NOT LISTED FOR SALE

2601 Morningside Dr Crown Point, IN 46307

32 Beds
32 Baths
16,720 Sq Ft
1987 Built

Last Sold July 11, 2013

Last sale price $1,730,000 $103 Per Sq Ft

165 Days on Market

Highlights

  • Deck
  • Balcony
  • Patio
  • Homan Elementary School Rated A
  • 35 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2013

RARE INVESTMENT OPPORTUNITY!!! Two 16 unit apartment buildings (2601-2615 Morningside Dr. and 2633-2649 Morningside Dr.) All 32 apartments are two bedrooms, one bath, and each apartment has its own one car garage space All units are leased except for the one that is used for showings. Each building has two laundry facilities with coin operated washer and dryer. These two buildings have been maintained in excellent condition.

Last Agent to Sell the Property

Scott Spevacek

Century 21 Circle License #RB14024642 Listed on: 06/25/2012

Century 21 Circle

Last Buyer's Agent

Scott Spevacek

Century 21 Circle License #RB14024642 Listed on: 06/25/2012

Century 21 Circle

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Parking

  • 35 Car Detached Garage

Home Design

  • 16,720 Sq Ft Home
  • Brick Foundation

Kitchen

  • Dishwasher

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 32 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Total Actual Rent $224,228
  • Rent includes trash collection, water
  • Assessor Parcel Number 451123285001000036

Community Details

Building Details

  • Electric Expense $1,995
  • Insurance Expense $14,000
  • Trash Expense $7,971
  • Water Sewer Expense $11,510
  • New Taxes Expense $47,641
  • Gross Income $5,400
  • Net Operating Income $135,422

Additional Features

  • Harvest Manor Subdivision
  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1987

Parking

35

Listing Details

  • Property Type: Residential Income
  • Year Built: 1987
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: Common Area
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: Harvest Manor
  • Garage Yn: Yes
  • WaterExpense: 11510.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement YN: No
  • Full Bathrooms: 32
  • Total Bedrooms: 32
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 35
  • Parking Features: Detached
  • Total Parking Spaces: 21

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Central Air, Individual Units
  • Heating: Forced Air, Individual Unit, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Fee Information

  • Trash Expense: 7971

Schools

  • Junior High Dist: Lake Central

Lot Info

  • Lot Dimensions: ?
  • Parcel #: 451123285001000036
  • Zoning Description: Residential

Rental Info

  • LeaseType: Net

Multi Family

  • Electric Expense: 1995
  • Annual Gross Income: 5400
  • Insurance Expense: 14000
  • Total Actual Rent: 224228

Tax Info

  • New Taxes Expense: 47641
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2013 07/11/13 Sold $1,730,000 0.0% $103 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
06/25/2012 06/25/12 For Sale $1,730,000 -- $103 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $19,879 $1,085,900 $247,000 $838,900
2024 $22,838 $1,059,400 $247,000 $812,400
2023 $19,139 $1,121,500 $247,000 $874,500
2022 $19,139 $1,037,800 $247,000 $790,800
2021 $17,373 $955,000 $247,000 $708,000
2020 $17,890 $958,200 $247,000 $711,200
2019 $18,852 $924,600 $247,000 $677,600
2018 $19,211 $930,300 $269,200 $661,100
2017 $18,070 $925,200 $269,200 $656,000
2016 $18,670 $955,800 $269,200 $686,600
2014 $17,992 $959,500 $271,700 $687,800
2013 $18,707 $970,100 $271,700 $698,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 310302

Northwest Indiana Association of REALTORS®
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