NOT LISTED FOR SALE
16 Beds
6 Baths
8,766 Sq Ft
7,500 Sq Ft Lot

Last Sold November 16, 2012

Last sale price $108,395 $12 Per Sq Ft

99 Days on Market

About This Home

As of November 2012

Great 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

Megan Cecil

Cecil Real Estate License #RB14020522 Listed on: 07/16/2012

Last Buyer's Agent

Eric Griffin

Griffin Realty, LLC License #RB14032666

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • ResoLaundryFeatures: Common Area
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NRA442
  • Subdivision Name: Glen Park West
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 16
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.1722
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Utilities: Cable Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 60 X 125
  • Lot Size Sq Ft: 7500
  • Parcel #: 450821482023000004

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 6
  • Total Actual Rent: 44400

Tax Info

  • New Taxes Expense: 5252

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 311624

Northwest Indiana Association of REALTORS®