NOT LISTED FOR SALE

724 E Lawrence St Mishawaka, IN 46545

Estimated Value: $156,000 - $200,000

5 Beds
5 Baths
3,776 Sq Ft
$47/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $109,000 $29 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,272/month

1 Day on Market

About This Home

As of April 2021

5 unit apartment building professionally managed and maintained. selling as-is cash only. fully occupied. verification of funds then 48 hour notice to tenants required for showings. tenants pay gas bill for units 2 3 and 4. new roof 2016. May be packaged with properties at: 813 Elm St, 838 E 3rd St, 2809 Mishawaka Ave.

Last Agent to Sell the Property

Daniel O'Day

RICO Properties Listed on: 01/25/2021

Last Buyer's Agent

Jen Arizmendi

Addresses Unlimited, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1914

Lot Details

  • 3,859 Sq Ft Lot
  • Lot Dimensions are 33x117
  • Corner Lot

Home Design

  • Masonry Siding
  • Masonry

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Block Basement Construction

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-09-10-354-010.000-023

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 5 Units
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,514

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1914
  • Age: 107
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: LOT 128 33X117.4'SE COR G W R FOWLERS 1ST
  • Parcel Number ID: 71-09-10-354-010.000-023
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2715
  • Special Features: None

Interior Features

  • Total Sq Ft: 5664
  • Total Finished Sq Ft: 3776
  • Above Grade Finished Sq Ft: 3776
  • Below Grade Sq Ft: 1888
  • Price Per Sq Ft: 28.87
  • Basement: Yes
  • Basement Foundation: Outside Entrance
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1888
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Masonry
  • Stories: 2

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Maintenance Expense: 1000

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 33x117
  • Estimated Lot Sq Ft: 3859
  • Estimated Lot Size Acres: 0.0886
  • Lot Number: 128

Rental Info

  • Lease Term: Renewal Options

Tax Info

  • Total Assessed Value: 119200
  • Annual Property Tax: 2514

Multi Family

  • Gross Monthly Rent: 2715
  • Number Of Refrigerators: 1
  • Number Of Units: 5
  • Num Of1 Bedrooms: 5
  • Num Of Units Rented: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Apr 16, 2021
Sold by
Wja Properties Llc
Bought by
Tropic Life Inv Llc
Seller's Agent
Daniel O'Day
RICO Properties
Buyer's Agent
Jen Arizmendi
Addresses Unlimited, LLC
List Price
$109,000
Sold Price
$109,000
Total Days on Market
1
Current Estimated Value
$178,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,000
Avg. Annual Appreciation
12.54%
Original Mortgage
$98,100
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2017
Closed on
May 25, 2017
Sold by
Kalderon Llc
Bought by
Wja Properties Llc
Seller's Agent
Jackie Frient
Market Place Realty, Inc.
Buyer's Agent
Daniel O'Day
RICO Properties
List Price
$120,000
Sold Price
$93,000
Premium/Discount to List
-$27,000
-22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%

Purchase Details

Listed on
May 29, 2015
Closed on
Jun 25, 2015
Sold by
Apex Corp
Bought by
Kalderon Llc
Seller's Agent
Jackie Frient
Market Place Realty, Inc.
Buyer's Agent
Jackie Frient
Market Place Realty, Inc.
List Price
$67,500
Sold Price
$67,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.06%
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
Tropic Life Inv Llc $218,000 Fidelity National Title
Wja Properties Llc -- Metropolitan Title
Kalderon Llc -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tropic Life Inv Llc $98,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $109,000 0.0% $29 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $109,000 +17.2% $29 / Sq Ft
05/30/2017 05/30/17 Sold $93,000 -22.5% $25 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $120,000 +77.8% $32 / Sq Ft
06/26/2015 06/26/15 Sold $67,500 0.0% $18 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $67,500 -- $18 / 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 $3,270 $138,600 $16,500 $122,100
2023 $3,268 $139,300 $16,500 $122,800
2022 $3,268 $139,300 $16,500 $122,800
2021 $3,174 $134,600 $9,400 $125,200
2020 $2,819 $119,200 $8,300 $110,900
2019 $2,514 $105,800 $7,400 $98,400
2018 $2,212 $74,500 $6,700 $67,800
2017 $2,341 $73,100 $6,700 $66,400
2016 $2,260 $73,100 $6,700 $66,400
2014 $2,655 $97,400 $6,700 $90,700
2013 $2,756 $97,400 $6,700 $90,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Daniel O'Day

    RICO Properties

    (574) 850-7006

    16 Total Sales

    Daniel O'Day
    Section Image
  • Jen Arizmendi

    Buyer's Agent in 2021

    Jen Arizmendi

    Addresses Unlimited, LLC

    (574) 245-0210

    256 Total Sales

    Jen Arizmendi
    Section Image
  • Jackie Frient

    Seller's Agent in 2017

    Jackie Frient

    Market Place Realty, Inc.

    (574) 850-1432

    23 Total Sales

    Jackie Frient
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202102461

Indiana Regional MLS

APN: 71-09-10-354-010.000-023

Indiana St Joseph County Mishawaka 46545

724 E Lawrence St, Mishawaka, IN

This home is located at 724 E Lawrence St, Mishawaka, IN 46545 since 25 January 2021 and is currently estimated at $178,000, approximately $47 per square foot. This property was built in 1914. 724 E Lawrence St is a home located in St. Joseph County with nearby schools including Battell Elementary School, John J. Young Middle School, and Mishawaka High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS 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.

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