NOT LISTED FOR SALE

Estimated Value: $245,000 - $296,924

5 Beds
3 Baths
1,180 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $290,000 $246 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,857/month

4 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Tile Flooring
  • Neighborhood Views
  • Park
  • 4-minute walk to Nunez Park

About This Home

As of July 2024

This investment opportunity features two units: occupy one and lease the other, or capitalize on both. The main unit includes three bedrooms and two bathrooms. The auxiliary unit boasts two bedrooms and one full bathroom, upgraded with modern amenities such as a tankless water heater and separate washer/dryer connections for each unit. Benefit from the convenience of individual meters and private entrances per unit. Located near parks, schools, and expressways, this property is a must-see and merits prompt scheduling for a tour.

Last Agent to Sell the Property

Melissa Yanez

Favela Real Estate, LLC License #RB14049226 Listed on: 06/21/2024

Co-Listed By

Fernando Correa

Favela Real Estate, LLC License #RB23000423

Last Buyer's Agent

Crystal Kincaid

Listing Leaders Northwest License #RB23000510

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1916 | Remodeled

Lot Details

  • 4,305 Sq Ft Lot
  • Lot Dimensions are 35 x 123
  • Chain Link Fence
  • Back Yard Fenced

Home Design

  • 2-Story Property
  • Block Foundation
  • Metal Roof

Interior Spaces

  • Insulated Windows
  • Blinds
  • Neighborhood Views
  • Basement
  • Laundry in Basement
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 45-03-22-326-015.000-024

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Indiana Harbor 1St Add Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,892

Year Built

Built in 1916 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1916
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Gas Dryer Hookup, Laundry Closet, Washer Hookup, Sink, Main Level, In Basement
  • ResoLotFeatures: Back Yard
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Neighborhood
  • ResoOtherEquipment: None
  • ResoSecurityFeatures: Fire Alarm, Smoke Detector(s)
  • Co List Office Mls Id: NRA2318
  • Subdivision Name: Indiana Harbor 1st Add
  • Above Grade Finished Sq Ft: 1180
  • Garage Yn: No
  • Unit Levels: Split Entry (Bi-Level), Two
  • New Construction: No
  • Reso Other Structures: None
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Blinds, Insulated Windows
  • Financial Info Electric: 100 Amp Service, Separate Meters
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s), Stone Counters, Ceiling Fan(s)
  • Basement: Apartment
  • Flooring: Carpet, Tile, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 719
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Fencing: Back Yard, Fenced, Chain Link
  • Acres: 0.0988
  • Waterfront: No
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch
  • Reso Roof: Metal

Garage/Parking

  • Parking Features: On Street, Outside

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available, Natural Gas Available
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Sidewalks, Park
  • Association: No

Lot Info

  • Lot Dimensions: 35 x 123
  • Lot Size Sq Ft: 4305
  • ResoLotSizeUnits: Square Feet
  • Additional Parcels: No
  • Parcel #: 45-03-22-326-015.000-024
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: None

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1892

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 4, 2024
Sold by
Favela Gelacio
Bought by
Smith Keontea
Seller's Agent
Melissa Yanez
Favela Real Estate, LLC
Buyer's Agent
Crystal Kincaid
Listing Leaders Northwest
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Views
168
Current Estimated Value
$279,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,769
Avg. Annual Appreciation
-3.26%

Purchase Details

Closed on
Aug 5, 2022
Sold by
Steven Castaneda
Bought by
Favela Gelacio

Purchase Details

Closed on
May 20, 2022
Sold by
Ivan Gonzalez
Bought by
Castaneda Steven

Purchase Details

Closed on
Jul 23, 2015
Sold by
Masch Robert H and Salinas Maria C
Bought by
Gonzalez Ivan

Purchase Details

Closed on
May 15, 2008
Sold by
Masch Robert H
Bought by
Masch Robert H and Salinas Maria C
Source: Public Records

Range of Values:

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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
Smith Keontea $290,000 Chicago Title
Favela Gelacio -- Kvachkoff Douglas R
Castaneda Steven -- None Listed On Document
Gonzalez Ivan -- Attorney
Masch Robert H -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $290,000 -3.3% $246 / Sq Ft
06/21/2024 06/21/24 For Sale $299,900 -- $254 / 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 $4,057 $94,100 $15,800 $78,300
2023 $1,700 $85,000 $15,800 $69,200
2022 $912 $45,600 $17,700 $27,900
2021 $624 $31,200 $7,000 $24,200
2020 $578 $28,900 $7,000 $21,900
2019 $928 $26,300 $7,000 $19,300
2018 $1,018 $28,800 $7,000 $21,800
2017 $1,136 $29,000 $7,000 $22,000
2016 $828 $28,100 $7,000 $21,100
2014 -- $27,100 $7,000 $20,100
2013 -- $26,900 $7,000 $19,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 805737

Northwest Indiana Association of REALTORS®

APN: 45-03-22-326-015.000-024