NOT LISTED FOR SALE

902 S Main St Mishawaka, IN 46544

Estimated Value: $136,000 - $197,000

3 Beds
2 Baths
1,788 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $163,000 $91 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,143/month

16 Days on Market

Highlights

  • Detached Garage
  • Porch
  • Vinyl Flooring
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

!!! ATTENTION MULTIUNIT INVESTORS !!! This Duplex is turn key. Currently occupied with month to month leases. Upstairs unit features 1 bedroom and a walk in closet. The living room has an electric fireplace feature. The kitchen has plenty of cabinet space. Eat in kitchen. Large bathroom with removable shower head and glass shower doors. Laundry hook up in each unit. Downstairs unit features 2 bedrooms and 1 large bathroom. Kitchen is also generous in size. Covered front porch with side door that leads to a fenced in area for the downstairs tenants. The upstairs unit also has its own fenced in area through their side entrance. Great updated unit with newer roof and 1.5 car garage with storage loft area.

Last Agent to Sell the Property

Traci Gaddis

Blackrock Real Estate Services Listed on: 06/15/2022

Co-Listed By

Andrea Buttermore

Blackrock Real Estate Services

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1915

Lot Details

  • 3,101 Sq Ft Lot
  • Lot Dimensions are 66x47

Interior Spaces

  • 1,788 Sq Ft Home
  • Elevator
  • Fireplace
  • Vinyl Flooring
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,160
  • Tenant pays for electricity, sewer, water, gas
  • Assessor Parcel Number 710916483001000023

Community Details

Overview

  • 2 Units
  • Gaylors 2Nd Subdivision

Building Details

  • Insurance Expense $1,000
  • New Taxes Expense $2,113
  • Net Operating Income $13,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,692

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1915
  • Reso Property Sub Type: Duplex
  • Co List Office Mls Id: NRA1876
  • Co List Office Phone: (219) 262-0086
  • Co List Office Mls Id: NRA1876
  • Subdivision Name: Gaylors 2nd
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Range
  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.0712
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Detached, Off Street, Heated Garage

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Electricity Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas, Forced Air, Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Lot Dimensions: 66x47
  • Lot Size Sq Ft: 3101
  • ResoLotSizeUnits: Acres
  • Parcel #: 710916483001000023
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Sewer, Water, Gas
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Total Actual Rent: 1160

Tax Info

  • New Taxes Expense: 2113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 19, 2022
Sold by
Sauceda Gwyneth
Bought by
Sauceda Edward J and Sauceda Gwyneth
Seller's Agent
Traci Gaddis
Blackrock Real Estate Services
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$163,000
Sold Price
$163,000
Current Estimated Value
$174,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,052
Avg. Annual Appreciation
2.15%
Original Mortgage
$114,100
Outstanding Balance
$108,445
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$65,607

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 10, 2022
Sold by
Niegos Devon R
Bought by
Sauceda Gwyneth
Seller's Agent
Traci Gaddis
Blackrock Real Estate Services
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$163,000
Sold Price
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,100
Outstanding Balance
$108,445
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$65,607

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jun 14, 2019
Sold by
Alexander Donald L
Bought by
Niegos Devon R
Seller's Agent
Chris Warter
Premier Properties of Michiana Inc.
Buyer's Agent
Paige Corbalis
Brick Built Real Estate
List Price
$74,000
Sold Price
$65,000
Premium/Discount to List
-$9,000
-12.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.89%
Original Mortgage
$48,750
Interest Rate
4%
Mortgage Type
New Conventional
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
Sauceda Edward J -- None Listed On Document
Sauceda Gwyneth -- Metropolitan Title
Niegos Devon R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sauceda Gwyneth $114,100
Previous Owner Niegos Devon R $48,750
Previous Owner Niegos Devon R $48,750
Previous Owner Alexander Donald L $24,125
Previous Owner Alexander Donald L $66,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $163,000 0.0% $91 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $163,000 +150.8% $91 / Sq Ft
06/19/2019 06/19/19 Sold $65,000 -12.2% $36 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $74,000 -- $41 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $2,692 $131,600 $15,800 $115,800
2023 $2,027 $114,300 $15,800 $98,500
2022 $2,027 $86,100 $6,700 $79,400
2021 $1,898 $80,200 $7,700 $72,500
2020 $2,113 $89,000 $8,500 $80,500
2019 $1,990 $83,400 $8,100 $75,300
2018 $2,347 $78,800 $7,700 $71,100
2017 $2,509 $78,100 $7,700 $70,400
2016 $2,338 $76,400 $7,700 $68,700
2014 $605 $75,300 $7,700 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 514211

Northwest Indiana Association of REALTORS®

APN: 71-09-16-483-001.000-023