$210,000
$20K PRICE DROP

803 N Main St Mishawaka, IN 46545

Estimated payment $1,514/month

Total Views 42,949
4 Beds
3 Baths
2,448 Sq Ft
$86 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Level Lot
  • 4-minute walk to Central Park

About This Home

Nice three-unit investment property located in Mishawaka. Located on the corner of Mishawaka and Lawrence. There is a one car detached garage. Great investment opportunity! Must have 24-48 hour notice! Buyer to check all information, taxes, schools and all measurements.

Listing Agent

Tricia Greaney

Summit Group Real Estate Listed on: 07/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1895

Lot Details

  • 5,544 Sq Ft Lot
  • Lot Dimensions are 56x99
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 71-09-09-456-018.000-023

Community Details

Overview

  • 3 Units
  • Lawrence & Battells Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Fuel Expense $500
  • Insurance Expense $2,200
  • Maintenance Expense $500
  • Trash Expense $500
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,742

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1895
  • Age: 130
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 16 & Lot 15 Ex 2 Ft N Side Lawrence & Battells Blk 51
  • Parcel Number ID: 71-09-09-456-018.000-023
  • Platted: Yes
  • Amenities: Detector-Carbon Monoxide, Detector-Smoke
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 2200
  • Year Taxes Payable: 4741.76
  • Special Features: None

Interior Features

  • Total Sq Ft: 3240
  • Total Finished Sq Ft: 2448
  • Above Grade Finished Sq Ft: 2448
  • Below Grade Sq Ft: 792
  • Price Per Sq Ft: 85.78
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 792
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 500
  • Annual Fuel Expense: 500
  • Annual Insurance Expense: 2200
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 500
  • Annual Water Sewer Expense: 1800
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 56x99
  • Estimated Lot Sq Ft: 5544
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 2200
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 4741.76

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,742 $199,900 $28,500 $171,400
2023 $4,742 $202,000 $28,500 $173,500
2022 $4,739 $202,000 $28,500 $173,500
2021 $2,556 $108,400 $10,500 $97,900
2020 $2,945 $124,500 $12,100 $112,400
2019 $2,554 $107,500 $10,500 $97,000
2018 $3,192 $107,500 $10,500 $97,000
2017 $3,401 $106,200 $10,500 $95,700
2016 $2,741 $88,400 $10,500 $77,900
2014 $2,394 $87,300 $10,500 $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 For Sale $210,000 0.0% $86 / Sq Ft
09/06/2025 09/06/25 Off Market $210,000 -- --
07/21/2025 07/21/25 Price Changed $210,000 -4.1% $86 / Sq Ft
06/05/2025 06/05/25 For Sale $219,000 0.0% $89 / Sq Ft
06/01/2025 06/01/25 Off Market $219,000 -- --
04/09/2025 04/09/25 For Sale $219,000 0.0% $89 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
01/07/2025 01/07/25 Price Changed $219,000 -4.8% $89 / Sq Ft
12/05/2024 12/05/24 For Sale $230,000 0.0% $94 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $230,000 -- $94 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Lawyers Title
Warranty Deed -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202427718

Indiana Regional MLS

APN: 71-09-09-456-018.000-023