Rarely does a property this close to the Riverwalk come with this much untapped equity. This 3 bedroom, 1.5 bath 1925 built home on a park-median street between Merrifield and Central Parks is a value-add opportunity for investors and a blank canvas for buyers who want to build sweat equity into their dream home. The bones tell the story: original woodwork, an arched doorway, wood floors, a fireplace, and a sunroom give this 1,152-square-foot home genuine character that's hard to find in new construction. A full unfinished basement (576 sq ft), detached 18x20 garage, and two of three bedrooms with balcony access add real upside for future finishing or expansion. Location does the heavy lifting ? steps to the river and boat launches, minutes to downtown Mishawaka's dining and nightlife, and close to Mishawaka High School. Recent sales on this block have landed in the $200s, with one larger updated home topping $300K, pointing to solid upside for a well-executed renovation. This one needs real work ? expect roofing, HVAC, and repairs beyond cosmetic ? and is sold strictly as-is, no repairs by seller. Investors and visionaries ready to restore a classic in a premium location: this is your move.
Listed By
Broker Name: Realst8.com LLC
Agent Name: Nicholas Molnar
Broker Phone: 574-217-4770
Shown By
Broker Title: Cressy & Everett Real Estate
Broker Phone:
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Estimated Payment
$ 806.10 per month $618.97 Principal & Interest $150.67 Property Tax $36.46 Homeowner's InsuranceSend an email with a link to
437 Park Avenue, Mishawaka, IN 46545.
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