NOT LISTED FOR SALE

122 W Porter Ave Chesterton, IN 46304

Estimated Value: $246,000 - $283,000

5 Beds
3 Baths
2,154 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $125,000 $58 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,853/month

143 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Outdoor Storage
  • Bailly Elementary School Rated A-
  • Patio
  • 4-minute walk to Coffee Creek Park

About This Home

As of June 2017

3-Unit income property in excellent location! Nice yard/patio, walkway to 2-car garage + carport.

Last Agent to Sell the Property

Michelle Gilbertsen

McColly Real Estate License #RB14037113 Listed on: 12/27/2016

McColly Real Estate

Last Buyer's Agent

Cindy Sparacio

McColly Real Estate License #RB14048439

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,408

Year Built

  • Built in 1870

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 50 x 232
  • Fenced

Parking

  • 2 Car Detached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 2,154 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Total Actual Rent $25,800
  • Tenant pays for electricity, gas
  • The owner pays for electricity, gas, sewer, water
  • Assessor Parcel Number 640336463017000023

Community Details

Overview

  • 3 Units
  • Quicks Add Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $946
  • Water Sewer Expense $1,620
  • New Taxes Expense $3,781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,408

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1870
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Asphalt
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: NRA266
  • Subdivision Name: Quicks Add
  • Garage Yn: Yes
  • Reso Other Structures: Shed(s)
  • WaterExpense: 1620.00
  • SewerExpense: 1500.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement: Partial
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Fencing: Fenced
  • Acres: 0.266
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Detached, Garage Door Opener, Off Street
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None, Other

Schools

  • Junior High Dist: Duneland School Corporation

Lot Info

  • Lot Dimensions: 50 x 232
  • Lot Size Sq Ft: 11587
  • ResoLotSizeUnits: Acres
  • Parcel #: 640336463017000023
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 946
  • Total Actual Rent: 25800

Tax Info

  • New Taxes Expense: 3781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2016
Closed on
Jun 27, 2017
Sold by
Cogdill Wilburn Ray
Bought by
Earley Denis James and Earley Carol Benedickt
Seller's Agent
Michelle Gilbertsen
McColly Real Estate
Buyer's Agent
Cindy Sparacio
McColly Real Estate
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$271,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,324
Avg. Annual Appreciation
9.32%
Original Mortgage
$87,500
Outstanding Balance
$48,841
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$209,378

Purchase Details

Closed on
Jul 30, 2008
Sold by
Wight Karl
Bought by
Cogdill Lawrence and Cogdill Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,900
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
Earley Denis James -- Community Title Co
Cogdill Lawrence -- Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Earley Denis James $87,500
Previous Owner Cogdill Lawrence $84,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $125,000 0.0% $58 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $125,000 -- $58 / 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 $4,408 $214,900 $31,600 $183,300
2023 $4,049 $195,800 $28,200 $167,600
2022 $4,049 $179,500 $28,200 $151,300
2021 $4,100 $181,700 $28,200 $153,500
2020 $3,996 $177,000 $27,000 $150,000
2019 $3,812 $166,500 $27,000 $139,500
2018 $3,643 $159,100 $27,000 $132,100
2017 $1,754 $155,100 $27,000 $128,100
2016 $1,735 $160,100 $28,800 $131,300
2014 $1,766 $152,400 $27,000 $125,400
2013 -- $144,100 $27,300 $116,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michelle Gilbertsen

    McColly Real Estate

    (219) 921-6032

    9 in this area

    24 Total Sales

    Section Image

  • C

    Buyer's Agent in 2017

    Cindy Sparacio

    McColly Real Estate

    (219) 405-3626

    1 in this area

    13 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 406311

Northwest Indiana Association of REALTORS®

APN: 64-03-36-463-017.000-023

Indiana Porter County Chesterton 46304

122 W Porter Ave, Chesterton, IN

This home is located at 122 W Porter Ave, Chesterton, IN 46304 since 27 December 2016 and is currently estimated at $271,324, approximately $125 per square foot. This property was built in 1870. 122 W Porter Ave is a home located in Porter County with nearby schools including Bailly Elementary School, Westchester Intermediate School, and Chesterton Middle 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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