NOT LISTED FOR SALE

1316 W Fred St Whiting, IN 46394

Estimated Value: $229,000 - $263,000

4 Beds
2.5 Baths
2,116 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $242,500 $115 Per Sq Ft

Current estimated payment $1,524/month

135 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2024

This gorgeous 2 unit is a rare find in Whiting! A quick half mile to downtown Whiting or 30 minutes to Chicago. Both units are currently rented and share the basement access that allows for shared washer and dryer use. Building has updated wiring, windows, furnace, A/C, and both water heaters were replaced within the last 2 years. There is also a 2 car garage with alley access. Do not miss the opportunity to add this building to your portfolio!

Last Agent to Sell the Property

Rebecca Ramon

RE/MAX Executives License #RB18001947 Listed on: 05/10/2024

RE/MAX Executives

Last Buyer's Agent

Christian Medina

Realty Executives Premier License #RB20000145

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1915

Lot Details

  • 3,615

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Laundry in Basement
  • Attic Stairs
  • Gas Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Lot Dimensions are 29x125
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for grounds care, water, taxes, repairs
  • Rent includes water
  • Assessor Parcel Number 007-28-29-0068-0006

Community Details

Overview

  • 2 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Water Sewer Expense $895
  • Net Operating Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,092

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1915
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Back Yard
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Co List Office Mls Id: NRA1811
  • Subdivision Name: /
  • Above Grade Finished Sq Ft: 2116
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Financial Info Electric: 100 Amp Service, Separate Meters
  • WaterExpense: 895.00
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 1058.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Gas Range
  • Interior Amenities: Attic Stairway, Pantry, Eat-in Kitchen, High Ceilings, Ceiling Fan(s)
  • Basement: Full, Storage Space, Walk-Out Access, Interior Entry
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Foundation Details: Block
  • Patio And Porch Features: None

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Alley Access, Garage Door Opener, Detached

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Separate Meters, Central Air
  • Heating: Forced Air, Separate Meters
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water

Lot Info

  • Lot Dimensions: 29x125
  • Additional Parcels: No
  • Parcel #: 007-28-29-0068-0006

Rental Info

  • Pets Allowed: No
  • Owner Pays: Grounds Care, Water, Taxes, Repairs

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4092

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Oct 28, 2024
Sold by
Mantich Family Trust and Mantich Michael John
Bought by
Perez Anthony
Seller's Agent
Rebecca Ramon
RE/MAX Executives
Buyer's Agent
Christian Medina
Realty Executives Premier
List Price
$250,000
Sold Price
$242,500
Premium/Discount to List
-$7,500
-3%
Views
111
Current Estimated Value
$243,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639
Avg. Annual Appreciation
0.25%
Original Mortgage
$230,375
Outstanding Balance
$228,069
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$15,070

Purchase Details

Closed on
Apr 15, 2021
Sold by
Mantich Michael J and Mantich Deann T
Bought by
Mantich Michael John and Mantich Deann Therese
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
Perez Anthony -- None Listed On Document
Mantich Michael John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Anthony $230,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $242,500 -3.0% $115 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $250,000 0.0% $118 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
07/20/2024 07/20/24 For Sale $250,000 0.0% $118 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $250,000 0.0% $118 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $250,000 -- $118 / 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 $9,013 $218,800 $26,000 $192,800
2023 $4,092 $204,600 $26,000 $178,600
2022 $3,824 $191,200 $26,000 $165,200
2021 $3,520 $176,000 $15,400 $160,600
2020 $3,500 $175,000 $15,400 $159,600
2019 $3,214 $160,700 $15,400 $145,300
2018 $3,050 $152,000 $15,400 $136,600
2017 $2,958 $147,300 $15,400 $131,900
2016 $2,861 $142,200 $15,400 $126,800
2014 $2,992 $140,000 $15,400 $124,600
2013 $2,969 $138,600 $15,400 $123,200
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Ramon

    Seller's Agent in 2024

    Rebecca Ramon

    RE/MAX

    (219) 629-4911

    4 in this area

    80 Total Sales

    Rebecca Ramon
    Section Image

  • C

    Buyer's Agent in 2024

    Christian Medina

    Realty Executives

    (219) 902-8849

    2 in this area

    28 Total Sales

    Christian Medina
    Section Image
  • Alex Nickla

    Buyer Co-Listing Agent in 2024

    Alex Nickla

    Realty Executives

    (219) 510-7199

    7 in this area

    460 Total Sales

    Alex Nickla
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 803520

Northwest Indiana Association of REALTORS®

APN: 45-03-07-255-006.000-025

Indiana Lake County Whiting 46394

1316 W Fred St, Whiting, IN

Not Listed for Sale

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