NOT LISTED FOR SALE

1517 121st St Whiting, IN 46394

Estimated Value: $168,000 - $240,000

5 Beds
3 Baths
2,300 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $165,000 $72 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,353/month

105 Days on Market

About This Home

As of August 2023

Two apartments plus studio apartment in this large home where the previous owner lived for 5 decades. This home features a 2-bedroom main floor front apartment and a 2-bedroom rear apartment plus a second floor rear studio apartment. Can be used for 3-unit income or a large home or individual related living apartments.Owner has improved the building with some painting and newer roofs and vinyl replacementwindows pluselectrical upgrades.Includes 2 car garage with newer roof, over-head door and opener. Close to schools, shopping, lakefront and beaches. Chicago loop only 25 minutes via Chicago Skyway. South Shore and CTA trains only minutes away. Priced right which makes a Great opportunity for the investor or owner occupied. Live in one and let the rentals make your payment. Call today for your appointment to see this property.

Last Agent to Sell the Property

Albert Minniti

Albert W. Minniti Real Estate Brokerage Phone: 219-433-9800 License #RB14005785 Listed on: 02/17/2023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,806

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1923
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Laundry/Some Units, Porch
  • Co List Office Mls Id: GNR120
  • Subdivision Name: Smith & Baders
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-433-9800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.0723

Garage/Parking

  • Parking Features: Detached, Garage Door Opener

Lot Info

  • Lot Size Sq Ft: 3150
  • Parcel #: 450307284031000025

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Aug 30, 2023
Sold by
Lusebrink Renee Marie
Bought by
Jamieson Gregory Allen
Seller's Agent
Albert Minniti
Albert W. Minniti Real Estate
List Price
$169,500
Sold Price
$165,000
Premium/Discount to List
-$4,500
-2.65%
Current Estimated Value
$207,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,394
Avg. Annual Appreciation
13.16%
Original Mortgage
$123,750
Outstanding Balance
$121,409
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$86,512

Purchase Details

Closed on
Oct 14, 2022
Sold by
Lusebrink Catherine M
Bought by
Lusebrink Catherine M and Lusebrink Renee Marie

Purchase Details

Closed on
Dec 31, 2019
Sold by
Lusebrink Catherine M and Lusebrink John Patrick
Bought by
Lusebrink Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.42%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 23, 2019
Sold by
Lusebrink Catherine M and Lusebrink John Patrick
Bought by
Lusebrink Catherine M and Lusebrink John Patrick
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
Jamieson Gregory Allen $165,000 Chicago Title Insurance Compan
Lusebrink Catherine M -- None Listed On Document
Lusebrink Catherine M -- None Available
Lusebrink Catherine M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamieson Gregory Allen $123,750
Previous Owner Lusebrink Catherine M $180,000
Previous Owner Lusebrink Catherine M $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,250 -- --
10/07/2024 10/07/24 For Rent $1,250 0.0% --
08/31/2023 08/31/23 Sold $165,000 -2.7% $72 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $169,500 -- $74 / 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 $7,806 $189,600 $22,700 $166,900
2023 $1,417 $177,200 $22,700 $154,500
2022 $1,417 $137,600 $22,700 $114,900
2021 $1,352 $124,700 $13,400 $111,300
2020 $1,268 $117,800 $13,400 $104,400
2019 $1,150 $108,100 $13,400 $94,700
2018 $1,103 $104,000 $13,400 $90,600
2017 $1,064 $100,800 $13,400 $87,400
2016 $1,026 $97,500 $13,400 $84,100
2014 $988 $90,300 $13,400 $76,900
2013 $979 $89,600 $13,400 $76,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Albert Minniti

    Albert W. Minniti Real Estate

    (219) 659-7413

    12 in this area

    16 Total Sales

    Albert Minniti
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR526299

Northwest Indiana Association of REALTORS®

APN: 45-03-07-284-031.000-025

Indiana Lake County Whiting 46394

1517 121st St, Whiting, IN

This home is located at 1517 121st St, Whiting, IN 46394 since 17 February 2023 and is currently estimated at $207,394, approximately $90 per square foot. This property was built in 1923. 1517 121st 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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