NOT LISTED FOR SALE

156 Pine St Valparaiso, IN 46383

4 Beds
4 Baths
2,968 Sq Ft
0.32 Acres

Last Sold April 30, 2015

Last sale price $235,000 $79 Per Sq Ft

18 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Carpet
  • Central Elementary School Rated A

About This Home

As of April 2015

A rare find! 4 unit apartment building in great residential neighborhood in downtown Valparaiso. The seller built in 1974 and it has been in the family and professionally managed since it was built. Excellent rental history for long term tenants. Coin-op laundry on premises, off street parking, newer windows and some equipment upgrades in the last few years. Off street parking lot and room for expansion with adjoining additional half lot on Napoleon Street included. This property is within walking distance to everything that downtown Valparaiso has to offer. This is a great multi-unit opportunity and won't last long.

Last Agent to Sell the Property

Jeffrey Sederberg

Evolution Real Estate Solution License #RB14026305 Listed on: 03/30/2015

Last Buyer's Agent

Jeffrey Sederberg

Evolution Real Estate Solution License #RB14026305 Listed on: 03/30/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.32

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 2,968 Sq Ft Home
  • Elevator
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $28,086
  • Tenant pays for electricity
  • The owner pays for electricity, sewer, water
  • Rent includes water
  • Assessor Parcel Number 640924107003000004

Community Details

Overview

  • 4 Units
  • Powells Add Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $965
  • Insurance Expense $1,913
  • Maintenance Expense $4,677
  • Water Sewer Expense $2,011
  • New Taxes Expense $5,100
  • Gross Income $733
  • Net Operating Income $14,153

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: Common Area
  • Income And Expenses Maintenance Expense: 4677
  • Co List Office Mls Id: NRA804
  • Subdivision Name: Powells Add
  • WaterExpense: 2011.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Acres: 0.318
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Sewer Available
  • Cooling: Central Air, Unit Control
  • Heating: Electric, Forced Air, Unit Control
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: irregular, L shaped
  • Lot Size Sq Ft: 13852
  • Parcel #: 640924107003000004

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 965
  • Annual Gross Income: 732.85
  • Insurance Expense: 1913
  • Total Actual Rent: 28085.97

Tax Info

  • New Taxes Expense: 5100

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $235,000 0.0% $79 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $235,000 -- $79 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Sederberg

    Seller's Agent in 2015

    Jeffrey Sederberg

    Evolution Real Estate Solution

    (219) 929-7840

    18 in this area

    25 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 368495

Northwest Indiana Association of REALTORS®

Indiana Porter County Valparaiso 46383

156 Pine St, Valparaiso, IN

This home is located at 156 Pine St, Valparaiso, IN 46383 since 30 March 2015. This property was built in 1974. 156 Pine St is a home located in Porter County with nearby schools including Central Elementary School, Ben Franklin Middle School, and Valparaiso High School.

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