Listing courtesy of Nicholas Molnar from Realst8.com LLC.
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.
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 