$15,500
SOLD SEP 11, 2013

15 Lincoln Ave New Chicago, IN 46342

4 Beds
2 Baths
1,403 Sq Ft
0.28 Acres

Recently Sold

$11 Per Sq Ft

10 Days on Market

About This Home

As of February 2020

Great New Price! Duplex on a Corner Lot. Each unit has 2 bedrooms and 1 bath. The wall dviding the units had been removed. Convenient commuter location close to Ridge Road. Property sits on 4 lots. Your TLC will make this home shine again. This is a Fannie Mae homepath property!

Last Agent to Sell the Property

Michele O'Connor

RE/MAX 10 Schererville License #RB14048805 Listed on: 08/02/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot

Home Design

  • 1,403 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 450919302004000022

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR1102
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: NONE
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.28

Garage/Parking

  • Parking Features: None

Schools

  • Junior High Dist: River Forest

Lot Info

  • Lot Size Sq Ft: 12197
  • Parcel #: 450919302004000022

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Feb 6, 2020
Sold by
Boerman Construction Inc
Bought by
Tunnel View Llc
Seller's Agent
David Speckman
RE/MAX Realty Associates
List Price
$107,500
Sold Price
$107,500
Current Estimated Value
$167,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,352
Avg. Annual Appreciation
6.86%
Original Mortgage
$67,200
Outstanding Balance
$48,135
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
$107,623

Purchase Details

Listed on
Aug 2, 2013
Closed on
Sep 10, 2013
Sold by
Fannie Mae
Bought by
Boerman Construction Inc
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
List Price
$15,500
Sold Price
$15,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.27%

Purchase Details

Closed on
Jan 16, 2013
Sold by
Bank Of America N A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 7, 2012
Sold by
Beaver Michael J
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 21, 2005
Sold by
Estate Of Virginia H Finco
Bought by
Squires John P and Squires Michael D
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 Type Sale Price Title Company
Warranty Deed -- Chicago Title Company Llc
Special Warranty Deed -- Hold For Meridian Title Corp
Limited Warranty Deed -- None Available
Sheriffs Deed $66,262 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $107,500 0.0% $77 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
10/28/2019 10/28/19 For Sale $107,500 +593.5% $77 / Sq Ft
09/11/2013 09/11/13 Sold $15,500 0.0% $11 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $15,500 -- $11 / 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 $5,328 $130,900 $27,300 $103,600
2023 $3,563 $123,900 $32,600 $91,300
2022 $3,563 $111,700 $22,400 $89,300
2021 $3,193 $100,100 $18,600 $81,500
2020 $2,373 $76,800 $18,600 $58,200
2019 $2,298 $72,900 $18,600 $54,300
2018 $2,200 $70,500 $18,600 $51,900
2017 $2,212 $69,800 $18,600 $51,200
2016 $2,269 $70,700 $18,600 $52,100
2014 $1,654 $57,400 $4,900 $52,500
2013 $1,681 $57,800 $4,900 $52,900
Source: Public Records

Agents Affiliated with this Home

  • David Speckman

    Seller's Agent in 2020

    David Speckman

    RE/MAX

    (219) 746-3416

    67 Total Sales

    David Speckman
    Section Image

  • M

    Seller's Agent in 2013

    Michele O'Connor

    RE/MAX

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR334090

Northwest Indiana Association of REALTORS®

APN: 45-09-19-302-004.000-022

Indiana Lake County New Chicago 46342

15 Lincoln Ave, New Chicago, IN

This home is located at 15 Lincoln Ave, New Chicago, IN 46342 and is currently priced at $15,500, approximately $11 per square foot. This property was built in 1971. 15 Lincoln Ave is a home located in Lake County with nearby schools including River Forest Jr-Sr High School and Hobart Baptist 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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