NOT LISTED FOR SALE

1406 E Elm St Griffith, IN 46319

Ross Neighborhood

Estimated Value: $204,000 - $255,000

4 Beds
4 Baths
1,760 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $149,500 $85 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,480/month

71 Days on Market

Highlights

  • 0.8 Acre Lot
  • Vinyl Flooring
  • 1-Story Property
  • Accessibility Features

About This Home

As of June 2017

INVESTMENT PROPERTY! This property has 2, 1 bedroom duplexes side by side, Large lot with Mature Trees, Patio Area. 3 of the tenants have been Long Term, $550.00 per Unit, $2,200 per Month, $26,400 per Year. Good return on your Investment. All units Updated, Laminate floors, Full Bathroom w/ Vinyl flooring, Stove & Refrigerator included, each unit has own water heater, Furnace and Air Conditioner. Owner pays Water & Garbage. Great Opportunity for Investors.There is 2 Parcel #'s Second one 45-07-36-151-038.000-001

Last Listed By

Carrie Austgen

Austgen Real Estate, LLC License #RB16000091 Listed on: 03/17/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,790

Year Built

  • Built in 1953

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 100x350

Parking

  • 8 Parking Spaces

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Accessible Home Design

  • Accessibility Features

Listing and Financial Details

  • Total Actual Rent $26,400
  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 450736151039000001

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $814
  • Trash Expense $540
  • Water Sewer Expense $468
  • New Taxes Expense $3,558
  • Net Operating Income $21,019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,790

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Co List Office Mls Id: NRA1846
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Flooring: Luxury Vinyl, Vinyl
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.803
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Public

Fee Information

  • Trash Expense: 540

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 100x350
  • Lot Size Sq Ft: 34979
  • ResoLotSizeUnits: Acres
  • Parcel #: 450736151039000001
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 814
  • Total Actual Rent: 26400

Tax Info

  • New Taxes Expense: 3558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2024
Sold by
Tkh Properties Llc
Bought by
Favela Homes Llc
Total Days on Market
71
Current Estimated Value
$224,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2022
Sold by
Hendzel and Kamila
Bought by
Tkh Properties Llc

Purchase Details

Listed on
Mar 17, 2017
Closed on
Jul 30, 2017
Sold by
Stash Dorald K and Stash Betty A
Bought by
Fdtm Properties Llc
Seller's Agent
Carrie Austgen
Austgen Real Estate, LLC
Buyer's Agent
Kamila Hendzel
Coldwell Banker Real Estate Gr
List Price
$149,500
Sold Price
$149,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$112,100
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2017
Closed on
Jun 30, 2017
Sold by
Fdtm Properties Llc
Bought by
Hendzel Thomas and Hendzel Kamila
Seller's Agent
Carrie Austgen
Austgen Real Estate, LLC
Buyer's Agent
Kamila Hendzel
Coldwell Banker Real Estate Gr
List Price
$149,500
Sold Price
$149,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
3.96%
Mortgage Type
New Conventional

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
Favela Homes Llc $271,000 Chicago Title
Tkh Properties Llc -- Kutanovski Alexander
Fdtm Properties Llc -- Chicago Title Insurance Co
Hendzel Thomas -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Homes Llc $618,750
Closed Favela Homes Llc $325,000
Previous Owner Hendzel Kamila A $140,000
Previous Owner Hendzel Thomas $112,100
Previous Owner Fdtm Properties Llc $685,000
Previous Owner Fdtm Properties Llc $908,000
Previous Owner Leaf Frederick J $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $149,500 0.0% $85 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $149,500 -- $85 / 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 $6,790 $164,200 $18,800 $145,400
2023 $3,188 $159,400 $18,800 $140,600
2022 $3,126 $156,300 $14,900 $141,400
2021 $2,890 $144,500 $14,900 $129,600
2020 $2,850 $142,500 $14,900 $127,600
2019 $3,365 $156,300 $24,500 $131,800
2018 $4,395 $145,900 $23,300 $122,600
2017 $1,490 $48,600 $8,400 $40,200
2016 $1,506 $49,400 $8,200 $41,200
2014 $1,868 $63,900 $8,500 $55,400
2013 $1,800 $64,300 $8,500 $55,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Carrie Austgen

    Austgen Real Estate, LLC

  • K

    Buyer's Agent in 2017

    Kamila Hendzel

    Coldwell Banker Real Estate Gr

    (219) 781-7836

    22 Total Sales

    Kamila Hendzel
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 410758

Northwest Indiana Association of REALTORS®

APN: 45-07-36-151-039.000-001

Indiana Lake County Griffith 46319 Ross

1406 E Elm St, Griffith, IN

Homes for Sale in Griffith, IN

This home is located at 1406 E Elm St, Griffith, IN 46319 since 17 March 2017 and is currently estimated at $224,333, approximately $127 per square foot. This property was built in 1953. 1406 E Elm St is a home located in Lake County with nearby schools including Calumet High School, St Mary School, and Calumet Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

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