NOT LISTED FOR SALE

Estimated Value: $42,000 - $197,000

9 Beds
3 Baths
1,540 Sq Ft
$75/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $5,500 $4 Per Sq Ft

Est. 1,996% increase in value since last sale

Current estimated payment $840/month

99 Days on Market

About This Home

As of January 2023

Attention Investors - Presenting - Brick 2 or 3 unit apartment building with basement in need of TLC. Rehab property with tremendous upside. Priced to sell while allowing you to add value with repairs/updating. Flip opportunity or positive cash flow potential once rehabbed.Property has completed the tax certification process through Meridian Title allowing the right investor with cash to have a quick, easy closing.This property is one of 49 listings that may be also be subdivided and packaged for a portfolio purchase depending on the investors preferences. Please contact a Realtor for information on how to subdivide/assemble package.

Last Listed By

Dennis Nichols

Weichert, Realtors-Moke Agency License #RB20001421 Listed on: 09/20/2022

Weichert, Realtors-Moke Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,006 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 1,540 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Gary Land Companys 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450809129020000004

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Co List Office Mls Id: GNR769
  • Subdivision Name: Gary Land Companys 11
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 9

Exterior Features

  • Acres: 0.069

Garage/Parking

  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 3006
  • Parcel #: 450809129020000004

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 489

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Jan 24, 2023
Sold by
Afarlan Diran
Bought by
Henry Monica M
Seller's Agent
Dennis Nichols
Weichert, Realtors-Moke Agency
Buyer's Agent
Joe Moke
Weichert, Realtors-Moke Agency
List Price
$5,500
Sold Price
$5,500
Total Days on Market
99
Current Estimated Value
$115,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,774
Avg. Annual Appreciation
231.66%

Purchase Details

Closed on
Oct 7, 2021
Sold by
Auditor Of Lake County
Bought by
Watson Willie James

Purchase Details

Closed on
Jun 23, 2008
Sold by
Payton Willie Albert and Watson Willie James
Bought by
Watson Willie James

Purchase Details

Closed on
May 21, 2005
Sold by
Young Darlene Hughes
Bought by
Watson Willie James

Purchase Details

Closed on
May 13, 2005
Sold by
Enriquez Shawn Lee
Bought by
Young Darlene Hughes

Purchase Details

Closed on
Oct 22, 2004
Sold by
Couch Kenneth E
Bought by
Enriquez Shawn Lee

Purchase Details

Closed on
Aug 4, 2003
Sold by
Hughes Lawrence and Hughes Minnie L
Bought by
Enriquez Shawn Lee and Couch Kenneth E

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
Henry Monica M $5,500 --
Watson Willie James $1,300 None Listed On Document
Watson Willie James -- None Available
Watson Willie James -- --
Young Darlene Hughes -- --
Enriquez Shawn Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payton Willie Albert $37,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $5,500 0.0% $4 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $5,500 -- $4 / 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 $2,372 $27,400 $4,000 $23,400
2023 $553 $26,900 $4,300 $22,600
2022 $553 $21,600 $1,600 $20,000
2021 $512 $20,000 $1,600 $18,400
2020 $489 $19,100 $1,600 $17,500
2019 $1,336 $20,600 $1,600 $19,000
2018 $1,321 $25,800 $1,600 $24,200
2017 $564 $26,100 $1,600 $24,500
2016 $582 $27,300 $1,600 $25,700
2014 $1,142 $48,800 $2,000 $46,800
2013 $1,054 $46,900 $2,000 $44,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR519874

Northwest Indiana Association of REALTORS®

APN: 45-08-09-129-020.000-004