NOT LISTED FOR SALE

1748 E 34th Ave Hobart, IN 46342

Estimated Value: $155,000

26 Beds
21 Baths
15,411 Sq Ft
$10/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $773,000 $50 Per Sq Ft

Current estimated payment $974/month

49 Days on Market

About This Home

As of December 2017

Amazing opportunity! This is your chance to own a whole apartment complex! 5 buildings in a row with 21 units. 4 buildings with 4 units and the last has 5 units. There are 16 one bedroom units which rent from $525-575 per month and 5 two-bedroom units which rent from $650-675. About half the tenants have been residents for 3 years or longer. All units have a range, refrigerator, and a/c provided by owner. Tenants pay for their own gas and electric. New windows in 1999 and all buildings had new roofs with a complete tear off in 2001. Don't wait, this one is a money maker! Multiple offers received. Highest and best offers due by October 19th at Noon.

Last Agent to Sell the Property

Amanda Klimczak

Realty Executives Premier License #RB14040620 Listed on: 10/11/2017

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 1.65 Acre Lot

Home Design

  • 15,411 Sq Ft Home

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 21 Full Bathrooms

Parking

  • 21 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Community Details

  • 21 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 450920328017000020

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Laundry
  • Co List Office Mls Id: GNR121
  • Subdivision Name: None
  • GNR_TotalBathrooms: 21
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 21
  • Total Bedrooms: 26

Exterior Features

  • Acres: 1.65

Garage/Parking

  • Open Parking Spaces: 21
  • Parking Features: Off Street, None

Schools

  • Junior High Dist: River Forest

Lot Info

  • Lot Size Sq Ft: 71874
  • ResoLotSizeUnits: Acres
  • Parcel #: 450920328017000020
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 21

Tax Info

  • Tax Annual Amount: 19855

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Dec 29, 2017
Sold by
Ochs Ralph V and Ochs Paul M
Bought by
Tradewinds Services Inc
Seller's Agent
Amanda Klimczak
Realty Executives Premier
List Price
$773,000
Sold Price
$773,000
Current Estimated Value
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$618,000
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
Tradewinds Services Inc -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $773,000 0.0% $50 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $773,000 -- $50 / 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 $8,314 $238,900 $23,600 $215,300
2023 $2,232 $155,200 $23,600 $131,600
2022 $2,232 $174,400 $23,600 $150,800
2021 $1,884 $163,500 $23,600 $139,900
2020 $1,636 $157,400 $23,600 $133,800
2019 $3,622 $171,500 $23,600 $147,900
2018 $5,554 $166,000 $23,600 $142,400
2017 $4,670 $135,300 $23,600 $111,700
2016 $4,556 $129,900 $23,600 $106,300
2014 $3,335 $112,200 $23,600 $88,600
2013 $3,585 $110,800 $23,600 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR423821

Northwest Indiana Association of REALTORS®

APN: 45-09-20-328-017.000-020