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509 Lawrence St

Mishawaka, IN 46545

4 bd 2 ba 1,840 sqft Built 1880 Lot 8,712 sqft multi_family
Most recent sale
$147,500
Jan 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 27, 2023 Sold $147,500 IRMLS
Nov 30, 2020 Sold $109,900 IRMLS
Oct 18, 2020 Listed $109,900 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $89,700 $34,800 $124,500 $1,755
2021 $87,500 $19,900 $107,400 $1,208
2020 $62,300 $17,600 $79,900 $747
2018 $59,000 $14,200 $73,200 $542
2017 $47,300 $14,200 $61,500 $538
2016 $47,300 $14,200 $61,500 $512
2015 $46,700 $14,200 $60,900 $481
2013 $67,000 $14,200 $81,200 $969
2012 $54,400 $11,500 $65,900 $748
2011 $57,400 $13,600 $71,000 $801
2010 $63,700 $13,600 $77,300 $711
2009 $63,700 $13,600 $77,300 $665

Property facts

Year built
1880
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,840 sqft
Lot size
8,712 sqft
ZIP code
46545
City
Mishawaka
Street
Lawrence St
Coordinates
41.66787, -86.17518

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$885
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Lawrence St last sell?
509 Lawrence St most recently sold on Jan 27, 2023 for $147,500.
What is the current tax assessment for 509 Lawrence St?
The most recent total assessment for 509 Lawrence St (year 2022) is $124,500 with $1,755 in property tax.
How does 509 Lawrence St's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $147,500.
When was 509 Lawrence St built?
509 Lawrence St was built in 1880.
How does 509 Lawrence St compare to others on Lawrence St?
We track 8 other properties on Lawrence St. Browse the list under "Other properties on Lawrence St" to compare beds, baths, and sale history.
What are the property facts for 509 Lawrence St?
509 Lawrence St is a 4 bed, 2 bath, 1,840 sqft, 8,712 sqft lot multi_family.
Is 509 Lawrence St a flip candidate?
No — 509 Lawrence St does not appear in our flips dataset.
Is 509 Lawrence St a tax-appeal candidate?
No — 509 Lawrence St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.9%
Implied 1-yr
-7.6%
2026 Q2
$212.3K
2026 Q3
$212.3K
ZIP 46545 — Median Price History + Forecast

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