NOT LISTED FOR SALE

122-124 Park Ave Chesterton, IN 46304

Estimated Value: $287,000 - $433,785

4 Beds
4 Baths
2,200 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $442,000 $201 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,460/month

Highlights

  • Deck
  • Porch
  • Patio
  • Bailly Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

This BRAND NEW, never-occupied duplex in the heart of Chesterton makes for a great residence or investment property! Newly-constructed in July, 2022, the twin units feature covered front porches for enjoying your morning coffee before stepping into the open-concept living room, where beautiful plank floors & natural light flow to the dining room (sliders to side yard) & kitchen, boasting all Whirlpool stainless steel appliances and gorgeous granite countertops. Rounding out the living space are two spacious bedrooms (including the master with full bath en suite and sliders to the backyard), a full guest bathroom, washer & dryer and attached garage for extra storage space! Located walking-distance from beautiful downtown Chesterton's European Market, restaurants & shops and a short drive from the Indiana Dunes Lakeshore, Coffee Creek Nature Preserve, South Shore train station & toll road makes commuting to Chicago a breeze! Great investment opportunity in a thriving community!

Last Agent to Sell the Property

Shawn Spaw

Stray Dog Properties, LLC License #RB14035996 Listed on: 04/03/2023

Last Buyer's Agent

Karl Wehle

Realty Executives Premier License #RB14033019

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,906

Year Built

  • Built in 2022

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 62x126

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 2,200 Sq Ft Home
  • Elevator
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Chesterton Middle School
  • Chesterton Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 640601227009000023

Community Details

Overview

  • 2 Units
  • Shanks Add Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • New Taxes Expense $174

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,906

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 2022
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NRA2257
  • Subdivision Name: Shanks Add
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Builder

Exterior Features

  • Acres: 0.18
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Duneland School Corporation
  • Middle Or Junior School: Chesterton Middle School

Lot Info

  • Lot Dimensions: 62x126
  • Lot Size Sq Ft: 7841
  • ResoLotSizeUnits: Acres
  • Parcel #: 640601227009000023
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 174

MLS Schools

  • HighSchool: Chesterton Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 1, 2023
Sold by
Haines Brian
Bought by
Mancini Jason
Seller's Agent
Shawn Spaw
Stray Dog Properties, LLC
Buyer's Agent
Karl Wehle
Realty Executives Premier
List Price
$442,000
Sold Price
$442,000
Current Estimated Value
$370,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,304
Avg. Annual Appreciation
-7.43%
Original Mortgage
$331,500
Outstanding Balance
$322,684
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$48,012

Purchase Details

Closed on
Jul 27, 2022
Sold by
Fox Chase Development Llc
Bought by
Haines Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
5.54%
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
Mancini Jason $442,000 Chicago Title
Haines Brian $441,933 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancini Jason $331,500
Previous Owner Haines Brian $320,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $442,000 0.0% $201 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $442,000 -- $201 / 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 $5,906 $396,200 $32,600 $363,600
2023 $174 $363,100 $29,100 $334,000
2022 $174 $29,100 $29,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 528183

Northwest Indiana Association of REALTORS®

APN: 64-06-01-227-009.000-023