$120,000
SOLD DEC 21, 2020

619 Lincolnway E Mishawaka, IN 46544

7 Beds
5 Baths
2,804 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

4% Below List Price

24 Days on Market

Highlights

  • 5 Car Attached Garage
  • Level Lot
  • 1-minute walk to Bingham Park
  • Eat-In Kitchen

About This Home

As of October 2021

Zoned C-3....Multi-Family !!! Unit #1 ($750.00 monthly): 2 Bedrooms (Extra room currently being used as third bedroom), Full Bathroom, Living room & Kitchen. Units 2-5 ($400.00 Monthly): All efficiencies where living room also serves as bedroom and with separate kitchen and bathroom. Basement is shared by all Tenants. Garage for Unit #1 and Units 2-5 each have a carport available to them. All units have stove/oven & refrigerator. Property being sold in it's "As Is" condition (Estate-No Sellers Disclosure) All Tenant's are month to month.

Last Agent to Sell the Property

Christine Simper

McKinnies Realty, LLC Listed on: 11/11/2020

McKinnies Realty, LLC

Last Buyer's Agent

Christine Simper

McKinnies Realty, LLC Listed on: 11/11/2020

McKinnies Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1880

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 132
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Car Attached Garage
  • Carport
  • Off-Street Parking

Community Details

  • 5 Units
  • Insurance Expense $2,366

Listing and Financial Details

  • The owner pays for electric, fuel, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 71-09-15-154-004.000-043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,453

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1880
  • Age: 140
  • Style: Two Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: Lot 26 Barbees Sub
  • Parcel Number ID: 71-09-15-154-004.000-043
  • Platted: Yes
  • Amenities: Off Street Parking, Eat-In Kitchen
  • Sp Lp Percent: 96.08
  • Zoning Description: C-3 Per City of Mishawaka (Multi-Family)
  • Monthly Gross Income: 2350
  • Special Features: None

Interior Features

  • Total Sq Ft: 4100
  • Total Finished Sq Ft: 2804
  • Above Grade Finished Sq Ft: 2804
  • Below Grade Sq Ft: 1296
  • Price Per Sq Ft: 42.8
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Total Below Grade Sq Ft: 1296
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 2366

Schools

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

Lot Info

  • Lot Description: Level, Slope
  • Lot Dimensions: 60 x 132
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Maintenance, Sewer, Tax, Trash Collection, Water

Tax Info

  • Total Assessed Value: 91500
  • Annual Property Tax: 2453

Multi Family

  • Gross Monthly Rent: 2350
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of1 Bedrooms: 4
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 4
  • Num Of Units Rented: 3

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
24
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
Not Available
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 Type Sale Price Title Company
Warranty Deed $560,000 None Available
Personal Reps Deed -- 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: 202045367

Indiana Regional MLS

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