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$575,000
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Property Description
Great development opportunity on heavily traveled Lincolnway East (16,800 cars daily) with over 300 ft of frontage. Zoned County I: Industrial, the property is a prime parcel for industrial or commercial development of various sorts. City water is at the site and city sewer is across the street as well as 2 parcels to the East and 3 parcels to the West. To access the city utilities, the city of Mishawaka will require annexation of the property into the city. Property currently has a car lot building in front and 3 industrial buildings in the back. One building is in rough shape and the other 2 are in decent shape and usable. Excellent proximity, only 1.5 miles from the corner of Lincolnway E and IN-331/Capital Ave., 3.5 miles to Downtown Mishawaka, 4 miles to US 20 Bypass.
Full Property Details
Full Property Details for 12340 E Lincoln Way
General
- Price: $575,000
- Taxes: $4,689 (2026)
- Status: Active
- Type: Lots/Land
- Source: Indiana_Regional_MLS
- MLS ID: 202604237
- Updated: 2/11/2026
- Added to Site: 52 day(s) ago
Location
- Subdivision: 305x551
- Driving Directions: On Lincolnway E, between Bittersweet Rd. and Cedar Rd., right before entering Osceola
School Information
- Elementary School: Penn-Harris-Madison School Corp.
- Middle School: Schmucker
- High School: Penn
Lot Features
- Lot Size (Acres): 3.6
- Lot Size (Sq. Ft.): 156,816
- Frontage Feet: 305
- Street/Road Desc.: Paved
- Zoning: Tax Code 14-Penn
Financial Considerations
- Price Per Acre: $159,722.22
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $4,689.62
- Tax Year: 2026
Listed by Coldwell Banker Real Estate Group, John Piraccini
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Schools
Schools serving 12340 E Lincoln Way
School District:Penn-Harris-Madison School Corporation
| Name | Grades | Distance |
|---|---|---|
Elm Road Elementary School 59400 Elm Road, Mishawaka, IN 46544 | K-5 | 2.7 mi |
Virgil I Grissom Middle School, Mishawaka, IN 13881 Kern Road, Mishawaka, IN 46544 | 6-8 | 4 mi |
Penn High School 56100 Bittersweet Road, Mishawaka, IN 46545 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12340 E Lincoln Way
Date
Details
Price
Change
Source
2/11/2026
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12340 E Lincoln Way
12340 E Lincoln Way, Mishawaka, IN 46544 (MLS# 202604237) is a Lots/Land property with a lot size of 3.6 acres. 12340 E Lincoln Way is currently listed for $575,000 and was received on February 11, 2026. Want to learn more about 12340 E Lincoln Way? Do you have questions about finding other Lots/Land real estate for sale in Mishawaka? You can browse all Mishawaka real estate or contact a Coldwell Banker agent to request more information.

