$270,000
SOLD JUN 27, 2025

813 W 3rd St Mishawaka, IN 46544

7 Beds
4 Baths
3,109 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

10% Below List Price

35 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • 3-minute walk to Lincoln Park
  • Balcony
  • Level Lot

About This Home

As of June 2025

Income-Producing 4-Plex – Nearly $4,000/Month in Projected Rent! Investors, take note! This cash-flowing 4-plex is the perfect opportunity to add a high-performing property to your portfolio. With a total projected rent of $3,950 per month across four units, plus additional income potential from the 2-car garage and unfinished basement with laundry hookups, this property is an income-generating powerhouse! *Unit Breakdown: Unit 1: 3-bed, 1-bath – Projected Rent: $1,000/month; Unit 2: 1-bed, 1-bath – Projected Rent: $850/month; Unit 3: 2-bed, 1-bath – Projected Rent: $1,250/month; Unit 4: 1-bed, 1-bath – Projected Rent: $850/month. Property Features: Two units fully remodeled, ready for premium rents; Two units in decent shape, could use some TLC for added value; Separate electric meters for easy tenant management; 2-car garage – rent it out for extra income; Unfinished basement with laundry hookup – another revenue opportunity. With strong rental demand and value-add potential, this multi-family property is a smart investment whether you're looking for passive income or a long-term hold. Don't miss out—schedule your showing today!

Last Agent to Sell the Property

Adam Pendl

eXp Realty, LLC Brokerage Phone: 888-611-3912 Listed on: 04/03/2025

eXp Realty, LLC

Last Buyer's Agent

Deborah Pritchard

RE/MAX 100

RE/MAX 100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1922

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Quadruplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Schools

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

Additional Features

  • Balcony
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, maintenance, sewer, tax, water
  • Assessor Parcel Number 71-09-16-183-003.000-023

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,548

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1922
  • Age: 103
  • Style: Two Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 6 VAN DEN BOSCH ADD
  • Parcel Number ID: 71-09-16-183-003.000-023
  • Platted: Yes
  • Amenities: Basement, Balcony
  • Sp Lp Percent: 93.14
  • Monthly Gross Income: 900
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 5431
  • Total Finished Sq Ft: 3109
  • Above Grade Finished Sq Ft: 3109
  • Below Grade Sq Ft: 2322
  • Price Per Sq Ft: 86.84
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Below Grade Sq Ft: 2322
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • 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: 50X150
  • Estimated Lot Sq Ft: 7500
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 6

Rental Info

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

Tax Info

  • Total Assessed Value: 194500
  • Annual Property Tax: 4548.18

Multi Family

  • Gross Monthly Rent: 900
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 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
Apr 3, 2025
Closed on
Jun 30, 2025
Sold by
Bruhn Kurtis and Bruhn Gabrielle
Bought by
Merrifield Management Llc
Seller's Agent
Adam Pendl
eXp Realty, LLC
Buyer's Agent
Deborah Pritchard
RE/MAX 100
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%
Views
78
Current Estimated Value
$276,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,709
Avg. Annual Appreciation
9.52%
Original Mortgage
$216,000
Outstanding Balance
$215,631
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$61,078

Purchase Details

Listed on
Apr 3, 2025
Closed on
Jun 27, 2025
Sold by
Ciesielski Stephen and Bachman Nathan
Bought by
Bruhn Kurtis and Bruhn Gabrielle
Seller's Agent
Adam Pendl
eXp Realty, LLC
Buyer's Agent
Deborah Pritchard
RE/MAX 100
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$215,631
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$61,078

Purchase Details

Closed on
Jun 21, 2021
Sold by
Maya Capital Llc
Bought by
Ciesielski Stephen and Bachman Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2020
Sold by
Tabarak Real Estate Holdings & Inv Usa L
Bought by
Maya Capital Llc

Purchase Details

Closed on
Feb 6, 2015
Sold by
Real Estate 2014 Llc
Bought by
Tabarak Real Es Holding Inv Us

Purchase Details

Closed on
Jun 30, 2014
Sold by
Teachers Cu
Bought by
Real Estate 2014 Llc

Purchase Details

Closed on
Dec 17, 2013
Sold by
Billisama Properties Llc
Bought by
Teachers Cu

Purchase Details

Closed on
Apr 21, 2005
Sold by
Pepin Daniel B and Dutoi Terry D
Bought by
Jpmorgan Chase Bank
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
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $370,000 None Available
Warranty Deed -- Near North Title Group
Warranty Deed -- Fidelity National Title
Warranty Deed -- Metropolitan Title
Warranty Deed -- Metropolitan Title
Warranty Deed $105,300 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Previous Owner $138,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $270,000 -6.9% $87 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
05/06/2025 05/06/25 Price Changed $289,900 -3.4% $93 / Sq Ft
04/03/2025 04/03/25 For Sale $300,000 -- $96 / 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 $3,850 $194,500 $21,400 $173,100
2023 $3,847 $164,000 $21,400 $142,600
2022 $3,847 $164,000 $21,400 $142,600
2021 $3,355 $142,300 $12,900 $129,400
2020 $3,011 $127,300 $11,500 $115,800
2019 $2,889 $121,600 $11,000 $110,600
2018 $3,409 $114,800 $10,400 $104,400
2017 $3,635 $113,500 $10,400 $103,100
2016 $2,696 $88,100 $10,400 $77,700
2014 $2,352 $87,000 $10,400 $76,600
2013 -- $87,000 $10,400 $76,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202511079

Indiana Regional MLS

APN: 71-09-16-183-003.000-023