NOT LISTED FOR SALE

1424 Camellia Dr Munster, IN 46321

Estimated Value: $607,000 - $647,000

9 Beds
5 Baths
4,428 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $385,000 $87 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,336/month

14 Days on Market

Highlights

  • Deck
  • Balcony
  • Patio
  • Munster High School Rated A+
  • 4 Car Garage
  • Outdoor Storage

About This Home

As of October 2016

Great investment opportunity in prime Munster location. Building features one 3 bedroom, 2 bath unit and three 2 bedroom, 1 bath units. Basement has storage units, finished common entertainment area, and coin-op laundry. Some units completely remodeled and most have had numerous updates. Fully rented with long-time tenants. Tenant pays electric and owner pays water, scavenger, and sewer. Pre-approved buyers only.

Last Agent to Sell the Property

Janet Keric

@properties/Christie's Intl RE License #RB14030901 Listed on: 08/28/2016

@properties/Christie's Intl RE

Last Buyer's Agent

Sharae Soto

Duke Real Estate License #RB14031381

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,990

Year Built

  • Built in 1977

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 90 x 200

Parking

  • 4 Car Garage
  • Off-Street Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 4,428 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 9 Bedrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Listing and Financial Details

  • Total Actual Rent $42,600
  • Tenant pays for electricity
  • The owner pays for sewer, water
  • Assessor Parcel Number 450730479005000027

Community Details

Overview

  • 4 Units
  • Fairmeadow Add 28 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $900
  • Insurance Expense $2,500
  • Water Sewer Expense $1,450
  • New Taxes Expense $9,646
  • Net Operating Income $28,104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,990

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Year Built: 1977
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: Common Area
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Fairmeadow Add 28
  • Garage Yn: Yes
  • WaterExpense: 1450.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 9
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony, Storage
  • Acres: 0.413
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Munster

Lot Info

  • Lot Dimensions: 90 x 200
  • Lot Size Sq Ft: 17990
  • Parcel #: 450730479005000027

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 900
  • Insurance Expense: 2500
  • Total Actual Rent: 42600

Tax Info

  • New Taxes Expense: 9646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Chalice Properties Llc
Bought by
Gna Property Group Llc and Ratic
Current Estimated Value
$627,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$468,858
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$158,142

Purchase Details

Listed on
Aug 28, 2016
Closed on
Oct 3, 2016
Sold by
Ogrizovich Michael and Ogrizovich Sonja
Bought by
Chalice Properties Llc
Seller's Agent
Janet Keric
@properties/Christie's Intl RE
Buyer's Agent
Sharae Soto
Duke Real Estate
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
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
Gna Property Group Llc -- Meridian Title
Gna Property Group Llc -- Meridian Title
Chalice Properties Llc -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gna Property Group Llc $550,000
Closed Gna Property Group Llc $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2016 10/03/16 Sold $385,000 0.0% $87 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/28/2016 08/28/16 For Sale $385,000 -- $87 / 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 $11,990 $455,800 $104,400 $351,400
2023 $10,168 $392,200 $104,400 $287,800
2022 $10,165 $390,500 $100,400 $290,100
2021 $9,668 $369,800 $100,400 $269,400
2020 $9,692 $369,800 $100,400 $269,400
2019 $9,938 $382,700 $100,400 $282,300
2018 $11,490 $382,400 $100,400 $282,000
2017 $11,619 $385,900 $100,400 $285,500
2016 $9,199 $317,000 $66,900 $250,100
2014 $10,311 $353,400 $95,900 $257,500
2013 $9,969 $348,500 $95,900 $252,600
Source: Public Records

Agents Affiliated with this Home

  • Janet Keric

    Seller's Agent in 2016

    Janet Keric

    @ Properties

    (219) 629-5200

    5 in this area

    74 Total Sales

    Janet Keric
    Section Image

  • S

    Buyer's Agent in 2016

    Sharae Soto

    Duke Real Estate

    (219) 313-3911

    13 in this area

    36 Total Sales

    Sharae Soto
    Section Image
  • Ruben Soto

    Buyer Co-Listing Agent in 2016

    Ruben Soto

    Duke Real Estate

    (219) 313-3912

    13 in this area

    36 Total Sales

    Ruben Soto
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 399262

Northwest Indiana Association of REALTORS®

APN: 45-07-30-479-005.000-027

Indiana Lake County Munster 46321

1424 Camellia Dr, Munster, IN

This home is located at 1424 Camellia Dr, Munster, IN 46321 since 28 August 2016 and is currently estimated at $627,000, approximately $141 per square foot. This property was built in 1977. 1424 Camellia Dr is a home located in Lake County with nearby schools including Munster High School and St. Thomas More 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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