NOT LISTED FOR SALE

1007 Washington St Michigan City, IN 46360

Estimated Value: $73,000 - $112,000

5 Beds
5 Baths
1,586 Sq Ft
$55/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $180,000 $113 Per Sq Ft

Current estimated payment $620/month

47 Days on Market

About This Home

As of October 2020

2 properties to be sold together. 1005 Washington is a 2 story Brick building with 4 - 1 bedroom units. This building has basement. Second property 1007 Washington is a 1 story Coach House Studio unit 1 bedroom at the rear of the big parking lot to the side of the larger building. Tenants pay Gas & Electric for their unit. Owners pays for common area Electric & Water. Washer & dryer hookups in basement of 1005 property, but not used at this time. Great investment opportunity. All unites currently occupied. 4 units are approx 790 sq ft, studio is approx 640 sq ft. All measurements are to be verified by Buyer.Rents: 1 at $450, 2 at $500,, 1 at $675, 1 at $700. To be Sold As Is.

Last Agent to Sell the Property

Nina Pierce

Nina Pierce, Broker License #RB14045402 Listed on: 08/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1803

Lot Details

  • 3,564

Home Design

  • 1,586 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Additional Features

  • Handicap Accessible
  • 3,564 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 460129461009000022

Community Details

Overview

  • 5 Units
  • Land Companys Surv Subdivision

Amenities

  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1803

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1803
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Barrier Fee Access, Porch
  • Co List Office Mls Id: GNR1451
  • Subdivision Name: Land Companys Surv
  • GNR_TotalBathrooms: 5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.0818

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: Off Street

Lot Info

  • Lot Size Sq Ft: 3564
  • Parcel #: 460129461009000022

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 29, 2020
Sold by
Washington Estate Llc
Bought by
Bellak Jill and Haake Sabrina
Seller's Agent
Nina Pierce
Nina Pierce, Broker
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$89,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,979
Avg. Annual Appreciation
-12.71%

Purchase Details

Closed on
Mar 29, 2019
Sold by
Greene Sean E and Greene Elizabeth A
Bought by
Ace Nwi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2019
Sold by
Ace Nwi Llc
Bought by
Washington Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bellak Jill -- None Available
Ace Nwi Llc -- None Available
Washington Estate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Washington Estate Llc $9,000
Previous Owner Washington Estate Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $180,000 0.0% $113 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $180,000 -- $113 / 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 $1,552 $49,600 $8,900 $40,700
2022 $816 $40,800 $8,900 $31,900
2021 $690 $34,500 $8,000 $26,500
2020 $690 $34,500 $8,500 $26,000
2019 $692 $32,200 $8,900 $23,300
2018 $668 $31,000 $8,900 $22,100
2017 $366 $15,900 $4,000 $11,900
2016 $374 $16,300 $4,000 $12,300
2014 $382 $19,100 $4,000 $15,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR480058

Northwest Indiana Association of REALTORS®

APN: 46-01-29-461-010.000-022