222 E. Marion Street, Mishawaka IN 46545

222 E. Marion Street, Mishawaka, IN 46545

House - Mishawaka IN

 Sale Price: $59,900.00 – well undervalued in an area where similar homes are selling for $90,000 to $110,000. Mainly cosmetic remodeling needed (the interior pictures above are from a prior listing); paint, carpet, some flooring, and any other things you want to do to make this home suit your taste and your needs. Home is available as is at this greatly reduced price and monthly payment if you are willing and able to do the work, manage the work or hire it done. A great opportunity for you to gain a lot of equity in a home. Easy Qualifying, Low Down-Payment programs available. Act now, as this home is remodeled this price and these terms will no longer be available, and they will reflect the market value of just over $100,000, $950-$1000 per month, and a larger down payment will be required as we progress with the remodeling. Set up your walkthrough of the interior as soon as possible, this is an opportunity that won’t be available for long!

Terms: Lease/Option (Rent to Own) – $2000 to $4000 down and $665.00 per month (includes taxes & insurance). Down payment assistance programs are available if you do not have the full $4000 down payment at this time. Your upfront down payment could be as low as $3000 down, $2500 down, or even as low as $2000 down. You will also build nice equity in this home with our 50% rent credit toward the purchase of this home in the first year…half of your $665.00 monthly payment ($332.50 per month) is credited toward purchasing this home on our rent to own program.  After one year, the monthly rent credit is $150 per month.  This is a great way to save for a down payment toward carrying out the purchase of this home to be used at a later date when applying for a mortgage loan to refinance out of the rent to own program.  You may take as long as you need to get in a position to qualify for a standard or FHA mortgage, no pressure, no deadlines, no balloon payments. 

Home Information: 2 story home located in a good, quiet neighborhood on Mishawaka’s Northside and available at a very affordable price. The home has 3 bedrooms, a storage shed, a nice sized living room, a nice kitchen with wood laminate flooring, a stove and refrigerator, 2 full bathrooms, one on the main level and one upstairs, a main floor laundry room, Pella vinyl replacement windows, vinyl siding, a high-efficiency gas furnace, central air, gas hot water heater, a basement, a very large fenced in rear yard. This is a great family home. With a little cosmetic work, it could be a very nice home again, and it is located in a good neighborhood, close to schools and shopping.  

If inquiring about Lease/Option (Rent to Own) the following programs are available. Lease to Own with $4000 down and monthly payments of $665 per month including taxes and insurance. Down payment assistance programs are available for lease to own/rent to own buyers that are otherwise qualified but who may be short the standard down payment of $4000. You may qualify to put down less ($2000, $2500, $3000, etc.) up front and make small payments of $50, $75, or $100 on the balance of the down payment each month until the $4000 down required is met or you may use your tax refund that may be available in the coming months. For more details, email sdk@sdkfinancial.com, call 574-674-0828, or contact us through this website. 

Land Contract also available for qualified buyers only with $12000 down and monthly payments of $575 per month.