NOT LISTED FOR SALE

1635 Roberts Ave Whiting, IN 46394

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

Sale Details

Date Sold: January 31, 2025

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

Highlights

  • Gated Community
  • Courtyard
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Landscaped

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

Prestige Real Estate LLC License #RB17000988 Listed on: 01/30/2025

Prestige Real Estate LLC

Last Buyer's Agent

Manny Hernandez

Simplify Your Move! Realty Inc License #RB14050711

Simplify Your Move! Realty Inc
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 9,187 Sq Ft Lot
  • Landscaped

Parking

  • 2.5 Car Garage

Interior Spaces

  • 4,752 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 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

Additional Features

  • Courtyard
  • City Lot

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

Apartment

Year Built

Built in 1926 | Remodeled

Lot Details

9,187 Sq Ft Lot

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: MultiFamily

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Dec 19, 2024
Sold by
G & A Consolidated Llc
Bought by
Seller's Agent
Adrien Chabot
Prestige Real Estate LLC
Buyer's Agent
Manny Hernandez
Simplify Your Move! Realty Inc
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2022
Sold by
Spring Harbor Llc
Bought by
G & A Consolidated Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2020
Sold by
2251 Property Management Llc
Bought by
Sping Harbor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 30, 2015
Sold by
1637 Roberts Ave Llc
Bought by
2251 Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Whiting, IN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Greater Indiana Title Company
G & A Consolidated Llc -- Chicago Title
Sping Harbor Llc -- None Available
2251 Property Management Llc -- Greater Indiana Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner -- $348,750
Previous Owner G & A Consolidated Llc $306,000
Previous Owner Sping Harbor Llc $225,000
Previous Owner 2251 Property Management Llc $240,000
Previous Owner 2251 Property Llc $109,000
Previous Owner 2251 Property Management Llc $118,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,459 $383,700 $27,500 $356,200
2024 $19,061 $402,000 $27,500 $374,500
2023 $8,106 $398,800 $27,500 $371,300
2022 $8,106 $302,500 $26,300 $276,200
2021 $7,660 $282,600 $26,300 $256,300
2020 $4,583 $167,900 $7,500 $160,400
2019 $4,984 $153,100 $7,500 $145,600
2018 $4,827 $151,700 $7,500 $144,200
2017 $5,395 $148,200 $7,500 $140,700
2016 $5,376 $172,600 $7,500 $165,100
2014 $5,304 $170,400 $7,600 $162,800
2013 $5,003 $169,700 $7,600 $162,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 815598

Northwest Indiana Association of REALTORS®

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

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