2871 Cass St Lake Station, IN 46405
Estimated Value: $117,179 - $131,000
2
Beds
1
Bath
816
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- Deck
- 1.5 Car Detached Garage
- Forced Air Heating System
- Ranch Style House
- Living Room
- 3-minute walk to Columbus Park
About This Home
As of June 2021Investors, Needs your touch- SOLD AS IS - Rents for $800-month
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,199
Year Built
- Built in 1937
Lot Details
- 6,360 Sq Ft Lot
- Lot Dimensions are 50x127
Parking
- 1.5 Car Detached Garage
Home Design
- Ranch Style House
- Fixer Upper
- Vinyl Siding
Interior Spaces
- 816 Sq Ft Home
- Living Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Deck
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- East Gary 03 Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 450813483017000021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2022
Sold by
Favela Homes Invest Llc
Bought by
Favela Property Investments 2 Llc
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,800
Outstanding Balance
$481,193
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$361,718
Purchase Details
Closed on
May 31, 2022
Sold by
Favela Homes Invest Llc
Bought by
Favela Property Investments 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,800
Outstanding Balance
$481,193
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$361,718
Purchase Details
Listed on
May 22, 2021
Closed on
Jun 18, 2021
Sold by
Gardner Wally and Gardner Alan C
Bought by
Favela Homes Invest Llc
Seller's Agent
Yvonne Sabocik
Century 21 Alliance Group
List Price
$55,000
Sold Price
$55,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.70%
Purchase Details
Closed on
Mar 6, 2015
Sold by
Lerose Margaret M
Bought by
Gardner Jacqueline
Similar Homes in the area
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 |
|---|---|---|---|
| Favela Property Investments 2 Llc | -- | Meridian Title | |
| Favela Property Investments 2 Llc | -- | Meridian Title | |
| Favela Homes Invest Llc | -- | Meridian Titel Corp | |
| Gardner Jacqueline | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Favela Property Investments 2 Llc | $502,800 | |
| Closed | Favela Property Investments 2 Llc | $502,800 | |
| Previous Owner | Favela Homes Llc | $84,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $55,000 | 0.0% | $67 / Sq Ft |
| 05/26/2021 05/26/21 | Pending | -- | -- | -- |
| 05/22/2021 05/22/21 | For Sale | $55,000 | -- | $67 / 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 | $2,575 | $90,400 | $14,000 | $76,400 |
| 2023 | $1,396 | $55,300 | $14,000 | $41,300 |
| 2022 | $1,308 | $51,500 | $12,000 | $39,500 |
| 2021 | $1,135 | $44,700 | $10,000 | $34,700 |
| 2020 | $1,113 | $43,800 | $10,000 | $33,800 |
| 2019 | $1,199 | $41,500 | $10,000 | $31,500 |
| 2018 | $1,319 | $40,000 | $10,000 | $30,000 |
| 2017 | $1,222 | $35,600 | $10,000 | $25,600 |
| 2016 | $1,028 | $36,200 | $10,000 | $26,200 |
| 2014 | $933 | $36,100 | $5,000 | $31,100 |
| 2013 | $989 | $35,600 | $5,000 | $30,600 |
Source: Public Records
Agents Affiliated with this Home
-
Yvonne Sabocik
Seller's Agent in 2021
Yvonne Sabocik
Century 21 Alliance Group
(219) 462-2090
4 in this area
33 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR493513
APN: 45-08-13-483-017.000-021
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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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