NOT LISTED FOR SALE

1064 Van Buren St Gary, IN 46402

Midtown Neighborhood

Estimated Value: $41,000 - $82,000

2 Beds
2 Baths
2,478 Sq Ft
$24/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $43,000 $17 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $393/month

68 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Fenced

About This Home

As of January 2024

Calling all handyman investors!! This all brick a multi unit is ready for your creativity, has newer roof and windows. HVAC has been started. All building materials will stay with property for your project. Property has separate meters for utilities. Fixer upper! Call today to set up you showing. Potential for a total of 5 bedrooms total.

Last Listed By

Terri Asche

Weichert, Realtors-Moke Agency License #RB19001355 Listed on: 11/05/2023

Weichert, Realtors-Moke Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,968

Year Built

  • Built in 1924

Lot Details

  • 3,615 Sq Ft Lot
  • Lot Dimensions are 30 x 121
  • Fenced

Home Design

  • Brick Foundation

Interior Spaces

  • 2,478 Sq Ft Home
  • Elevator
  • Wood Flooring

Outdoor Features

  • Porch

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 450809205016000004

Community Details

Overview

  • 2 Units
  • Gary Land Companys 11 Subdivision

Building Details

  • New Taxes Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,968

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Co List Office Mls Id: NRA769
  • Subdivision Name: Gary Land Companys 11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Sump Pump
  • Flooring: Hardwood
  • Basement YN: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.083
  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 30 x 121
  • Lot Size Sq Ft: 3615
  • Parcel #: 450809205016000004

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2023
Closed on
Jan 24, 2024
Sold by
Petrocelli Nicholas
Bought by
Nc And Jl Llp
Seller's Agent
Terri Asche
Weichert, Realtors-Moke Agency
Buyer's Agent
Irma Silvas
Integrity Realty Partners
List Price
$55,000
Sold Price
$43,000
Premium/Discount to List
-$12,000
-21.82%
Total Days on Market
68
Views
197
Current Estimated Value
$60,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,124
Avg. Annual Appreciation
25.07%

Purchase Details

Closed on
Jul 25, 2023
Sold by
Pierce Wayne
Bought by
Petrocelli Nicholas

Purchase Details

Closed on
Feb 9, 2017
Sold by
Jones Marcus
Bought by
Pierce Wayne

Purchase Details

Closed on
Oct 2, 2015
Sold by
Collins Clifford
Bought by
Jones Marcus

Purchase Details

Closed on
May 24, 2006
Sold by
Ung Christopher S
Bought by
Collins Clifford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2006
Sold by
Miller Robert T
Bought by
Ung Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
Not Available
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
Nc And Jl Llp $43,000 Meridian Title
Petrocelli Nicholas $40,000 None Listed On Document
Pierce Wayne -- None Available
Jones Marcus $500 None Available
Collins Clifford -- The Talon Group
Ung Christopher S -- Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nc And Jl Llp $103,600
Previous Owner Collins Clifford $65,000
Previous Owner Ung Christopher S $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $43,000 -14.0% $17 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/22/2023 12/22/23 Price Changed $50,000 -9.1% $20 / Sq Ft
11/05/2023 11/05/23 For Sale $55,000 -- $22 / 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 $3,968 $45,900 $4,600 $41,300
2023 $1,135 $45,000 $4,600 $40,400
2022 $940 $36,700 $1,800 $34,900
2021 $863 $33,700 $1,800 $31,900
2020 $825 $32,200 $1,800 $30,400
2019 $822 $34,800 $1,800 $33,000
2018 $991 $43,900 $1,800 $42,100
2017 $1,026 $44,700 $1,800 $42,900
2016 $1,057 $46,800 $1,800 $45,000
2014 $1,172 $50,100 $2,100 $48,000
2013 $1,081 $48,100 $2,100 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 541298

Northwest Indiana Association of REALTORS®

APN: 45-08-09-205-016.000-004