324 S Main St Crown Point, IN 46307
About This Home
As of January 2024Great 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.
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
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: Northwest Indiana Association of REALTORS®
MLS Number: 353096
APN: 45-16-08-253-004.000-042
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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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