Seller's Agent in 2024
Melissa Yanez
Favela Real Estate, LLC
(219) 512-2584
8 in this area
61 Total Sales
2033 Fairview Ave Lake Station, IN 46405
8
Beds
3
Baths
2,800
Sq Ft
3,746
Sq Ft Lot
Highlights
- No HOA
- Front Porch
- Landscaped
- Neighborhood Views
- Outdoor Storage
- Central Air
About This Home
As of December 2024Pause for a moment--here's another multi-unit property! This triplex underwent a full renovation at the end of 2023. Originally a duplex, it was transformed into three units with updated plumbing, electrical systems, furnaces, and ductwork, including A/C units. It also received new windows, drywall, flooring, trim, doors, roofing, and siding. The renovation immediately drew in renters. The two outer units each offer three bedrooms and one bathroom, while the central unit has two bedrooms and one bathroom. All units include kitchen appliances, as well as coin-operated washer and dryer. The basement provides extra storage or could be used as a common area. The property is ideally located opposite a police station and a public library, offering easy access to major highways.
Last Agent to Sell the Property
Favela Real Estate, LLC License #RB14049226 Listed on: 10/08/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,808
Year Built
- Built in 1943 | Remodeled
Lot Details
- 3,746 Sq Ft Lot
- Wood Fence
- Back Yard Fenced
- Landscaped
- Additional Parcels
Home Design
- Split Level Home
- Block Foundation
Interior Spaces
- 2,800 Sq Ft Home
- Insulated Windows
- Neighborhood Views
- Basement
Kitchen
- Gas Range
- Microwave
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Outdoor Storage
- Front Porch
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for insurance, water, trash collection, sewer
- Rent includes sewer, water, trash collection
- Assessor Parcel Number 450917305007000021
Community Details
Overview
- No Home Owners Association
- 3 Units
- Rothermels Riverside Subdivision
Amenities
- Laundry Facilities
- Community Storage Space
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2024
Closed on
Dec 10, 2024
Sold by
Rmc Property Group Llc
Bought by
Urquhart Amanda
Seller's Agent
Melissa Yanez
Favela Real Estate, LLC
Buyer's Agent
Belal Kishta
Ellsbury Commercial Group LLC
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Views
22
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
-$29,700
Avg. Annual Appreciation
2.63%
Original Mortgage
$304,000
Outstanding Balance
$302,866
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$22,335
Purchase Details
Listed on
Feb 16, 2023
Closed on
Mar 2, 2023
Sold by
Qrp Krisbi Llc
Bought by
Rms Property Group Llc
Seller's Agent
Lia Dawson
Region Real Estate LLC
Buyer's Agent
Lia Dawson
Region Real Estate LLC
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.98%
Original Mortgage
$147,000
Interest Rate
6.73%
Mortgage Type
Construction
Purchase Details
Listed on
Feb 16, 2023
Closed on
Feb 19, 2023
Sold by
Deedgrabber Tax Lien Fund Llc
Bought by
Qrp Krisbi Llc
Seller's Agent
Lia Dawson
Region Real Estate LLC
Buyer's Agent
Lia Dawson
Region Real Estate LLC
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.73%
Mortgage Type
Construction
Purchase Details
Listed on
Feb 16, 2023
Closed on
Jan 23, 2023
Sold by
Auditor Of Lake County
Bought by
Rovy Philip J
Seller's Agent
Lia Dawson
Region Real Estate LLC
Buyer's Agent
Lia Dawson
Region Real Estate LLC
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%
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 | $349,900 | Meridian Title | |
| Warranty Deed | $55,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $18,242 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $304,000 | New Conventional | |
| Previous Owner | $147,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $320,000 | -8.5% | $114 / Sq Ft |
| 10/08/2024 10/08/24 | For Sale | $349,900 | +536.2% | $125 / Sq Ft |
| 03/07/2023 03/07/23 | Sold | $55,000 | -20.3% | $27 / Sq Ft |
| 02/16/2023 02/16/23 | Pending | -- | -- | -- |
| 02/16/2023 02/16/23 | For Sale | $69,000 | -- | $34 / 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 | $5,177 | $115,700 | $9,100 | $106,600 |
| 2023 | $2,808 | $111,200 | $8,100 | $103,100 |
| 2022 | $2,693 | $106,000 | $7,200 | $98,800 |
| 2021 | $2,442 | $96,100 | $6,000 | $90,100 |
| 2020 | $2,305 | $90,700 | $6,000 | $84,700 |
| 2019 | $13,169 | $84,800 | $6,000 | $78,800 |
| 2018 | $4,441 | $80,900 | $6,000 | $74,900 |
| 2017 | $2,577 | $80,300 | $6,000 | $74,300 |
| 2016 | $2,022 | $78,900 | $6,000 | $72,900 |
| 2014 | $1,920 | $74,300 | $6,000 | $68,300 |
| 2013 | $2,184 | $78,600 | $6,000 | $72,600 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Yanez
-
Cirilo Favela
C
Seller Co-Listing Agent in 2024
Cirilo Favela
Favela Real Estate, LLC
(219) 955-0100
25 in this area
70 Total Sales
-
Belal Kishta
Buyer's Agent in 2024
Belal Kishta
Ellsbury Commercial Group LLC
(773) 403-2491
1 in this area
3 Total Sales
-
Lia Dawson
L
Seller's Agent in 2023
Lia Dawson
Region Real Estate LLC
(219) 712-9928
5 in this area
261 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 811324
APN: 45-09-17-305-007.000-021
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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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