NOT LISTED FOR SALE

Estimated Value: $149,000 - $246,954

8 Beds
3 Baths
2,120 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $215,000 $101 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,246/month

80 Days on Market

Highlights

  • 1 Acre Lot
  • Laundry Facilities
  • Community Storage Space
  • Detached Garage

About This Home

As of October 2021

Three unit with great income! Unit 1#-Limestone cape cod 4 bed, 1 bath with basement. Total rehab; new furnace, ac, sump pump, flooring, windows etc.... $1100/mo(should be higher)Unit #2 and #3- duplex in back of property rent for $675/mo each. Both have 2 bedrooms and 1 bath and are occupied. Very nice condition. (showings on these units will be on 2nd showings)This trifecta sits on 1 ac steps from Ridge Road directly behind Menards. Unit #1 is vacant waiting to be rented(renter waiting for sale) or move right in and let the duplex make your mortgage. The grounds are very well manicured, within walking distance to many conveniences and there is also a 2 car garage to rent out or for private use. Set your appointment now, you will not be disappointed. Super low taxes. Tenants pay utilities.

Last Agent to Sell the Property

Cindi Corbin

Banga Realty, LLC License #RB14024664 Listed on: 07/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1957

Lot Details

  • 1 Acre Lot

Home Design

  • 2,120 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • Detached Garage
  • Side Driveway

Listing and Financial Details

  • Assessor Parcel Number 450724352010000003

Community Details

Overview

  • 3 Units
  • Colwen Acres Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,814

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Laundry, Storage
  • Co List Office Mls Id: GNR1703
  • Subdivision Name: Colwen Acres
  • 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: 8

Exterior Features

  • Acres: 0.998

Garage/Parking

  • Parking Features: Detached, Side Drive

Lot Info

  • Lot Size Sq Ft: 43473
  • Parcel #: 450724352010000003

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Oct 20, 2021
Sold by
Astro Properties Llc
Bought by
N Colfax Llc
Seller's Agent
Cindi Corbin
Banga Realty, LLC
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$198,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,511
Avg. Annual Appreciation
-2.01%
Original Mortgage
$161,250
Outstanding Balance
$147,364
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$51,125

Purchase Details

Listed on
Jul 2, 2021
Closed on
Oct 18, 2021
Sold by
Astro Properties Llc
Bought by
N Colfax Llc
Seller's Agent
Cindi Corbin
Banga Realty, LLC
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$147,364
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$51,125

Purchase Details

Closed on
Jul 17, 2014
Sold by
Recker Michael J and Recker Duane
Bought by
Astro Properties 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
N Colfax Llc -- Meridian Title Corp
N Colfax Llc -- Meridian Title
Astro Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open N Colfax Llc $161,250
Closed N Colfax Llc $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $215,000 0.0% $101 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $215,000 -- $101 / 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 $8,911 $112,400 $9,100 $103,300
2023 $2,006 $105,700 $9,100 $96,600
2022 $2,006 $100,300 $9,000 $91,300
2021 $1,862 $93,100 $9,000 $84,100
2020 $1,814 $90,700 $9,000 $81,700
2019 $1,867 $88,100 $8,800 $79,300
2018 $2,412 $80,700 $8,100 $72,600
2017 $2,617 $87,200 $8,100 $79,100
2016 $3,362 $113,600 $8,100 $105,500
2014 $4,093 $139,800 $9,500 $130,300
2013 $3,860 $135,800 $9,500 $126,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR496078

Northwest Indiana Association of REALTORS®

APN: 45-07-24-352-010.000-003