NOT LISTED FOR SALE

1119-1121 Penny Ln Chesterton, IN 46304

Estimated Value: $234,000 - $287,000

5 Beds
2.5 Baths
1,948 Sq Ft
$134/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $148,000 $76 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,759/month

96 Days on Market

Highlights

  • Attached Garage
  • Westchester Intermediate School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2015

GREAT INCOME OPPORTUNITY! Two Homes for the Price of One! Recently updated all brick duplex. Unit 1119 boasts three bedrooms, 1 1/2 baths and an updated kitchen with stainless steel appliances and a two car garage. Unit 1121 has two bedrooms, one bath, newly remodeled kitchen and one car garage. Both units are MOVE IN READY! Great Location. Near I94 and Rt 49, the Southshore Train, the Dunes and Beach!

Last Agent to Sell the Property

Susie Jaskowiak

@properties/Christie's Intl RE License #RB15000468 Listed on: 08/26/2015

@properties/Christie's Intl RE

Last Buyer's Agent

Susie Jaskowiak

@properties/Christie's Intl RE License #RB15000468 Listed on: 08/26/2015

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 10,545 Sq Ft Lot
  • Lot Dimensions are 111 x 95

Home Design

  • Brick Foundation

Interior Spaces

  • 1,948 Sq Ft Home
  • Elevator
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Total Actual Rent $19,920
  • Assessor Parcel Number 640325351003000023

Community Details

Overview

  • 2 Units
  • Starhill Acres Subdivision

Building Details

  • New Taxes Expense $2,953
  • Net Operating Income $19,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1976
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA2082
  • Subdivision Name: Starhill Acres
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Crawl Space, Sump Pump
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.2421
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

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

Schools

  • Junior High Dist: Duneland School Corporation

Lot Info

  • Lot Dimensions: 111 x 95
  • Lot Size Sq Ft: 10545
  • Parcel #: 640325351003000023

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 19920

Tax Info

  • New Taxes Expense: 2953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Dec 31, 2015
Sold by
Baldwin Scott A
Bought by
Heuer Bryan C and Heuer Kylie L
Seller's Agent
Susie Jaskowiak
@properties/Christie's Intl RE
Buyer's Agent
Susie Jaskowiak
@properties/Christie's Intl RE
List Price
$148,000
Sold Price
$148,000
Current Estimated Value
$261,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,447
Avg. Annual Appreciation
5.86%
Original Mortgage
$145,319
Outstanding Balance
$116,659
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$144,788
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heuer Bryan C -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heuer Bryan C $145,319
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $148,000 0.0% $76 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $148,000 -- $76 / 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 $4,619 $206,400 $40,500 $165,900
2023 $2,176 $206,400 $40,500 $165,900
2022 $2,136 $153,000 $38,600 $114,400
2021 $2,171 $153,000 $38,600 $114,400
2020 $2,175 $153,000 $38,600 $114,400
2019 $2,203 $153,000 $38,600 $114,400
2018 $2,201 $213,000 $38,600 $174,400
2017 $2,678 $178,500 $38,600 $139,900
2016 $1,894 $133,000 $40,200 $92,800
2014 $2,993 $133,000 $40,200 $92,800
2013 -- $166,400 $39,600 $126,800
Source: Public Records

Agents Affiliated with this Home

  • Susie Jaskowiak

    Seller's Agent in 2015

    Susie Jaskowiak

    @properties/Christie's Intl RE

    (219) 508-6690

    2 in this area

    125 Total Sales

    Susie Jaskowiak
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 379124

Northwest Indiana Association of REALTORS®

APN: 64-03-25-351-003.000-023

Indiana Porter County Chesterton 46304

1119-1121 Penny Ln, Chesterton, IN

Not Listed for Sale

MultiFamily

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