NOT LISTED FOR SALE

1251 Lake Charles Ave Porter, IN 46304

8 Beds
8 Baths
5,320 Sq Ft
0.33 Acres

Last Sold November 07, 2023

Last sale price $591,000 $111 Per Sq Ft

32 Days on Market

Highlights

  • Deck
  • Patio
  • Carpet
  • Newton Yost Elementary School Rated A-

About This Home

As of November 2023

Four unit apartment building in excellent condition. Newer air conditioners and furnaces. The parking lot has a fresh coat of asphalt. Refrigerators, stoves, and dishwashers are included for each unit. Each unit has a deck. There is a storage shed on the property for the owner. Three units have granite kitchen countertops. Some new carpet. Two tenants are month-to-month and one expires in November. The current owner kept the rents lower for long-term tenants. Easy to show the vacant unit that has just been updated.

Last Agent to Sell the Property

Paul Boyter

McColly Real Estate License #RB14020663 Listed on: 10/03/2023

McColly Real Estate

Last Buyer's Agent

Jacquelyn Brubaker

Coldwell Banker Real Estate Gr License #RB21001164

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 105x137

Home Design

  • Brick Foundation

Interior Spaces

  • 5,320 Sq Ft Home
  • Elevator
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Deck
  • Patio

Listing and Financial Details

  • Total Actual Rent $47,340
  • Assessor Parcel Number 640334426004000026

Community Details

Overview

  • 4 Units
  • Lake Charles Sub Subdivision

Building Details

  • Insurance Expense $3,500
  • New Taxes Expense $6,271
  • Net Operating Income $47,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1998
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: In Unit, Other
  • Co List Office Mls Id: NRA266
  • Subdivision Name: Lake Charles Sub
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.33
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Other

Utilities

  • Utilities: Cable Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 105x137
  • Lot Size Sq Ft: 14375
  • Parcel #: 640334426004000026

Rental Info

  • Lease Term: Month To Month
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 3500
  • Total Actual Rent: 47340

Tax Info

  • New Taxes Expense: 6271

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $591,000 +0.2% $111 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $589,900 -- $111 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Boyter

    Seller's Agent in 2023

    Paul Boyter

    McColly Real Estate

    (219) 789-1228

    28 in this area

    241 Total Sales

    Paul Boyter
    Section Image
  • Jacquelyn Brubaker

    Buyer's Agent in 2023

    Jacquelyn Brubaker

    Coldwell Banker Real Estate Gr

    (219) 973-9376

    1 in this area

    66 Total Sales

    Jacquelyn Brubaker
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 539615

Northwest Indiana Association of REALTORS®
Indiana Porter County Porter 46304

1251 Lake Charles Ave, Porter, IN

This home is located at 1251 Lake Charles Ave, Porter, IN 46304 since 03 October 2023. This property was built in 1998. 1251 Lake Charles Ave is a home located in Porter County with nearby schools including Newton Yost 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.

Nearby Homes