NOT LISTED FOR SALE

620 E Mishawaka Ave Mishawaka, IN 46545

Estimated Value: $267,733 - $373,000

8 Beds
6 Baths
2,747 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $233,000 $85 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,190/month

22 Days on Market

About This Home

As of July 2020

Great location and value potential on this six unit money maker right here! Duplex and a Fourplex on the same parcel. Excellent cash flow on a well maintained building. Two of the units have recently been turned. Coin operated laundry in the basement for tenants use.

Last Agent to Sell the Property

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 02/23/2020

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Patricia Baba

Realty Plus, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,833

Year Built

  • Built in 1960

Lot Details

  • 8,050 Sq Ft Lot
  • Lot Dimensions are 61 x 132

Parking

  • 6 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Battell Elementary School
  • John Young Middle School
  • Mishawaka High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, water
  • Assessor Parcel Number 71-09-10-361-013.000-023

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Fowler Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $775
  • Fuel Expense $1,000
  • Insurance Expense $1,432
  • Maintenance Expense $500
  • Water Sewer Expense $1,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,833

Year Built

Built in 1960

Lot Details

8,050 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1960
  • Style: Two Story
  • Bedrooms: 8
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: 22 Ft W Side Lot 12 & Lot 11 Ex 27x120 Ft Sw Cor G W R Fowlers 1st
  • Parcel Number ID: 71-09-10-361-013.000-023
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None

Interior Features

  • Total Sq Ft: 3771
  • Total Finished Sq Ft: 2747
  • Above Grade Finished Sq Ft: 2747
  • Below Grade Sq Ft: 1024
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Total Below Grade Sq Ft: 1024
  • Number Of Ranges Ovens: 6
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Baseboard, Conventional
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 775
  • Annual Fuel Expense: 1000
  • Annual Insurance Expense: 1432
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1000
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Battell

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 61 x 132
  • Estimated Lot Sq Ft: 8050
  • Estimated Lot Size Acres: 0.1848
  • Lot Number: 12

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Fuel, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 2833

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2020
Closed on
Jul 6, 2020
Sold by
Artisan Inv Group Llc
Bought by
Jdf Premium Properties Of Mishawaka Llc
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Patricia Baba
Realty Plus, Inc.
List Price
$239,900
Sold Price
$233,000
Premium/Discount to List
-$6,900
-2.88%
Current Estimated Value
$331,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,183
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Feb 27, 2017
Sold by
3D Investments Ltd
Bought by
Artisan Investment Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jdf Premium Properties Of Mishawaka Llc -- Fidelity National Title
Artisan Investment Group Llc -- Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $233,000 -2.9% $85 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $239,900 0.0% $87 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/23/2020 02/23/20 For Sale $239,900 -- $87 / Sq Ft
Source: Indiana Regional MLS

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 $5,807 $247,500 $32,200 $215,300
2023 $5,804 $247,400 $32,200 $215,200
2022 $5,804 $247,400 $32,200 $215,200
2021 $4,018 $170,400 $13,100 $157,300
2020 $2,789 $117,900 $16,300 $101,600
2019 $2,267 $104,600 $14,400 $90,200
2018 $2,833 $95,400 $13,100 $82,300
2017 $3,014 $171,900 $13,100 $158,800
2016 $5,261 $171,900 $13,100 $158,800
2014 $2,482 $91,800 $13,100 $78,700
Source: Public Records

Agents Affiliated with this Home

  • Joshua Schirr

    Seller's Agent in 2020

    Joshua Schirr

    McKinnies Realty, LLC Elkhart

    (574) 606-7771

    6 in this area

    91 Total Sales

    Joshua Schirr
    Section Image
  • Patricia Baba

    Buyer's Agent in 2020

    Patricia Baba

    Realty Plus, Inc.

    (269) 268-4526

    70 Total Sales

    Patricia Baba
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202006670

Indiana Regional MLS

APN: 71-09-10-361-013.000-023

Indiana St Joseph County Mishawaka 46545

620 E Mishawaka Ave, Mishawaka, IN

Not Listed for Sale

MultiFamily

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Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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