$268,000
SOLD OCT 23, 2025
4 Beds
2 Baths
2,016 Sq Ft
0.34 Acres

Recently Sold

$133 Per Sq Ft

3% Above List Price

2 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Laundry Room
  • Neighborhood Views
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2025

Looking to add a nice rental to your investment portfolio before the end of the year? Well, here it is! This 1997 built, in town, duplex is fully rented and has been very well maintained. Both sides have excellent long term renters in place at 1,000/per month rent per side. The tenants pay all utilities including sewer, water, trash, gas & electric as well as handling their own lawn care and snow removal! Each unit has 2 bedrooms and 1 full bath as well as a 1 car attached garage and laundry rooms. These units are immaculate inside & each side comes equipped with a stove, fridge and dishwasher. Properties like this are hard to find, don't miss this opportunity!

Last Agent to Sell the Property

Dan Walstra

Countryside Realty License #RB14027366 Listed on: 10/09/2025

Countryside Realty

Last Buyer's Agent

Dan Walstra

Countryside Realty License #RB14027366 Listed on: 10/09/2025

Countryside Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1997

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

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

Additional Features

  • Patio
  • 0.34 Acre Lot

Listing and Financial Details

  • Total Actual Rent $24,000
  • Tenant pays for all utilities, sewer, water, trash collection, snow removal, gas, electricity
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 0150159300

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fairchild's & Wolf's Addition To Demotte Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Insurance Expense $1,096
  • New Taxes Expense $2,481
  • Gross Income $24,000
  • Net Operating Income $20,423

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,480

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1997
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Laundry Room, Main Level
  • ResoLotFeatures: Back Yard, Few Trees
  • ResoPoolFeatures: None
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA844
  • Subdivision Name: Fairchild's & Wolf's Addition to DeMotte
  • Above Grade Finished Sq Ft: 2016
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator, Gas Range
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Open Floorplan
  • Basement: Crawl Space
  • Flooring: Carpet, Vinyl, Laminate
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.34
  • Waterfront: No
  • Patio And Porch Features: Patio
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Paved, Garage Faces Front, Garage Door Opener, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Association: No

Schools

  • Junior High Dist: Kankakee Valley

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Additional Parcels: No
  • Parcel #: 0150159300

Rental Info

  • Pets Allowed: No
  • Tenant Pays: All Utilities, Sewer, Water, Trash Collection, Snow Removal, Gas, Electricity
  • Owner Pays: Insurance, Taxes

Tax Info

  • Year: 2024
  • New Taxes Expense: 2481
  • Tax Annual Amount: 2480.34

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000
  • Insurance Expense: 1096
  • Total Actual Rent: 24000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2025
Closed on
Oct 23, 2025
Sold by
Rsk Group Llc
Bought by
Veld Michael D and Veld Heather R
Seller's Agent
Dan Walstra
Countryside Realty
Buyer's Agent
Dan Walstra
Countryside Realty
List Price
$259,900
Sold Price
$268,000
Premium/Discount to List
$8,100
3.12%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-53.82%
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 Type Sale Price Title Company
Warranty Deed -- State Street Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2025 10/23/25 Sold $268,000 +3.1% $133 / Sq Ft
10/11/2025 10/11/25 Pending -- -- --
10/09/2025 10/09/25 For Sale $259,900 -- $129 / 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 $2,480 $188,500 $20,800 $167,700
2023 $2,140 $167,200 $20,800 $146,400
2022 $2,032 $148,300 $19,900 $128,400
2021 $2,032 $136,500 $19,900 $116,600
2020 $2,080 $133,400 $19,900 $113,500
2019 $2,098 $128,000 $18,900 $109,100
2018 $1,910 $126,600 $18,900 $107,700
2017 $1,880 $126,100 $18,900 $107,200
2016 $1,797 $125,100 $18,900 $106,200
2014 $1,668 $126,800 $18,900 $107,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 829090

Northwest Indiana Association of REALTORS®

APN: 37-15-26-000-005.014-025