NOT LISTED FOR SALE

Estimated Value: $272,000 - $288,000

10 Beds
5 Baths
4,502 Sq Ft
$62/Sq Ft Est. Value

Last Sold August 28, 2012

Last sale price $40,000 $9 Per Sq Ft

Est. 600% increase in value since last sale

Current estimated payment $1,842/month

445 Days on Market

Highlights

  • Hot Water Heating System
  • Laundry Facilities
  • 5-minute walk to Nunez Park

About This Home

As of August 2012

Very good 4 unit building (2-3 bedroom units and 2-2 bedroom units). This property is in very good shape and has lots of upgrades. This is a money maker. Rents are very low and should be increased. Fully rented.

Last Agent to Sell the Property

Joe Villegas

@properties/Christie's Intl RE License #RB14051327 Listed on: 04/08/2011

@properties/Christie's Intl RE

Co-Listed By

Lisa Mullins

@properties/Christie's Intl RE License #RB14044126

Last Buyer's Agent

Joe Villegas

@properties/Christie's Intl RE License #RB14051327 Listed on: 04/08/2011

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 123 x 35

Home Design

  • Brick Foundation

Interior Spaces

  • 4,502 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System

Listing and Financial Details

  • Total Actual Rent $26,100
  • Rent includes trash collection, water
  • Assessor Parcel Number 45032230302500024

Community Details

Overview

  • 4 Units
  • Harbor Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $800
  • Insurance Expense $1,600
  • Water Sewer Expense $950
  • New Taxes Expense $3,508
  • Net Operating Income $13,742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,930

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: Common Area
  • Co List Office Mls Id: NRA121
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Harbor
  • WaterExpense: 950.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 10
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: None
  • Heating: Hot Water, Other
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other, Trash Collection, Water

Schools

  • Junior High Dist: City of East Chicago

Lot Info

  • Lot Dimensions: 123 x 35
  • Parcel #: 45032230302500024

Rental Info

  • Lease Term: Month To Month
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 800
  • Insurance Expense: 1600
  • Total Actual Rent: 26100

Tax Info

  • New Taxes Expense: 3508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2016
Sold by
Choise E Claude
Bought by
City Of East Chicago
Current Estimated Value
$280,000

Purchase Details

Listed on
Apr 8, 2011
Closed on
Aug 28, 2012
Sold by
Martinez Roberto and Martinez Rosalinda
Bought by
Cuevas Rosendo
Seller's Agent
Joe Villegas
@properties/Christie's Intl RE
Buyer's Agent
Joe Villegas
@properties/Christie's Intl RE
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%
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
City Of East Chicago -- None Available
Cuevas Rosendo -- Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2012 08/28/12 Sold $40,000 0.0% $9 / Sq Ft
07/29/2012 07/29/12 Pending -- -- --
04/08/2011 04/08/11 For Sale $40,000 -- $9 / 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 $3,930 $141,600 $6,200 $135,400
2023 $2,498 $144,400 $6,200 $138,200
2022 $2,498 $124,900 $6,200 $118,700
2021 $2,326 $116,300 $6,200 $110,100
2020 $2,230 $111,500 $6,200 $105,300
2019 $2,786 $105,700 $6,200 $99,500
2018 $2,831 $101,200 $6,200 $95,000
2017 $2,831 $98,800 $6,200 $92,600
2016 $2,822 $95,000 $6,200 $88,800
2014 $1,099 $43,000 $6,200 $36,800
2013 $1,084 $42,500 $6,200 $36,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 284245

Northwest Indiana Association of REALTORS®

APN: 45-03-22-303-025.000-024