NOT LISTED FOR SALE

3505 Fir St East Chicago, IN 46312

Indiana Harbor Neighborhood

Estimated Value: $178,000 - $187,000

6 Beds
3 Baths
3,600 Sq Ft
$50/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $42,500 $12 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $1,161/month

361 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Community Storage Space
  • 3-minute walk to Nunez Park

About This Home

As of November 2016

Incredible money maker ready for new owner. This brick 3-unit is solid and a consistent income producer. Provides $1800/mo in rental income when fully occupied.

Last Agent to Sell the Property

Scott LaMantia

McColly Real Estate License #RB14032995 Listed on: 10/27/2015

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • 3,600 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450322158003000024

Community Details

Overview

  • 3 Units
  • Indiana Harbor Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Fenced around community

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1918
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Fenced Yard, Pets Allowed, Storage
  • Co List Office Mls Id: GNR256
  • Subdivision Name: Indiana Harbor
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.1

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Schools

  • Junior High Dist: City of East Chicago

Lot Info

  • Lot Size Sq Ft: 4356
  • ResoLotSizeUnits: Acres
  • Parcel #: 450322158003000024
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Changed Star Properties Inc
Bought by
C Star Properties Inc
Current Estimated Value
$181,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,007,500
Outstanding Balance
$961,379
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$780,046

Purchase Details

Closed on
May 14, 2019
Sold by
Torres Israel L
Bought by
Changed Star Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 27, 2015
Closed on
Nov 21, 2016
Sold by
Coleman Luke and Coleman Georgia
Bought by
Torres Israel L
Seller's Agent
Scott LaMantia
McColly Real Estate
List Price
$42,500
Sold Price
$42,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.92%
Original Mortgage
$31,875
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2014
Sold by
C & R Investment Realty Corp
Bought by
Coleman Luke and Coleman Georgia

Purchase Details

Closed on
Jul 3, 2008
Sold by
Dejesus Hipolito and Dejesus Rafael
Bought by
Coleman Luke and Coleman Georgia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
C Star Properties Inc -- Northwest Indiana Title
Changed Star Properties Inc -- Greater Indiana Title Co
Torres Israel L -- Community Title Co
Coleman Luke -- None Available
Coleman Luke -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C Star Properties Inc $1,007,500
Closed C Star Properties Inc $1,007,500
Closed C Star Properties Inc $1,007,500
Previous Owner Changed Star Properties Inc $263,900
Previous Owner Torres Israel L $31,875
Previous Owner Coleman Luke $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $42,500 0.0% $12 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
10/27/2015 10/27/15 For Sale $42,500 -- $12 / 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 $5,488 $127,100 $15,700 $111,400
2023 $1,968 $115,000 $15,700 $99,300
2022 $1,968 $98,400 $17,700 $80,700
2021 $1,530 $76,500 $7,000 $69,500
2020 $1,400 $70,000 $7,000 $63,000
2019 $1,536 $62,400 $7,000 $55,400
2018 $1,498 $56,700 $7,000 $49,700
2017 $1,542 $57,400 $7,000 $50,400
2016 $1,898 $57,900 $7,000 $50,900
2014 $1,405 $55,000 $7,000 $48,000
2013 $1,390 $54,500 $7,000 $47,500
Source: Public Records

Agents Affiliated with this Home

  • Scott LaMantia

    Seller's Agent in 2016

    Scott LaMantia

    McColly Real Estate

    (219) 742-1466

    30 Total Sales

    Scott LaMantia
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR383162

Northwest Indiana Association of REALTORS®

APN: 45-03-22-158-003.000-024

Indiana Lake County East Chicago 46312 Indiana Harbor

3505 Fir St, East Chicago, IN

This home is located at 3505 Fir St, East Chicago, IN 46312 since 27 October 2015 and is currently estimated at $181,333, approximately $50 per square foot. This property was built in 1918. 3505 Fir St is a home located in Lake County with nearby schools including East Chicago Central High School, East Chicago Lighthouse, and East Chicago Urban Enterprise Academy.

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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