NOT LISTED FOR SALE

1635 Roberts Ave Whiting, IN 46394

10 Beds
8 Baths
4,752 Sq Ft
9,187 Sq Ft Lot

Last Sold January 31, 2025

Last sale price $465,000 $98 Per Sq Ft

Highlights

  • Gated Community
  • Laundry Room
  • Landscaped
  • No HOA
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of January 2025

Fully occupied turnkey 5 unit in Whiting. A 4 unit brick building in front, a SFH brick building in back, a 3rd structure for your future development, and tons of green space the residents love. Professionally managed with 6 wonderful long-term tenants that take phenomenal care of the property. You better keep the grass cut meticulously with perfect line :) This is one of our easiest properties to manage. Property is grossing over $66K annually and includes coin-op laundry and extra storage. Currently listed at 9.5 cap with room for additional rent growth. Ask your agent for rent roll and financial documents.

Last Agent to Sell the Property

Adrien Chabot

Listing Leaders Prestige LLC License #RB17000988 Listed on: 01/30/2025

Listing Leaders Prestige LLC

Last Buyer's Agent

Manny Hernandez

Simplify Your Move! Realty Inc License #RB14050711

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • Landscaped

Parking

  • 2.5 Car Garage

Interior Spaces

  • 4,752 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Basement

Bedrooms and Bathrooms

  • 10 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $66,000
  • Tenant pays for cable TV, gas, electricity
  • The owner pays for common area maintenance, water, trash collection, taxes, snow removal, sewer, grounds care, gas, exterior maintenance, electricity
  • Assessor Parcel Number 450306382043000023
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Agnes Roberts Sub Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Fuel Expense $3,800
  • Insurance Expense $1,800
  • Trash Expense $1,365
  • Water Sewer Expense $1,952
  • New Taxes Expense $11,400
  • Gross Income $66,000
  • Net Operating Income $45,683

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: Laundry Room, Lower Level
  • ResoLotFeatures: City Lot, Private, Level, Landscaped, Few Trees
  • Road Frontage Type: City Street
  • Co List Office Mls Id: NRA2063
  • Subdivision Name: Agnes Roberts Sub
  • Above Grade Finished Sq Ft: 4752
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • WaterExpense: 1952.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Other
  • Interior Amenities: Ceiling Fan(s), Storage, High Ceilings, Laminate Counters
  • Basement: Unfinished
  • Flooring: Laminate, Tile, Wood, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 10

Exterior Features

  • Exterior Features: Courtyard, Private Yard
  • Acres: 0.2109
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Gated
  • Association: No

Fee Information

  • Annual Fuel Expense: 3800
  • Trash Expense: 1365

Lot Info

  • Lot Size Sq Ft: 9187
  • Additional Parcels: No
  • Parcel #: 450306382043000023

Rental Info

  • Pets Allowed: No
  • Tenant Pays: Cable TV, Gas, Electricity
  • Owner Pays: Common Area Maintenance, Water, Trash Collection, Taxes, Snow Removal, Sewer, Grounds Care, Gas, Exterior Maintenance, Electricity

Tax Info

  • Year: 2023
  • New Taxes Expense: 11400

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 66000
  • Insurance Expense: 1800
  • Total Actual Rent: 66000

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 List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $465,000 -2.1% $98 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $475,000 -- $100 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Adrien Chabot

    Listing Leaders Prestige LLC

    (219) 741-0366

    5 in this area

    93 Total Sales

    Adrien Chabot
    Section Image
  • Manny Hernandez

    Buyer's Agent in 2025

    Manny Hernandez

    Simplify Your Move! Realty Inc

    (219) 613-3567

    7 in this area

    412 Total Sales

    Manny Hernandez
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 815598

Northwest Indiana Association of REALTORS®

APN: 45-03-06-382-015.000-023

Indiana Lake County Whiting 46394

1635 Roberts Ave, Whiting, IN

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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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