NOT LISTED FOR SALE

2700 Elkhart St Lake Station, IN 46405

Estimated Value: $188,000 - $251,000

4 Beds
3 Baths
2,910 Sq Ft
$71/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $120,000 $41 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,546/month

83 Days on Market

About This Home

As of December 2021

This home at 2700 Elkhart Street is a rare buy for an investor. The home is zoned for rentals and has existed as a three unit rental for many years. The basement apartment needs an egress window to rent as the third unit. With the downstairs windows fixed, there are 6 bedrooms, three baths-all appliances in the home included. This home was originally a family home, then converted and upgraded many years ago to use as a rental. A family could live in the main floor/basement and rent out the upstairs. The neighborhood is stable and welcoming, with easy access to main roads including 80/94, Route 6 and Ripley St, and a 10 minute to Lake Michigan.

Last Agent to Sell the Property

Deron Replin

Ginter Realty License #RB19000806 Listed on: 09/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1940

Lot Details

  • 6,490 Sq Ft Lot

Home Design

  • 2,910 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 450918376038000021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,357

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Laundry/Some Units
  • Co List Office Mls Id: GNR185
  • Subdivision Name: None
  • 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: 4

Exterior Features

  • Acres: 0.149

Garage/Parking

  • Parking Features: None

Schools

  • Junior High Dist: Lake Station

Lot Info

  • Lot Size Sq Ft: 6490
  • Parcel #: 450918376038000021
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Favela Cirilo
Bought by
Favela Property Investments 2 Llc
Current Estimated Value
$207,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$154,407
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$52,859

Purchase Details

Listed on
Sep 1, 2021
Closed on
Jan 10, 2022
Sold by
Cromwell Michael P
Bought by
Cromwell Arleen and Cromwell Chester
Seller's Agent
Deron Replin
Ginter Realty
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$84,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2021
Closed on
Dec 30, 2021
Sold by
Cromwell Michael P
Bought by
Cromwell Arleen and Cromwell Chester
Seller's Agent
Deron Replin
Ginter Realty
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 26, 2021
Sold by
Cromwell Michael P
Bought by
Cromwell Arleen and Cromwell Chester
Seller's Agent
Deron Replin
Ginter Realty
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.12%
Mortgage Type
New Conventional
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
Favela Property Investments 2 Llc -- None Listed On Document
Cromwell Arleen -- Chicago Title
Cromwell Arleen -- Chicago Title
Cromwell Arleen -- Chicago Title
Fabela Gillermo -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Property Investments 2 Llc $161,250
Previous Owner Cromwell Arleen $84,000
Previous Owner Fabela Gillermo $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $120,000 0.0% $41 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $120,000 -- $41 / 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 $5,359 $117,300 $14,400 $102,900
2023 $2,905 $115,100 $14,100 $101,000
2022 $2,764 $108,800 $12,200 $96,600
2021 $2,416 $95,100 $10,100 $85,000
2020 $2,357 $92,800 $10,100 $82,700
2019 $2,482 $92,000 $10,100 $81,900
2018 $2,775 $87,800 $10,100 $77,700
2017 $2,728 $85,400 $10,100 $75,300
2016 $2,213 $84,800 $7,700 $77,100
2014 $1,879 $72,700 $7,700 $65,000
2013 $2,006 $72,200 $7,700 $64,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Deron Replin

    Ginter Realty

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR500068

Northwest Indiana Association of REALTORS®

APN: 45-09-18-376-038.000-021

Indiana Lake County Lake Station 46405

2700 Elkhart St, Lake Station, IN

This home is located at 2700 Elkhart St, Lake Station, IN 46405 since 01 September 2021 and is currently estimated at $207,266, approximately $71 per square foot. This property was built in 1940. 2700 Elkhart St is a home located in Lake County with nearby schools including Thomas A. Edison Junior/Senior High School and Hobart Baptist 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