NOT LISTED FOR SALE

1927 Samuelson Rd Portage, IN 46368

Estimated Value: $220,361 - $250,000

4 Beds
2 Baths
1,852 Sq Ft
$129/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $171,000 $92 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,640/month

11 Days on Market

Highlights

  • 11,900 Acre Lot
  • Patio
  • Fenced
  • Deck
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of April 2021

ALL BRICK DUPLEX WITH 2 BEDROOMS/2 BATHS and fenced in yard. Roof new in October 2003. South unit has: 4 year old furnace, 10 year old central air, and HWH is 3 years old. North unit has 10+ HWH and 3 year central air. Both units have month to month tenants and pay water, electrical and gas. Owner pays sewer, trash and insurance at approximately $135 a month. POSSESSION SUBJECT TO TENANTS RIGHTS. ALL OFFERS TO BE IN BY TUESDAY, MARCH 23, 2012 at 4 pm and expiring by 7 pm.

Last Agent to Sell the Property

Tami Bianco

@properties/Christie's Intl RE License #RB14021032 Listed on: 03/19/2021

@properties/Christie's Intl RE

Last Buyer's Agent

Mike Tezak

Realty Executives Premier License #RB14033486

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 11,900 Acre Lot
  • Lot Dimensions are 85 x 140
  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Brick Foundation

Interior Spaces

  • 1,852 Sq Ft Home
  • Elevator

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $19,200
  • Tenant pays for electricity, gas, water
  • The owner pays for sewer
  • Rent includes trash collection
  • Assessor Parcel Number 640606453004000016

Community Details

Overview

  • 2 Units
  • Friendly Acres Add 02 Subdivision

Building Details

  • Insurance Expense $630
  • New Taxes Expense $2,294
  • Net Operating Income $14,656

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Gravel
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA233
  • Subdivision Name: Friendly Acres Add 02
  • WaterExpense: 0.00
  • SewerExpense: 1620.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Flooring: Carpet, Linoleum, Luxury Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 11900
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other, Trash Collection

Schools

  • Junior High Dist: Portage Township

Lot Info

  • Lot Dimensions: 85 x 140
  • Lot Size Sq Ft: 518364000
  • ResoLotSizeUnits: Acres
  • Parcel #: 640606453004000016
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water
  • Owner Pays: Sewer
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 630
  • Total Actual Rent: 19200

Tax Info

  • New Taxes Expense: 2294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 30, 2021
Sold by
Strudas Mark J
Bought by
Flores Pedro A
Seller's Agent
Tami Bianco
@properties/Christie's Intl RE
Buyer's Agent
Mike Tezak
Realty Executives Premier
List Price
$171,000
Sold Price
$171,000
Current Estimated Value
$247,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,733
Avg. Annual Appreciation
7.35%
Original Mortgage
$127,500
Outstanding Balance
$115,547
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$123,793

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 26, 2021
Sold by
Ruge Dawn M and Ruge Trust
Bought by
Strudas Mark J
Seller's Agent
Tami Bianco
@properties/Christie's Intl RE
Buyer's Agent
Mike Tezak
Realty Executives Premier
List Price
$171,000
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$115,547
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$123,793

Purchase Details

Closed on
Jun 1, 2016
Sold by
Ruge Dawn M and Dawn M Ruge Trust
Bought by
Ruge Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Flores Pedro A -- Community Title Company
Strudas Mark J -- Community Title Company
Ruge Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Pedro A $127,500
Closed Strudas Mark J $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $171,000 0.0% $92 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $171,000 -- $92 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $4,212 $215,500 $27,500 $188,000
2023 $3,690 $208,600 $26,300 $182,300
2022 $3,650 $182,500 $26,300 $156,200
2021 $2,940 $145,000 $26,300 $118,700
2020 $2,294 $112,700 $26,300 $86,400
2019 $2,294 $112,700 $26,300 $86,400
2018 $2,326 $114,300 $26,300 $88,000
2017 $2,248 $111,400 $26,300 $85,100
2016 $2,190 $108,500 $26,200 $82,300
2014 $2,188 $108,400 $26,300 $82,100
2013 -- $108,200 $26,300 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 489806

Northwest Indiana Association of REALTORS®

APN: 64-06-06-453-004.000-016