NOT LISTED FOR SALE

1462 Fred St Whiting, IN 46394

Estimated Value: $219,114 - $266,000

6 Beds
3 Baths
2,330 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $130,000 $56 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,506/month

89 Days on Market

Highlights

  • Laundry Facilities
  • Community Deck or Porch
  • Community Storage Space

About This Home

As of December 2017

THIS MULTI-UNIT PROPERTY OFERS TWO SEPARATE BUILDINGS, WITH THREE UNITS TOTAL. EACH UNIT HAS 2 BEDROOMS AND 1 FULL BATH. THE MAIN BUILDING ALSO INCLUDES AN ENCLOSED PORCH AND PATIO FOR TENANTS TO ENJOY. THE SECOND BUILDING INCLUDES A PORCH AS WELL. IN ADDITION, THE PROPERTY HAS A FENCED COMMON AREA FOR EVERYONE TO ENJOY. WASHER AND DRYER HOOK-UPS IN EACH UNIT. ALL UNITS ARE CURRENTLY RENTED, SO YOU CAN SEE A RETURN ON YOUR INVESTMENT FROM DAY 1! EACH TENANT HAS BEEN RENTING BETWEEN 5 TO 30 YEARS.

Last Agent to Sell the Property

Todd Krasnow

Jaime-Dawn Ulrich, Broker License #RB14051625 Listed on: 08/07/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1897

Lot Details

  • 4,032 Sq Ft Lot

Home Design

  • 2,330 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450307283020000025

Community Details

Overview

  • 2 Units
  • August Scholzs Add 02 Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities
  • Community Storage Space

Security

  • Fenced around community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,152

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1897
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Fenced Yard, Laundry, Porch, Storage Shed
  • Co List Office Mls Id: GNR1004
  • Subdivision Name: August Scholzs Add 02
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.0926

Garage/Parking

  • Parking Features: None

Schools

  • Junior High Dist: Whiting

Lot Info

  • Lot Size Sq Ft: 4032
  • Parcel #: 450307283020000025

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Dec 4, 2017
Sold by
Smith James D and Smith Shirlay R
Bought by
Kim Kenneth N
Seller's Agent
Todd Krasnow
Jaime-Dawn Ulrich, Broker
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$240,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,279
Avg. Annual Appreciation
8.02%
Original Mortgage
$112,500
Outstanding Balance
$29,301
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$210,978
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
Kim Kenneth N -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Kenneth N $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2017 12/04/17 Sold $130,000 0.0% $56 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $130,000 -- $56 / 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 $8,344 $202,100 $29,000 $173,100
2023 $3,795 $189,400 $29,000 $160,400
2022 $3,370 $168,200 $29,000 $139,200
2021 $3,052 $152,300 $17,200 $135,100
2020 $2,882 $143,800 $17,200 $126,600
2019 $2,647 $132,100 $17,200 $114,900
2018 $2,614 $130,000 $17,200 $112,800
2017 $2,230 $110,800 $17,200 $93,600
2016 $2,159 $107,100 $17,200 $89,900
2014 $2,131 $99,500 $17,100 $82,400
2013 $2,120 $98,800 $17,200 $81,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Todd Krasnow

    Jaime-Dawn Ulrich, Broker

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR420057

Northwest Indiana Association of REALTORS®

APN: 45-03-07-283-020.000-025

Indiana Lake County Whiting 46394

1462 Fred St, Whiting, IN

Not Listed for Sale

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