NOT LISTED FOR SALE

1408 Lake Ave Whiting, IN 46394

Estimated Value: $181,262 - $221,000

2 Beds
1 Bath
878 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $110,000 $125 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,226/month

32 Days on Market

Highlights

  • Ranch Style House
  • Gazebo
  • 2 Car Detached Garage
  • Sun or Florida Room
  • Formal Dining Room
  • Cooling Available

About This Home

As of September 2017

Charming 2 bedroom home near parks, and Whihala beach. Spacious living room and bedrooms, kitchen was recently updated, newer cabinets, granite counter tops. Full basement with half bath tons of potential. Gazeebo in back yard great for entertaining family and friends.

Last Agent to Sell the Property

Dino Koutropoulos

Turn Key Realty, LLC License #RB14050663 Listed on: 07/29/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1924

Lot Details

  • 4,440 Sq Ft Lot
  • Lot Dimensions are 37x120
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 878 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Gazebo
  • Storage Shed

Utilities

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

Community Details

  • Forsyth Sheffield Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 45030630601300023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,268

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR856
  • Subdivision Name: Forsyth Sheffield
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 878
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Formal Dining, Main Floor Bathroom, Main Floor Bedroom, Sun Room
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Gazebo, Storage Shed
  • Acres: 0.1019

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 37x120
  • Lot Size Sq Ft: 4440
  • Parcel #: 45030630601300023
  • Zoning Description: Res

Tax Info

  • Year: 2016
  • Tax Annual Amount: 1268

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2017
Closed on
Sep 8, 2017
Sold by
Duray Thomas J
Bought by
Kusay Chayada
Seller's Agent
Dino Koutropoulos
Turn Key Realty, LLC
List Price
$110,000
Sold Price
$110,000
Total Days on Market
32
Current Estimated Value
$194,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,566
Avg. Annual Appreciation
7.34%
Original Mortgage
$106,700
Outstanding Balance
$89,527
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$105,039

Purchase Details

Closed on
Oct 24, 2008
Sold by
Nicholas Richard R and Nicholas Diana
Bought by
Duray Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,462
Interest Rate
6.11%
Mortgage Type
FHA
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
Kusay Chayada -- Greater Indiana Title Co
Duray Thomas J -- Ticor Title Highland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kusay Chayada $106,700
Previous Owner Duray Thomas J $84,462
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2017 09/12/17 Sold $110,000 0.0% $125 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $110,000 -- $125 / 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 $6,577 $160,400 $30,400 $130,000
2023 $1,679 $137,600 $31,000 $106,600
2022 $1,679 $132,100 $31,000 $101,100
2021 $1,494 $118,300 $15,500 $102,800
2020 $1,376 $109,700 $15,500 $94,200
2019 $1,394 $103,900 $15,500 $88,400
2018 $1,436 $100,100 $15,500 $84,600
2017 $1,458 $93,600 $15,500 $78,100
2016 $1,268 $91,100 $15,500 $75,600
2014 $731 $75,600 $15,500 $60,100
2013 $709 $75,600 $15,500 $60,100
Source: Public Records

Agents Affiliated with this Home

  • Dino Koutropoulos

    Seller's Agent in 2017

    Dino Koutropoulos

    Turn Key Realty, LLC

    (219) 595-2005

    3 in this area

    41 Total Sales

    Dino Koutropoulos
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR419458

Northwest Indiana Association of REALTORS®

APN: 45-03-06-306-013.000-023

Indiana Lake County Whiting 46394

1408 Lake Ave, Whiting, IN

This home is located at 1408 Lake Ave, Whiting, IN 46394 since 29 July 2017 and is currently estimated at $194,566, approximately $221 per square foot. This property was built in 1924. 1408 Lake Ave is a home located in Lake County with nearby schools including Benjamin Franklin Elementary School, Eggers Middle School, and Hammond High 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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