$135,000
SOLD JAN 7, 2025

3802 Butternut St East Chicago, IN 46312

Indiana Harbor Neighborhood
4 Beds
3 Baths
1,140 Sq Ft
4,443 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

32% Below List Price

133 Days on Market

Highlights

  • Hot Water Heating System
  • 2 Car Garage
  • 1-minute walk to Callahan Park

About This Home

As of January 2025

Great investment and potential for more! This fully rented 3-unit in East Chicago can become a 4-unit with a just a little work. Existing units include a 2-bedroom, 1 bath, and two 1 bedroom, 1 bath units. 2-car garage on premises can be used for storage or additional rental income. Basement has coin laundry. Situated close to downtown shopping and across the street from the park. Most windows replaced. Great monthly income! Sold As Is

Last Agent to Sell the Property

Sarah Verpooten

Listing Leaders MVPs License #RB21001248 Listed on: 06/24/2024

Listing Leaders MVPs

Co-Listed By

Susan Mender

Listing Leaders MVPs License #RB17002189

Last Buyer's Agent

Angelo Pedroza

Estate Squared Away License #RB19001451

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,188

Year Built

  • Built in 1924

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Laundry in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Heating System

Community Details

  • 3 Units
  • Indiana Harbor Add 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-03-22-407-018.000-024

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,188

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Other
  • Co List Office Mls Id: NRA1690
  • Subdivision Name: Indiana Harbor Add 02
  • Above Grade Finished Sq Ft: 1140
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Other, Gas Cooktop
  • Interior Amenities: Other
  • Basement: Other
  • Flooring: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1140
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other
  • Acres: 0.102
  • Patio And Porch Features: Other

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Hot Water
  • Water Source: Public

Lot Info

  • Lot Dimensions: 36x121
  • Lot Size Sq Ft: 4443
  • Parcel #: 45-03-22-407-018.000-024

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2188

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Dec 20, 2024
Sold by
Sparrow Investments Llc
Bought by
Felton Properties 4418 Llc
Seller's Agent
Sarah Verpooten
Listing Leaders MVPs
Buyer's Agent
Angelo Pedroza
Estate Squared Away
List Price
$200,000
Sold Price
$135,000
Premium/Discount to List
-$65,000
-32.5%
Views
133
Current Estimated Value
$143,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,333
Avg. Annual Appreciation
8.43%
Original Mortgage
$101,250
Outstanding Balance
$100,457
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$42,876

Purchase Details

Closed on
Jun 11, 2021
Sold by
Rios Rafael Urbina and Rafel Urbina Rios Trust
Bought by
Sparrow Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,750
Interest Rate
2.96%

Purchase Details

Listed on
Jul 13, 2019
Closed on
Aug 13, 2019
Sold by
Terovo Llc
Bought by
Rios Rafael Urbina and Rafael Urbina Rios Trust
Seller's Agent
Tajani Farhan-Rodriguez
Tajani Farhan-Rodriguez, Broke
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%

Purchase Details

Closed on
Sep 25, 2006
Sold by
Gil Ralph and Gil Maria Elena
Bought by
Terovo 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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Quit Claim Deed -- Servicelink Llc
Limited Warranty Deed -- Indiana Title Network Co
Warranty Deed -- Ticor Highland
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,250 New Conventional
Closed $101,250 New Conventional
Previous Owner $145,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2025 01/07/25 Sold $135,000 -18.2% $118 / Sq Ft
09/23/2024 09/23/24 Price Changed $165,000 -5.7% $145 / Sq Ft
09/17/2024 09/17/24 Price Changed $175,000 -7.9% $154 / Sq Ft
08/31/2024 08/31/24 Price Changed $190,000 -2.6% $167 / Sq Ft
07/30/2024 07/30/24 Price Changed $195,000 -2.5% $171 / Sq Ft
06/25/2024 06/25/24 For Sale $200,000 +233.3% $175 / Sq Ft
08/14/2019 08/14/19 Sold $60,000 0.0% $26 / Sq Ft View Prior Sale
07/15/2019 07/15/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $60,000 -- $26 / 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 $4,534 $104,500 $15,800 $88,700
2023 $1,900 $95,000 $15,800 $79,200
2022 $1,658 $82,900 $18,200 $64,700
2021 $1,260 $63,000 $7,200 $55,800
2020 $1,154 $57,700 $7,200 $50,500
2019 $1,320 $51,600 $7,200 $44,400
2018 $1,186 $42,100 $7,200 $34,900
2017 $1,219 $42,600 $7,200 $35,400
2016 $1,218 $41,100 $7,200 $33,900
2014 $1,201 $47,000 $7,200 $39,800
2013 $1,122 $46,600 $7,200 $39,400
Source: Public Records

Agents Affiliated with this Home

  • Sarah Verpooten

    Seller's Agent in 2025

    Sarah Verpooten

    Listing Leaders MVPs

    (219) 201-0512

    2 in this area

    235 Total Sales

    Sarah Verpooten
    Section Image
  • Susan Mender

    Seller Co-Listing Agent in 2025

    Susan Mender

    Listing Leaders MVPs

    (219) 221-1168

    2 in this area

    264 Total Sales

    Susan Mender
    Section Image

  • A

    Buyer's Agent in 2025

    Angelo Pedroza

    Estate Squared Away

    1 in this area

    70 Total Sales

    Angelo Pedroza
    Section Image

  • T

    Seller's Agent in 2019

    Tajani Farhan-Rodriguez

    Tajani Farhan-Rodriguez, Broke

    (773) 793-4656

    57 Total Sales

    Tajani Farhan-Rodriguez
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 805881

Northwest Indiana Association of REALTORS®

APN: 45-03-22-407-018.000-024

Indiana Lake County East Chicago 46312 Indiana Harbor

3802 Butternut St, East Chicago, IN

This home is located at 3802 Butternut St, East Chicago, IN 46312 and is currently priced at $135,000, approximately $118 per square foot. This property was built in 1924. 3802 Butternut St is a home located in Lake County with nearby schools including East Chicago Central High School, East Chicago Lighthouse, and East Chicago Urban Enterprise Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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