NOT LISTED FOR SALE

1510 170th St Hammond, IN 46324

Estimated Value: $197,009 - $233,000

4 Beds
2 Baths
1,728 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $115,000 $67 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,309/month

47 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Carpet

About This Home

As of August 2018

Nicely updated 2 unit in quiet Woodmar neighborhood very close to Purdue University. Great income property, or live in one unit and lease the second unit. Can also be used for related living. Each unit has separate utilities, with it's own furnace/AC and water heater. Lower level has a common laundry room. Both furnaces replaced in 2013. One hot water heater replaced in 2017 and one in 2013. Many cosmetic upgrades in both units including painting and flooring, and the outside has new landscaping, and misc. touch-ups. Close to schools, shopping, dining and entertainment.

Last Agent to Sell the Property

Teri Oancea

Coldwell Banker Realty License #RB14040343 Listed on: 07/13/2018

Co-Listed By

Rod Oancea

Coldwell Banker Realty License #RB14040342

Last Buyer's Agent

Brittany Wolak

New Chapter Real Estate License #RB18000435

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,127

Year Built

  • Built in 1976

Lot Details

  • 7,623 Sq Ft Lot
  • Lot Dimensions are 49x156

Interior Spaces

  • 1,728 Sq Ft Home
  • Elevator
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Total Actual Rent $18,000
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water

Community Details

Building Details

  • Insurance Expense $980
  • Water Sewer Expense $750
  • New Taxes Expense $2,910
  • Net Operating Income $13,360

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,127

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1976
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Common Area
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NRAgenericoffice
  • Co List Office Mls Id: NRA166
  • Subdivision Name: N/A
  • WaterExpense: 750.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Sump Pump
  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.175
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Lot Dimensions: 49x156
  • Lot Size Sq Ft: 7623

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 980
  • Total Actual Rent: 18000

Tax Info

  • New Taxes Expense: 2910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 29, 2018
Sold by
Porter Jeremiah and Jensen Tara
Bought by
Palmerin Jose C
Seller's Agent
Teri Oancea
Coldwell Banker Realty
Buyer's Agent
Brittany Wolak
New Chapter Real Estate
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$202,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,092
Avg. Annual Appreciation
9.18%
Original Mortgage
$92,000
Outstanding Balance
$59,081
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$152,795

Purchase Details

Listed on
Jun 6, 2011
Closed on
Feb 3, 2012
Sold by
Gresko John E and Blackwell Donna
Bought by
Porter Jeremiah and Jensen Tera
Seller's Agent
John Lopez
McColly Real Estate
Buyer's Agent
Rod Oancea
Coldwell Banker Realty
List Price
$82,900
Sold Price
$82,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$62,175
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2008
Sold by
Great Lakes Title & Trust Company
Bought by
Gresko John E and Blackwell Donna

Purchase Details

Closed on
Oct 16, 2007
Sold by
Gresko Thomas E
Bought by
Great Lakes Title & Trust Co and Trust #101607
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
Palmerin Jose C -- Chicago Title Ins Co
Porter Jeremiah -- Community Title Company
Gresko John E -- None Available
Great Lakes Title & Trust Co -- Great Lakes Title & Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmerin Jose C $50,000
Open Palmerin Jose C $92,000
Previous Owner Porter Jeremiah $62,175
Previous Owner Gresko Thomas E $98,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $115,000 0.0% $67 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $115,000 +38.7% $67 / Sq Ft
02/03/2012 02/03/12 Sold $82,900 0.0% $48 / Sq Ft
01/04/2012 01/04/12 Pending -- -- --
06/06/2011 06/06/11 For Sale $82,900 -- $48 / 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 $7,127 $160,200 $29,400 $130,800
2023 $2,621 $149,100 $29,400 $119,700
2022 $2,487 $142,100 $29,400 $112,700
2021 $2,047 $119,900 $20,900 $99,000
2020 $1,852 $110,700 $20,900 $89,800
2019 $1,930 $104,900 $20,900 $84,000
2018 $1,571 $85,000 $20,900 $64,100
2017 $3,015 $82,700 $20,900 $61,800
2016 $2,543 $80,500 $20,900 $59,600
2014 $2,566 $81,900 $20,900 $61,000
2013 $2,464 $83,100 $20,900 $62,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 438861

Northwest Indiana Association of REALTORS®

APN: 45-07-07-432-010.000-023