NOT LISTED FOR SALE

1351 Sunset Ave Porter, IN 46304

Estimated Value: $200,000 - $313,000

4 Beds
2 Baths
1,560 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $87,500 $56 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,786/month

45 Days on Market

Highlights

  • 0.6 Acre Lot
  • Outdoor Storage
  • Laundry Facilities
  • Newton Yost Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2015

2 unit ranch duplex each with 780 square feet 2 bedrooms, one bath, living room and kitchen. Both units are currently rented through December 1, 2015 for $550.00 per month. Tenant pays all utilities and there is a shared laundry space. Situated on almost an acre of land the backyard is huge. Windows are new as of May 2015. Expenses are minimal making this a great income generator! Make an appointment today.

Last Agent to Sell the Property

Nicolette Heneka

Coldwell Banker Real Estate Gr License #RB14025128 Listed on: 09/08/2015

Last Buyer's Agent

Sheryl Barnard

McColly Real Estate License #RB14012985

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,413

Year Built

  • Built in 1966

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 106x242

Interior Spaces

  • 1,560 Sq Ft Home
  • Elevator

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Total Actual Rent $13,200
  • Tenant pays for electricity, gas, sewer
  • Rent includes water
  • Assessor Parcel Number 640334404005000026

Community Details

Overview

  • 2 Units
  • Highway View Acres Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $885
  • New Taxes Expense $2,850
  • Net Operating Income $9,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,413

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Common Area
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NRA372
  • 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
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.6
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: None, Off Street
  • Total Parking Spaces: 4

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Central Air, Individual Units, Unit Control
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: Water

Schools

  • Junior High Dist: Duneland School Corporation

Lot Info

  • Lot Dimensions: 106x242
  • Lot Size Sq Ft: 26136
  • ResoLotSizeUnits: Acres
  • Parcel #: 640334404005000026
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 885
  • Total Actual Rent: 13200

Tax Info

  • New Taxes Expense: 2850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2017
Sold by
Allen Tom and Allen Thomas
Bought by
Allen Kimberely and Allen Tom
Current Estimated Value
$258,831

Purchase Details

Listed on
Sep 8, 2015
Closed on
Oct 16, 2015
Sold by
Bracco Michael and Bracco Connie
Bought by
Allen Thomas G and Allen Kimberly
Seller's Agent
Nicolette Heneka
Coldwell Banker Real Estate Gr
Buyer's Agent
Sheryl Barnard
McColly Real Estate
List Price
$87,500
Sold Price
$87,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$65,625
Outstanding Balance
$28,610
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$219,719

Purchase Details

Listed on
Apr 23, 2013
Closed on
Aug 15, 2013
Sold by
Winter John W
Bought by
Bracco Michael and Bracco Connie
Seller's Agent
Jeanne Sommer
Century 21 Alliance Group
Buyer's Agent
Nicolette Heneka
Coldwell Banker Real Estate Gr
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$55,000
Interest Rate
4.53%
Mortgage Type
New Conventional
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
Allen Kimberely -- None Available
Allen Thomas G -- Chicago Title Insurance Co
Bracco Michael -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Thomas G $65,625
Previous Owner Bracco Michael $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $87,500 0.0% $56 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $87,500 +9.4% $56 / Sq Ft
08/15/2013 08/15/13 Sold $80,000 0.0% $51 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $80,000 -- $51 / 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 $4,413 $208,600 $45,900 $162,700
2023 $4,162 $196,700 $42,800 $153,900
2022 $4,162 $185,200 $42,800 $142,400
2021 $3,871 $171,900 $42,800 $129,100
2020 $3,618 $160,500 $40,900 $119,600
2019 $3,153 $139,400 $40,900 $98,500
2018 $3,057 $135,200 $40,900 $94,300
2017 $3,101 $137,500 $40,900 $96,600
2016 $3,318 $147,300 $44,900 $102,400
2014 $2,990 $132,500 $40,500 $92,000
2013 -- $128,000 $41,400 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 379848

Northwest Indiana Association of REALTORS®

APN: 64-03-34-404-005.000-026