NOT LISTED FOR SALE

1509-1511 Sturdy Rd Valparaiso, IN 46383

Estimated Value: $334,000 - $463,000

6 Beds
6 Baths
3,072 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $285,000 $93 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,875/month

13 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Thomas Jefferson Elementary School Rated A
  • Patio
  • Fenced

About This Home

As of May 2018

A rare find..First time offered. 2 unit duplex in desirable Valparaiso Center Township area built in 1995. Great investment property. Live in one side, rent the other as seller does. Or rent both. Move in ready, which is a plus for a rental property. Each unit has 3 nicely sized bedrooms, master with private full bath. Kitchen complete with all appliances. Tenant pays their own utilities. Dining area has sliding door to deck that has built in benches and a pergola. Second floor laundry with washer and dryer. Fenced in yard, views of park and baseball field. One car attached garage for each unit. Both units are mirror images of each other.

Last Agent to Sell the Property

Valerie Rosenblum

McColly Real Estate License #RB14039624 Listed on: 03/28/2018

McColly Real Estate

Last Buyer's Agent

Thomas Grossman

McColly Real Estate License #RB14045669

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,967

Year Built

  • Built in 1995

Lot Details

  • 9,672 Sq Ft Lot
  • Lot Dimensions are 78x124
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 3,072 Sq Ft Home
  • Elevator
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Total Actual Rent $15,300
  • Tenant pays for electricity, gas, sewer, water
  • The owner pays for electricity, gas, sewer, water

Community Details

Overview

  • 2 Units
  • Jefferson Park Subdivision

Building Details

  • New Taxes Expense $4,004
  • Net Operating Income $15,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,967

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1995
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NRA233
  • Subdivision Name: Jefferson Park
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement: Crawl Space, Sump Pump
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.222
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 2

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

Lot Info

  • Lot Dimensions: 78x124
  • Lot Size Sq Ft: 9672

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 15300

Tax Info

  • New Taxes Expense: 4004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 16, 2018
Sold by
Woods Daniel J and Woods Jennifer K
Bought by
Jarvis Frederick R and Jarvis Cynthia S
Seller's Agent
Valerie Rosenblum
McColly Real Estate
Buyer's Agent
Thomas Grossman
McColly Real Estate
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$386,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,818
Avg. Annual Appreciation
4.19%
Original Mortgage
$231,750
Outstanding Balance
$199,544
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$187,274

Purchase Details

Closed on
Jun 30, 2016
Sold by
Kras Michael J and Kras Kathleen
Bought by
Woods Daniel J and Woods Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Kras Michael J
Bought by
Kras Michael J and Kras Kathleen

Purchase Details

Closed on
Dec 15, 2010
Sold by
Kras Michael J
Bought by
Kras Michael J

Purchase Details

Closed on
Apr 30, 2007
Sold by
Burkman Timothy
Bought by
Kras Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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
Jarvis Frederick R $285,000 Community Title Co
Woods Daniel J $270,000 Fidelity National Title Co
Kras Michael J -- None Available
Kras Michael J -- None Available
Kras Matthew -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarvis Frederick R $231,750
Previous Owner Woods Daniel J $216,000
Previous Owner Kras Matthew $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2018 05/16/18 Sold $285,000 0.0% $93 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $285,000 -- $93 / 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 $9,967 $426,000 $47,000 $379,000
2023 $7,522 $405,000 $43,800 $361,200
2022 $7,482 $304,400 $43,800 $260,600
2021 $6,314 $330,400 $43,800 $286,600
2020 $6,272 $323,200 $39,800 $283,400
2019 $5,160 $267,600 $39,800 $227,800
2018 $4,826 $256,600 $39,800 $216,800
2017 $4,572 $246,800 $39,800 $207,000
2016 $4,004 $234,100 $41,300 $192,800
2014 $3,623 $244,400 $41,100 $203,300
2013 -- $242,000 $43,100 $198,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 431481

Northwest Indiana Association of REALTORS®

APN: 64-10-18-328-018.000-004