437 Park Ave, Mishawaka, IN 46545

$125,000
3
BD
2
BA
1,152
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Nicholas Molnar from Realst8.com LLC.

List Price
$125,000
Status
CLOSED
MLS#
202626780
Closing Date
Jul 30, 2026
Bedrooms
3
Total # Full Baths
1
Total # Half Baths
1
Year Built
1925

Property Description

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.

Additional Information

County
St. Joseph
Township
Penn
School District
School City of Mishawaka
Basement/Foundation
Full
Garage
Yes
Garage/# of Cars
1
Acres
0.14
Water
City
Sewer
Public Sewer
Heating
Natural Gas, Forced Air
Cooling
Central Air
Taxes
$1,808
High School
Mishawaka
Middle School
John Young
Elementary School
Battell
Property SubType
Residential

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks