$420,000
SOLD JAN 12, 2024

324 S Main St Crown Point, IN 46307

6 Beds
4 Baths
4,286 Sq Ft
0.25 Acres

Recently Sold

$98 Per Sq Ft

20% Below List Price

202 Days on Market

Highlights

  • Wood Flooring
  • Outdoor Storage
  • 4-minute walk to Bulldog Park
  • Solon Robinson Elementary School Rated A

About This Home

As of January 2024

Looking to start investing? Great low cost investment opportunity! 4 unit apartment building in the heart of Crown Point. Blocks away from the historic square and Bulldog Park. This building has 6 bedrooms split between the 4 units. 2-two bedroom apartments and 2-one bedroom apartments provide for consistent rent coming in. The basement provides room for the coin operated laundry machines and storage for the renters. Tenants pay electric and cooking gas. Award winning Crown Point schools are a huge plus for renters!

Last Agent to Sell the Property

Rich Sassman

Century 21 Circle License #RB16001854

Century 21 Circle

Co-Listed By

David Taylor

Century 21 Circle License #RB14023719

Last Buyer's Agent

Drake Phillips

Realest.com License #RB22000840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,842

Year Built

  • Built in 1890

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 91 x 120

Parking

  • 7 Parking Spaces

Interior Spaces

  • 4,286 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Crown Point High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $44,100
  • Tenant pays for electricity, sewer
  • The owner pays for electricity, gas, sewer, water
  • Rent includes trash collection, water
  • Assessor Parcel Number 451608253004000042

Community Details

Overview

  • 4 Units
  • Crown Point Subdivision

Building Details

  • Net Operating Income $30,067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,842

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRAgenericoffice
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: Crown Point
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Full, Sump Pump
  • Flooring: Hardwood, Linoleum
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.2507
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 7

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other, Trash Collection, Water

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Dimensions: 91 x 120
  • Lot Size Sq Ft: 10920
  • Parcel #: 451608253004000042

Rental Info

  • Tenant Pays: Electricity, Sewer
  • Owner Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 44100

MLS Schools

  • HighSchool: Crown Point High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jan 11, 2024
Sold by
Jtw Investment Properties Llc
Bought by
Smith Benjamin
Seller's Agent
Rich Sassman
Century 21 Circle
Buyer's Agent
Drake Phillips
Realest.com
List Price
$525,000
Sold Price
$420,000
Premium/Discount to List
-$105,000
-20%
Total Days on Market
202
Views
47
Current Estimated Value
$432,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,898
Avg. Annual Appreciation
2.25%
Original Mortgage
$356,750
Outstanding Balance
$352,206
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$80,692

Purchase Details

Listed on
Mar 2, 2015
Closed on
Mar 27, 2015
Sold by
Waszak Christopher
Bought by
Jtv Investment Properties Llc
Seller's Agent
Panagiota Papadatos
Penny P Properties, LLC
Buyer's Agent
Panagiota Papadatos
Penny P Properties, LLC
List Price
$750
Sold Price
$750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.42%
Original Mortgage
$157,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2015
Closed on
Feb 26, 2015
Sold by
Halfman Daniel F and Halfman Agnes
Bought by
Waszak Christopher
Seller's Agent
Panagiota Papadatos
Penny P Properties, LLC
Buyer's Agent
Panagiota Papadatos
Penny P Properties, LLC
List Price
$750
Sold Price
$750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2013
Sold by
Djh Properties Llc
Bought by
Halfman Daniel F and Halfman Agnes

Purchase Details

Closed on
Sep 29, 2006
Sold by
Halfman Daniel F and Halfman Agnes
Bought by
Djh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.49%
Mortgage Type
Unknown

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $420,000 Acuity Title
Quit Claim Deed -- None Available
Warranty Deed -- Professionals Title Svcs Llc
Warranty Deed -- Meridian Title Corp
Warranty Deed -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,750 New Conventional
Previous Owner $250,000 Commercial
Previous Owner $157,500 New Conventional
Previous Owner $40,000 Unknown
Previous Owner $50,000 Unknown
Previous Owner $215,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $420,000 -6.7% $98 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/01/2023 12/01/23 Price Changed $450,000 -14.3% $105 / Sq Ft
06/20/2023 06/20/23 For Sale $525,000 +59900.0% $122 / Sq Ft
06/21/2018 06/21/18 Sold $875 0.0% $1 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $875 -18.6% $1 / Sq Ft
07/09/2017 07/09/17 Sold $1,075 0.0% $1 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $1,075 +7.5% $1 / Sq Ft
05/14/2016 05/14/16 Sold $1,000 0.0% $1 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $1,000 +33.3% $1 / Sq Ft
02/02/2016 02/02/16 Sold $750 0.0% $1 / Sq Ft
02/02/2016 02/02/16 For Sale $750 0.0% $1 / Sq Ft
04/01/2015 04/01/15 Sold $750 0.0% $1 / Sq Ft
03/02/2015 03/02/15 For Sale $750 -99.6% $1 / Sq Ft
02/26/2015 02/26/15 Sold $210,000 0.0% $68 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
06/26/2014 06/26/14 For Sale $210,000 -- $68 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $8,842 $349,900 $61,600 $288,300
2023 $7,098 $321,700 $61,600 $260,100
2022 $6,555 $296,600 $61,600 $235,000
2021 $6,210 $281,000 $51,200 $229,800
2020 $6,075 $274,900 $51,200 $223,700
2019 $5,840 $262,200 $51,200 $211,000
2018 $6,485 $252,700 $51,200 $201,500
2017 $6,443 $248,000 $51,200 $196,800
2016 $6,843 $258,900 $51,200 $207,700
2014 $6,056 $243,700 $69,400 $174,300
2013 $5,779 $229,800 $69,400 $160,400
Source: Public Records

Source: Northwest Indiana Association of REALTORS®

MLS Number: 532264

Northwest Indiana Association of REALTORS®

APN: 45-16-08-253-004.000-042