NOT LISTED FOR SALE

2502 E 140th Place East Chicago, IN 46312

Sunnyside Neighborhood

Estimated Value: $123,000 - $145,000

3 Beds
1.5 Baths
1,016 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $32,000 $31 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $1,003/month

26 Days on Market

Highlights

  • Deck
  • Living Room
  • Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Fenced

About This Home

As of May 2020

Sunny Half Duplex in East Chicago! Three bedrooms, one and a half baths, large eat in kitchen separate dining and living rooms. Full basement and two car garage, too! Nice location close to Columbus Avenue and Cline Avenue. This is a Fannie Mae HECM Reverse Mortgage Property.

Last Listed By

Michele O'Connor

RE/MAX 10 Schererville License #RB14048805 Listed on: 03/04/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,402 Sq Ft Lot
  • Lot Dimensions are 54x63
  • Fenced

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 1,016 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Sunnyside Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450322456013000024

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: Sunnyside Add
  • Architectural Style: Duplex, Two Story
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 508
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck, Fence
  • Acres: 0.0781

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 54X63
  • Lot Size Sq Ft: 3402
  • Parcel #: 450322456013000024

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 1044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2023
Sold by
Dad Portfolio V Llc
Bought by
Dad Prop Portfolio Ii Llc
Total Days on Market
26
Current Estimated Value
$131,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,666,850
Outstanding Balance
$2,603,162
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,476,027

Purchase Details

Closed on
Mar 22, 2023
Sold by
Dad Portfolio V Llc
Bought by
Dad Properties Portfolio Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,666,850
Outstanding Balance
$2,603,162
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,476,027

Purchase Details

Listed on
Mar 4, 2020
Closed on
Jun 18, 2020
Sold by
Fannie Mae
Bought by
Dads Loc Llc
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Sharae Wesson
SLW Realty Group Corporation
List Price
$32,000
Sold Price
$32,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.92%

Purchase Details

Closed on
Dec 6, 2019
Sold by
Krol Dorothy and Krol Stanley J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 15, 2017
Sold by
Krol Stanley J
Bought by
Krol Stanley J and Krol Dorothy

Purchase Details

Closed on
Oct 27, 2017
Sold by
Krol Dorothy
Bought by
Korl Stnaley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,997
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2007
Sold by
Krol Stanley
Bought by
Krol Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.44%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Range of Values:

Collateral Analytics

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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
Dad Prop Portfolio Ii Llc -- Near North Title Group
Dad Properties Portfolio Ii Llc -- Near North Title Group
Dads Loc Llc -- None Available
Federal National Mortgage Association $39,000 None Available
Krol Stanley J -- None Available
Korl Stnaley J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dad Prop Portfolio Ii Llc $2,666,850
Closed Dad Properties Portfolio Ii Ll $2,666,850
Closed Dad Properties Portfolio Ii Llc $2,666,850
Previous Owner Valazquez Albertina $19,997
Previous Owner Krol Dorothy $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $32,000 0.0% $31 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $32,000 -- $31 / 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 $3,264 $74,200 $10,600 $63,600
2023 $1,184 $68,400 $10,600 $57,800
2022 $1,184 $59,200 $13,300 $45,900
2021 $1,096 $54,800 $12,600 $42,200
2020 $982 $49,100 $12,600 $36,500
2019 $1,070 $45,900 $12,600 $33,300
2018 $1,044 $44,300 $12,600 $31,700
2017 $96 $42,700 $12,600 $30,100
2016 $96 $48,000 $12,600 $35,400
2014 $76 $53,400 $12,700 $40,700
2013 $132 $59,100 $12,600 $46,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michele O'Connor

    RE/MAX

  • Sharae Wesson

    Buyer's Agent in 2020

    Sharae Wesson

    SLW Realty Group Corporation

    (219) 902-6181

    5 in this area

    94 Total Sales

    Sharae Wesson
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR471113

Northwest Indiana Association of REALTORS®

APN: 45-03-22-456-013.000-024

Indiana Lake County East Chicago 46312 Sunnyside

2502 E 140th Place, East Chicago, IN

Homes for Sale in East Chicago, IN

This home is located at 2502 E 140th Place, East Chicago, IN 46312 since 04 March 2020 and is currently estimated at $131,835, approximately $129 per square foot. This property was built in 1920. 2502 E 140th Place is a home located in Lake County with nearby schools including East Chicago Central High School, East Chicago Lighthouse, and East Chicago Urban Enterprise Academy.

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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