NOT LISTED FOR SALE

1406 Clay St La Porte, IN 46350

Estimated Value: $151,000 - $170,000

4 Beds
2 Baths
2,057 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $101,000 $49 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,078/month

134 Days on Market

Highlights

  • Deck
  • Balcony
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Patio

About This Home

As of June 2020

Very well Maintained Building (2 Flat Investment) - Live in the lower unit & let the upstairs tenant make the house payment!!!! Beautiful Hardwood floors with ceramic tile in kitchen and bath areas. Tenant upstairs does all snow removal and mows the yard. The 1st floor apartment just had the tenant move out so don't wait to see this property - has a very good rental history & won't be vacant for long.

Last Listed By

Barry Younggreen

Pine Lake Realty License #RB14038738 Listed on: 01/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,083

Year Built

  • Built in 1912

Lot Details

  • 4,600 Sq Ft Lot
  • Lot Dimensions are 40 x 115

Interior Spaces

  • 2,057 Sq Ft Home
  • Elevator
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $15,300
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Rent includes water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,083

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1912
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NRA1065
  • Subdivision Name: N A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Crawl Space, Partial
  • Flooring: Ceramic Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Acres: 0.1056
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water

Lot Info

  • Lot Dimensions: 40 X 115
  • Lot Size Sq Ft: 4600

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 15300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
Boardman Michael B
Bought by
Owens House Llc
Total Days on Market
134
Current Estimated Value
$162,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Outstanding Balance
$71,763
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$90,494

Purchase Details

Listed on
Jan 27, 2020
Closed on
Jun 15, 2020
Sold by
Lulinski Michael Thomas and Lulinski Sherry L
Bought by
Boardman Michael B
Seller's Agent
Barry Younggreen
Pine Lake Realty
Buyer's Agent
Laura Konieczny
REMAX County Wide 1st
List Price
$101,000
Sold Price
$101,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$75,750
Interest Rate
3.2%
Mortgage Type
New Conventional

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
Owens House Llc -- None Available
Boardman Michael B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boardman Michael B $78,750
Previous Owner Boardman Michael B $75,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $101,000 0.0% $49 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $101,000 -- $49 / 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 $2,083 $94,500 $7,100 $87,400
2022 $2,028 $101,400 $7,400 $94,000
2021 $2,104 $105,200 $8,300 $96,900
2020 $1,460 $105,200 $8,300 $96,900
2019 $2,200 $105,200 $10,300 $94,900
2018 $1,978 $94,100 $8,200 $85,900
2017 $1,966 $93,500 $8,200 $85,300
2016 $1,868 $88,600 $7,100 $81,500
2014 $1,692 $84,600 $7,100 $77,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 469105

Northwest Indiana Association of REALTORS®

APN: 46-06-36-367-006.000-043