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16470 Petro Dr, Mishawaka, IN, 46544

4beds
4baths
2,885sqft
$434,900
$151price/sqft
$3,372/moest. monthly cost
$134,880/yrincome needed

About This Home

Stunning New Construction in Penn-Harris-Madison School District! Welcome to this beautifully designed new construction home located in the highly sought after Penn-Harris-Madison School District. Thoughtfully crafted with modern finishes and functional spaces, this home checks all the boxes for comfort, style, and convenience. The beautiful stamped concrete driveway welcomes you to front entry. Step into the light and bright kitchen featuring soft-close cabinet drawers, a stainless steel appliance package, and elegant quartz countertops, perfect for both everyday living and entertaining. The kitchen flows effortlessly into the spacious living room, where you'll find durable waterproof LVP flooring and a cozy electric fireplace to enjoy year round. The primary suite offers a relaxing retreat with a double vanity, glass tile shower with a sleek glass door, and a walk-in closet complete with washer/dryer hookups deal for an all-in-one laundry unit for added convenience. The two additional bedrooms and full bath are off the living area for a split bedroom layout. An open staircase leads to the finished basement, boasting a large family room, additional bedroom, and full bath, along with an additional laundry area and some utility room space for storage. Additional highlights include: Mudroom and half bath conveniently located off the attached 2 stall garage Dining area with sliding glass door opening to the patio and large backyard, perfect for outdoor gatherings or relaxing evenings Don’t miss this opportunity to own a brand new home with high-end finishes in a top-tier school district. Schedule your showing today!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

7/10
6/10
10/10
Penn High SchoolGrades 9-125.1 mi

Construction

Condition

  • Year built: 2025

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Partially Finished

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 3

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 1,207
  • Finished area above ground: 1,678

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,885
  • Total interior livable area: 2,885 sqft

Property

Details

  • Parcel number: 710928202007.000031

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.54 Acres
  • Features: Irregular Lot
  • Lot size dimensions: 100X235

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,199$26,388
Home Insurance *$263$3,156
Property Taxes $646$7,752
Electricity $264$3,173
Total$3,372$40,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,611/yr
40% on housing$101,160/yr
45% on housing$89,920/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 46544$107
St. Joseph County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 46544$137
St. Joseph County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Price change$459,900
2026-03-09Price change$469,900
2026-02-04Price change$479,900
2025-12-04Price change$494,900
2025-10-02Listed for sale$499,900
2024-02-20Sold$40,500
2024-01-03Pending sale$34,999
2024-01-03Listed for sale$34,999
2023-12-27Listing removed$34,999
2023-12-20Listed for sale$34,999

For Sale by Agent

AgentJen Arizmendi
BrokerageAddresses Unlimited, LLC

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