$18,000
SOLD JUL 24, 2014

2450 Wells St Lake Station, IN 46405

2 Beds
2 Baths
1,680 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

39 Days on Market

Highlights

  • Wooded Lot
  • 1 Car Attached Garage
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • Fenced

About This Home

As of August 2021

Frame ranch on a quiet street two bedrooms one bathroom interior repairs needed cash or rehab loan attached garage fenced rear yard. This property is a REO subject to sellers first look initiative which allows OWNER OCCUPANT OFFERS only the first 20 days of the listing which expires 6/26/14. Write all offers subject to buyers review and acceptance of sellers as is addendums example attached to listing. Closing time frames cash 30 days, conventional 45 and FHA 60 include a copy of lender prequalification or proof of funds include a COPY OF A CASHIERS CHECK for earnest money all offers subject to sellers management approval allow ample counter offer response times email offers to broker indicate if owner occupant of investor.

Last Agent to Sell the Property

Edd Riley

Vail Realty License #RB14015646 Listed on: 06/05/2014

Last Buyer's Agent

Neal Frendling

Advanced Real Estate, LLC License #RB14044715

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Fenced
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Park Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450916282026000021

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level, Paved, Wooded
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA424
  • Subdivision Name: Park Ridge
  • Above Grade Finished Sq Ft: 840
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 840
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.14
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Forced Air, Humidity Control, Natural Gas, None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Station

Lot Info

  • Lot Dimensions: 50x126
  • Lot Size Sq Ft: 6098
  • Parcel #: 450916282026000021

Tax Info

  • Year: 2012
  • Tax Annual Amount: 569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2022
Sold by
Dakota Properties Llc
Bought by
Dakota Holdings Port-8 Llc
Current Estimated Value
$138,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$973,000
Outstanding Balance
$746,525
Interest Rate
5.21%
Mortgage Type
New Conventional
Estimated Equity
-$607,858

Purchase Details

Closed on
Nov 25, 2021
Sold by
Dakota Properties Llc
Bought by
Dakota Holdings Llc

Purchase Details

Closed on
Oct 25, 2021
Sold by
Dakota Properties Llc
Bought by
Dakota Holdings Llc

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 10, 2021
Sold by
Fox Michael
Bought by
Dakota Properties Llc
Seller's Agent
Megan Reithel
Listing Leaders Select, LLC
Buyer's Agent
George Kochis
Complete Asset Protection Serv
List Price
$93,000
Sold Price
$93,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jul 24, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fox Michael
Seller's Agent
Edd Riley
Vail Realty
Buyer's Agent
Neal Frendling
Advanced Real Estate, LLC
List Price
$18,000
Sold Price
$18,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.23%

Purchase Details

Closed on
May 2, 2014
Sold by
Brasser David J and Brasser Dave
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 17, 2007
Sold by
Dickerson Karen R
Bought by
Brasser David J and Brasser Jayme M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Special Warranty Deed -- Westcor Investor Services
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed -- Chicago Title Insurance Co
Special Warranty Deed -- Total Title
Sheriffs Deed $56,038 None Available
Warranty Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $973,000 New Conventional
Previous Owner $59,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $93,000 0.0% $74 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $93,000 +416.7% $74 / Sq Ft
07/24/2014 07/24/14 Sold $18,000 0.0% $11 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $18,000 -- $11 / 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 $4,642 $102,500 $16,600 $85,900
2023 $2,525 $99,700 $16,700 $83,000
2022 $2,460 $96,500 $16,200 $80,300
2021 $2,159 $84,700 $10,800 $73,900
2020 $2,159 $84,700 $10,800 $73,900
2019 $2,210 $81,000 $10,800 $70,200
2018 $2,426 $77,400 $10,800 $66,600
2017 $2,597 $80,800 $10,800 $70,000
2016 $2,172 $82,800 $10,800 $72,000
2014 $442 $49,700 $10,800 $38,900
2013 $493 $53,600 $10,800 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 351652

Northwest Indiana Association of REALTORS®

APN: 45-09-16-282-026.000-021