NOT LISTED FOR SALE

Estimated Value: $212,000 - $251,000

6 Beds
2.5 Baths
4,341 Sq Ft
$53/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $200,000 $46 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,480/month

44 Days on Market

About This Home

As of March 2023

Attention seasoned investors, those looking to get into the rental business, or anyone interested in owning and having someone else pay the mortgage. This is a perfect opportunity for any of those. Centrally located in the established Indiana Harbor area, this historic charmer will impress with it's brick faade, high ceilings, and open floor plans. From the moment you arrive you will notice the charm and character of the period in which this building was built, with inlaid brick accents and covered front porch.Two fully rented units! Each unit features three bedrooms, living room, formal dining, and kitchen with eat-in nook. The full unfinished basement offers endless possibilities. Exterior amenities include a detached two car garage, concrete driveway, and rear patio area. This property is conveniently located close to shopping, schools, and all major thoroughfares with easy accessibility to Chicago, Lake Michigan, and neighboring cities. Don't let this one slip away!

Last Agent to Sell the Property

Vicki Vicari

Impact Indiana Real Estate, LL License #RB14051435 Listed on: 12/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,610

Year Built

  • Built in 1917

Lot Details

  • 4,305 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 4,341 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 450321280007000024

Community Details

Overview

  • 2 Units
  • Indiana Harbor Add 02 Subdivision

Amenities

  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,610

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1917
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Porch
  • Co List Office Mls Id: GNR1778
  • Subdivision Name: Indiana Harbor Add 02
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.0988

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 4305
  • Parcel #: 450321280007000024

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Feb 28, 2023
Sold by
K Wayne Enterprises Llc
Bought by
Pahwa Family Trust
Seller's Agent
Vicki Vicari
Impact Indiana Real Estate, LL
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$229,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,538
Avg. Annual Appreciation
2.82%
Original Mortgage
$150,000
Outstanding Balance
$146,141
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$68,208

Purchase Details

Closed on
Oct 25, 2019
Sold by
Pingora Loan Servicing Llc
Bought by
K Wayne Enterprises Llc

Purchase Details

Closed on
Aug 21, 2019
Sold by
Gist Carmen
Bought by
Pingora Loan Servicing Llc
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
Pahwa Family Trust $200,000 Fidelity National Title
K Wayne Enterprises Llc $29,500 Bay National Title Co
Pingora Loan Servicing Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pahwa Family Trust $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $200,000 0.0% $46 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $200,000 -- $46 / 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 $8,610 $199,200 $15,800 $183,400
2023 $1,307 $180,400 $15,800 $164,600
2022 $1,307 $94,300 $17,700 $76,600
2021 $1,044 $73,000 $7,000 $66,000
2020 $646 $66,800 $7,000 $59,800
2019 $919 $59,500 $7,000 $52,500
2018 $850 $52,500 $7,000 $45,500
2017 $867 $53,200 $7,000 $46,200
2016 $861 $51,100 $7,000 $44,100
2014 $762 $49,500 $7,000 $42,500
2013 $717 $49,100 $7,000 $42,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR524046

Northwest Indiana Association of REALTORS®

APN: 45-03-21-280-007.000-024