NOT LISTED FOR SALE

1649 Lake Ave Whiting, IN 46394

Estimated Value: $211,000 - $227,000

4 Beds
2 Baths
1,760 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $155,000 $88 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,437/month

13 Days on Market

About This Home

As of August 2019

Turn key 8 Cap 2 unit ready for your portfolio! Both units currently rented. Large amount of updates done in 2017 including: New Roof, New Plumbing, New furnaces and ductwork in both units, Flooring and appliances! Unit #1 pays $800 and is month to month. Unit #2 is $900 and has a lease till May 2020. Both tenants pay for their own heat (Owner only pays water). This one is completely done for you. Keep as a 2 unit rental or do owner occupied and get the taxes reduced. Agent Owned.

Last Agent to Sell the Property

Brad Oswald

RE/MAX 10 Schererville License #RB14045193 Listed on: 07/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1928

Lot Details

  • 6,870 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 1,760 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Roberts Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450306380027000023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,390

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: Roberts Estate
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.1577

Garage/Parking

  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 6870
  • Parcel #: 450306380027000023

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Aug 28, 2019
Sold by
Rbmj Real Estate Llc
Bought by
Long Daniel W
Seller's Agent
Brad Oswald
RE/MAX 10 Schererville
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$220,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,327
Avg. Annual Appreciation
6.40%
Original Mortgage
$139,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 10, 2017
Sold by
Spencer Carol and Cuculich Wayne M
Bought by
Rbmj Ral Estate Llc
Seller's Agent
Melissa Hickey
RE/MAX 10 Schererville
Buyer's Agent
Brad Oswald
RE/MAX 10 Schererville
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.25%
Original Mortgage
$176,000
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2013
Sold by
Cuculich Wayne M
Bought by
Spencer Carol and Cuculich Wayne M
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
Long Daniel W -- Fidelity National Title Co
Rbmj Ral Estate Llc -- Fidelity National Title Co
Spencer Carol -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Daniel W $133,600
Closed Long Daniel W $139,500
Previous Owner Rbmj Ral Estate Llc $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $155,000 0.0% $88 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $155,000 +40.9% $88 / Sq Ft
10/18/2017 10/18/17 Sold $110,000 0.0% $63 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $110,000 -- $63 / 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 $8,269 $198,000 $41,000 $157,000
2023 $3,127 $173,000 $30,600 $142,400
2022 $2,983 $165,700 $30,600 $135,100
2021 $2,855 $153,500 $15,300 $138,200
2020 $2,677 $145,800 $15,300 $130,500
2019 $1,539 $113,000 $15,300 $97,700
2018 $3,390 $108,700 $15,300 $93,400
2017 $3,779 $105,700 $15,300 $90,400
2016 $3,170 $102,700 $15,300 $87,400
2014 $3,168 $102,200 $15,300 $86,900
2013 $2,998 $102,100 $15,300 $86,800
Source: Public Records

Agents Affiliated with this Home

  • Brad Oswald

    Seller's Agent in 2019

    Brad Oswald

    RE/MAX

    (773) 386-1425

    1 in this area

    3 Total Sales

    Brad Oswald
    Section Image
  • Melissa Hickey

    Seller's Agent in 2017

    Melissa Hickey

    RE/MAX

    (219) 670-6562

    46 Total Sales

    Melissa Hickey
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR458984

Northwest Indiana Association of REALTORS®

APN: 45-03-06-380-027.000-023

Indiana Lake County Whiting 46394

1649 Lake Ave, Whiting, IN

This home is located at 1649 Lake Ave, Whiting, IN 46394 since 16 July 2019 and is currently estimated at $220,327, approximately $125 per square foot. This property was built in 1928. 1649 Lake Ave is a home located in Lake County with nearby schools including Benjamin Franklin Elementary School, Eggers Middle School, and Hammond High School.

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