$395,000
SOLD MAR 28, 2025

2254 Swanson Rd Unit 54-56 Portage, IN 46368

4 Beds
4 Baths
1,744 Sq Ft
0.32 Acres

Recently Sold

$226 Per Sq Ft

1% Below List Price

30 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property

About This Home

As of March 2025

This stunning, fully remodeled duplex offers the ultimate combination of modern amenities and timeless charm. With 2 bedrooms and 2 bathrooms on each side, this property is ideal for generating income, whether you rent both units or live in one side while renting out the other to offset your mortgage.Main Features:-All-Brick Exterior: Durable and low maintenance.-Spacious Layout: Each unit includes two living rooms--one on the main floor and one in the finished basement--offering plenty of space for relaxation and entertaining.-Flexible Basement Design: Both units feature a flex room in the basement, perfect for a home office, gym, or guest space, plus a drop zone for added storage and convenience.Main Floor: Gorgeous solid oak hardwood floors throughout, adding warmth and character.Kitchen Upgrades:-Movable island for versatile dining and prep space.-Brand-new quartz countertops, adding elegance and durability.-New stainless steel appliances: refrigerator, range, and microwave in both units.-Basement: Finished with LifeProof flooring, creating a cozy and space for additional living or storage.Major System Updates:-Brand-new furnace, air conditioner, and hot water tank in both units for year-round comfort.-New roof and insulation for energy efficiency and peace of mind.- New concrete driveways on both sidesWhether you're looking to expand your real estate portfolio or seeking a beautiful, move-in-ready home with rental income potential, this property delivers it all. Don't miss this rare opportunity--schedule your showing today!

Last Agent to Sell the Property

Nicole Milford

Compass Indiana, LLC License #RB14052457 Listed on: 01/27/2025

Compass Indiana, LLC

Last Buyer's Agent

Lana Conroy

Coldwell Banker Realty License #RB14024950

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,283

Year Built

  • Built in 1972

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 175 x 80

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Microwave
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Portage High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 640511302002000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,283

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA2205
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 1744
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Stone Counters
  • Basement: Finished, Walk-Out Access, Walk-Up Access, Interior Entry, Full
  • Flooring: Hardwood, Laminate
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1744
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Acres: 0.3214
  • Waterfront: No
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Asphalt, Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • HOA Rent Includes: None
  • Association: No

Lot Info

  • Lot Dimensions: 175 x 80
  • Lot Size Sq Ft: 14000.18
  • ResoLotSizeUnits: Acres
  • Parcel #: 640511302002000016
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Tenant Pays: None
  • Owner Pays: All Utilities

Tax Info

  • Year: 2024

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Portage High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Mar 25, 2025
Sold by
Garza Sandra
Bought by
Lowther Alexander J and Lowther Amber L
Seller's Agent
Nicole Milford
Compass Indiana, LLC
Buyer's Agent
Lana Conroy
Coldwell Banker Realty
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-88.48%
Original Mortgage
$387,845
Outstanding Balance
$387,191
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
-$146,927

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jun 25, 2021
Sold by
Preffered Homes Llc
Bought by
Garza Sandra
Seller's Agent
Sarah Perez
Starz Realty, LLC
Buyer's Agent
Nicole Milford
Compass Indiana, LLC
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.49%

Purchase Details

Listed on
Jun 3, 2021
Closed on
Apr 28, 2021
Sold by
Five Stream Ventures Llc
Bought by
Preferred Homes Llc
Seller's Agent
Sarah Perez
Starz Realty, LLC
Buyer's Agent
Nicole Milford
Compass Indiana, LLC
List Price
$110,000
Sold Price
$110,000

Purchase Details

Closed on
Mar 26, 2019
Sold by
Mead Marilyn K and Woods Marilyn K
Bought by
Newbert Jake Allyn

Purchase Details

Closed on
Mar 19, 2019
Sold by
Skinner Timothy E
Bought by
Mead Marilyn K and Woods Marilyn K
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 Type Sale Price Title Company
Warranty Deed $395,000 Fidelity National Title
Warranty Deed -- Barrister Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $52,500 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $387,845 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $395,000 -1.2% $226 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $399,900 +263.5% $229 / Sq Ft
06/25/2021 06/25/21 Sold $110,000 0.0% $63 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $110,000 -- $63 / 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 $5,283 $118,400 $32,200 $86,200
2023 $2,282 $114,100 $30,500 $83,600
2022 $2,330 $116,500 $30,500 $86,000
2021 $2,210 $108,500 $30,500 $78,000
2020 $3,615 $95,800 $27,800 $68,000
2019 $1,956 $95,800 $27,800 $68,000
2018 $1,884 $92,200 $27,800 $64,400
2017 $1,936 $92,600 $27,800 $64,800
2016 $1,832 $89,600 $26,800 $62,800
2014 $1,830 $89,500 $26,900 $62,600
2013 -- $84,500 $26,900 $57,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 815409

Northwest Indiana Association of REALTORS®

APN: 64-05-11-302-002.000-016