NOT LISTED FOR SALE

Estimated Value: $221,000 - $385,219

2 Acres
$157,028 Price per Acre
87,120 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $215,000 $78 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,086/month

34 Days on Market

Highlights

  • 2 Acre Lot
  • Detached Garage
  • Community Deck or Porch
  • Homan Elementary School Rated A

About This Lot

As of August 2023

ATTN INVESTORS!! Perfect income opportunity on 2 acres in Lake Central School system! 3 total units available to rehab for significant positive cash flow. The main house is 2 units that has been converted to one large home with related living. Can easily be turned back into 2 units with 3 bedrooms & 1 bath upstairs, 2 bedrooms & 1 bath downstairs. Upstairs and downstairs both have kitchens & living room areas. There is an additional cottage home on property, studio with roughed in kitchen & full bathroom. Plus large detached 2 car garage. LOTS of potential here. Property is being sold as is. Needs work, bring your ideas!!

Last Agent to Sell the Property

Jenni Walker

Real Broker, LLC Brokerage Phone: 219-798-4619 License #RB18001905 Listed on: 07/28/2023

Real Broker, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,402

Year Built

  • Built in 1962

Lot Details

  • 2 Acre Lot

Home Design

  • 2,740 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Detached Garage
  • Side Driveway

Listing and Financial Details

  • Assessor Parcel Number 451111101011000032

Community Details

Overview

Amenities

  • Community Deck or Porch

Property Details

Property Type

Land

Est. Annual Taxes

$3,402

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Acreage, Deck/Patio, Laundry/Some Units
  • Co List Office Mls Id: GNR1949
  • Subdivision Name: None
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-798-4619
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 2

Garage/Parking

  • Parking Features: Detached, Side Drive

Schools

  • Junior High Dist: Lake Central

Lot Info

  • Lot Size Sq Ft: 87120
  • ResoLotSizeUnits: Acres
  • Parcel #: 451111101011000032
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Duong Ngoc Tram T and Duong Thuy T
Bought by
Duong Family Estates Llc
Current Estimated Value
$314,055

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 20, 2023
Sold by
Ardn Properties Llc
Bought by
Duong Ngoc Tram T and Duong Thuy T
Seller's Agent
Jenni Walker
Real Broker, LLC
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.20%

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 31, 2023
Sold by
Ardn Properties Llc
Bought by
Duong Ngoc Tram T and Duong Thuy T
Seller's Agent
Jenni Walker
Real Broker, LLC
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%
Views
4

Purchase Details

Closed on
Jun 30, 2023
Sold by
Blevins Jaime Lynn
Bought by
Ardn Properties Llc
Source: Public Records

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
Duong Family Estates Llc -- None Listed On Document
Duong Ngoc Tram T -- Chicago Title
Duong Ngoc Tram T -- Chicago Title
Duong Ngoc Tram T -- Chicago Title
Ardn Properties Llc $165,000 Chicago Title
Blevins Jaime Lynn $165,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duong Family Estates Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $215,000 -6.5% $78 / Sq Ft
07/28/2023 07/28/23 For Sale $229,900 -- $84 / 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 $5,129 $314,100 $150,000 $164,100
2023 $1,522 $310,600 $150,000 $160,600
2022 $2,280 $280,900 $150,000 $130,900
2021 $3,402 $230,900 $110,000 $120,900
2020 $3,073 $202,900 $56,000 $146,900
2019 $3,169 $187,900 $56,000 $131,900
2018 $2,667 $156,100 $52,300 $103,800
2017 $2,602 $162,600 $52,300 $110,300
2016 $2,535 $161,800 $52,300 $109,500
2014 $2,156 $146,400 $28,900 $117,500
2013 $2,097 $141,800 $28,900 $112,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR534340

Northwest Indiana Association of REALTORS®

APN: 45-11-11-101-011.000-032