NOT LISTED FOR SALE

1509 Fred St Whiting, IN 46394

Estimated Value: $188,000 - $210,626

4 Beds
2 Baths
1,764 Sq Ft
$113/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $197,000 $112 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,299/month

4 Days on Market

Highlights

  • Deck
  • 1.5 Car Detached Garage
  • Outdoor Storage
  • Wood Flooring
  • Patio
  • Fenced

About This Home

As of November 2023

OPPORTUNITY KNOCKS - TURN-KEY, 2-Unit Building offers TWO, 2Bdrm Units in PRIME WHITING LOCATION, Blocks from Lake Michigan, Beaches, & Historic Downtown, while being ONLY 30 MINUTES from CHICAGO LOOP! COMPLETELY RENOVATED Upper-Level Unit offers Luxury Vinyl Plank Flrng, which flows through Living Rm, Formal DR, Kitchen, & 2Bdrms - PERFECT OWNER'S UNIT! BRAND NEW KITCHEN comes equipped w/ SS Applcs, LARGE W-I Pantry, & Sleek Cabinetry. Bath features Easy-clean Tub Surround, NEW FIXTURES, & MODERN Vanity. Main Flr Unit also has 2Bdrms and features ORIGINAL HARDWOOD Flrng and Trim. Main Flr Kitchen offers Wood Laminate Flrng, Ample Cabinetry, & Access to Enclosed Porch. Storage Rm w/ Mechanicals has Washer/Dryer w/ Separate Access from Both Units. FENCED BACKYARD has 1.5 Car Garage. MANY POSSIBILITIES w/ Both Units currently Vacant for NEW OWNER to choose Tenants or live in One Unit, while renting 2nd Unit to pay Mortgage! New HWHs, Separate Gas/Electric Meters, & Vinyl-sided Exterior.

Last Agent to Sell the Property

Lisa Thompson

@properties/Christie's Intl RE License #RB14031377 Listed on: 10/19/2023

@properties/Christie's Intl RE

Last Buyer's Agent

Christina Fieldhouse

@properties/Christie's Intl RE License #RB14050140

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,753

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 123
  • Fenced

Parking

  • 1.5 Car Detached Garage

Interior Spaces

  • 1,764 Sq Ft Home
  • Elevator

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Nathan Hale Elementary School
  • Whiting High School

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 450307282022000025

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • New Taxes Expense $2,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,753

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Common Area
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: None
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Flooring: Hardwood, Luxury Vinyl, Tile
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Fencing: Fenced
  • Acres: 0.07
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Whiting

Lot Info

  • Lot Dimensions: 25 x 123
  • Lot Size Sq Ft: 3049
  • ResoLotSizeUnits: Acres
  • Parcel #: 450307282022000025
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 2528

MLS Schools

  • HighSchool: Whiting High School
  • Elementary School: Nathan Hale Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Dec 27, 2023
Sold by
Fastert Michael
Bought by
Pelham Investment Group Llc
Seller's Agent
Lisa Thompson
@properties/Christie's Intl RE
Buyer's Agent
Christina Fieldhouse
@properties/Christie's Intl RE
List Price
$189,900
Sold Price
$197,000
Premium/Discount to List
$7,100
3.74%
Views
83
Current Estimated Value
$199,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,157
Avg. Annual Appreciation
-2.05%
Original Mortgage
$147,750
Outstanding Balance
$145,936
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$44,457

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 20, 2023
Sold by
Jakubowski Eric E
Bought by
Fastert Michael
Seller's Agent
Lisa Thompson
@properties/Christie's Intl RE
Buyer's Agent
Christina Fieldhouse
@properties/Christie's Intl RE
List Price
$189,900
Sold Price
$197,000
Premium/Discount to List
$7,100
3.74%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Outstanding Balance
$145,936
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$44,457
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 Buyer Sale Price Title Company
Pelham Investment Group Llc -- None Listed On Document
Fastert Michael $197,000 Proper Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fastert Michael $147,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $197,000 -1.5% $112 / Sq Ft
10/23/2023 10/23/23 Price Changed $199,900 +5.3% $113 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $189,900 -- $108 / 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 $6,753 $187,600 $22,200 $165,400
2023 $3,069 $153,300 $22,200 $131,100
2022 $2,229 $126,300 $22,200 $104,100
2021 $2,229 $114,200 $13,100 $101,100
2020 $2,229 $111,300 $13,100 $98,200
2019 $2,051 $102,400 $13,100 $89,300
2018 $1,991 $98,800 $13,100 $85,700
2017 $1,937 $96,100 $13,100 $83,000
2016 $1,749 $93,000 $13,100 $79,900
2014 $1,737 $81,000 $13,100 $67,900
2013 $1,726 $80,300 $13,100 $67,200
Source: Public Records

Agents Affiliated with this Home

  • Lisa Thompson

    Seller's Agent in 2023

    Lisa Thompson

    @ Properties

    (219) 617-5884

    18 in this area

    665 Total Sales

    Lisa Thompson
    Section Image
  • Christina Fieldhouse

    Buyer's Agent in 2023

    Christina Fieldhouse

    @ Properties

    (219) 713-9244

    5 in this area

    197 Total Sales

    Christina Fieldhouse
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 540340

Northwest Indiana Association of REALTORS®

APN: 45-03-07-282-022.000-025

Indiana Lake County Whiting 46394

1509 Fred St, Whiting, IN

This home is located at 1509 Fred St, Whiting, IN 46394 since 19 October 2023 and is currently estimated at $199,157, approximately $112 per square foot. This property was built in 1900. 1509 Fred St is a home located in Lake County with nearby schools including Nathan Hale Elementary School, Whiting Middle School, and Whiting High 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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