NOT LISTED FOR SALE

1215 W 149th St East Chicago, IN 46312

Southside Neighborhood

Estimated Value: $148,000 - $184,024

5 Beds
3 Baths
2,446 Sq Ft
$66/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $38,000 $16 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $1,037/month

68 Days on Market

About This Home

As of October 2017

RARE- 2 buildings within 1 Parcel. 3 total rental units with separate meters (Tenants pay NIPSCO). The first building is a 466 sq.ft. 1-bed, 1-bath building all to itself. The second building features 2 units (2 bed, 1 bath and 3-bed, 1-bath) with full basement. There is a 2-car attached garage. ALL FULLY RENTED! All units have been partially rehabbed within the past 5 years. Large yard and partially fenced lot. New garage roof, new roof on 1213 building along with new siding and tuckpointing work done on 1215 building in 2017.

Last Agent to Sell the Property

Michael Larson

Rose Real Estate License #RB14030764 Listed on: 07/05/2017

Last Buyer's Agent

Gina Black

Rose Real Estate License #RB14045294

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,064

Year Built

  • Built in 1925

Lot Details

  • 6,200 Sq Ft Lot
  • Lot Dimensions are 50 x 123.50

Parking

  • Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,446 Sq Ft Home
  • Elevator
  • Basement

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $17,500
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Rent includes trash collection, water
  • Assessor Parcel Number 450332104002000024

Community Details

Overview

  • 3 Units
  • Bell & Hoffmans Add Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $1,548
  • Water Sewer Expense $624
  • New Taxes Expense $1,854
  • Gross Income $255
  • Net Operating Income $11,665

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,064

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Reso Property Sub Type: Triplex
  • ResoOtherEquipment: None
  • Professional Management Expense: 1269
  • Co List Office Mls Id: NRA445
  • Subdivision Name: Bell & Hoffmans Add
  • Garage Yn: Yes
  • WaterExpense: 624.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.1423
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Parking Features: Attached

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Schools

  • Junior High Dist: City of East Chicago

Lot Info

  • Lot Dimensions: 50 x 123.50
  • Lot Size Sq Ft: 6200
  • Parcel #: 450332104002000024

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 255
  • Insurance Expense: 1548
  • Total Actual Rent: 17500

Tax Info

  • New Taxes Expense: 1854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Oct 13, 2017
Sold by
Mallon Steven
Bought by
Schirz Ryan
Seller's Agent
Michael Larson
Rose Real Estate
Buyer's Agent
Gina Black
Rose Real Estate
List Price
$38,000
Sold Price
$38,000
Current Estimated Value
$160,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,756
Avg. Annual Appreciation
20.14%

Purchase Details

Closed on
Oct 4, 2013
Sold by
Zilligen David Norman
Bought by
Mallon Steven

Purchase Details

Closed on
May 25, 2013
Sold by
Peggy
Bought by
Mallon Steven

Purchase Details

Closed on
Mar 24, 2008
Sold by
Federal National Mortgage Association
Bought by
Zilligen David Norman

Purchase Details

Closed on
Jul 9, 2007
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 20, 2007
Sold by
Garcia Samuel V and Garcia Leo R
Bought by
Chase Home Finance Llc
Source: Public Records

Range of Values:

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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
Schirz Ryan -- Fidelity National Title Co
Mallon Steven $1,900 None Available
Mallon Steven $1,900 --
Zilligen David Norman -- Meridian Title Corp
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $74,310 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $38,000 0.0% $16 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $38,000 -- $16 / 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 $5,064 $116,400 $17,900 $98,500
2023 $1,956 $106,100 $17,900 $88,200
2022 $1,956 $97,800 $20,700 $77,100
2021 $1,530 $76,500 $10,300 $66,200
2020 $1,450 $72,500 $10,300 $62,200
2019 $1,612 $66,200 $10,300 $55,900
2018 $1,643 $63,500 $10,300 $53,200
2017 $1,831 $70,600 $10,300 $60,300
2016 $1,854 $69,200 $10,300 $58,900
2014 $1,604 $62,800 $10,300 $52,500
2013 $1,798 $70,500 $10,300 $60,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Larson

    Seller's Agent in 2017

    Michael Larson

    Rose Real Estate

    (219) 614-4578

    42 Total Sales

    Michael Larson
    Section Image

  • G

    Buyer's Agent in 2017

    Gina Black

    Rose Real Estate

    (219) 677-0720

    13 Total Sales

    Gina Black
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 417924

Northwest Indiana Association of REALTORS®

APN: 45-03-32-104-002.000-024

Indiana Lake County East Chicago 46312 Southside

1215 W 149th St, East Chicago, IN

This home is located at 1215 W 149th St, East Chicago, IN 46312 since 05 July 2017 and is currently estimated at $160,756, approximately $65 per square foot. This property was built in 1925. 1215 W 149th St is a home located in Lake County with nearby schools including East Chicago Central High School, Greater First Christian Aca, and St Stanislaus School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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