Seller's Agent in 2024
Heidi Richardson
Listing Leaders
(219) 916-4299
1 in this area
15 Total Sales
2783-85 Emerson St Portage, IN 46368
Estimated Value: $200,000 - $254,000
4
Beds
2
Baths
1,794
Sq Ft
$133/Sq Ft
Est. Value
About This Home
As of January 2024This beautiful all brick ranch is the way to start your real estate investing career! Super clean, well maintained, and partially renovated multi unit property will fetch more rent than it currently is set at. Our two-bedroom , one bathroom apartments feature huge eat in kitchens, the convience of in-unit laundry, updated floors, and both renovated bathrooms. The flat backyard is spacious and both of the new storage sheds stay with the property. This two unit is perfect for an investor or owner occupant that wants to have rental income to pay for thier mortgage. Don't miss this opportunity. Schedule your showing today!
Last Agent to Sell the Property
Listing Leaders License #RB16000302 Listed on: 10/28/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,030
Year Built
- Built in 1972
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 100x131
Parking
- 4 Parking Spaces
Home Design
- Brick Foundation
Interior Spaces
- 1,794 Sq Ft Home
- Elevator
- Carpet
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Listing and Financial Details
- Total Actual Rent $16,800
- Tenant pays for electricity, gas, sewer, water
- Assessor Parcel Number 640514303002000016
Community Details
Overview
- 2 Units
- Garyton Subdivision
Building Details
- Insurance Expense $1,687
- Supplies Expense $43,506
- Trash Expense $816
- New Taxes Expense $2,830
- Net Operating Income $9,358
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2023
Closed on
Jan 5, 2024
Sold by
Scott Richard E and Scott Robert E
Bought by
Mahome Deante
Seller's Agent
Heidi Richardson
Listing Leaders
Buyer's Agent
Deante Mahome
Century 21 Circle
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,065
Avg. Annual Appreciation
-2.79%
Original Mortgage
$258,250
Outstanding Balance
$254,013
Interest Rate
7.29%
Mortgage Type
VA
Estimated Equity
-$16,078
Purchase Details
Closed on
Mar 23, 2016
Sold by
Scott Richard E and Scott Robert E
Bought by
Scott Richard E and Scott Robert E
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mahome Deante | -- | Chicago Title | |
| Scott Richard E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mahome Deante | $258,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2024 01/08/24 | Sold | $250,000 | -5.7% | $139 / Sq Ft |
| 11/29/2023 11/29/23 | Pending | -- | -- | -- |
| 10/28/2023 10/28/23 | For Sale | $265,000 | -- | $148 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $3,030 | $231,400 | $39,500 | $191,900 |
| 2023 | $2,990 | $149,500 | $37,600 | $111,900 |
| 2022 | $2,830 | $141,500 | $37,600 | $103,900 |
| 2021 | $2,684 | $132,200 | $37,600 | $94,600 |
| 2020 | $2,376 | $116,800 | $34,300 | $82,500 |
| 2019 | $2,376 | $116,800 | $34,300 | $82,500 |
| 2018 | $2,288 | $112,400 | $34,300 | $78,100 |
| 2017 | $2,166 | $106,300 | $34,300 | $72,000 |
| 2016 | $2,046 | $100,300 | $30,600 | $69,700 |
| 2014 | $2,042 | $100,100 | $30,700 | $69,400 |
| 2013 | -- | $98,000 | $30,700 | $67,300 |
Source: Public Records
Agents Affiliated with this Home
-
Heidi Richardson
-
Michelle Zupan
Seller Co-Listing Agent in 2024
Michelle Zupan
Key Realty Indiana, LLC
(219) 613-6020
44 in this area
201 Total Sales
-
Deante Mahome
Buyer's Agent in 2024
Deante Mahome
Century 21 Circle
(219) 290-7814
1 in this area
1 Total Sale
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 540895
APN: 64-05-14-303-002.000-016
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.
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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