Seller's Agent in 2024
Larita Thomas
@ Properties
(219) 973-8481
4 in this area
226 Total Sales
2035 Davidson Place Whiting, IN 46394
Estimated Value: $353,000 - $412,000
12
Beds
5
Baths
6,711
Sq Ft
$56/Sq Ft
Est. Value
About This Home
As of February 2024Have you been looking for the ultimate opportunity to be paid to live in the home you purchase? This may be the right home(s) for you. Two buildings for the price of 1 with a total of 4 Units. The spacious front main house with 5 Bedrooms (and a 1-bedroom apartment), is what every owner-occupied landlord needs, as it provides some privacy, and separation from the tenant occupied units. Plus, there's two 3-Bedroom units in the rear building. The homes are in need of a little sweat equity; however, with three units tenant occupied, it is a positive cash flow investment that's ready for its new owner with fresh ideas. And, located less than a mile from the Skyway and about 30 minutes from the Chicago Loop is also conveniently located. Property is being sold as is.
Last Agent to Sell the Property
@properties/Christie's Intl RE License #RB18000650 Listed on: 12/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,686
Year Built
- Built in 1921
Lot Details
- 4,748 Sq Ft Lot
- Lot Dimensions are 40 x 119
- Fenced
Home Design
- Brick Foundation
Interior Spaces
- Elevator
- Basement
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Full Bathrooms
Outdoor Features
- Porch
Listing and Financial Details
- Total Actual Rent $21,652
- The owner pays for electricity, gas, sewer, water
- Assessor Parcel Number 450307283005000025
Community Details
Overview
- 4 Units
- Schrages 02 Add/Whiting Subdivision
Building Details
- Electric Expense $604
- Maintenance Expense $1,895
- Water Sewer Expense $685
- New Taxes Expense $4,686
- Gross Income $300
- Net Operating Income $11,398
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2023
Closed on
Feb 28, 2024
Sold by
Trust No 120654 and Indiana Land Trust Company
Bought by
Dalal Amit
Seller's Agent
Larita Thomas
@properties/Christie's Intl RE
Buyer's Agent
Lizanne Pilot
Coldwell Banker Realty
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
113
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
$26,667
Avg. Annual Appreciation
3.70%
Original Mortgage
$332,500
Outstanding Balance
$325,626
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$51,041
Purchase Details
Listed on
Dec 1, 2023
Closed on
Feb 23, 2024
Sold by
Trust No 120654
Bought by
Dalal Amit
Seller's Agent
Larita Thomas
@properties/Christie's Intl RE
Buyer's Agent
Lizanne Pilot
Coldwell Banker Realty
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
113
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$325,626
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$51,041
Purchase Details
Closed on
Oct 25, 2018
Sold by
Trevino Silvia P and Trevino Elliot Silvia P
Bought by
Indiana Land Trust Company and Trust No 120654
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 3, 2012
Sold by
Elliott Arvell L
Bought by
Trevino Silvia P and Trevino Elliott Silvia P
Purchase Details
Closed on
Sep 17, 2007
Sold by
First Chicago Bank & Trust
Bought by
Elliott Arvell L and Trevino Elliott Silvia P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,400
Interest Rate
6.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 1, 2006
Sold by
Jevdosic Nebojsa and Jevdosic Nadica
Bought by
Labe Bank
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dalal Amit | -- | Chicago Title Insurance Compan | |
| Dalal Amit | $350,000 | Chicago Title Insurance Compan | |
| Indiana Land Trust Company | -- | Meridian Title Corp | |
| Trevino Silvia P | -- | None Available | |
| Elliott Arvell L | -- | Stewart Title Services Of No | |
| Labe Bank | $136,015 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dalal Amit | $332,500 | |
| Closed | Dalal Amit | $332,500 | |
| Previous Owner | Indiana Land Trust Company | $192,000 | |
| Previous Owner | Elliott Arvell L | $149,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2024 02/28/24 | Sold | $350,000 | -4.1% | $52 / Sq Ft | |
| 01/05/2024 01/05/24 | Pending | -- | -- | -- | |
| 12/01/2023 12/01/23 | For Sale | $365,000 | +52.1% | $54 / Sq Ft | |
| 10/25/2019 10/25/19 | Sold | $240,000 | 0.0% | $53 / Sq Ft | View Prior Sale |
| 09/25/2019 09/25/19 | Pending | -- | -- | -- | |
| 07/12/2019 07/12/19 | For Sale | $240,000 | -- | $53 / 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 |
|---|---|---|---|---|
| 2025 | $5,040 | $362,400 | $28,500 | $333,900 |
| 2024 | $11,102 | $276,500 | $28,500 | $248,000 |
| 2023 | $4,686 | $252,000 | $28,500 | $223,500 |
| 2022 | $4,686 | $234,300 | $22,700 | $211,600 |
| 2021 | $5,254 | $262,700 | $22,700 | $240,000 |
| 2020 | $5,044 | $252,200 | $22,700 | $229,500 |
| 2019 | $2,762 | $138,100 | $22,700 | $115,400 |
| 2018 | $2,861 | $142,600 | $22,700 | $119,900 |
| 2017 | $2,593 | $129,100 | $22,700 | $106,400 |
| 2016 | $2,509 | $124,700 | $22,700 | $102,000 |
| 2014 | $2,120 | $124,000 | $22,700 | $101,300 |
| 2013 | $2,104 | $122,900 | $22,700 | $100,200 |
Source: Public Records
Agents Affiliated with this Home
-
Larita Thomas
-
Lizanne Pilot
Buyer's Agent in 2024
Lizanne Pilot
Coldwell Banker Realty
(954) 263-7811
2 in this area
90 Total Sales
-
Nathan Reeder
Seller's Agent in 2019
Nathan Reeder
Reeder Companies
(219) 989-4049
27 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 542270
APN: 45-03-07-283-005.000-025
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Based on information submitted to the MLS GRID
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