NOT LISTED FOR SALE

205 E St La Porte, IN 46350

16 Beds
8 Baths
5,952 Sq Ft
0.81 Acres

Last Sold March 19, 2013

Last sale price $290,000 $49 Per Sq Ft

24 Days on Market

Highlights

  • 0.81 Acre Lot
  • Satellite Dish
  • Fenced

About This Home

As of March 2013

Attention Investors! Here are 4, 2 bedroom duplexes sitting on a half city block on LaPorte's west side. All units are well maintained include refrigerator and stove ,all have central air,and each has it's own storage unit. There is a large paved parking lot and a shed for lawn equipment. This complex has a close to 100 % occupancy rate year in and year out. Each unit rents for $500 per month . 12% cap rate at full price. Priced below assessed value.Seller will not divide. Pre approved buyers only.

Last Agent to Sell the Property

Bryon Eigenmann

LaPorte County Realty, Inc. License #RB14023176 Listed on: 02/23/2013

Last Buyer's Agent

Michael Liberatore

MTM Realty Group License #RB14023386

MTM Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 271 x 130
  • Fenced

Interior Spaces

  • 5,952 Sq Ft Home
  • Elevator

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Off-Street Parking

Utilities

  • Satellite Dish

Listing and Financial Details

  • Total Actual Rent $48,000
  • Assessor Parcel Number 051002230001

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $2,000
  • Trash Expense $960
  • New Taxes Expense $9,341
  • Net Operating Income $35,555

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Road Surface Type: Asphalt
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: NRA704
  • Subdivision Name: no
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.8088
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 10

Utilities

  • Utilities: Cable Available, Sewer Available
  • Water Source: Public

Fee Information

  • Trash Expense: 960

Schools

  • Junior High Dist: La Porte

Lot Info

  • Lot Dimensions: 271 x 130
  • Lot Size Sq Ft: 35230
  • Parcel #: 051002230001

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 8
  • Insurance Expense: 2000
  • Total Actual Rent: 48000

Tax Info

  • New Taxes Expense: 9341
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2013 03/19/13 Sold $290,000 0.0% $49 / Sq Ft
02/23/2013 02/23/13 For Sale $290,000 -- $49 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 323156

Northwest Indiana Association of REALTORS®
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