$210,000
SOLD FEB 26, 2015

324 S Main St Crown Point, IN 46307

6 Beds
4 Baths
3,066 Sq Ft
0.25 Acres

Recently Sold

$68 Per Sq Ft

152 Days on Market

About This Home

As of January 2024

Great Investment Opportunity for a hard to Find 4 Unit Building Just a Block from the Crown Point Square. This building hosts 4 units, two 2 bedroom and two 1 bedroom units with 7 parking spaces off of School St. The upper rear apartment has attic stairway to additional room which can function as a second bedroom. Great cash flow. There are charming details throughout including built-in cabinetry in some units, over-sized trim and hardwood flooring. New roof in the past 5 years. Basement which offers the potential to install coin laundry machines. Tenants pay electric and cooking gas. Great location walking distance to historic downtown for easy renting. Call today to learn more.

Last Agent to Sell the Property

Bart Botkin

McColly Real Estate License #RB14046231 Listed on: 06/26/2014

McColly Real Estate

Co-Listed By

Karen Love

McColly Real Estate License #RB14045101

Last Buyer's Agent

Jana Caudill

eXp Realty, LLC License #RB14024542

eXp Realty, LLC

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 91x120

Parking

  • 7 Parking Spaces

Interior Spaces

  • 3,066 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Total Actual Rent $35,760
  • Rent includes trash collection, water
  • Assessor Parcel Number 451608253004000042

Community Details

Overview

  • 4 Units
  • Original Town Of Crown Point Subdivision

Building Details

  • Insurance Expense $3,189
  • Supplies Expense $2,091
  • Water Sewer Expense $3,408
  • New Taxes Expense $6,052
  • Net Operating Income $19,065

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
  • Reso Property Sub Type: Quadruplex
  • Road Surface Type: Concrete
  • Supplies Expense: 2091
  • Co List Office Mls Id: NRA246
  • Subdivision Name: Original Town of Crown Point
  • WaterExpense: 3408.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.25
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 7

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: None, 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: 91x120
  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres
  • Parcel #: 451608253004000042
  • ResoLotSizeUnits: Acres

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 3189
  • Total Actual Rent: 35760

Tax Info

  • New Taxes Expense: 6052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jan 12, 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%
Views
47
Current Estimated Value
$442,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,813
Avg. Annual Appreciation
3.14%
Original Mortgage
$356,750
Outstanding Balance
$350,926
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$91,887

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%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,750
Outstanding Balance
$350,926
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$91,887

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
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 Type Sale Price Title Company
Warranty Deed -- Acuity Title
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
Closed $356,750 New Conventional
Previous Owner $157,500 New Conventional
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 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 $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

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rich Sassman

    Century 21 Circle

    Section Image
  • David Taylor

    Seller Co-Listing Agent in 2024

    David Taylor

    McColly Real Estate

    (219) 306-7812

    30 in this area

    236 Total Sales

    David Taylor
    Section Image
  • Drake Phillips

    Buyer's Agent in 2024

    Drake Phillips

    Realest.com

    (219) 805-1993

    1 in this area

    36 Total Sales

    Drake Phillips
    Section Image
  • Panagiota Papadatos

    Seller's Agent in 2018

    Panagiota Papadatos

    Penny P Properties, LLC

    (219) 627-1800

    39 Total Sales

    Panagiota Papadatos
    Section Image

  • L

    Buyer's Agent in 2017

    Lynn Bainer

    Keller Williams NW Indiana

  • Bart Botkin

    Seller's Agent in 2015

    Bart Botkin

    McColly Real Estate

    (219) 789-5884

    11 in this area

    71 Total Sales

    Bart Botkin
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 353096

Northwest Indiana Association of REALTORS®

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

Indiana Lake County Crown Point 46307

324 S Main St, Crown Point, IN

This home is located at 324 S Main St, Crown Point, IN 46307 and is currently priced at $210,000, approximately $68 per square foot. This property was built in 1890. 324 S Main St is a home located in Lake County with nearby schools including Solon Robinson Elementary School, Robert Taft Middle School, and Crown Point High School.

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.

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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