NOT LISTED FOR SALE

1001-1003 S 5th St Chesterton, IN 46304

Estimated Value: $318,000 - $367,217

4 Beds
3.5 Baths
1,901 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $185,000 $97 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,608/month

87 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Fenced
  • Bailly Elementary School Rated A-

About This Home

As of November 2013

DUPLEX WITH CHARACTER. Built in 1990. From the exterior, you'd never guess this has 2 units. THe owner side is a ranch style and the rental side is a 2-story. Handsome ceder and brick exterior. Both sides complete with appliances, washer and dryer. Attached 2 car garage and a full basement. In the basement you will see there is a 3/4 bath, kitchen area with refrigerator and gas fireplace. Bring your finishing touches. Perfect area for a recreation room and storage. Currently on a month to month lease. There is a blacktop parking area for 2 cars for the tenants. New exterior doors, new separate furnaces, AC, and new hot water heaters. Units have seperate meters. Nice circular driveway, and a large yard that features a pretty storage shed and a smaller shed. There is privacy here with a new lifetime guaranteed Slimtex fence. Gorgeous. This is a rare find for someone who wants a small ranch and has the other side to pay most of the mortgage! In town, close to stores.

Last Agent to Sell the Property

Olga Petryszyn

McColly Real Estate License #RB14014058 Listed on: 07/17/2013

McColly Real Estate

Last Buyer's Agent

Olga Petryszyn

McColly Real Estate License #RB14014058 Listed on: 07/17/2013

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,496

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 80 x 187
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 1,901 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Dishwasher
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $8,100
  • Assessor Parcel Number 10000145296

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $1,731
  • Maintenance Expense $1,100
  • New Taxes Expense $1,806
  • Net Operating Income $3,243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,496

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1990
  • Road Surface Type: Asphalt
  • Income And Expenses Maintenance Expense: 1100
  • Co List Office Mls Id: NRA233
  • Subdivision Name: None
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement: Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Fenced
  • Acres: 0.34
  • Construction Type: Brick, Cedar

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Central Air, Unit Control
  • Heating: Forced Air, Natural Gas, Unit Control
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None

Schools

  • Junior High Dist: Duneland School Corporation

Lot Info

  • Lot Dimensions: 80 x 187
  • Lot Size Sq Ft: 14810
  • ResoLotSizeUnits: Acres
  • Parcel #: 10000145296
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Pets Allowed: Yes
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1731
  • Total Actual Rent: 8100

Tax Info

  • New Taxes Expense: 1806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Capehart Robert J and Capehart Sharon L
Bought by
Hudec Joseph Michael and Hudec Diane Elizabeth
Total Days on Market
87
Current Estimated Value
$338,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,779
Outstanding Balance
$205,020
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$133,534

Purchase Details

Listed on
Jul 17, 2013
Closed on
Nov 15, 2013
Sold by
Minihan Thomas and Minihan Evelyn
Bought by
Capehart Robert J and Capehart Sharon L
Seller's Agent
Olga Petryszyn
McColly Real Estate
Buyer's Agent
Olga Petryszyn
McColly Real Estate
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$138,750
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hudec Joseph Michael $233,000 Community Title Company
Capehart Robert J -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudec Joseph Michael $228,779
Previous Owner Capehart Robert J $138,750
Previous Owner Minihan Evelyn $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $185,000 0.0% $97 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $185,000 -- $97 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,496 $196,100 $53,400 $142,700
2023 $3,736 $381,000 $49,300 $331,700
2022 $3,696 $166,500 $32,200 $134,300
2021 $3,736 $166,500 $32,200 $134,300
2020 $2,452 $166,500 $32,200 $134,300
2019 $3,730 $166,500 $32,200 $134,300
2018 $3,730 $166,500 $32,200 $134,300
2017 $3,730 $166,500 $32,200 $134,300
2016 $3,730 $166,500 $32,200 $134,300
2014 $5,204 $232,600 $45,200 $187,400
2013 -- $166,900 $45,400 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 332941

Northwest Indiana Association of REALTORS®

APN: 64-06-01-401-001.000-023