NOT LISTED FOR SALE

2040 Lake Ave Whiting, IN 46394

Estimated Value: $177,000 - $199,000

3 Beds
1.5 Baths
1,294 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $165,000 $128 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,206/month

63 Days on Market

Highlights

  • Cape Cod Architecture
  • Enclosed Patio or Porch
  • Bathroom on Main Level
  • 2.5 Car Detached Garage
  • Living Room
  • Landscaped

About This Home

As of June 2023

Welcome to your classic Whiting home. The detailed woodwork will surely catch your eye. The original crown molding and built-in cabinets in both the living and dining room are absolutely gorgeous. This property is much larger than it appears, there is a lot of untapped potential in the unused attic space as well as unused dry basement space as well.Related living is a possibility here as the back door could provide an entrance to either the basement or attic, both of which could be finished off for a nice living space. Come by and experience the classic woodworking skills fo yesteryear.

Last Agent to Sell the Property

Joe Villegas

Advanced Real Estate, LLC License #RB14051327 Listed on: 03/03/2023

Advanced Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1923

Lot Details

  • 5,600 Sq Ft Lot
  • Lot Dimensions are 40 x 140
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,294 Sq Ft Home
  • Living Room
  • Dining Room
  • Attic Stairs
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Hessville Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450307156027000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,020

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1923
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR2041
  • Co List Office Mls Id: GNR2041
  • Subdivision Name: Hessville
  • Architectural Style: Cape Cod, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 1294
  • GNR_HeatSystem: Baseboard
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.25
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Attic Stairway, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Enclosed, Fence
  • Acres: 0.1286

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 40 x 140
  • Lot Size Sq Ft: 5600
  • Parcel #: 450307156027000023

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2020

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Jun 15, 2023
Sold by
Santana Alex
Bought by
Macias Francisco Gonzalez
Seller's Agent
Joe Villegas
Advanced Real Estate, LLC
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%
Current Estimated Value
$191,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,415
Avg. Annual Appreciation
6.67%
Original Mortgage
$132,000
Outstanding Balance
$128,444
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$62,971
Source: Public Records

Range of Values:

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Average Value
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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
Macias Francisco Gonzalez $165,000 Proper Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macias Francisco Gonzalez $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $165,000 -17.5% $128 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $199,900 -- $154 / 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 $7,829 $182,600 $35,700 $146,900
2023 $2,063 $163,800 $34,600 $129,200
2022 $2,063 $158,300 $34,600 $123,700
2021 $1,874 $143,900 $23,300 $120,600
2020 $1,939 $147,500 $23,300 $124,200
2019 $2,073 $146,900 $23,300 $123,600
2018 $2,135 $141,700 $23,300 $118,400
2017 $2,369 $139,700 $23,300 $116,400
2016 $2,023 $136,100 $23,300 $112,800
2014 $2,033 $136,900 $23,300 $113,600
2013 $1,758 $126,000 $23,300 $102,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR526406

Northwest Indiana Association of REALTORS®

APN: 45-03-07-156-027.000-023