NOT LISTED FOR SALE

2871 Cass St Lake Station, IN 46405

Estimated Value: $76,000 - $131,321

2 Beds
1 Bath
816 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $55,000 $67 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $813/month

4 Days on Market

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 2021

Investors, Needs your touch- SOLD AS IS - Rents for $800-month

Last Agent to Sell the Property

Yvonne Sabocik

Century 21 Alliance Group License #RB14050632 Listed on: 05/22/2021

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
  • Paved or Partially Paved Lot

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,199

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: GNR693
  • Subdivision Name: East Gary 03
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.146

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50x127
  • Lot Size Sq Ft: 6360
  • Parcel #: 450813483017000021

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1199

Multi Family

  • Existing Lease Type: Net

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
Current Estimated Value
$112,830

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
$477,744
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$364,914

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
$477,744
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$364,914

Purchase Details

Closed on
May 26, 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
$477,744
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$364,914

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
18.28%

Purchase Details

Closed on
Mar 6, 2015
Sold by
Lerose Margaret M
Bought by
Gardner Jacqueline
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
Favela Property Investments 2 Llc -- Meridian Title
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
Closed Favela Property Investments 2 Llc $502,800
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

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 $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

    32 Total Sales

    Yvonne Sabocik
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR493513

Northwest Indiana Association of REALTORS®

APN: 45-08-13-483-017.000-021

Indiana Lake County Lake Station 46405

2871 Cass St, Lake Station, IN

This home is located at 2871 Cass St, Lake Station, IN 46405 since 22 May 2021 and is currently estimated at $112,830, approximately $138 per square foot. This property was built in 1937. 2871 Cass St is a home located in Lake County with nearby schools including Thomas A. Edison Junior/Senior High School and Hobart Baptist School.

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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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