NOT LISTED FOR SALE

815 1/2 Elm St Mishawaka, IN 46545

Estimated Value: $108,000 - $187,000

5 Beds
2 Baths
1,874 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $45,000 $24 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $974/month

492 Days on Market

Highlights

  • Traditional Architecture
  • Enclosed patio or porch
  • Level Lot
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Carpet

About This Home

As of August 2017

NEW PRICE ! Investment with immediate income, renter can remain or live in one unit and rent the other. Two unit in move in condition for immediate income. Main floor unit is a rare find with 3 bedrooms, living room, family/dining room and eat in kitchen, basement access . Upper unit has two bedrooms, nice sized living room and eat in kitchen. Range/ovens and refrigerators included. Large lot with one car garage on site. Maintenance free exterior on home. Fresh paint and repairs have recently been completed.

Last Agent to Sell the Property

Elaine Gerard

Cressy & Everett - South Bend Listed on: 03/23/2016

Last Buyer's Agent

SB NonMember

NonMember SB

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,185 Sq Ft Lot
  • Lot Dimensions are 62 x 132
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for electric, heating, water
  • Assessor Parcel Number 71-09-10-354-004.000-023

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $1,200
  • Insurance Expense $1,000
  • Maintenance Expense $1,200
  • Trash Expense $180
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lots 155-156 62 ft S end 116 ft N end EA G W R Fowlers 1st
  • Parcel Number ID: 71-09-10-354-004.000-023
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Countertops-Laminate, Porch Enclosed, Water Heater Gas
  • Cross Street: Battell
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 76.27
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 1114
  • Special Features: None

Interior Features

  • Total Sq Ft: 2343
  • Total Finished Sq Ft: 1874
  • Above Grade Finished Sq Ft: 1874
  • Below Grade Sq Ft: 469
  • Price Per Sq Ft: 24.01
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 469
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2
  • Outbuilding Sq Ft: 240

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Mishawaka Utility
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Annual Electric: 1200
  • Annual Fuel Expense: 1200
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1200
  • Annual Trash Expense: 180
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 62 x 132
  • Estimated Lot Sq Ft: 8185
  • Estimated Lot Size Acres: 0.1879
  • Lot Number: 155

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Water

Tax Info

  • Total Assessed Value: 67800
  • Tax Code: Tax Code 16-Mishawaka
  • Annual Property Tax: 1833

Multi Family

  • Gross Monthly Rent: 1114
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2021
Sold by
Tbcf Real Estate Llc
Bought by
Msg Llc
Total Days on Market
492
Current Estimated Value
$155,917

Purchase Details

Listed on
Mar 23, 2016
Closed on
Aug 30, 2017
Sold by
Yocum Marvin W and Yocum Ruth L
Bought by
Tbcf Real Estate Llc
Seller's Agent
Elaine Gerard
Cressy & Everett - South Bend
Buyer's Agent
SB NonMember
NonMember SB
List Price
$75,500
Sold Price
$45,000
Premium/Discount to List
-$30,500
-40.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.21%
Source: Public Records

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Range of Values:

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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
Msg Llc $182,000 None Available
Tbcf Real Estate Llc -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Msg Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $45,000 -40.4% $24 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
03/23/2016 03/23/16 For Sale $75,500 -- $40 / 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 $1,746 $111,700 $32,700 $79,000
2023 $1,746 $74,400 $10,700 $63,700
2022 $1,745 $74,400 $10,700 $63,700
2021 $1,695 $71,900 $13,400 $58,500
2020 $2,105 $89,000 $16,600 $72,400
2019 $1,877 $79,000 $14,700 $64,300
2018 $2,070 $69,700 $13,400 $56,300
2017 $2,197 $68,600 $13,400 $55,200
2016 $2,099 $68,600 $13,400 $55,200
2014 $1,833 $67,800 $13,400 $54,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Elaine Gerard

    Cressy & Everett - South Bend

  • S

    Buyer's Agent in 2017

    SB NonMember

    NonMember SB

    687 Total Sales

    SB NonMember
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Map

Source: Indiana Regional MLS

MLS Number: 201611651

Indiana Regional MLS

APN: 71-09-10-354-004.000-023

Indiana St Joseph County Mishawaka 46545

815 1/2 Elm St, Mishawaka, IN

This home is located at 815 1/2 Elm St, Mishawaka, IN 46545 since 23 March 2016 and is currently estimated at $155,917, approximately $83 per square foot. This property was built in 1900. 815 1/2 Elm 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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