NOT LISTED FOR SALE

227 Illinois St Dyer, IN 46311

Estimated Value: $274,000 - $351,000

4 Beds
2 Baths
1,807 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2022

Last sale price $295,000 $163 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,980 / mo

76 Days on Market

About This Home

As of September 2022

Duplex ranch building (2-unit) with separate basements. Investors with 25% downpayment or reside in one and lease the other and you can buy FHA with 3.5%down payment if you like. You get both units, it's one parcel.This property is so conveniently located in Dyer on a quiet, dead-end street, andclose to everything. Convenient for Illinois commuters.It could be a primary residence on one side and family/related-living on the other.You could also just rent out one side, live in the other and get most of yourmortgage paid. Both sides have 2 bedrooms and one remodeled bath. Each sidehas their own laundry hook-ups in the basement, too. The property has beenwell-maintained as a rental and recently remodeled: flooring, fixtures, paint - youname it. There is a large yard with a divided storage shed, and each side has theirown separate driveway and deck.

Last Agent to Sell the Property

Jana Caudill

eXp Realty, LLC License #RB14024542 Listed on: 05/18/2022

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,699

Year Built

  • Built in 1952

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • 1,807 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 451012381017000034

Community Details

Overview

  • 2 Units
  • Dyer Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,699

Year Built

Built in 1952

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Pets Allowed, Storage Shed
  • Co List Office Mls Id: GNR1732
  • Subdivision Name: Dyer
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.25

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres
  • Parcel #: 451012381017000034
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 31, 2022
Sold by
Richard And Nancy Vanderveer Living Trus
Bought by
Dobrzynski Richard P
Seller's Agent
Jana Caudill
eXp Realty, LLC
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$311,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,151
Avg. Annual Appreciation
1.47%
Original Mortgage
$236,000
Outstanding Balance
$224,613
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$86,538

Purchase Details

Closed on
Dec 19, 2007
Sold by
Vanderveer Richard J and Vanderveer Nancy L
Bought by
Vanderveer R

Purchase Details

Closed on
Oct 8, 2007
Sold by
Harris Na
Bought by
Vanderveer Richard J and Vanderveer Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dobrzynski Richard P -- --
Vanderveer R -- None Available
Vanderveer Richard J -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobrzynski Richard P $236,000
Previous Owner Vanderveer Richard J $162,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $295,000 0.0% $163 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $295,000 -- $163 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $4,102 $332,700 $75,900 $256,800
2024 $7,286 $300,000 $75,900 $224,100
2023 $3,377 $286,500 $75,900 $210,600
2022 $3,377 $279,500 $75,900 $203,600
2021 $5,540 $248,700 $75,900 $172,800
2020 $5,699 $252,000 $51,500 $200,500
2019 $5,337 $224,800 $41,600 $183,200
2018 $3,748 $163,300 $39,100 $124,200
2017 $3,412 $159,800 $39,100 $120,700
2016 $3,611 $166,800 $39,100 $127,700
2014 $3,327 $161,600 $39,100 $122,500
2013 $3,300 $157,900 $39,100 $118,800
Source: Public Records

Agents Affiliated with this Home

  • Jana Caudill

    Seller's Agent in 2022

    Jana Caudill

    eXp Realty, LLC

    (239) 250-9977

    18 in this area

    676 Total Sales

    Jana Caudill
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR512635

Northwest Indiana Association of REALTORS®

APN: 45-10-12-381-017.000-034

Indiana Lake County Dyer 46311

227 Illinois St, Dyer, IN

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Northwest Indiana Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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