NOT LISTED FOR SALE

1326 121st St Whiting, IN 46394

Whiting Neighborhood

Estimated Value: $177,000 - $256,000

4 Beds
2 Baths
1,672 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $57,500 $34 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $1,447/month

112 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Outdoor Storage
  • Fenced

About This Home

As of August 2012

This well-kept 2 unit building is located within a short walk of Wolf Lake and downtown Whiting. A short drive will bring you to the BP refinery, Lake Michigan, and the Horseshoe Casino - Hammond. Great location for a two unit in Whiting. Building falls under Hammond city services. Both units are currently occupied under 12 month leases with atleast one month securuty deposit. This turn key operation is ready for the seasoned investor or first time landlord. The building has been professionally managed for years, and is very well maintained. Call your Realtor today to schedule a private showing. 48 hour notice is appreciated.

Last Listed By

Nathan Reeder

Reeder Companies License #RB14034744 Listed on: 04/30/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,733

Year Built

  • Built in 1919

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x125
  • Fenced

Home Design

  • Brick Foundation

Interior Spaces

  • 1,672 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $11,500
  • Rent includes trash collection, water
  • Assessor Parcel Number 450307402010000023

Community Details

Overview

  • 2 Units
  • Robertsdale Subdivision

Building Details

  • Electric Expense $75
  • Insurance Expense $800
  • Trash Expense $160
  • Water Sewer Expense $160
  • New Taxes Expense $2,541
  • Net Operating Income $5,619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,733

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1919
  • Professional Management Expense: 1380
  • Co List Office Mls Id: NRA31
  • Subdivision Name: Robertsdale
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None, Refrigerator
  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Fencing: Fenced
  • Acres: 0.1
  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Detached, Off Street
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Central Air, None
  • Heating: Forced Air, Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Fee Information

  • Trash Expense: 160

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 35X125
  • Lot Size Sq Ft: 4356
  • ResoLotSizeUnits: Acres
  • Parcel #: 450307402010000023
  • ResoLotSizeUnits: Acres

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 75
  • Insurance Expense: 800
  • Total Actual Rent: 11500

Tax Info

  • New Taxes Expense: 2541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2012
Closed on
Aug 30, 2012
Sold by
Hamilton William J and Hamilton Laurie A
Bought by
Esparza Arturo
Seller's Agent
Nathan Reeder
Reeder Companies
Buyer's Agent
Ramonita Pabey
Paradise Real Estate, LLC
List Price
$57,500
Sold Price
$57,500
Total Days on Market
112
Current Estimated Value
$220,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,718
Avg. Annual Appreciation
11.26%

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
Esparza Arturo -- Meridian Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $57,500 0.0% $34 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $57,500 -- $34 / 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 $8,733 $226,900 $29,900 $197,000
2023 $4,684 $182,700 $29,700 $153,000
2022 $4,684 $174,800 $29,700 $145,100
2021 $4,437 $163,700 $14,800 $148,900
2020 $4,024 $147,400 $14,800 $132,600
2019 $3,489 $122,800 $14,800 $108,000
2018 $3,678 $118,100 $14,800 $103,300
2017 $4,106 $115,000 $14,800 $100,200
2016 $3,445 $111,800 $14,800 $97,000
2014 $3,346 $106,800 $14,800 $92,000
2013 $1,815 $61,200 $14,800 $46,400
Source: Public Records

Agents Affiliated with this Home

  • Nathan Reeder

    Seller's Agent in 2012

    Nathan Reeder

    Reeder Companies

    (219) 989-4049

    32 Total Sales

    Nathan Reeder
    Section Image

  • R

    Buyer's Agent in 2012

    Ramonita Pabey

    Paradise Real Estate, LLC

    (219) 313-0074

    7 in this area

    52 Total Sales

    Ramonita Pabey
    Section Image
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Map

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Source: Northwest Indiana Association of REALTORS®

MLS Number: 306496

Northwest Indiana Association of REALTORS®

APN: 45-03-07-402-010.000-023

Indiana Lake County Whiting 46394 Whiting

1326 121st St, Whiting, IN

Homes for Sale in Whiting, IN

This home is located at 1326 121st St, Whiting, IN 46394 since 30 April 2012 and is currently estimated at $220,218, approximately $131 per square foot. This property was built in 1919. 1326 121st St is a home located in Lake County with nearby schools including Nathan Hale Elementary School, Whiting Middle School, and Whiting High School.

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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.