NOT LISTED FOR SALE

2035 Davidson Place Whiting, IN 46394

Estimated Value: $291,000 - $363,000

12 Beds
5 Baths
6,711 Sq Ft
$49/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2024

Last sale price $350,000 $52 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,182 / mo

35 Days on Market

About This Home

As of February 2024

Have 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

Larita Thomas

@properties/Christie's Intl RE License #RB18000650 Listed on: 12/01/2023

@properties/Christie's Intl RE

Last Buyer's Agent

Lizanne Pilot

Coldwell Banker Realty License #RB19000639

Coldwell Banker Realty

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

  • Quadruplex
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,686

Year Built

Built in 1921

Lot Details

4,748 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1921
  • Reso Property Sub Type: Quadruplex
  • ResoOtherEquipment: None
  • Income And Expenses Maintenance Expense: 1895
  • Professional Management Expense: 3165
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Schrages 02 Add/Whiting
  • Above Grade Finished Sq Ft: 5236
  • Garage Yn: No
  • New Construction: No
  • WaterExpense: 685.00
  • SewerExpense: 604.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 12
  • Below Grade Sq Ft: 1475
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Acres: 0.109
  • Construction Type: Aluminum Siding, Brick, Clapboard
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 40 x 119
  • Lot Size Sq Ft: 4748
  • Parcel #: 450307283005000025

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Tax Info

  • Year: 2022
  • New Taxes Expense: 4686
  • Tax Annual Amount: 4686

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 604
  • Annual Gross Income: 300
  • Total Actual Rent: 21651.67

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2026
Sold by
Bought by
Current Estimated Value
$327,000

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 28, 2024
Sold by
Bought by
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.
Avg. Annual Appreciation
-2.91%
Original Mortgage
$332,500
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 23, 2024
Sold by
Bought by
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
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2018
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Sep 17, 2007
Sold by
Bought by

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
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Chicago Title Insurance Compan
$350,000 Chicago Title Insurance Compan
-- Meridian Title Corp
-- None Available
-- Stewart Title Services Of No
$136,015 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $332,500
Previous Owner $332,500
Previous Owner $192,000
Previous Owner $149,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 542270

Northwest Indiana Association of REALTORS®

APN: 45-03-07-283-005.000-025

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