NOT LISTED FOR SALE

2480 Sullivan St Lake Station, IN 46405

Estimated Value: $177,000 - $185,041

4 Beds
2 Baths
1,850 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $60,010 $32 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,140/month

177 Days on Market

About This Home

As of May 2018

2 Unit building. Live in one and have your tenants pay the mortgage. Maintenance free exterior. Large back yard. Separate entrances. Needs a little TLC. Sold As Is.

Last Agent to Sell the Property

Ollie Buchanan

Vylla Home License #RB16001617 Listed on: 11/14/2017

Last Buyer's Agent

Heather Bowser

Starz Realty, LLC License #RB14041800

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,076

Year Built

  • Built in 1920

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 40x124

Interior Spaces

  • 1,850 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 450916182030000021

Community Details

Overview

  • 2 Units
  • Monzella Heights Subdivision

Building Details

  • New Taxes Expense $2,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,076

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Reso Property Sub Type: Duplex
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1327
  • Subdivision Name: Monzella Heights
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Partial
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.1139
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Sewer Available
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Lake Station

Lot Info

  • Lot Dimensions: 40x124
  • Lot Size Sq Ft: 4960
  • Parcel #: 450916182030000021

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 2525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2019
Sold by
Rainstone Properties Llc
Bought by
2480 Sullivan Street Trust
Current Estimated Value
$181,010

Purchase Details

Closed on
Feb 27, 2019
Sold by
Bailey Wayne
Bought by
Rainstone Properties Llc

Purchase Details

Closed on
Nov 20, 2018
Sold by
Olson Group Network Llc
Bought by
Bailey Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,875
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2017
Closed on
May 29, 2018
Sold by
Wilmighton Savings Fund Socurty
Bought by
Olson Group Network Llc
Seller's Agent
Ollie Buchanan
Vylla Home
Buyer's Agent
Heather Bowser
Starz Realty, LLC
List Price
$60,010
Sold Price
$60,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%
Original Mortgage
$86,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 6, 2017
Sold by
Paladini Mary Ellen
Bought by
Wilmington Saving Fund Society Fsb
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2480 Sullivan Street Trust -- None Available
Rainstone Properties Llc -- Indiana Title Network Co
Bailey Wayne -- Indiana Title Network Co
Olson Group Network Llc -- Indiana Title Network Co
Wilmington Saving Fund Society Fsb $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Wayne $91,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $60,010 0.0% $32 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
11/14/2017 11/14/17 For Sale $60,010 -- $32 / 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 $6,076 $137,200 $14,700 $122,500
2023 $3,493 $130,500 $13,200 $117,300
2022 $3,493 $137,500 $12,800 $124,700
2021 $3,109 $122,400 $8,500 $113,900
2020 $2,840 $111,800 $8,500 $103,300
2019 $2,820 $105,300 $8,500 $96,800
2018 $3,075 $98,000 $8,500 $89,500
2017 $3,076 $96,900 $8,500 $88,400
2016 $2,525 $97,600 $8,500 $89,100
2014 $2,819 $108,900 $8,500 $100,400
2013 $3,229 $116,000 $8,500 $107,500
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2018

    Ollie Buchanan

    Vylla Home

    (708) 305-0775

    1 in this area

    27 Total Sales

    Ollie Buchanan
    Section Image

  • H

    Buyer's Agent in 2018

    Heather Bowser

    Starz Realty, LLC

    (219) 306-8911

    2 Total Sales

    Heather Bowser
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 425628

Northwest Indiana Association of REALTORS®

APN: 45-09-16-182-030.000-021

Indiana Lake County Lake Station 46405

2480 Sullivan St, Lake Station, IN

This home is located at 2480 Sullivan St, Lake Station, IN 46405 since 14 November 2017 and is currently estimated at $181,010, approximately $97 per square foot. This property was built in 1920. 2480 Sullivan St is a home located in Lake County with nearby schools including Thomas A. Edison Junior/Senior High School, Charter School Of The Dunes, and Portage Christian 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.

Nearby Homes