NOT LISTED FOR SALE

102-104 S 16th St Chesterton, IN 46304

Estimated Value: $300,000 - $342,000

6 Beds
4 Baths
2,200 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $250,000 $114 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,179/month

13 Days on Market

Highlights

  • Deck
  • Patio
  • Carpet
  • Bailly Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of January 2020

COMPLETELY REMODELED, inside and out! Great investment opportunity with this incredible duplex. Fantastic location in the heart of Chesterton! Close to schools, shopping, and all major highways. So much new it's hard to list it all! New siding, windows, roof and gutters! New landscaping! Exterior storage sheds on each patio newly painted! Let's go inside now! ALL new doors, trim, flooring, paint, light fixtures, bathrooms, kitchen cabinets and quartz countertops and that's not all. All new Whirlpool Appliances, refrigerator, dishwasher, microwave hood, and stove, brand new Maytag washer / dryer. Each unit has 3 bedrooms, 1.5bathrooms, large living room, and eat-in kitchen. New furnace and A/C for each unit in 2018 and new HWH on 104 side in 2019. Each unit has a patio and shed for extra storage. Last rents collected prior to the complete renovation were $875/per side.

Last Agent to Sell the Property

Bart Vickrey

Listing Leaders License #RB14033547 Listed on: 12/04/2019

Listing Leaders

Last Buyer's Agent

Kathryn Wells

BHHS Executive Group RE License #RB14050464

BHHS Executive Group RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,790

Year Built

  • Built in 1994

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 80x75

Interior Spaces

  • 2,200 Sq Ft Home
  • Elevator
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Total Actual Rent $21,000
  • Tenant pays for electricity, gas, water

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $886
  • New Taxes Expense $2,845

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,790

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1994
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: none
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Builder

Exterior Features

  • Acres: 0.1377
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Lot Dimensions: 80x75
  • Lot Size Sq Ft: 6000

Rental Info

  • Tenant Pays: Electricity, Gas, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 886
  • Total Actual Rent: 21000

Tax Info

  • New Taxes Expense: 2845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 6, 2020
Sold by
Vicrey Bart V
Bought by
Landry Howard J
Seller's Agent
Bart Vickrey
Listing Leaders
Buyer's Agent
Kathryn Wells
BHHS Executive Group RE
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$319,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,829
Avg. Annual Appreciation
3.41%
Original Mortgage
$187,500
Outstanding Balance
$167,774
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$135,188

Purchase Details

Closed on
Aug 23, 2006
Sold by
Abraham Roger W
Bought by
Vickrey Bart V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Landry Howard J $250,000 Liberty Title & Escrow
Vickrey Bart V -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landry Howard J $187,500
Previous Owner Vickrey Bart V $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $250,000 0.0% $114 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $250,000 -- $114 / 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 $5,790 $285,400 $32,200 $253,200
2023 $5,257 $259,100 $28,700 $230,400
2022 $5,257 $234,900 $28,700 $206,200
2021 $5,042 $225,000 $28,700 $196,300
2020 $5,178 $231,100 $27,500 $203,600
2019 $2,846 $126,000 $29,000 $97,000
2018 $2,846 $126,000 $29,000 $97,000
2017 $2,844 $126,000 $29,000 $97,000
2016 $2,841 $126,000 $29,000 $97,000
2014 $2,846 $126,000 $29,000 $97,000
2013 -- $126,000 $29,000 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 466923

Northwest Indiana Association of REALTORS®

APN: 64-03-35-410-001.000-023