M
Seller's Agent in 2012
Megan Cecil
Cecil Real Estate
(219) 688-6506
12 Total Sales
3672 Washington St Gary, IN 46408
Glen Park Neighborhood
16
Beds
6
Baths
8,766
Sq Ft
7,501
Sq Ft
About This Home
As of November 2012Great income potential - current owners have addressed most major items listed under in expenses. Beautiful 1925 6 unit brick building w/many of the cosmetic & mechanical features upgraded for ease of property management. 2 2 BR units & 4 3 BR units at 100% occupancy. Positive cash flow. Conveniently located to IU Northwest & I-94. Conversation about enhancing the University community from new city administration. Parking in front or back. Expense Sheet will be presented upon Agent's request.
Last Agent to Sell the Property
Cecil Real Estate License #RB14020522 Listed on: 07/16/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 60 x 125
Home Design
- Brick Foundation
Interior Spaces
- 8,766 Sq Ft Home
- Elevator
- Basement
Bedrooms and Bathrooms
- 16 Bedrooms
- 6 Full Bathrooms
Parking
- 5 Parking Spaces
- Off-Street Parking
Listing and Financial Details
- Total Actual Rent $44,400
- Assessor Parcel Number 450821482023000004
Community Details
Overview
- 6 Units
- Glen Park West Subdivision
Amenities
- Laundry Facilities
Building Details
- New Taxes Expense $5,252
- Net Operating Income $38,748
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/16/2012 11/16/12 | Sold | $108,395 | 0.0% | $12 / Sq Ft |
| 10/17/2012 10/17/12 | Pending | -- | -- | -- |
| 07/16/2012 07/16/12 | For Sale | $108,395 | -- | $12 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $4,289 | $159,200 | $12,800 | $146,400 |
| 2024 | $13,737 | $153,100 | $12,800 | $140,300 |
| 2023 | $4,127 | $155,800 | $12,800 | $143,000 |
| 2022 | $4,127 | $161,100 | $12,800 | $148,300 |
| 2021 | $3,853 | $150,400 | $12,800 | $137,600 |
| 2020 | $3,853 | $150,400 | $12,800 | $137,600 |
| 2019 | $3,368 | $150,400 | $12,800 | $137,600 |
| 2018 | $3,551 | $150,400 | $12,800 | $137,600 |
| 2017 | $3,652 | $152,300 | $12,800 | $139,500 |
| 2016 | $3,734 | $158,300 | $12,800 | $145,500 |
| 2014 | $3,546 | $151,500 | $3,400 | $148,100 |
| 2013 | $3,225 | $142,000 | $5,600 | $136,400 |
Source: Public Records
Agents Affiliated with this Home
-
Megan Cecil
-
Eric Griffin
E
Buyer's Agent in 2012
Eric Griffin
Griffin Realty, LLC
(219) 313-3359
8 in this area
27 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 311624
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Based on information submitted to the MLS GRID
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