NOT LISTED FOR SALE

2538 Schrage Ave Whiting, IN 46394

Whiting Area

Estimated Value: $149,000 - $186,502

5 Beds
2 Baths
1,560 Sq Ft
$110/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2022

Last sale price $139,900 $90 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,156 / mo

Highlights

  • Laundry Facilities
  • Community Deck or Porch
  • Community Storage Space

About This Home

As of March 2022

Money Maker Investment on this 2 unit apartment building; either way, rent one unit and live in the other and your tenant pays for the building or rent both and your tenants pay for the building and you still make a strong cash flow. Each unit has separate furnace and hot water tank, gas meter, and electric meter so tenants pay their own heat, hot water, cooking gas and electric. Owner pay the water bill, sewer and scavenger. Great location in the City of Whiting, Whiting Schools, parks and Lake Michigan recreation.Whiting is located just 20 minutes to Chicago White Sox and the Chicago job market. All sizes and measurements are approximated and not guaranteed.Selling agent and buyers should determine that information for their own satisfaction.

Last Agent to Sell the Property

Albert Minniti

Albert W. Minniti Real Estate License #RB14005785 Listed on: 03/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1914

Lot Details

  • 3,100 Sq Ft Lot

Home Design

  • 1,560 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450317101032000025

Community Details

Overview

  • 2 Units
  • Davidsons Add 07 Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,878

Year Built

Built in 1914

Lot Details

3,100 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1914
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Common Laundry, Porch, Storage
  • Co List Office Mls Id: GNR120
  • Subdivision Name: Davidsons Add 07
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.0712

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 3100
  • Parcel #: 450317101032000025

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1878

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 31, 2022
Sold by
Bought by
Seller's Agent
Albert Minniti
Albert W. Minniti Real Estate
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$171,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,726
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
Oct 7, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,250
Interest Rate
0.0643%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
-- Chicago Title Insurance Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $44,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/08/2022 03/08/22 Sold $139,900 0.0% $90 / Sq Ft
03/08/2022 03/08/22 For Sale $139,900 -- $90 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,566 $136,900 $18,400 $118,500
2024 $5,652 $135,600 $18,400 $117,200
2023 $1,960 $128,300 $18,400 $109,900
2022 $1,960 $98,000 $18,400 $79,600
2021 $1,858 $92,900 $13,600 $79,300
2020 $1,878 $93,900 $13,600 $80,300
2019 $1,806 $90,300 $13,600 $76,700
2018 $1,738 $86,600 $13,600 $73,000
2017 $1,679 $83,600 $13,600 $70,000
2016 $1,682 $83,600 $13,600 $70,000
2014 $1,795 $84,000 $13,500 $70,500
2013 $1,679 $78,400 $13,500 $64,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Albert Minniti

    Albert W. Minniti Real Estate

    (219) 659-7413

    11 Total Sales

    Albert Minniti
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR508715

Northwest Indiana Association of REALTORS®

APN: 45-03-17-101-032.000-025

Indiana Lake County Whiting 46394

2538 Schrage Ave, Whiting, IN

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® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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