NOT LISTED FOR SALE

2022 Rhode Island Ct Gary, IN 46407

Midtown Neighborhood

Estimated Value: $66,000 - $100,000

4 Beds
2 Baths
1,425 Sq Ft
$59/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $4,750 $3 Per Sq Ft

Est. 1,656% increase in value since last sale

Current estimated payment $549/month

25 Days on Market

About This Home

As of February 2013

THIS 2 UNIT IS PRICED TO SELL FAST SO THAT YOU CAN REHAB IT AND ADD THIS PROPERTY TO YOUR INVESTMENT PORTFOLIO. DO NOT MISS THIS OPPORTUNITY. SEE IT TODAY!!

Last Agent to Sell the Property

Cynthia Powers

Powers Realty Inc Of NW Ind. License #RB14004379 Listed on: 01/07/2013

Last Buyer's Agent

Herbert Campbell

Coldwell Banker Real Estate Gr License #RB14038791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 73 x 124

Interior Spaces

  • 1,425 Sq Ft Home
  • Elevator

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450810455014000004

Community Details

Overview

  • 2 Units
  • Wilsons Sub Subdivision

Building Details

  • New Taxes Expense $1,302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,430

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Co List Office Mls Id: NRA173
  • Subdivision Name: WILSONS SUB
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Elevator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 73 X 124
  • Parcel #: 450810455014000004

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 1302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2017
Sold by
Heritage Real Estate Services Inc
Bought by
Heritage Real Estate Service Inc
Total Days on Market
25
Current Estimated Value
$83,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2015
Sold by
Heritage Real Estate Services Inc
Bought by
Heritage Real Estate Services Inc and Heritage Child Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,250
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 2014
Sold by
Heritage Real Estate Services Inc
Bought by
Heritage Real Estate Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2014
Sold by
Heritage Real Estate Servics Inc
Bought by
Heritage Real Estate Services Inc and Heritage Child Inc

Purchase Details

Closed on
Dec 27, 2013
Sold by
Properties Heflin
Bought by
Heritage Real Estate Services Inc

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 28, 2013
Sold by
Fannie Mae
Bought by
Heflin Properties And Heritgage Real Est
Seller's Agent
Cynthia Powers
Powers Realty Inc Of NW Ind.
Buyer's Agent
Herbert Campbell
Coldwell Banker Real Estate Gr
List Price
$4,750
Sold Price
$4,750

Purchase Details

Closed on
Oct 5, 2012
Sold by
Williams Deanna and Nationstar Mortgage Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
May 26, 2007
Sold by
Aegis Mortgage Corp
Bought by
Williams Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2007
Sold by
Patterson Theodore
Bought by
Aegis Mortgage Corp

Purchase Details

Closed on
Mar 3, 2005
Sold by
Brown Alonzo and Brown Rhonda R
Bought by
Patterson Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,800
Interest Rate
9.29%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Similar Home in Gary, IN

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    $65,000

    • 4 Beds
    • 2 Baths
    • 1,408 Sq Ft
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    Great investment opportunity! This two-unit home is ready for an investor to bring it back to life! 2 bedroom, 1 bathroom units are nicely-sized. Basement has potential for a Garden Unit. Very nice 2nd Floor Deck for these upcoming summer months. Nicely-sized lot. Could this be an investment opporutnity for you, or fix and flip?

    Joanne Dal Santo Weichert Realtors - Shoreline

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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
Heritage Real Estate Service Inc -- Indiana Title Network Co
Heritage Real Estate Services Inc -- Indiana Title Network Co
Heritage Real Estate Services Inc -- None Available
Heritage Real Estate Services Inc -- Indiana Title Network Co
Heritage Real Estate Services Inc -- None Available
Heflin Properties And Heritgage Real Est -- None Available
Fannie Mae $57,887 None Available
Williams Deanna -- Meridian Title
Aegis Mortgage Corp $43,350 None Available
Patterson Theodore -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heritage Real Estate Services $70,000
Closed Heritage Real Estate Service Inc $28,000
Previous Owner Heritage Real Estate Services Inc $14,250
Previous Owner Heritage Real Estate Services Inc $24,500
Previous Owner Williams Deanna $44,000
Previous Owner Williams Deanna $6,051
Previous Owner Williams Deanna $46,400
Previous Owner Patterson Theodore $49,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $4,750 0.0% $3 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $4,750 -- $3 / 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 $3,430 $41,300 $9,400 $31,900
2023 $935 $38,900 $9,400 $29,500
2022 $935 $36,500 $6,200 $30,300
2021 $886 $34,600 $6,200 $28,400
2020 $861 $33,600 $6,200 $27,400
2019 $737 $31,600 $5,800 $25,800
2018 $818 $33,600 $6,200 $27,400
2017 $840 $34,000 $6,200 $27,800
2016 $934 $38,900 $6,200 $32,700
2014 $772 $33,000 $7,500 $25,500
2013 $1,043 $46,400 $7,500 $38,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 320395

Northwest Indiana Association of REALTORS®

APN: 45-08-10-455-014.000-004