Seller's Agent in 2022
Nick Benninghoff
Cressy & Everett - South Bend
(574) 233-6141
111 Total Sales
550 Lincoln Way W Mishawaka, IN 46544
Estimated Value: $101,000 - $179,000
6
Beds
4
Baths
2,582
Sq Ft
$57/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Ceiling height of 9 feet or more
- Level Lot
- Victorian Architecture
- Forced Air Heating System
- 3-minute walk to Kamm Island Park
About This Home
As of April 2022Check out this rare investment opportunity in Downtown Mishawaka next to the 100 Center and Kamm Island!! The River Walk, beautiful parks, and a variety of eclectic restaurants are all a short stroll away. This four-unit Victorian is ready for you and your remodeler's imagination. Comparative rents nearby indicate that this could gross $3,500+/month when completed as a long-term rental and possibly more on Airbnb! Electrical and gas are already split. Don't wait, opportunities like this don't last long!
Last Agent to Sell the Property
Cressy & Everett - South Bend Listed on: 03/16/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1892
Lot Details
- 7,562 Sq Ft Lot
- Lot Dimensions are 54x140
- Level Lot
Home Design
- Quadruplex
- Victorian Architecture
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Ceiling height of 9 feet or more
- Wood Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Michigan Basement
- Exterior Basement Entry
- Stone or Rock in Basement
- Basement Cellar
Parking
- 2 Parking Spaces
- Unpaved Parking
- Off-Street Parking
Location
- Suburban Location
Schools
- Lasalle Elementary School
- John Young Middle School
- Mishawaka High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 71-09-16-177-002.000-023
Community Details
Overview
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2022
Closed on
Apr 13, 2022
Sold by
Anello Bros Inc
Bought by
Jawad Real Estate Llc
Seller's Agent
Nick Benninghoff
Cressy & Everett - South Bend
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,667
Avg. Annual Appreciation
39.39%
Purchase Details
Closed on
Sep 17, 2021
Sold by
Fernandez Santos
Bought by
Thompson Brittany
Purchase Details
Closed on
Sep 24, 2019
Sold by
Mckinnies Sr Michael E
Bought by
Edge Jodie Dean and Mckinnies Jason
Purchase Details
Closed on
Jun 22, 2005
Sold by
Fernandez Santos and Mckinnier Michael
Bought by
F & M Investments Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jawad Real Estate Llc | $150,000 | Nussbaum Richard A | |
| Thompson Brittany | $50,000 | None Available | |
| Edge Jodie Dean | -- | -- | |
| F & M Investments Llc | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/13/2022 04/13/22 | Sold | $75,000 | -6.3% | $29 / Sq Ft |
| 03/24/2022 03/24/22 | Pending | -- | -- | -- |
| 03/16/2022 03/16/22 | For Sale | $80,000 | -- | $31 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,052 | $129,800 | $22,500 | $107,300 |
| 2023 | $3,831 | $163,500 | $22,500 | $141,000 |
| 2022 | $3,831 | $163,300 | $22,500 | $140,800 |
| 2021 | $3,341 | $141,700 | $13,500 | $128,200 |
| 2020 | $3,094 | $130,800 | $12,100 | $118,700 |
| 2019 | $2,970 | $125,000 | $11,600 | $113,400 |
| 2018 | $3,501 | $117,900 | $10,900 | $107,000 |
| 2017 | $3,735 | $116,600 | $10,900 | $105,700 |
| 2016 | $2,093 | $68,400 | $10,900 | $57,500 |
| 2014 | $1,836 | $67,900 | $10,900 | $57,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Indiana Regional MLS
MLS Number: 202208696
APN: 71-09-16-177-002.000-023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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