NOT LISTED FOR SALE

619 Lincolnway E Mishawaka, IN 46544

Estimated Value: $207,000 - $340,000

8 Beds
6 Baths
2,836 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $280,000 $99 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,881/month

32 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-minute walk to Bingham Park
  • Fenced Yard

About This Home

As of October 2021

Updated 6 Plex Investment property available in Mishawaka! Unit mix includes 3 studio apartments, 2-1 bd apartments and a 3 bedroom apartment. 4 of the units have been recently remodeled.

Last Agent to Sell the Property

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 07/22/2021

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Amy Warner

Berkshire Hathaway Home Services Elk2

Berkshire Hathaway Home Services Elk2

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1880

Lot Details

  • 7,919 Sq Ft Lot
  • Lot Dimensions are 60x132
  • Fenced Yard

Parking

  • 5 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for fuel, tax, trash collection, water
  • Assessor Parcel Number 71-09-15-154-004.000-023

Community Details

Overview

  • 6 Units

Pet Policy

  • Pet Restriction

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $720
  • Fuel Expense $1,918
  • Insurance Expense $2,198
  • Trash Expense $667
  • Water Sewer Expense $996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,539

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1880
  • Age: 141
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: Barbees Subdivision Lot 26
  • Parcel Number ID: 71-09-15-154-004.000-023
  • Platted: Yes
  • Amenities: Basement, Fenced Yard
  • Sp Lp Percent: 98.25
  • Monthly Gross Income: 3625
  • Special Features: None

Interior Features

  • Total Sq Ft: 4132
  • Total Finished Sq Ft: 2836
  • Above Grade Finished Sq Ft: 2836
  • Below Grade Sq Ft: 1296
  • Price Per Sq Ft: 98.73
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl Tile, Wood
  • Total Below Grade Sq Ft: 1296
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 720
  • Annual Fuel Expense: 1918
  • Annual Insurance Expense: 2198
  • Annual Trash Expense: 667
  • Annual Water Sewer Expense: 996
  • Number Electric Meters: 6
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: School City of Mishawaka
  • Elementary School: Beiger
  • Middle School: John Young
  • High School: Mishawaka

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 60x132
  • Estimated Lot Sq Ft: 7919
  • Estimated Lot Size Acres: 0.1818
  • Lot Number: 26

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Fuel, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Tax Info

  • Total Assessed Value: 106500
  • Annual Property Tax: 2539

Multi Family

  • Gross Monthly Rent: 3625
  • Number Of Dryers: 1
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 3
  • Num Of Units Rented: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 13, 2021
Sold by
Artisan Inv Group Llc
Bought by
Silver Spoons Llc
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Amy Warner
Berkshire Hathaway Home Services Elk2
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Total Days on Market
32
Current Estimated Value
$275,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,391

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 22, 2020
Sold by
Portolese Michael R
Bought by
Artisan Inv Group Llc
Seller's Agent
Christine Simper
McKinnies Realty, LLC
Buyer's Agent
Christine Simper
McKinnies Realty, LLC
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
184.64%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Silver Spoons Llc $560,000 None Available
Artisan Inv Group Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $280,000 -1.8% $99 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $285,000 +137.5% $100 / Sq Ft
12/21/2020 12/21/20 Sold $120,000 -3.9% $43 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $124,900 -- $45 / 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 $4,012 $172,100 $30,000 $142,100
2023 $4,009 $170,900 $30,000 $140,900
2022 $4,009 $170,900 $30,000 $140,900
2021 $2,832 $156,600 $30,000 $126,600
2020 $2,539 $106,500 $15,000 $91,500
2019 $2,453 $102,400 $14,400 $88,000
2018 $2,490 $83,300 $11,800 $71,500
2017 $2,662 $82,600 $11,800 $70,800
2016 $2,544 $82,600 $11,800 $70,800
2014 $2,219 $81,500 $11,800 $69,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202129396

Indiana Regional MLS

APN: 71-09-15-154-004.000-023