$247,500
SOLD AUG 7, 2024
4 Beds
2 Baths
1,760 Sq Ft
0.6 Acres

Recently Sold

$141 Per Sq Ft

13% Below List Price

93 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

As of August 2024

Perfect chance to own this turnkey duplex located near the Griffith airport and the Oak Ridge Prairie Nature Preserve. Each of the units feature two bedrooms, a full bathroom, living room, kitchen, and a utility room with laundry hook ups. Both sides are currently vacant and ready to rent. Tenants cover all their own utilities; Landlord covers garbage service.

Last Agent to Sell the Property

Drake Phillips

Realest.com License #RB22000840 Listed on: 03/26/2024

Last Buyer's Agent

Drake Phillips

Realest.com License #RB22000840 Listed on: 03/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 1960

Lot Details

  • 0.6 Acre Lot
  • Property fronts a private road

Home Design

  • Block Foundation

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • No Utilities
  • Well

Listing and Financial Details

  • Tenant pays for electricity, water, gas
  • The owner pays for trash collection
  • Rent includes sewer, trash collection
  • Assessor Parcel Number 45-08-31-355-003.000-001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,111

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NRA1717
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 1760
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Gas Oven, Free-Standing Refrigerator
  • Interior Amenities: Ceiling Fan(s), Pantry, Laminate Counters, Eat-in Kitchen
  • Basement: Crawl Space, Sump Pump, Unfinished, Dirt Floor
  • Flooring: Laminate, Vinyl, Linoleum
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Entrance, Rain Gutters, Private Yard
  • Fencing: None
  • Acres: 0.596
  • Waterfront: No
  • Foundation Details: Block
  • Patio And Porch Features: None

Garage/Parking

  • Parking Features: Additional Parking, Gravel

Utilities

  • Sewer: Septic Tank
  • Utilities: None
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • HOA Rent Includes: Sewer, Trash Collection
  • Association: No

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Size Sq Ft: 25961.76
  • Parcel #: 45-08-31-355-003.000-001

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Water, Gas
  • Owner Pays: Other, Trash Collection

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1110.6

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Aug 2, 2024
Sold by
Kotyuk Nicholas Adam
Bought by
Greenco Holdings Llc
Seller's Agent
Drake Phillips
Realest.com
Buyer's Agent
Drake Phillips
Realest.com
List Price
$285,000
Sold Price
$247,500
Premium/Discount to List
-$37,500
-13.16%
Views
499
Current Estimated Value
$257,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,111
Avg. Annual Appreciation
2.84%
Original Mortgage
$180,000
Outstanding Balance
$178,762
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$75,122

Purchase Details

Closed on
Aug 10, 2023
Sold by
Poole Nathan J
Bought by
Kotyuk Nicholas Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2015
Sold by
V3 Properites Llc
Bought by
Poole Nathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,732
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2013
Sold by
Vermeulen H Michael H and Vermeulen Derek
Bought by
V3 Properties Llc

Purchase Details

Closed on
Aug 14, 2012
Sold by
Zemaitis Noel W and Zemaitis Rebekah R
Bought by
Vermeulen H Michael H and Vermeulen Derek
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $247,500 Fidelity National Title
Warranty Deed $239,000 Chicago Title
Warranty Deed -- Meridian Title Corp
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Previous Owner $199,000 New Conventional
Previous Owner $90,000 New Conventional
Previous Owner $68,732 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $247,500 -2.9% $141 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $255,000 -3.8% $145 / Sq Ft
05/20/2024 05/20/24 Price Changed $265,000 -3.6% $151 / Sq Ft
04/17/2024 04/17/24 Price Changed $275,000 -3.5% $156 / Sq Ft
03/30/2024 03/30/24 For Sale $285,000 -- $162 / 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 $4,345 $214,900 $21,200 $193,700
2023 $1,960 $102,000 $21,200 $80,800
2022 $1,960 $98,000 $16,700 $81,300
2021 $501 $16,700 $16,700 $0
2020 $1,930 $96,500 $16,700 $79,800
2019 $1,979 $94,400 $16,000 $78,400
2018 $2,457 $83,700 $15,200 $68,500
2017 $1,071 $63,900 $15,200 $48,700
2016 $1,177 $64,800 $14,900 $49,900
2014 $3,183 $108,900 $15,200 $93,700
2013 $3,222 $115,100 $15,200 $99,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 801319

Northwest Indiana Association of REALTORS®

APN: 45-08-31-355-003.000-001