NOT LISTED FOR SALE

1535 Myrtle Ave Whiting, IN 46394

Whiting Neighborhood

Estimated Value: $176,000 - $212,000

5 Beds
3.5 Baths
2,058 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $188,325 $92 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,309/month

85 Days on Market

About This Home

As of September 2023

Welcome to this meticulously maintained 2-unit income property in a desirable neighborhood. With a modern design and lucrative potential, this turnkey property is perfect for investors seeking additional income.Located near schools, parks, shopping, and transportation options. Easy access to major highways and public transportation. Tenants love the location and these units fill fast.With two income-generating units, this property offers excellent investment potential. The second bathroom in each unit is not normal and residence love this feature. An unfinished basement is prime for extra income with storage options and coin laundry options. High demand in the area ensures a steady cash flow. Long-term appreciation adds to the value.

Last Listed By

Adrien Chabot

Listing Leaders Prestige LLC License #RB17000988 Listed on: 06/22/2023

Listing Leaders Prestige LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1900

Lot Details

  • 2,952 Sq Ft Lot

Home Design

  • 2,058 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • 2 Units
  • Agnes Roberts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450306379013000023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,920

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Co List Office Mls Id: GNR2063
  • Subdivision Name: Agnes Roberts
  • GNR_TotalBathrooms: 3.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.0678

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 2952
  • Parcel #: 450306379013000023

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Sep 11, 2023
Sold by
Trust No 120635
Bought by
Favela Griselda
Seller's Agent
Adrien Chabot
Listing Leaders Prestige LLC
List Price
$199,950
Sold Price
$188,325
Premium/Discount to List
-$11,625
-5.81%
Total Days on Market
85
Views
3
Current Estimated Value
$199,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,625
Avg. Annual Appreciation
3.74%
Original Mortgage
$141,243
Outstanding Balance
$138,880
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$61,070

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 15, 2019
Sold by
Rbmj Real Estate Llc
Bought by
Indiana Land Trust Company and The Provision Of A Trusts
Seller's Agent
Brad Oswald
RE/MAX 10 Schererville
List Price
$138,000
Sold Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$103,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2017
Closed on
Apr 20, 2017
Sold by
Pedi Richard M
Bought by
Rbmj Real Estate Llc
Seller's Agent
Brad Oswald
RE/MAX 10 Schererville
List Price
$107,500
Sold Price
$107,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$86,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 5, 2013
Closed on
Dec 12, 2013
Sold by
Icandy Illinois Llc
Bought by
Pedi Richard M
Seller's Agent
Brian E Rossi
Listing Leaders Northwest
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
May 17, 2012
Sold by
Duhon Lisa S and Pedraza Jacqueline M
Bought by
Icandy Homes Llc

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
Favela Griselda $188,325 Chicago Title Insurance Compan
Indiana Land Trust Company -- Meridian Title Corp
Rbmj Real Estate Llc -- Meridian Title Corp
Pedi Richard M -- Chicago Title Insurance Co
Icandy Homes Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Griselda $141,243
Previous Owner Indiana Land Trust Company $103,500
Previous Owner Rbmj Real Estate Llc $86,000
Previous Owner Galbraith Susan $80,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $188,325 -5.8% $92 / Sq Ft
06/22/2023 06/22/23 For Sale $199,950 +44.9% $97 / Sq Ft
07/15/2019 07/15/19 Sold $138,000 0.0% $67 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $138,000 +28.4% $67 / Sq Ft
04/19/2017 04/19/17 Sold $107,500 0.0% $52 / Sq Ft
04/19/2017 04/19/17 For Sale $107,500 +53.6% $52 / Sq Ft
01/14/2014 01/14/14 Sold $70,000 0.0% $34 / Sq Ft
12/15/2013 12/15/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $70,000 -- $34 / 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 $7,141 $176,100 $21,500 $154,600
2023 $3,827 $149,400 $20,100 $129,300
2022 $3,827 $142,700 $20,100 $122,600
2021 $3,665 $135,100 $10,100 $125,000
2020 $3,505 $128,300 $10,100 $118,200
2019 $3,211 $112,500 $10,100 $102,400
2018 $3,378 $108,100 $10,100 $98,000
2017 $3,768 $105,200 $10,100 $95,100
2016 $2,068 $66,100 $10,100 $56,000
2014 $2,190 $69,900 $10,100 $59,800
2013 $2,073 $69,900 $10,100 $59,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Adrien Chabot

    Listing Leaders Prestige LLC

    (219) 741-0366

    4 in this area

    80 Total Sales

    Adrien Chabot
    Section Image
  • Brad Oswald

    Seller's Agent in 2019

    Brad Oswald

    RE/MAX

    1 in this area

    3 Total Sales

    Brad Oswald
    Section Image
  • Brian E Rossi

    Seller's Agent in 2014

    Brian E Rossi

    Listing Leaders Northwest

    (219) 678-8882

    86 Total Sales

    Brian E Rossi
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR532437

Northwest Indiana Association of REALTORS®

APN: 45-03-06-379-013.000-023

Indiana Lake County Whiting 46394 Whiting

1535 Myrtle Ave, Whiting, IN

Homes for Sale in Whiting, IN

This home is located at 1535 Myrtle Ave, Whiting, IN 46394 since 22 June 2023 and is currently estimated at $199,950, approximately $97 per square foot. This property was built in 1900. 1535 Myrtle Ave is a home located in Lake County with nearby schools including Benjamin Franklin Elementary School, Eggers Middle School, and Hammond 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.