Investor opportunity in Penn Schools! This 3-bedroom, 2-bath home is situated on a valuable 1+ acre lot on Dragoon Trail, just south of Mishawaka. Features include a living room with a fireplace, large family room, main floor laundry, a detached 1-car garage. and a convenient circular driveway. The property is in need of significant repairs and has extensive termite damage. Great potential for renovation, or land investment. Buyer should be aware that the City of Mishawaka will require connection to city water and sewer upon transfer. Property is being sold as-is. Square footage and measurements are approximate. Buyer to verify school assignments.
Active
Price cut: $10K (7/31)
$125,000
516 E Dragoon Trl, Mishawaka, IN 46544
3beds
1,504sqft
Single Family Residence
Built in 1950
1.14 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Convenient circular drivewayMain floor laundryLarge family room
- 80 days
- 3,096
- 132
Zillow last checked:
Listing updated:
Listed by:
Steve Weldy 574-286-3210,
Weichert Rltrs-J.Dunfee&Assoc.
Source: IRMLS,MLS#: 202623404
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Family room
- Level: Main
- Area: 405
- Dimensions: 27 x 15
Kitchen
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Living room
- Level: Main
- Area: 264
- Dimensions: 22 x 12
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Laundry: Main Level
Features
- Eat-in Kitchen
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room, One
Interior area
- Total structure area: 1,504
- Total interior livable area: 1,504 sqft
- Finished area above ground: 1,504
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached, Circular Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 1.14 Acres
- Features: Few Trees, Sloped, 0-2.9999, City/Town/Suburb
Details
- Parcel number: 710922301004.000022
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Cedar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Mishawaka Utility
- Gas: NIPSCO
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Mishawaka
Financial & listing details
- Tax assessed value: $175,200
- Annual tax amount: $1,581
- Date on market: 6/15/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $125,000-7.4% |
Source: | ||
| 7/18/2026 | Listed for sale | $135,000 |
Source: | ||
| 6/26/2026 | Pending sale | $135,000 |
Source: | ||
| 6/15/2026 | Listed for sale | $135,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,576 +0.1% | $175,200 +11.5% |
| 2024 | $1,575 -1.1% | $157,200 +0.3% |
| 2023 | $1,593 +64.2% | $156,700 -0.4% |
| 2022 | $970 +29.9% | $157,300 +68.1% |
| 2021 | $747 -0.8% | $93,600 +18.6% |
| 2020 | $753 +8.4% | $78,900 |
| 2019 | $695 -3.6% | $78,900 -0.5% |
| 2018 | $721 +20.5% | $79,300 +2.6% |
| 2017 | $598 +0% | $77,300 +15% |
| 2016 | $598 +26.2% | $67,200 +28.2% |
| 2014 | $474 +22.1% | $52,400 |
| 2013 | $388 +4.3% | $52,400 +0.2% |
| 2012 | $372 -16.3% | $52,300 -16.3% |
| 2011 | $445 +10.5% | $62,500 |
| 2010 | $402 +3.8% | $62,500 |
| 2009 | $388 | $62,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46544
Nearby schools
Schools provided by the listing agent
- Elementary: Meadows Edge
- Middle: Grissom
- High: Penn
- District: Penn-Harris-Madison School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





