NOT LISTED FOR SALE

216 S Broad St Griffith, IN 46319

Estimated Value: $226,000 - $302,000

9 Beds
4 Baths
4,094 Sq Ft
$64/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $296,000 $72 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,658/month

89 Days on Market

About This Home

As of April 2022

Multi-unit Investment Opportunity in Griffith with over 4,000 sqft.3 - 2 bedroom units and 1 - 3 bedroom unit. There is a main floor coin-op washer/dryer.Landlord pays water and hot water and common electric/heat.Tenant pays heat and electric and cooking gas.Located close to downtown Griffith and Erie Lackawanna Trail.This is an Estate and being sold as is.

Last Agent to Sell the Property

Janet Keric

@properties/Christie's Intl RE License #RB14030901 Listed on: 12/30/2021

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 1910

Lot Details

  • 6,142 Sq Ft Lot

Home Design

  • 4,094 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Parking

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

Listing and Financial Details

  • Assessor Parcel Number 451102106004000006

Community Details

Overview

  • 4 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,798

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1910
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Coin Laundry, Common Laundry, Storage
  • Co List Office Mls Id: GNR2041
  • Subdivision Name: None
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 9

Exterior Features

  • Acres: 0.141

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: Off Street, Other

Lot Info

  • Lot Size Sq Ft: 6142
  • ResoLotSizeUnits: Acres
  • Parcel #: 451102106004000006
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Favela Homes Llc
Bought by
Griffith Indiana Apartments Llc
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$256,592
Interest Rate
5.68%
Mortgage Type
New Conventional
Estimated Equity
$7,408

Purchase Details

Closed on
May 2, 2023
Sold by
Favela Homes Llc
Bought by
Griffith Indiana Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$256,592
Interest Rate
5.68%
Mortgage Type
New Conventional
Estimated Equity
$7,408

Purchase Details

Listed on
Dec 30, 2021
Closed on
Apr 25, 2022
Sold by
Blagojevic Ljubomir
Bought by
Favela Homes Llc
Seller's Agent
Janet Keric
@properties/Christie's Intl RE
List Price
$296,000
Sold Price
$296,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.30%
Original Mortgage
$316,500
Interest Rate
4.16%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 30, 2005
Sold by
Gayda Properties Inc
Bought by
Blagojevic Ljubomir
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Griffith Indiana Apartments Llc -- None Listed On Document
Griffith Indiana Apartments Llc -- None Listed On Document
Favela Homes Llc -- None Listed On Document
Blagojevic Ljubomir -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith Indiana Apartments Llc $315,000
Closed Griffith Indiana Apartments Llc $315,000
Previous Owner Favela Homes Llc $316,500
Previous Owner Blagojevic Ljubomir $179,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $296,000 0.0% $72 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $296,000 -- $72 / 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 $10,960 $336,000 $63,400 $272,600
2023 $6,812 $334,600 $63,400 $271,200
2022 $6,812 $293,300 $60,900 $232,400
2021 $1,618 $80,900 $25,500 $55,400
2020 $1,618 $80,900 $25,500 $55,400
2019 $1,798 $80,900 $25,500 $55,400
2018 $2,150 $80,900 $25,500 $55,400
2017 $2,352 $81,500 $25,500 $56,000
2016 $2,548 $84,100 $25,500 $58,600
2014 $2,609 $89,600 $25,500 $64,100
2013 $2,528 $84,400 $25,500 $58,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR505664

Northwest Indiana Association of REALTORS®

APN: 45-11-02-106-004.000-006