2804 Schrage Ave Whiting, IN 46394
Estimated payment $1,525/month
Total Views
8,950
4
Beds
2
Baths
1,568
Sq Ft
$153
Price per Sq Ft
Highlights
- No HOA
- 1-Story Property
- Carpet
- Neighborhood Views
- Forced Air Heating and Cooling System
- 3-minute walk to Amoco Park
About This Home
Investor's Dream in Prime Whiting LocationWelcome to 2804 Schrage Ave, a rare opportunity to own two updated 2-bedroom homes on one lot in one of Whiting's most desirable rental areas! Whether you're house hacking or building your investment portfolio, this unique property offers strong rental income potential.The front home features a spacious layout with a full basement, perfect for additional storage or future living space. The rear home is a comfortable slab-style residence with an efficient floor plan. Both homes are equipped with central air conditioning, offering modern comfort year-round.Situated on a well-maintained lot with a private yard, this property offers both tenants and owners space to relax outdoors. Just minutes from downtown Whiting, Lake Michigan, and the refinery, this location remains a top choice for long-term tenants and commuters alike.Live in one and rent the other, or rent both for consistent monthly cash flow. Properties like this are hard to come by. Don't miss your chance to own a true income-generating gem!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,602
Year Built
- Built in 1961
Parking
- Off-Street Parking
Interior Spaces
- 1,568 Sq Ft Home
- 1-Story Property
- Carpet
- Neighborhood Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Additional Features
- 5,000 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 450317153015000025
Community Details
Overview
- No Home Owners Association
- 2 Units
- Davidsons Add 07 Subdivision
Pet Policy
- No Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,731 | $137,000 | $27,800 | $109,200 |
| 2023 | $2,112 | $130,100 | $27,800 | $102,300 |
| 2022 | $2,112 | $105,600 | $27,800 | $77,800 |
| 2021 | $1,996 | $99,800 | $20,500 | $79,300 |
| 2020 | $1,926 | $96,300 | $20,500 | $75,800 |
| 2019 | $1,856 | $92,800 | $20,500 | $72,300 |
| 2018 | $924 | $45,500 | $20,500 | $25,000 |
| 2017 | $905 | $44,500 | $20,500 | $24,000 |
| 2016 | $915 | $98,900 | $20,500 | $78,400 |
| 2014 | $935 | $136,300 | $20,500 | $115,800 |
| 2013 | $857 | $127,100 | $20,600 | $106,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $240,000 | -4.0% | $153 / Sq Ft |
| 07/08/2025 07/08/25 | For Sale | $250,000 | +426.3% | $159 / Sq Ft |
| 05/28/2015 05/28/15 | Sold | $47,500 | 0.0% | $30 / Sq Ft |
| 05/01/2015 05/01/15 | Pending | -- | -- | -- |
| 05/22/2014 05/22/14 | For Sale | $47,500 | -- | $30 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $77,000 | New Conventional | |
| Closed | -- | No Value Available |
Source: Public Records
Similar Homes in Whiting, IN
Source: Northwest Indiana Association of REALTORS®
MLS Number: 823872
APN: 45-03-17-153-015.000-025
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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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