Seller's Agent in 2019
John Schupp
SCHUPP Real Estate
(219) 775-2373
2 in this area
306 Total Sales
3522 E 9th Ave Gary, IN 46403
Aetna NeighborhoodEstimated Value: $142,000 - $224,740
33
Beds
13
Baths
36,917
Sq Ft
$5/Sq Ft
Est. Value
Highlights
- 1.02 Acre Lot
- Deck
- Patio
About This Home
As of March 2019INVESTORS TAKE NOTE! Priced to sell = do the math youll see the cost per door is not only set to immediately cash flow but there is room for rent increases if wanted but no need at this pricing since (conservatively speaking even) is pulling 15-17% ROI cap rate. MULTI unit packages available and a BULK package discounts available. ASK AN AGENT for details and the online available INCOME & EXPENSES! Serious buyers encouraged and all on site inspections will take place once terms are agreed with access to ALL units at one time (an additional prior photo tour is avail once your agent registers you): 13Unit 3522-3624 E 9th 360k / 4Unit 803 E Chicago 119k / 5Unit 625 Sibley 163k + 1 FULL PACKAGE DEEPLY DISCOUNTED FOR ALL is discounted $30,000 Per door. P&L includes ALL units being professionally Managed & Maintained locally by owner but time with other ventures no longer allows. THIS PACKAGE CONSISTS OF 6.5 BUILDINGS 13 UNITS (2 BUILDINGS ARE VACANT IN NEED OF REHAB) Agents see MLS LISTS.
Last Agent to Sell the Property
SCHUPP Real Estate License #RB14033846 Listed on: 12/05/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 1.02 Acre Lot
Parking
- Off-Street Parking
Interior Spaces
- 36,917 Sq Ft Home
- Elevator
- Basement
Bedrooms and Bathrooms
- 33 Bedrooms
- 13 Full Bathrooms
Outdoor Features
- Deck
- Patio
Listing and Financial Details
- Total Actual Rent $76,080
- Assessor Parcel Number 450812126003000004
Community Details
Overview
- 13 Units
- Aetna Securities Subdivision
Building Details
- Insurance Expense $3,000
- New Taxes Expense $7,160
- Net Operating Income $57,579
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 24, 2024
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$118,301
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$51,884
Purchase Details
Closed on
May 9, 2022
Sold by
Bought by
Purchase Details
Closed on
May 5, 2022
Sold by
Bought by
Purchase Details
Closed on
May 2, 2022
Sold by
Bought by
Purchase Details
Closed on
Jun 23, 2020
Sold by
Bought by
Purchase Details
Closed on
May 21, 2019
Sold by
Bought by
Purchase Details
Listed on
Dec 5, 2018
Closed on
Mar 12, 2019
Sold by
Bought by
Seller's Agent
John Schupp
SCHUPP Real Estate
Buyer's Agent
Panagiota Papadatos
Penny P Properties, LLC
List Price
$295,118
Sold Price
$295,118
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.25%
Purchase Details
Closed on
Oct 9, 2008
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $150,000 | Chicago Title Insurance Compan | ||
| -- | New Title Company Name | ||
| -- | New Title Company Name | ||
| -- | New Title Company Name | ||
| -- | None Available | ||
| -- | Indiana Title Network Co | ||
| -- | None Available | ||
| -- | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $120,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2019 03/12/19 | Sold | $295,118 | 0.0% | $8 / Sq Ft |
| 02/10/2019 02/10/19 | Pending | -- | -- | -- |
| 12/05/2018 12/05/18 | For Sale | $295,118 | -- | $8 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,553 | $85,200 | $8,900 | $76,300 |
| 2024 | $5,220 | $56,000 | $8,900 | $47,100 |
| 2023 | $1,493 | $59,200 | $8,900 | $50,300 |
| 2022 | $817 | $31,900 | $5,600 | $26,300 |
| 2021 | $779 | $30,400 | $5,600 | $24,800 |
| 2020 | $1,145 | $44,700 | $5,600 | $39,100 |
| 2019 | $934 | $43,700 | $5,500 | $38,200 |
| 2018 | $987 | $43,700 | $5,500 | $38,200 |
| 2017 | $1,018 | $44,300 | $5,500 | $38,800 |
| 2016 | $1,043 | $46,100 | $5,500 | $40,600 |
| 2014 | $1,278 | $54,600 | $6,600 | $48,000 |
| 2013 | $1,284 | $58,400 | $6,600 | $51,800 |
Source: Public Records
Agents Affiliated with this Home
-
John Schupp
-
Panagiota Papadatos
Buyer's Agent in 2019
Panagiota Papadatos
Penny P Properties, LLC
(219) 627-1800
1 in this area
33 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 446900
APN: 45-08-12-126-003.000-004
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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