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505 East Colfax Avenue

505 East Colfax Avenue, Mishawaka, IN 46545
Property in Penn
Sold Oct 29, 2018
$70,000
$56,000 by Teachers Cu
Mortgage
Sold Dec 23, 2009
$89,000
$80,400 by Everett L Holt Etux
Mortgage Due Jan 01, 2013
505 East Colfax Avenue in Mishawaka, IN was first built in 1976 and is 48 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 505 East Colfax Avenue has 1,008 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 810 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 9,720 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 576 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Oct 11, 2018 for $70,000. That's $30.38 per sqft. Prior to that sales transaction, the property was also sold in Dec 18, 2009 for $89,000. 505 East Colfax Avenue was last assessed in 2023. The total value of the property was assessed at $108,700. Specifically, the land the property is located on was valued at $37,000. While improvements on the property were assessed at a total of $71,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,096. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,008
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,720
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 810
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOCUST STREET COLEMANS 2ND ADD
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: W 20.5 LOT 19 ALL VAC LOCUST STREET COLEMANS 2ND ADD

Ownership

  • Current Owner : BUNKELMAN SCOTT F
  • Current Owner 2: BUNKELMAN DAWN M
  • Previous Owner : HOLT EVERETT L
  • Previous Owner 2: HOLT BETTY MAE
  • Owner Before Previous Owner: HOLT EVERETT L
  • Owner Before Previous Owner 2: HOLT BETTY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mishawaka School City
  • Census Tract: 010700

Geography

  • Assessors Map Reference: 5247-E6
  • District: 0010
  • Parcel: 71-09-10-110-005.000-023
  • Lot: 19
  • Municipality: PENN TOWNSHIP
  • Latitude: 41.6778
  • Longitude: -86.1758

    Address

  • Full Address: 505 E Colfax Ave
  • Address - House Number: 505
  • Street Direction: E
  • Address - Street Name: Colfax
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Mishawaka
  • Carrier Code: C037
  • 4-Digit Zip Code: 6230
  • Zip Code: 46545

Valuation

    Tax

  • Total Area: 2,016
  • Tax Year: 2022
  • Tax Amount: $1,096
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.2753
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 151,227
  • High Value: 192,867
  • Low Value: 109,588

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $76,000
  • First Open Lien Mortgage Lender: TEACHERS CU
  • First Open Lien Mortgage Recording Date: Oct 29, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $56,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: TEACHERS CU
  • Second Open Lien Mortgage Recording Date: May 31, 2019
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 155
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 24, 2032

    Market Valuation

  • Market Total Value: $108,700
  • Market Land Value: $37,000
  • Market Improvement Value: $71,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,700
  • Assessed Land Value: $37,000
  • Assessed Improvements Value: $71,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2018
  • Current Sale Recording Date: Oct 29, 2018
  • Current Sale Transaction ID: 11529473057
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1827896
  • Previous Sale Recording Date: Dec 23, 2009
  • Previous Sale Contract Date: Dec 18, 2009
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Land Contract

    Last Sale Mortgage

  • First Mortgage Lender: TEACHERS CU
  • First Mortgage Transaction Date: Oct 29, 2018
  • First Mortgage Loan Amount: $56,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT L HOLT ETUX
  • Previous Mortgage Transaction Date: Dec 23, 2009
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $80,400
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Jan 01, 2013

About Mishawaka



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Frequently Asked Questions

What neighborhood is 505 East Colfax Avenue located in?
The 505 East Colfax Avenue is a located in the neighborhood of Penn in Mishawaka, Mishawaka.
What is the average sales price for listings in 505 East Colfax Avenue?
The average sales price for units in 505 East Colfax Avenue is $0 currently.

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