NOT LISTED FOR SALE

1209-1211 Sturdy Rd Valparaiso, IN 46383

Estimated Value: $304,000 - $463,000

6 Beds
6 Baths
3,232 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 05, 2014

Last sale price $238,000 $74 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,877/month

21 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Thomas Jefferson Elementary School Rated A
  • Patio

About This Home

As of February 2014

Great investment opportunity. Live in one unit and rent out the other, or rent both. Good cash flow. Annual income is $25,800. Each unit features 3 bedrooms and 2.5 baths and their own garage. Great location. Near shopping and schools. Beautiful Valparaiso which offers an excellent school system. Don't miss this opportunity to own a great investment property.

Last Agent to Sell the Property

Sandy Burns

Century 21 Alliance Group License #RB14020747 Listed on: 11/04/2013

Last Buyer's Agent

Sandy Burns

Century 21 Alliance Group License #RB14020747 Listed on: 11/04/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,820

Year Built

  • Built in 1989

Lot Details

  • 9,409 Sq Ft Lot
  • Lot Dimensions are 76 x 124

Parking

  • Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 3,232 Sq Ft Home
  • Elevator
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Total Actual Rent $25,800
  • Assessor Parcel Number 641018382025000004

Community Details

Overview

  • 2 Units
  • Jefferson Park Subdivision

Building Details

  • Insurance Expense $1,000
  • New Taxes Expense $4,894
  • Net Operating Income $17,853

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,820

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1989
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Co List Office Mls Id: NRA693
  • Subdivision Name: Jefferson Park
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.216
  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: 76 x 124
  • Lot Size Sq Ft: 9409
  • ResoLotSizeUnits: Acres
  • Parcel #: 641018382025000004
  • ResoLotSizeUnits: Acres

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Total Actual Rent: 25800

Tax Info

  • New Taxes Expense: 4894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2013
Closed on
Jan 31, 2014
Sold by
Newlin William and Newlin Mary
Bought by
Krcoski Dimitrija and Krcoski Christopher
Seller's Agent
Sandy Burns
Century 21 Alliance Group
Buyer's Agent
Sandy Burns
Century 21 Alliance Group
List Price
$238,000
Sold Price
$238,000
Current Estimated Value
$389,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,675
Avg. Annual Appreciation
4.30%
Original Mortgage
$166,600
Outstanding Balance
$126,910
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$262,765

Purchase Details

Closed on
Sep 30, 2008
Sold by
Alma Properties Llc
Bought by
Newlin William and Newlin Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2005
Sold by
Jared Charles U
Bought by
Jared Charles U and Carolyn L Jared Shelter Trust
Source: Public Records

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
Krcoski Dimitrija -- Chicago Title Ins Co Llc
Newlin William -- Ticor Title
Alma Properties Llc -- Ticor Title
Jared Charles U -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krcoski Dimitrija $166,600
Previous Owner Newlin William $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2014 02/05/14 Sold $238,000 0.0% $74 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $238,000 -- $74 / 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 $9,820 $419,800 $45,800 $374,000
2023 $9,018 $399,000 $42,600 $356,400
2022 $9,018 $364,600 $42,600 $322,000
2021 $8,513 $332,200 $42,600 $289,600
2020 $8,278 $317,800 $38,800 $279,000
2019 $6,947 $263,000 $38,800 $224,200
2018 $6,667 $252,400 $38,800 $213,600
2017 $6,397 $242,400 $38,800 $203,600
2016 $5,714 $234,800 $40,200 $194,600
2014 $5,064 $251,200 $40,000 $211,200
2013 -- $246,000 $42,000 $204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 339556

Northwest Indiana Association of REALTORS®

APN: 64-10-18-382-025.000-004