NOT LISTED FOR SALE

231 Adelaide Place Munster, IN 46321

Estimated Value: $221,000 - $322,000

2 Beds
1 Bath
864 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $95,000 $110 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,955/month

13 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Cooling Available
  • Forced Air Heating System
  • Munster High School Rated A+
  • Living Room
  • Dining Room

About This Home

As of October 2018

This well maintained duplex is ready to move in or rent it out for great investment opportunity. Located in the heart of Munster near top restaurants, grocery, Target and close to interstate. Freshly painted throughout, it has an updated bathroom, beautiful oak hardwood floors throughout (main level covered with carpeting). The large bay window in living room allows for lots of light and spacious feel upon walking in. Newer windows throughout. Backyard has new brick patio for entertaining, and an oversized garage for extra space and parking. Exterior walls have been insulated to reduce energy costs, a newer furnace, and features a newer roof that includes a lifetime warranty. Don't miss this incredible investment opportunity, call today.

Last Agent to Sell the Property

Katie Finger

Realty Executives Premier License #RB17001772 Listed on: 09/13/2018

Realty Executives Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1944

Lot Details

  • 3,720 Sq Ft Lot
  • Lot Dimensions are 31x120
  • Fenced

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement

Kitchen

  • Portable Gas Range
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Hollywood Of Hammond Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450613181016000027

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,357

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1944
  • Reso Property Sub Type: Townhouse
  • ResoLotFeatures: Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1709
  • Co List Office Mls Id: GNR1709
  • Subdivision Name: Hollywood of Hammond
  • Architectural Style: Duplex, Two Story
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 432
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Portable Dishwasher, Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: None
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.0854

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 31x120
  • Lot Size Sq Ft: 3720
  • Parcel #: 450613181016000027

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2357

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Gosea Farris
Bought by
Aey Llc
Current Estimated Value
$258,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 31, 2018
Sold by
Baker Fred L
Bought by
Gosea Farris
Seller's Agent
Katie Finger
Realty Executives Premier
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.75%
Original Mortgage
$135,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 13, 2018
Closed on
Sep 24, 2018
Sold by
Baker Fred
Bought by
Baker Fred L
Seller's Agent
Katie Finger
Realty Executives Premier
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 13, 2018
Closed on
Sep 13, 2018
Sold by
Baker Janice
Bought by
Baker Fred
Seller's Agent
Katie Finger
Realty Executives Premier
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Aey Llc -- Chicago Title Insurance Co
Gosea Farris -- Greater Indiana Title Co
Baker Fred L -- None Available
Baker Fred -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aey Llc $300,000
Closed Aey Llc $210,000
Previous Owner Gosea Farris $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $95,000 0.0% $110 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $95,000 -- $110 / 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 $6,606 $232,000 $43,600 $188,400
2023 $5,371 $216,100 $51,300 $164,800
2022 $5,371 $206,500 $51,300 $155,200
2021 $4,809 $184,200 $30,300 $153,900
2020 $4,675 $178,600 $30,300 $148,300
2019 $3,925 $152,200 $30,300 $121,900
2018 $2,384 $79,100 $15,100 $64,000
2017 $2,357 $78,000 $15,100 $62,900
2016 $2,315 $79,800 $15,100 $64,700
2014 $2,955 $101,300 $15,100 $86,200
2013 $2,849 $99,600 $15,100 $84,500
Source: Public Records

Agents Affiliated with this Home

  • Katie Finger

    Seller's Agent in 2018

    Katie Finger

    Realty Executives

    (757) 816-5257

    7 in this area

    79 Total Sales

    Katie Finger
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR442506

Northwest Indiana Association of REALTORS®

APN: 45-06-13-181-016.000-027

Indiana Lake County Munster 46321

231 Adelaide Place, Munster, IN

This home is located at 231 Adelaide Place, Munster, IN 46321 since 13 September 2018 and is currently estimated at $258,289, approximately $298 per square foot. This property was built in 1944. 231 Adelaide Place is a home located in Lake County with nearby schools including Munster High School, Lansing Christian School, and St. Thomas More School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple 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.

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