$403,000
SOLD JUL 12, 2019

2109 E Rand St Hobart, IN 46342

9 Beds
6 Baths
5,670 Sq Ft
0.29 Acres

Recently Sold

$71 Per Sq Ft

75 Days on Market

About This Home

As of December 2021

EXCELLENT INVESTMENT OPPORTUNITY! GROSS INCOME OVER $46,000 ANNUALLY! Fully rented, this 6 unit apartment building offers (3) two bedroom/ one bathroom units and (3) one bedroom/one bathroom units. Each unit has refrigerator, stove, and air conditioner. Additional income with newer coin operated washers and dryers. Roof, gutters and downspouts replaced in 2018. Newer sump pump. Parking lot and drive repaved in 2018. Landlord pays heat, water, sewer, wastewater, trash and electric in common areas, snow and lawn services. Tenants pay their own metered electric service. SUBJECT TO TENANT RIGHTS.

Last Listed By

Betty Durochik

Coldwell Banker Realty License #RB14048128 Listed on: 03/29/2019

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1973

Lot Details

  • 0.29 Acre Lot

Home Design

  • 5,670 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • 14 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 450928176002000018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,292

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Co List Office Mls Id: GNR230
  • Subdivision Name: none
  • GNR_TotalBathrooms: 6
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 9

Exterior Features

  • Acres: 0.293

Garage/Parking

  • Open Parking Spaces: 14
  • Parking Features: Off Street

Lot Info

  • Lot Size Sq Ft: 12763
  • Parcel #: 450928176002000018

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 5292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Dec 15, 2021
Sold by
Ricketts Keith E and Linda J Adams Revocable Trust
Bought by
Angel Bonilla Jr
Seller's Agent
Tracy Pavese-Robinson
McColly Real Estate
Buyer's Agent
Royal Lindsey
Duke Real Estate
List Price
$249,900
Sold Price
$249,900
Total Days on Market
75
Current Estimated Value
$297,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,305
Avg. Annual Appreciation
5.09%
Original Mortgage
$237,405
Outstanding Balance
$220,526
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$76,679

Purchase Details

Closed on
Nov 15, 2016
Sold by
Ricketts Keith E and Ricketts Keith E
Bought by
Linda J Adams Revocable Trust

Purchase Details

Closed on
Jul 20, 2006
Sold by
Adams Linda J
Bought by
Adams Linda J and The Linda J Adams Revocable Trust

Purchase Details

Closed on
Mar 1, 2005
Sold by
Ricketts Robert C and Ricketts Dorris R
Bought by
Ricketts Keith E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Community Title Co
Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,405 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $249,900 0.0% $136 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $249,900 -38.0% $136 / Sq Ft
07/12/2019 07/12/19 Sold $403,000 0.0% $71 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $403,000 -- $71 / 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 $10,965 $266,600 $36,600 $230,000
2023 $3,109 $268,600 $36,600 $232,000
2022 $3,109 $244,800 $36,600 $208,200
2021 $2,338 $186,100 $28,200 $157,900
2020 $1,994 $175,700 $28,200 $147,500
2019 $2,118 $168,400 $28,200 $140,200
2018 $2,245 $164,500 $28,200 $136,300
2017 $2,214 $156,800 $28,200 $128,600
2016 $2,032 $154,000 $28,200 $125,800
2014 $2,443 $161,200 $28,200 $133,000
2013 $2,450 $161,200 $28,200 $133,000
Source: Public Records

Agents Affiliated with this Home

  • Tracy Pavese-Robinson

    Seller's Agent in 2021

    Tracy Pavese-Robinson

    McColly Real Estate

    (219) 286-4259

    12 in this area

    23 Total Sales

    Tracy Pavese-Robinson
    Section Image

  • R

    Buyer's Agent in 2021

    Royal Lindsey

    Duke Real Estate

    (219) 712-9508

    2 in this area

    5 Total Sales

    Royal Lindsey
    Section Image
  • Betty Durochik

    Seller's Agent in 2019

    Betty Durochik

    Coldwell Banker Realty

    (219) 730-2782

    66 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR451829

Northwest Indiana Association of REALTORS®

APN: 45-09-28-176-004.000-018

Indiana Lake County Hobart 46342

2109 E Rand St, Hobart, IN

This home is located at 2109 E Rand St, Hobart, IN 46342 and is currently priced at $403,000, approximately $71 per square foot. This property was built in 1973. 2109 E Rand St is a home located in Lake County with nearby schools including Hobart High School, Trinity Lutheran School, and Hobart Baptist School.

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