201 Chesterton Blvd Chesterton, IN 46304
6
Beds
3
Baths
2,968
Sq Ft
7,841
Sq Ft Lot
Highlights
- 1 Car Attached Garage
- Laundry Facilities
- 3-minute walk to Chesterton Park
- Bailly Elementary School Rated A-
About This Home
As of January 2025THREE UNIT INVESTMENT OPPORTUNITY IN CHESTERTON! Within walking distance of schools and the heart of Chesterton. This three-unit investment property is located in an area that is extremely desirable; its location is also just a few minutes' drive to IN-49, U.S. 20, and I-94! There are two separate buildings; a one-story house is one unit and a second building has one bottom floor unit and one top floor unit; two bedrooms and one bathroom in all three units. Plenty of parking with multiple spots in front of each building. All three units are occupied with long term tenants and their leases aren't up for around a year on each. With cap rates this nice, this opportunity isn't going to last long! Schedule your showing today!
Last Agent to Sell the Property
Boulder Bay Realty Group License #RB14025141 Listed on: 05/22/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,533
Year Built
- Built in 1941
Lot Details
- 7,841 Sq Ft Lot
Parking
- 1 Car Attached Garage
- 10 Open Parking Spaces
- Driveway
Home Design
- 2,968 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Listing and Financial Details
- Assessor Parcel Number 640336378001000023
Community Details
Overview
- 3 Units
- Hasletts Add 02 Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2024
Closed on
Jan 24, 2025
Sold by
Berke Kendra and Mihut Kendra
Bought by
Mcdermott Timothy John and Mcdermott Matthew David
Seller's Agent
Gabriel Mihut
Realest.com
Buyer's Agent
John Reagan
Blackrock Real Estate Services
List Price
$520,000
Sold Price
$465,000
Premium/Discount to List
-$55,000
-10.58%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,222
Avg. Annual Appreciation
-20.12%
Original Mortgage
$346,000
Outstanding Balance
$344,763
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$69,907
Purchase Details
Listed on
May 22, 2020
Closed on
Jul 9, 2020
Sold by
Murchek Ryan Jon
Bought by
Berke Kendra
Seller's Agent
Lynda Anderson
Boulder Bay Realty Group
List Price
$283,000
Sold Price
$283,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$268,850
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2010
Sold by
Kaechle Kenny L
Bought by
Gusic Jason P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,350
Interest Rate
4.6%
Mortgage Type
VA
Purchase Details
Closed on
Oct 26, 2005
Sold by
Evans John A and Evans Lauren B
Bought by
Murchek Ryan Jon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac
Similar Home in Chesterton, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,000 | Fidelity National Title | |
| Warranty Deed | $283,000 | Liberty Title & Escrow Co | |
| Warranty Deed | -- | Meridian Title Corp | |
| Warranty Deed | -- | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $346,000 | New Conventional | |
| Previous Owner | $268,850 | New Conventional | |
| Previous Owner | $86,000 | Credit Line Revolving | |
| Previous Owner | $156,250 | New Conventional | |
| Previous Owner | $137,350 | VA | |
| Previous Owner | $180,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $465,000 | -10.6% | $150 / Sq Ft |
| 12/10/2024 12/10/24 | Pending | -- | -- | -- |
| 12/02/2024 12/02/24 | For Sale | $520,000 | 0.0% | $168 / Sq Ft |
| 01/03/2023 01/03/23 | Rented | $1,250 | +4.2% | -- |
| 01/03/2023 01/03/23 | For Rent | $1,200 | 0.0% | -- |
| 07/09/2020 07/09/20 | Sold | $283,000 | 0.0% | $95 / Sq Ft |
| 06/09/2020 06/09/20 | Pending | -- | -- | -- |
| 05/22/2020 05/22/20 | For Sale | $283,000 | -- | $95 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $5,248 | $334,500 | $29,100 | $305,400 |
| 2023 | $5,188 | $303,900 | $26,000 | $277,900 |
| 2022 | $4,789 | $274,800 | $26,000 | $248,800 |
| 2021 | $3,419 | $230,200 | $26,000 | $204,200 |
| 2020 | $3,409 | $231,900 | $24,800 | $207,100 |
| 2019 | $3,533 | $235,400 | $24,800 | $210,600 |
| 2018 | $3,390 | $228,700 | $24,800 | $203,900 |
| 2017 | $3,085 | $221,300 | $24,800 | $196,500 |
| 2016 | $2,988 | $222,500 | $26,500 | $196,000 |
| 2014 | $2,906 | $211,200 | $24,800 | $186,400 |
| 2013 | -- | $200,400 | $25,100 | $175,300 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2025
Gabriel Mihut
Realest.com
(219) 448-1285
5 in this area
8 Total Sales
-
Buyer's Agent in 2025
John Reagan
Blackrock Real Estate Services
(219) 808-5161
10 in this area
92 Total Sales
-
Seller's Agent in 2020
Lynda Anderson
Boulder Bay Realty Group
(219) 405-5294
23 in this area
333 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR474693
APN: 64-03-36-378-001.000-023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 611 W Porter Ave
- 501 Wabash Ave
- 605 Jefferson Ave
- 134 Grant Ave
- 520 Emerald Dr
- 314 S 12th St
- 335 Brown Ct
- 200 Arrowhead Trail
- 1157 Woodlawn Ave
- 1227 Park Ave
- 200 Ivy St
- 108 Indian Boundary Rd
- 108 Washington Ave
- 106 Jeffrey St
- 334 Franklin St
- 000 Pinneys Ct
- 327 S 18th St
- 103-117 Jeffrey St
- 123-127 Jeffrey St
- 606 S 18th St