OLO Mishawaka Real Estate Auction - Min. Bid $99,900

Online Only

Real Estate Auction

Bidding Begins to Close October 9 @ 6:00pm EDT

Located at 549 Lincoln Way West Mishawaka, IN. 

Here is your opportunity to buy a historic home in the heart of Mishawaka. Built in 1880 this three-story home features 5,344 square feet of finished space and a 1913 square foot basement. The home has 7 bedrooms, 6 baths and 2 fireplaces. This home features all the original woodworking including a grand staircase and entry doors. Detached from the home is a 3 bay 28' x 20' garage. The home sets on a 0.28 acre corner lot. This home most recently has been used as a multi-purpose investment property with a commercial office on the main level and the upper levels rented as apartments. The new owner of this property will be able to restore the property to it's original glory of a mansion in downtown Mishawaka or continue to use it for mixed commercial use, the possibilities are endless with this property. Taxes 2024 Pay 2025: $7,403.70 (taxed at 3% commercial rate). 

Minimum Opening Bid: $99,900.00

"Sells to the highest bidder at or above the opening bid!"

Open House: September 27th 11am-1pm. Can't make it? Call for a private showing. 

Owner: James and Karen Burke

General Terms: $10,000 non-refundable down payment due within 24 hours of auction closing, sold as-is, closing in 30 days, possession at closing, trustee deed, taxes pro-rated and final to day of closing, published minimum bid $99,900, and subject to a 10% buyer's premium. Buyer's may obtain financing, but sale is not contingent on financing. Buyer broker participation is welcome.

Kraft Real Estate Auctions, LLC - AC31900011

Col. Conrad Kraft- AU01023657

Jonathan Kraft – AU10500173

Managing Broker: Jay Mayden

219-973-9240 ~ Info@KraftAuctions.com

KraftAuctions.com