NOT LISTED FOR SALE

Estimated Value: $217,207 - $270,000

5 Beds
3 Baths
2,205 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $138,000 $63 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,518/month

42 Days on Market

About This Home

As of May 2018

Opportunity knocks! Great investment property close to the courthouse in Rensselaer! This 1993 construction ranch style 3 unit offers vauted ceilings & an open concept floor plan. It consists of two 2 bedroom/1 bath units and one 1 bedroom/1 bath unit. With freshly remodeled bathrooms, fresh interior paint and a 3 year old roof... you're all set! These units have full appliance packages including ranges, fridges & washers & dryers in each. This building is at 100% occupancy with a great rental history.There's more... the adjoining 3 unit building is also for sale for $125,000 if you want you properties in a central location for ease of management.. see MLS #430264.

Last Listed By

Dan Walstra

Countryside Realty License #RB14027366 Listed on: 03/05/2018

Countryside Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1993

Lot Details

  • 610 Sq Ft Lot

Home Design

  • 2,205 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

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

Community Details

  • 3 Units
  • Dobsons Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37-07-30-000-021.002-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,486

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1993
  • Co List Office Mls Id: GNR844
  • Subdivision Name: Dobsons Sub
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.014

Garage/Parking

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

Lot Info

  • Lot Size Sq Ft: 610
  • ResoLotSizeUnits: Acres
  • Parcel #: 37-07-30-000-021.002-027
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2020
Sold by
Vazquez Diana L
Bought by
Lincoin House Llc
Total Days on Market
42
Current Estimated Value
$243,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,100
Outstanding Balance
$77,523
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$158,179

Purchase Details

Listed on
Mar 5, 2018
Closed on
May 16, 2018
Sold by
Bormann Robert L and Bormann Robert L
Bought by
Vazquez Diana L
Seller's Agent
Dan Walstra
Countryside Realty
List Price
$138,000
Sold Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$103,500
Interest Rate
4.4%
Mortgage Type
New Conventional

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
Lincoin House Llc -- State Street Title
Vazquez Diana L $138,000 Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Diana L $105,100
Previous Owner Vazquez Diana L $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $138,000 0.0% $63 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $138,000 -- $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 $2,018 $171,700 $19,100 $152,600
2023 $2,018 $165,200 $19,100 $146,100
2022 $1,878 $146,300 $16,600 $129,700
2021 $1,930 $138,300 $16,600 $121,700
2020 $1,887 $138,200 $16,600 $121,600
2019 $1,800 $137,200 $16,600 $120,600
2018 $1,733 $136,900 $16,600 $120,300
2017 $1,606 $133,500 $16,600 $116,900
2016 $1,486 $130,500 $16,600 $113,900
2014 $1,512 $131,200 $16,600 $114,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR430265

Northwest Indiana Association of REALTORS®

APN: 37-07-30-000-021.002-027