NOT LISTED FOR SALE

61600 Bremen Hwy Mishawaka, IN 46544

Estimated Value: $525,000 - $569,000

4 Beds
3 Baths
4,839 Sq Ft
$113/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $525,000 $108 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,143/month

60 Days on Market

Highlights

  • Waterfront
  • 10.67 Acre Lot
  • Lake, Pond or Stream
  • Madison Elementary School Rated A-
  • Living Room with Fireplace
  • 2 Car Detached Garage

About This Home

As of February 2024

Beautifully Renovated 1864 Farmhouse on 10.67 Acres, entirely fenced-in, PHM Schools! Breathtaking Antique Barn with new metal roof, horse stalls, hayloft and tack room. 8 acres of pasture, 2 acres yard space & pond. This 4-Br 3-Ba, 4839 Sq Ft home has all the charm of the era with all the updates in place. Beautiful upper and lower walk out decks, updated kitchen with eat in area & island. Generous size bedrooms, finished basement with large windows allowing plenty of sunlight. Beautiful built-in cabinetry throughout, family room with fireplace, formal dining room, office, sunroom with deck access. The Master suite is stunning, featuring large walk-in closet & private sitting room overlooking the property (would make a great office or nursery, has beautiful sunrise views!). 2-story detached garage has huge workshop/hobby area and the upper level could easily be converted into additional living space. Properties like this, with acreage, at this price-point, do not come on the market often!

Last Agent to Sell the Property

Robert Shannon

Cressy & Everett - South Bend Brokerage Phone: 574-240-8321 Listed on: 09/01/2023

Cressy & Everett - South Bend

Last Buyer's Agent

Nate Paulus

R1 Property Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1864

Lot Details

  • 10.67 Acre Lot
  • Waterfront
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Built-In Features
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Madison Elementary School
  • Grissom Middle School
  • Penn High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 71-14-03-300-001.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,096

Year Built

Built in 1864

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1864
  • Age: 160
  • Style: Two Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 1 Bulger`s Minor Sub Sec 3 36 3E
  • Parcel Number ID: 71-14-03-300-001.000-031
  • Platted: Yes
  • Amenities: Alarm System-Security, Built-In Bookcase, Built-in Desk, Built-In Entertainment Ct, Detector-Smoke, Dryer Hook Up Gas, Eat-In Kitchen, Garage Door Opener, Kitchen Island
  • Sp Lp Percent: 93.75
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5263
  • Total Finished Sq Ft: 4839
  • Above Grade Finished Sq Ft: 3339
  • Below Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 424
  • Price Per Sq Ft: 157.23
  • Basement: Yes
  • Basement Foundation: Full Basement, Michigan Basement
  • Fireplace: Living/Great Rm, Gas Log
  • Bedroom 1: Dimensions: 19x16, On Level: Upper
  • Bedroom 2: Dimensions: 19x15, On Level: Upper
  • Bedroom 3: Dimensions: 8x17, On Level: Upper
  • Bedroom 4: Dimensions: 8x15, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1924

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Barn, Dimensions: 140x40

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x36
  • Garage Sq Ft: 864
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Pond
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 464785
  • Estimated Lot Size Acres: 10.67

Tax Info

  • Annual Taxes: 3095.88
  • Exemptions: Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Feb 23, 2024
Sold by
Garman Vernon and Garman Bridget
Bought by
Collins Robert and Collins Douglas Tracy
Seller's Agent
Robert Shannon
Cressy & Everett - South Bend
Buyer's Agent
Nate Paulus
R1 Property Group LLC
List Price
$590,000
Sold Price
$525,000
Premium/Discount to List
-$65,000
-11.02%
Views
344
Current Estimated Value
$547,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,320
Avg. Annual Appreciation
2.62%
Original Mortgage
$408,650
Outstanding Balance
$401,415
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$145,905

Purchase Details

Listed on
Sep 1, 2023
Closed on
Feb 22, 2024
Sold by
Garman Vernon and Garman Bridget
Bought by
Collins Robert and Collins Douglas Tracy
Seller's Agent
Robert Shannon
Cressy & Everett - South Bend
Buyer's Agent
Nate Paulus
R1 Property Group LLC
List Price
$590,000
Sold Price
$525,000
Premium/Discount to List
-$65,000
-11.02%
Views
344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,650
Outstanding Balance
$401,415
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$145,905

Purchase Details

Closed on
Nov 8, 2022
Sold by
Traco Llc
Bought by
Garman Vernon and Garman Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 6, 2022
Sold by
Bulger John W and Bulger Renee A
Bought by
Traco Llc
Seller's Agent
Lisa LeBlanc
Cressy & Everett - South Bend
Buyer's Agent
Robert Shannon
Cressy & Everett - South Bend
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Collins Robert $525,000 Metropolitan Title
Collins Robert -- Metropolitan Title
Garman Vernon -- Martin Title
Traco Llc -- Drake Andrew R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Robert $408,650
Closed Collins Robert $408,650
Previous Owner Garman Vernon $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Sold $525,000 -6.3% $108 / Sq Ft
12/14/2023 12/14/23 Price Changed $560,000 -2.6% $116 / Sq Ft
09/17/2023 09/17/23 Price Changed $575,000 -2.5% $119 / Sq Ft
09/01/2023 09/01/23 For Sale $590,000 +12.4% $122 / Sq Ft
07/01/2022 07/01/22 Sold $525,000 -4.5% $108 / Sq Ft View Prior Sale
06/06/2022 06/06/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $549,900 -4.4% $114 / Sq Ft
05/17/2022 05/17/22 For Sale $575,000 -- $119 / 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 $2,752 $295,500 $81,600 $213,900
2023 $2,709 $298,500 $79,300 $219,200
2022 $3,096 $276,700 $77,000 $199,700
2021 $2,541 $217,700 $41,700 $176,000
2020 $2,498 $218,300 $41,600 $176,700
2019 $2,402 $204,700 $49,500 $155,200
2018 $2,106 $190,100 $46,400 $143,700
2017 $2,158 $188,100 $47,600 $140,500
2016 $2,557 $209,700 $60,400 $149,300
2014 $2,339 $182,500 $53,000 $129,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202331837

Indiana Regional MLS

APN: 71-14-03-300-001.000-031