NOT LISTED FOR SALE

2604 40th Place Highland, IN 46322

Estimated Value: $336,000 - $481,000

6 Beds
3 Baths
2,648 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $230,000 $87 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,846/month

181 Days on Market

About This Home

As of August 2017

Great investment opportunity! Tri Plex in a great Highland location. 1- 1bed, 1- 2bed, 1- 3 bed All semi remodeled. Each unit has its own washer/dryer hook up, stove, fridge and AC unit. 2 units have central AC, 1 unit has window unit. ALL 3 furnaces are either NEW or NEWER. Tenants pay all utilities (3 meters). 2 units are rented on a lease. 1 Bed unit is still vacant. Garage is over sized with room for 4 cars (2.5 car width, by 2.5 car deep) with a tall loft area. SELLER SAYS BRING AN OFFER!!

Last Agent to Sell the Property

Laurene Lemanski

Briar Executive Realty License #RB14043334 Listed on: 01/11/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 1971

Lot Details

  • 8,400 Sq Ft Lot

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Home Design

  • 2,648 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450728179001000026

Community Details

Overview

  • 3 Units
  • Ridgeland Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,314

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Laundry
  • Co List Office Mls Id: GNR1447
  • Subdivision Name: Ridgeland Add
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.1928

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached, Garage Door Opener

Schools

  • Junior High Dist: Highland

Lot Info

  • Lot Size Sq Ft: 8400
  • Parcel #: 450728179001000026

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
Aug 10, 2017
Sold by
Chicago Land Proeprites Llc
Bought by
Jessen Jacob M
Seller's Agent
Laurene Lemanski
Briar Executive Realty
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$398,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,695
Avg. Annual Appreciation
6.99%
Original Mortgage
$225,834
Outstanding Balance
$189,249
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$209,446
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 Buyer Sale Price Title Company
Jessen Jacob M -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jessen Jacob M $225,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $230,000 0.0% $87 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $230,000 -- $87 / 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 $8,781 $375,800 $44,800 $331,000
2023 $6,768 $338,400 $37,100 $301,300
2022 $4,415 $297,500 $37,100 $260,400
2021 $3,910 $263,900 $30,500 $233,400
2020 $3,717 $255,200 $30,500 $224,700
2019 $3,717 $245,300 $30,500 $214,800
2018 $3,901 $229,800 $30,500 $199,300
2017 $3,976 $214,300 $30,500 $183,800
2016 $5,257 $218,900 $30,500 $188,400
2014 $5,126 $215,000 $30,500 $184,500
2013 $3,477 $213,500 $30,500 $183,000
Source: Public Records

Agents Affiliated with this Home

  • Laurene Lemanski

    Seller's Agent in 2017

    Laurene Lemanski

    Briar Executive Realty

    (219) 931-4663

    1 in this area

    112 Total Sales

    Laurene Lemanski
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR407228

Northwest Indiana Association of REALTORS®

APN: 45-07-28-179-001.000-026

Indiana Lake County Highland 46322

2604 40th Place, Highland, IN

This home is located at 2604 40th Place, Highland, IN 46322 since 11 January 2017 and is currently estimated at $398,695, approximately $150 per square foot. This property was built in 1971. 2604 40th Place is a home located in Lake County with nearby schools including Highland High School, Highland Christian School, and Our Lady Of Grace 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.

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