NOT LISTED FOR SALE

Estimated Value: $305,210 - $365,000

4 Beds
2 Baths
2,096 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $340,000 $162 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,166/month

1 Day on Market

Highlights

  • Deck
  • No HOA
  • Laundry Room
  • View of Meadow
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of September 2024

This versatile bi-level duplex offers endless possibilities for investors or homeowners looking to offset their mortgage with rental income! Each side features 1,048 square feet of living space, including a bright and spacious living room and an eat-in kitchen on the main level, complete with all appliances. A new kitchen window has been ordered and will be installed soon. Upstairs, you'll find 2 bedrooms and a full bathroom, providing a comfortable retreat. The lower level leads to the laundry room and a 1-car attached garage, which includes a new garage door opener. The duplex also features updated electrical systems and a brand-new sump pump for added peace of mind. Unit A only comes with a washer and dryer. Enjoy the privacy and tranquility of a large backyard with green space behind and no neighbors in sight--perfect for outdoor activities, entertaining, or simply relaxing in your own oasis. The home is on a private well with a new well tank ensuring no water bill--a fantastic perk for cost-conscious buyers!Located just minutes from Route 41, this duplex provides easy access to shopping, dining, and Cedar Lake for fun-filled days on the water. Whether you're an investor looking for steady rental income or a homebuyer interested in living on one side while renting out the other, this property offers an incredible opportunity. Photos are for Unit A only. Don't miss out on this unique investment in a prime location!

Last Agent to Sell the Property

Theresa Casillas

Better Homes and Gardens Real License #RB16000038 Listed on: 09/03/2024

Better Homes and Gardens Real

Last Buyer's Agent

Theresa Casillas

Better Homes and Gardens Real License #RB16000038 Listed on: 09/03/2024

Better Homes and Gardens Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,617

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home

Interior Spaces

  • 2,096 Sq Ft Home
  • Carpet
  • Views of Meadow

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well

Listing and Financial Details

  • Tenant pays for cable TV, telephone, gas, electricity
  • The owner pays for insurance, trash collection, taxes, sewer, roof maintenance, repairs
  • Rent includes sewer, trash collection
  • Assessor Parcel Number 451529227002000014
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cedar Ridge Estates Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $900
  • Trash Expense $75
  • Water Sewer Expense $75

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,617

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Gas Dryer Hookup, Washer Hookup, Lower Level, Laundry Room, In Unit
  • ResoLotFeatures: Back Yard, Landscaped, Private, Meadow, Level, Front Yard
  • Road Frontage Type: City Street
  • Reso View: Meadow
  • Co List Office Mls Id: NRA2007
  • Subdivision Name: Cedar Ridge Estates
  • Above Grade Finished Sq Ft: 2096
  • Garage Yn: Yes
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • SewerExpense: 75.00
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Free-Standing Gas Oven
  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard
  • Fencing: None
  • Acres: 0.3822
  • Waterfront: No
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Shared Driveway, Garage Door Opener, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available, Phone Available, Natural Gas Available, Electricity Available
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Private, Well, See Remarks

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Senior Community: No
  • HOA Rent Includes: Sewer, Trash Collection
  • Association: No

Fee Information

  • Trash Expense: 75

Schools

  • Junior High Dist: Hanover

Lot Info

  • Lot Dimensions: .38A
  • Lot Size Sq Ft: 16650
  • Additional Parcels: No
  • Parcel #: 451529227002000014
  • Zoning Description: Residential

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Cable TV, Telephone, Gas, Electricity
  • Owner Pays: Insurance, Trash Collection, Taxes, Sewer, Roof Maintenance, Repairs

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4617

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Sep 30, 2024
Sold by
James E Metro Revocable Living Trust and Metro James E
Bought by
Jastreboski Michael and Jastreboski Rita
Seller's Agent
Theresa Casillas
Better Homes and Gardens Real
Buyer's Agent
Theresa Casillas
Better Homes and Gardens Real
List Price
$340,000
Sold Price
$340,000
Views
9
Current Estimated Value
$326,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,197
Avg. Annual Appreciation
-3.30%
Original Mortgage
$255,000
Outstanding Balance
$252,375
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$74,428

Purchase Details

Closed on
Dec 18, 2007
Sold by
Metro James E
Bought by
Metro James E and James E Metro Revocable Living
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jastreboski Michael $340,000 None Listed On Document
Metro James E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jastreboski Michael $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $340,000 0.0% $162 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $340,000 -- $162 / 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 $5,368 $225,400 $48,600 $176,800
2023 $4,617 $201,900 $26,300 $175,600
2022 $4,254 $178,700 $26,300 $152,400
2021 $3,662 $166,900 $26,300 $140,600
2020 $3,397 $147,700 $26,300 $121,400
2019 $3,433 $149,900 $26,300 $123,600
2018 $3,596 $146,500 $26,300 $120,200
2017 $3,741 $142,700 $26,300 $116,400
2016 $3,819 $141,900 $26,300 $115,600
2014 $3,316 $142,900 $26,200 $116,700
2013 $1,965 $163,700 $26,300 $137,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 809512

Northwest Indiana Association of REALTORS®

APN: 45-15-29-227-002.000-014