NOT LISTED FOR SALE

1201 120th St Whiting, IN 46394

12 Beds
6 Baths
6,428 Sq Ft
4,750 Sq Ft Lot

Last Sold April 02, 2012

Last sale price $308,000 $48 Per Sq Ft

243 Days on Market

Highlights

  • Hot Water Heating System
  • Laundry Facilities
  • Fenced

About This Home

As of April 2012

Attention Investors!! Great Cash Flow!! Two beautiful, well-maintained all brick buildings. 1201 120th has 2 - 2 bedroom units and 1943 Atchison has 4 - 2 bedroom units. Fully rented with leases and security deposits, with greater income potential as rents are not fully maximized. All units feature hardwood floors, large eat-in kitchens and spacious living rooms. Full basements in each building have laundry hook-ups. Fenced courtyard between buildings. Over 40 windows replaced in October 2010. Both buildings tuckpointed in June 2011. New roof on 1943 Atchison in 2009. Tenants own all stoves, refrigerators, washer/dryers and window wall air conditioners. Please do not disturb tenants.

Last Agent to Sell the Property

Laura Getting

McColly Real Estate License #RB14045668 Listed on: 06/02/2011

McColly Real Estate

Last Buyer's Agent

Albert Minniti

Albert W. Minniti Real Estate License #RB14005785

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 4,750 Sq Ft Lot
  • Lot Dimensions are 38x125
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 6,428 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $46,500
  • Rent includes trash collection, water
  • Assessor Parcel Number 450307252012000025

Community Details

Overview

  • 6 Units
  • Davidson Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $3,368
  • Water Sewer Expense $2,178
  • New Taxes Expense $7,175
  • Net Operating Income $31,768

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1937
  • ResoLaundryFeatures: Common Area
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Davidson
  • WaterExpense: 2178.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.109
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: None
  • Heating: Hot Water, Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other, Trash Collection, Water

Schools

  • Junior High Dist: Whiting

Lot Info

  • Lot Dimensions: 38x125
  • Lot Size Sq Ft: 4750
  • Parcel #: 450307252012000025

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 6
  • Insurance Expense: 3368
  • Total Actual Rent: 46500

Tax Info

  • New Taxes Expense: 7175

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2012 04/02/12 Sold $308,000 0.0% $48 / Sq Ft
03/03/2012 03/03/12 Pending -- -- --
06/02/2011 06/02/11 For Sale $308,000 -- $48 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 287878

Northwest Indiana Association of REALTORS®

APN: 45-03-07-252-012.000-025