$260,000
SOLD FEB 20, 2014
33 Beds
17 Baths
7,500 Sq Ft
2 Acres

Recently Sold

$35 Per Sq Ft

147 Days on Market

Highlights

  • 2 Acre Lot
  • Attached Garage
  • Outdoor Storage

About This Home

As of March 2022

Investor's Dream!! Large single family house and fully owned mobile home park for rentals! Set on 2 wooded acres in rural, unincorporated area, this property feels private & secluded. Licensed for 18 mobile homes, there are currently 15 on the property, mostly rented. ~Owner's house: 3 Bedroom, 2 bath, 1287 sqft brick ranch with basement, attached 3 car garage, enclosed porch, central A/C. ~Mobile Homes: Each seem similar in size, but not confirmed. All on Well & Septic, provided by owner. Tenants pay own propane gas & electric. NOTE: all Sq Footages, #Rooms, #BR's, & #Baths are estimated for entire property. Actual sizes & room counts not calculated or verified -other than lot size). See attachment for rent amounts per mobile home.

Last Agent to Sell the Property

Tom Boyle

McColly Real Estate License #RB14030231 Listed on: 07/17/2013

Last Buyer's Agent

Tom Boyle

McColly Real Estate License #RB14030231 Listed on: 07/17/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Home Design

  • Brick Foundation

Interior Spaces

  • 7,500 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 33 Bedrooms
  • 17 Full Bathrooms

Parking

  • Attached Garage
  • Off-Street Parking

Additional Features

  • Outdoor Storage
  • 2 Acre Lot
  • Well

Listing and Financial Details

  • Total Actual Rent $64,080
  • Assessor Parcel Number 450734426002000001

Community Details

Overview

  • 16 Units

Building Details

  • New Taxes Expense $3,700
  • Net Operating Income $41,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • ResoLotFeatures: Agricultural, Open Lot
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA486
  • Subdivision Name: None
  • Garage Yn: Yes
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 17
  • Total Bedrooms: 33
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Storage
  • Acres: 2
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Parking Features: Attached, None, Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 87120
  • Parcel #: 450734426002000001

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 16
  • Total Actual Rent: 64080

Tax Info

  • New Taxes Expense: 3700

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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
03/21/2022 03/21/22 Sold $210,000 0.0% $111 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $210,000 -19.2% $111 / Sq Ft
02/20/2014 02/20/14 Sold $260,000 0.0% $35 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
07/17/2013 07/17/13 For Sale $260,000 -- $35 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 333041

Northwest Indiana Association of REALTORS®