$90,000
SOLD SEP 25, 2024

809 S Middleboro Ave Mishawaka, IN 46544

3 Beds
1 Bath
780 Sq Ft
9,280 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

14% Below List Price

12 Days on Market

Highlights

  • Bungalow
  • Level Lot
  • 1-Story Property
  • Forced Air Heating System
  • Carpet

About This Home

As of September 2024

Unlock the potential of this charming 3-bedroom, 1-bathroom single-family rental property, ideally situated in a desirable neighborhood with an excellent school district. This residence offers a fantastic investment opportunity for those looking to expand their portfolio or enter the rental market. With a little TLC, this home is ready to welcome new tenants and provide a cozy living space. Don’t miss out on the chance to make this property shine and capitalize on its prime location! Please reference the following MLS #'s for properties available by the same owner: 202432901, 202433824, 202433833, and 202433834. These may be purchased together as a package.

Last Agent to Sell the Property

Natashia Bontrager

McKinnies Realty, LLC Brokerage Phone: 574-202-2752 Listed on: 08/27/2024

McKinnies Realty, LLC

Last Buyer's Agent

Natashia Bontrager

McKinnies Realty, LLC Brokerage Phone: 574-202-2752 Listed on: 08/27/2024

McKinnies Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 9,280 Sq Ft Lot
  • Lot Dimensions are 80x116
  • Level Lot

Home Design

  • Bungalow
  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Laundry in Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 71-09-17-352-025.000-023

Community Details

Overview

  • Lafayette Place Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1928
  • Age: 96
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 174 & 175 LAFAYETTE PLACE
  • Parcel Number ID: 71-09-17-352-025.000-023
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Sp Lp Percent: 85.71
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1560
  • Total Finished Sq Ft: 780
  • Above Grade Finished Sq Ft: 780
  • Below Grade Sq Ft: 780
  • Price Per Sq Ft: 115.38
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 780
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 5

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Annual Insurance Expense: 1200
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80X116
  • Estimated Lot Sq Ft: 9280
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Total Assessed Value: 103000
  • Annual Property Tax: 2431

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 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
Aug 27, 2024
Closed on
Sep 25, 2024
Sold by
Frank & Fred Llc
Bought by
Aldor Investments Llc
Seller's Agent
Natashia Bontrager
McKinnies Realty, LLC
Buyer's Agent
Natashia Bontrager
McKinnies Realty, LLC
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Views
29
Current Estimated Value
$108,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,163
Avg. Annual Appreciation
19.36%
Original Mortgage
$104,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2022
Sold by
809 Middleboro Land Trust
Bought by
Frank & Fred Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2014
Sold by
809 Middleboro Land Trust
Bought by
809 Middleboro Land Trust

Purchase Details

Closed on
Aug 21, 2009
Sold by
Fannie Mae
Bought by
809 Middleboro Land Trust

Purchase Details

Closed on
Jun 18, 2009
Sold by
Littler Samuel H
Bought by
Fannie Mae and Federal National Mortgage Association
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 Type Sale Price Title Company
Warranty Deed $90,000 Metropolitan Title
Deed $140,000 Fidelity National Title
Interfamily Deed Transfer -- --
Limited Warranty Deed -- Meridian Title Corp
Sheriffs Deed $47,207 Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,250 New Conventional
Closed $104,000 New Conventional
Previous Owner $152,600 Credit Line Revolving
Previous Owner $84,000 New Conventional
Previous Owner $30,000 Stand Alone Second
Previous Owner $15,000 Credit Line Revolving
Previous Owner $40,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $90,000 -14.3% $115 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $105,000 -- $135 / 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 $3,173 $113,100 $35,700 $77,400
2023 $2,432 $103,000 $35,700 $67,300
2022 $1,067 $45,100 $13,300 $31,800
2021 $1,011 $55,000 $14,700 $40,300
2020 $993 $69,800 $18,600 $51,200
2019 $1,001 $41,700 $16,600 $25,100
2018 $1,105 $36,900 $14,700 $22,200
2017 $1,189 $36,800 $14,700 $22,100
2016 $1,136 $53,200 $14,700 $38,500
2014 $1,238 $45,800 $9,800 $36,000
2013 $1,286 $45,800 $9,800 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202432893

Indiana Regional MLS

APN: 71-09-17-352-025.000-023