NOT LISTED FOR SALE

56263 Ferris Ave Mishawaka, IN 46545

Estimated Value: $108,000 - $147,000

2 Beds
1 Bath
728 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $99,000 $136 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $768/month

16 Days on Market

Highlights

  • Above Ground Pool
  • Ranch Style House
  • Forced Air Heating System
  • Schmucker Middle School Rated A
  • 1 Car Detached Garage
  • Privacy Fence

About This Home

As of May 2023

Central location for this 2 bedroom bungalow in PHM. Close to the Capitol Ave. and US 20 bypass and only 4 miles to the Grape Road area. Home has a brand new roof and is ready for owners to dedicate a little TLC. The lot is large at a quarter of an acre with a huge backyard. An above ground pool (2012) with newer deck area is the central feature of the back yard. There is also a 2 story 120 sqft shed. There is a detached garage with some extra space for storage. Basement is clean and suitable for storage or could be used for livable space.

Last Agent to Sell the Property

Andrew Kern

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 02/02/2023

Weichert Rltrs-J.Dunfee&Assoc.

Last Buyer's Agent

Pam Colen

McKinnies Realty, LLC

McKinnies Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1955

Lot Details

  • 10,240 Sq Ft Lot
  • Lot Dimensions are 80 x 128
  • Privacy Fence
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Above Ground Pool

Schools

  • Elsie Rogers Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 71-09-11-276-017.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,753

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1955
  • Age: 68
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 51 & Lot 52 Power Light 1st
  • Parcel Number ID: 71-09-11-276-017.000-031
  • Platted: Yes
  • Improvmnts In Last5 Yrs: Yes
  • Investment Property: Yes
  • Sp Lp Percent: 102.59
  • Year Taxes Payable: 2022 pay 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1128
  • Total Finished Sq Ft: 728
  • Above Grade Finished Sq Ft: 728
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 135.99
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 12x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 400

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 12x10, 120
  • Pool: Above Ground
  • Pool: Yes
  • Fence: Privacy

Garage/Parking

  • Driveway: Dirt, Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x15
  • Garage Sq Ft: 300
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Swimming Pool

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Elsie Rogers
  • Middle School: Schmucker
  • High School: Penn
  • Elementary School: Elsie Rogers

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80 x 128
  • Estimated Lot Sq Ft: 10240
  • Estimated Lot Size Acres: 0.24

Tax Info

  • Annual Taxes: 1753.02
  • Total Assessed Value: 99600
  • Exemptions: Mortgage

MLS Schools

  • High School: Penn
  • Middle School: Schmucker
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
May 19, 2023
Sold by
Colburn Arthur E and Colburn Donna K
Bought by
Richcreek Kiera
Seller's Agent
Andrew Kern
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Pam Colen
McKinnies Realty, LLC
List Price
$99,900
Sold Price
$99,000
Premium/Discount to List
-$900
-0.9%
Views
257
Current Estimated Value
$128,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,769
Avg. Annual Appreciation
11.89%
Original Mortgage
$5,940
Interest Rate
6.27%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richcreek Kiera -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richcreek Kiera $14,383
Closed Richcreek Kiera $5,940
Open Richcreek Kiera $97,206
Previous Owner Colburn Arthur E $79,594
Previous Owner Colburn Arthur E $84,854
Previous Owner Cluburn Arthur E $74,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $99,000 +2.6% $136 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $96,500 -3.4% $133 / Sq Ft
02/02/2023 02/02/23 For Sale $99,900 -- $137 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $589 $94,900 $36,700 $58,200
2023 $531 $98,300 $36,700 $61,600
2022 $1,753 $99,600 $36,700 $62,900
2021 $1,709 $87,800 $29,700 $58,100
2020 $1,469 $76,500 $25,900 $50,600
2019 $1,500 $76,600 $25,900 $50,700
2018 $1,376 $73,000 $23,800 $49,200
2017 $406 $72,800 $23,800 $49,000
2016 $402 $73,400 $23,800 $49,600
2014 $317 $68,900 $23,800 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202302981

Indiana Regional MLS

APN: 71-09-11-276-017.000-031