NOT LISTED FOR SALE

1508 W Porter Ave Chesterton, IN 46304

Estimated Value: $293,000 - $315,000

5 Beds
2 Baths
3,222 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 27, 2022

Last sale price $250,000 $78 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,876/month

29 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Porch
  • Bailly Elementary School Rated A-
  • 3 Car Detached Garage
  • Wet Bar

About This Home

As of December 2022

SO MUCH TO OFFER!!Chesterton home with over 3000 sq ft of living space features 5 bedrooms, a heated 3 car garage with up to 6 additional parking spots outside, a 10x15 storage shed and 2 lots! The living and dining rooms are spacious with lots of natural light. There are 3 bedrooms and a laundry room on the main floor. Upstairs boasts 2 large bedrooms with built-in shelves and double closets. UPDATES INCLUDE: Newer A/C/Furnace, Roof, Hot Water Heater, and some Vinyl Flooring in dining room. Full basement with Wet bar, Rec room, Living room, a second Laundry room and a workshop with shelves and storage. ESTATE SALE. Sold As Is.

Last Agent to Sell the Property

Shawna Burcham

Dunes Realty, LLC License #RB14044265 Listed on: 10/13/2022

Last Buyer's Agent

Matthew Salgado

Realty Executives Premier License #RB21000764

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 1940

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 125x125
  • Fenced
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Natural lighting in basement

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Chesterton Middle School
  • Chesterton Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 640335486009000023

Community Details

Overview

  • No Home Owners Association
  • Chgo Porter Home Inv Co 1St Add Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,275

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Corner Lot, Level, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1162
  • Subdivision Name: Chgo Porter Home Inv Co 1st Add
  • Above Grade Finished Sq Ft: 2110
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Range, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs, Wet Bar
  • Basement: Daylight, Sump Pump
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1112
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.359
  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Garage Door Opener, Heated Garage, Off Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Schools

  • Middle Or Junior School: Chesterton Middle School

Lot Info

  • Lot Dimensions: 125x125
  • Lot Size Sq Ft: 15638
  • Parcel #: 640335486009000023
  • Zoning Description: Residential

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2275

MLS Schools

  • HighSchool: Chesterton Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Dec 27, 2022
Sold by
Lorenz Daniel L
Bought by
Milosavljevic Danielle N and Meade Nicole L
Seller's Agent
Shawna Burcham
Dunes Realty, LLC
Buyer's Agent
Matthew Salgado
Realty Executives Premier
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$302,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,438
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Aug 14, 2018
Sold by
Lorenz Marlene A and The Donald A Lorenz Trust No 1
Bought by
Lorenz Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Milosavljevic Danielle N -- --
Lorenz Daniel L -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenz Daniel L $100,000
Previous Owner Lorenz Donald L $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold $250,000 -5.7% $78 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $265,000 -- $82 / 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 $2,741 $268,500 $58,500 $210,000
2023 $2,495 $244,800 $52,200 $192,600
2022 $2,475 $223,700 $52,200 $171,500
2021 $2,276 $204,700 $52,200 $152,500
2020 $2,252 $202,600 $50,000 $152,600
2019 $1,765 $197,400 $50,000 $147,400
2018 $1,723 $195,800 $50,000 $145,800
2017 $1,507 $187,700 $50,000 $137,700
2016 $1,549 $195,100 $54,000 $141,100
2014 $1,488 $181,800 $50,600 $131,200
2013 -- $173,500 $51,200 $122,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 520701

Northwest Indiana Association of REALTORS®

APN: 64-03-35-486-009.000-023