NOT LISTED FOR SALE
16 Beds
8 Baths
5,952 Sq Ft
0.81 Acre Lot

Sale Details

Date 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
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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 35,230 Sq Ft 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

0.81 Acres

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in La Porte, IN

See All Agents

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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 323156

Northwest Indiana Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.