NOT LISTED FOR SALE

147 Washington St Lowell, IN 46356

Cedar Creek Neighborhood

Estimated Value: $228,200 - $256,000

2 Beds
2 Baths
1,406 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $125,000 $89 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,624/month

29 Days on Market

Highlights

  • Deck
  • Detached Garage
  • Patio
  • Lowell Senior High School Rated 9+
  • Porch
  • 1-minute walk to William R. Nassau Park

About This Home

As of May 2018

A well maintained, 2 story home in downtown Lowell ready for its next investor. Strong historical occupancy with below market rents. This home offers two- 1 bedroom units with living room and kitchen. Lower unit has laundry. Deep lot with plenty of space for parking. Tenant currently pays all utilities. Seller also has neighboring home for sale at 141 Washington Street.

Last Agent to Sell the Property

Jana Caudill

eXp Realty, LLC License #RB14024542 Listed on: 02/14/2018

eXp Realty, LLC

Last Buyer's Agent

Joe Moke

Weichert, Realtors-Moke Agency License #RB14023373

Weichert, Realtors-Moke Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 58x264

Interior Spaces

  • 1,406 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Total Actual Rent $14,100
  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 451923384001000008

Community Details

Overview

  • 2 Units
  • H J Nichols Add Subdivision

Building Details

  • Insurance Expense $945
  • New Taxes Expense $2,799
  • Net Operating Income $9,855

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1910
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Co List Office Mls Id: NRA1732
  • Subdivision Name: H J Nichols Add
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement: Crawl Space, Partial
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.352
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: Detached, Off Street

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: None

Schools

  • Junior High Dist: Tri-Creek

Lot Info

  • Lot Dimensions: 58x264
  • Lot Size Sq Ft: 15333
  • Parcel #: 451923384001000008

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 945
  • Total Actual Rent: 14100

Tax Info

  • New Taxes Expense: 2799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 4, 2018
Sold by
Reed Daniel T and Reed Betty D
Bought by
Reitsma Zacharie J
Seller's Agent
Jana Caudill
eXp Realty, LLC
Buyer's Agent
Joe Moke
Weichert, Realtors-Moke Agency
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$239,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,050
Avg. Annual Appreciation
8.58%
Original Mortgage
$101,250
Outstanding Balance
$86,698
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$152,352

Purchase Details

Closed on
Dec 28, 2007
Sold by
Reed Daniel T and Reed Betty D
Bought by
Reed Daniel T and Reed Betty D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reitsma Zacharie J -- Chicago Title Insurance Co
Reed Daniel T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reitsma Zacharie J $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $125,000 0.0% $89 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $125,000 -- $89 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $4,392 $235,700 $30,500 $205,200
2024 $5,710 $229,700 $30,500 $199,200
2023 $4,308 $215,400 $30,500 $184,900
2022 $4,038 $201,900 $30,500 $171,400
2021 $3,106 $155,300 $24,900 $130,400
2020 $3,042 $152,100 $24,900 $127,200
2019 $3,008 $146,200 $24,900 $121,300
2018 $3,298 $140,400 $24,900 $115,500
2017 $3,015 $120,900 $15,500 $105,400
2016 $2,799 $118,100 $15,500 $102,600
2014 $2,606 $109,800 $15,500 $94,300
2013 $2,608 $104,800 $15,500 $89,300
Source: Public Records

Agents Affiliated with this Home

  • Jana Caudill

    Seller's Agent in 2018

    Jana Caudill

    eXp Realty, LLC

    (239) 250-9977

    16 in this area

    672 Total Sales

    Jana Caudill
    Section Image
  • Joe Moke

    Buyer's Agent in 2018

    Joe Moke

    Weichert, Realtors-Moke Agency

    (219) 808-2400

    2 in this area

    116 Total Sales

    Joe Moke
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 429316

Northwest Indiana Association of REALTORS®

APN: 45-19-23-384-001.000-008

Indiana Lake County Lowell 46356 Cedar Creek

147 Washington St, Lowell, IN

Not Listed for Sale

MultiFamily

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® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.