NOT LISTED FOR SALE

1331-1333 Berg St Porter, IN 46304

Estimated Value: $206,000 - $301,000

4 Beds
2 Baths
1,800 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 17, 2016

Last sale price $119,000 $66 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,797/month

15 Days on Market

Highlights

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

About This Home

As of March 2016

Nicely updated 2-unit duplex at a very convenient location. Each unit comes with a new hot water heater and storage shed. Boiler heated with window a/c units helps to keep utility costs down. Unit 1331 was completely remodeled and has a washer and dryer. A spacious backyard opens up even more potential, or wander down and relax by a huge lake at the end of the road. This property offers an investment opportunity or the perfect chance to cut your monthly mortgage payment in half!

Last Agent to Sell the Property

Lynda Anderson

Boulder Bay Realty Group License #RB14025141 Listed on: 02/04/2016

Last Buyer's Agent

Sheryl Barnard

McColly Real Estate License #RB14012985

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 1967

Lot Details

  • 0.39 Acre Lot

Home Design

  • Brick Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Elevator
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Total Actual Rent $16,200
  • Rent includes trash collection
  • Assessor Parcel Number 640334405002000026

Community Details

Overview

  • 2 Units
  • Highway View Acres Subdivision

Building Details

  • New Taxes Expense $3,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,048

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1967
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NRA768
  • Subdivision Name: Highway View Acres
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.386
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Other
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: Other, Trash Collection

Schools

  • Junior High Dist: Duneland School Corporation

Lot Info

  • Lot Dimensions: .386 Acres
  • Lot Size Sq Ft: 16814
  • ResoLotSizeUnits: Acres
  • Parcel #: 640334405002000026
  • ResoLotSizeUnits: Acres

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 16200

Tax Info

  • New Taxes Expense: 3408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Mar 17, 2016
Sold by
Clair Brandon L
Bought by
Heath Brandon
Seller's Agent
Lynda Anderson
Boulder Bay Realty Group
Buyer's Agent
Sheryl Barnard
McColly Real Estate
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$252,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,612
Avg. Annual Appreciation
8.46%
Original Mortgage
$116,844
Outstanding Balance
$93,885
Interest Rate
3.95%
Mortgage Type
FHA
Estimated Equity
$162,211

Purchase Details

Listed on
Nov 21, 2012
Closed on
Feb 27, 2013
Sold by
Hopson James L and Hopson Louann
Bought by
Clair Brandon L
Seller's Agent
Lynda Anderson
Boulder Bay Realty Group
Buyer's Agent
Lynda Anderson
Boulder Bay Realty Group
List Price
$108,600
Sold Price
$108,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$108,600
Interest Rate
3.38%
Mortgage Type
VA
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
Heath Brandon -- Liberty Title
Clair Brandon L -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heath Brandon $116,844
Previous Owner Clair Brandon L $108,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold $119,000 0.0% $66 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $119,000 +9.6% $66 / Sq Ft
02/28/2013 02/28/13 Sold $108,600 0.0% $60 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $108,600 -- $60 / 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 $5,048 $239,300 $42,300 $197,000
2023 $4,719 $225,600 $39,400 $186,200
2022 $4,719 $211,600 $39,400 $172,200
2021 $3,023 $195,000 $39,400 $155,600
2020 $2,772 $181,700 $37,700 $144,000
2019 $2,327 $156,300 $37,700 $118,600
2018 $2,164 $151,100 $37,700 $113,400
2017 $2,313 $160,900 $37,700 $123,200
2016 $2,468 $169,200 $48,700 $120,500
2014 $3,408 $151,700 $44,000 $107,700
2013 -- $146,300 $44,900 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 387473

Northwest Indiana Association of REALTORS®

APN: 64-03-34-405-002.000-026