NOT LISTED FOR SALE

1936 Schrage Ave Whiting, IN 46394

Estimated Value: $194,000 - $206,341

5 Beds
2 Baths
2,024 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $173,000 $85 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,269/month

105 Days on Market

About This Home

As of December 2022

Attention investors! Easy to manage 2 unit in a great location near downtown Whiting. Some features include extra parking in back, fenced in yard, and a deck for both units to enjoy. The main floor unit features 2-3 bedrooms and the upper unit has 2 bedrooms. Finished laundry room is on the main floor and could be used by both units potentially. Carpet has been replaced upstairs and a newer furnace has been put in for the upstairs unit as well. There are 2 separate meters for gas/electric.

Last Agent to Sell the Property

Tracy Summers

Blue Ridge Realty Group License #RB17001915 Listed on: 07/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1897

Lot Details

  • 3,125 Sq Ft Lot

Home Design

  • 2,024 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450308152006000025

Community Details

Overview

  • 2 Units
  • Schrages Central Add Subdivision

Additional Features

  • Community Deck or Porch
  • Fenced around community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,100

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1897
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Fenced Yard, Laundry/Some Units, Porch
  • Co List Office Mls Id: GNR1964
  • Subdivision Name: Schrages Central Add
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.0717

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 3125
  • Parcel #: 450308152006000025

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Dec 6, 2022
Sold by
Summers Ryan K
Bought by
Valerio Silvia N
Seller's Agent
Tracy Summers
Blue Ridge Realty Group
List Price
$173,000
Sold Price
$173,000
Current Estimated Value
$198,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,085
Avg. Annual Appreciation
5.03%
Original Mortgage
$169,866
Outstanding Balance
$165,707
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$32,378

Purchase Details

Listed on
Dec 11, 2017
Closed on
Mar 5, 2018
Sold by
Savic Zoran
Bought by
Summers Ryan K
Seller's Agent
Kathie Dinga
McColly Real Estate
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%
Original Mortgage
$67,500
Interest Rate
4.15%
Mortgage Type
New Conventional
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
Valerio Silvia N -- --
Summers Ryan K -- Community Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valerio Silvia N $169,866
Previous Owner Summers Ryan K $67,500
Closed Valerio Silvia N $8,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $173,000 0.0% $85 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $173,000 +92.2% $85 / Sq Ft
03/05/2018 03/05/18 Sold $90,000 0.0% $44 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $90,000 -- $44 / 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 $6,952 $168,600 $22,500 $146,100
2023 $2,254 $157,800 $22,500 $135,300
2022 $1,167 $116,700 $22,500 $94,200
2021 $2,100 $105,000 $13,300 $91,700
2020 $1,984 $99,200 $13,300 $85,900
2019 $1,824 $91,200 $13,300 $77,900
2018 $1,758 $87,600 $13,300 $74,300
2017 $1,705 $84,900 $13,300 $71,600
2016 $1,652 $82,100 $13,300 $68,800
2014 $985 $76,800 $13,300 $63,500
2013 $618 $54,200 $13,300 $40,900
Source: Public Records

Agents Affiliated with this Home

  • Tracy Summers

    Seller's Agent in 2022

    Tracy Summers

    Blue Ridge Realty Group

    (708) 703-1266

    1 in this area

    25 Total Sales

    Tracy Summers
    Section Image
  • Kathie Dinga

    Seller's Agent in 2018

    Kathie Dinga

    McColly Real Estate

    (219) 934-6300

    1 in this area

    47 Total Sales

    Kathie Dinga
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR516862

Northwest Indiana Association of REALTORS®

APN: 45-03-08-152-006.000-025

Indiana Lake County Whiting 46394

1936 Schrage Ave, Whiting, IN

This home is located at 1936 Schrage Ave, Whiting, IN 46394 since 26 July 2022 and is currently estimated at $198,085, approximately $97 per square foot. This property was built in 1897. 1936 Schrage Ave is a home located in Lake County with nearby schools including Nathan Hale Elementary School, Whiting Middle School, and Whiting High School.

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Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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