NOT LISTED FOR SALE

Estimated Value: $128,000 - $286,000

7 Beds
4 Baths
2,518 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $16,000 $6 Per Sq Ft

Est. 1,194% increase in value since last sale

Current estimated payment $1,566/month

83 Days on Market

Highlights

  • Wood Flooring
  • 1.5 Car Detached Garage
  • Fenced

About This Home

As of November 2016

Investment opportunity! 4 Unit building with unfinished basement. 3rd floor is 2 bedroom, 3/4 bath. 2nd floor is 3 bedroom, 1 bath. Main floor has 2 units each 1 bedroom, 1 bath. 4 electric meters and 4 gas meters. Corner lot. *** This is a HUD Property - an Equal Housing Opportunity. Property #156-019803. See agent remarks for bid procedures. For showing access, use Showing Assist to register. No confirmation required. GNIAR lockbox on property.

Last Agent to Sell the Property

Craig Frendling

Advanced Real Estate, LLC License #RB14039414 Listed on: 03/29/2016

Co-Listed By

Bill McCabe

BHHS Executive Realty License #RB14014310

Last Buyer's Agent

Tonanzin Farriols

Redfin License #RB16000082

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,197

Year Built

  • Built in 1938

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 37 x 123
  • Fenced

Parking

  • 1.5 Car Detached Garage

Interior Spaces

  • 2,518 Sq Ft Home
  • Elevator
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 450321430022000024

Community Details

Overview

  • 4 Units
  • Indiana Harbor Subdivision

Building Details

  • New Taxes Expense $2,899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,197

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1938
  • Reso Property Sub Type: Quadruplex
  • Co List Office Mls Id: NRA121
  • Co List Office Mls Id: NRA1984
  • Subdivision Name: Indiana Harbor
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Hardwood, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.1
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

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

Schools

  • Junior High Dist: City of East Chicago

Lot Info

  • Lot Dimensions: 37 x 123
  • Lot Size Sq Ft: 4356
  • ResoLotSizeUnits: Acres
  • Parcel #: 450321430022000024
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4

Tax Info

  • New Taxes Expense: 2899

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2019
Sold by
Saaj Rental Homes Inc
Bought by
Flores Carlos Jaimes and Jaimes Karla C
Current Estimated Value
$207,000

Purchase Details

Listed on
Mar 29, 2016
Closed on
Nov 4, 2016
Sold by
The Secretary Of Hud
Bought by
Saaj Rental Homes Inc
Seller's Agent
Craig Frendling
Advanced Real Estate, LLC
Buyer's Agent
Tonanzin Farriols
Redfin
List Price
$16,000
Sold Price
$16,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.74%

Purchase Details

Closed on
Sep 26, 2013
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Sep 6, 2013
Sold by
Hayes Paul M
Bought by
Well Fargon Bank N A

Purchase Details

Closed on
May 11, 2010
Sold by
Guevara Irma Magdalena and Reed Mirta Imelda
Bought by
Hayes Paul M and Hayes Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,143
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2008
Sold by
Perez Magdalena
Bought by
Guevara Irma Magdalena and Reed Mirta Imelda

Purchase Details

Closed on
Sep 26, 2006
Sold by
Perez Mirtha Imelda
Bought by
Perez Magdalena
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
Flores Carlos Jaimes -- None Available
Saaj Rental Homes Inc -- Fidelity National Title
The Secretary Of Hud -- None Available
Well Fargon Bank N A -- None Available
Hayes Paul M -- Ticor Title Highland
Guevara Irma Magdalena -- None Available
Perez Magdalena -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Paul M $46,143
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $16,000 0.0% $6 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $16,000 -- $6 / 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 $5,197 $103,700 $17,400 $86,300
2023 $2,152 $108,900 $17,400 $91,500
2022 $2,152 $107,600 $17,400 $90,200
2021 $2,012 $100,600 $17,400 $83,200
2020 $2,098 $104,900 $17,400 $87,500
2019 $2,296 $100,400 $17,400 $83,000
2018 $2,631 $102,400 $17,400 $85,000
2017 $2,550 $103,500 $17,400 $86,100
2016 $3,375 $107,600 $17,400 $90,200
2014 $2,611 $102,200 $6,600 $95,600
2013 $1,885 $103,400 $6,600 $96,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 389940

Northwest Indiana Association of REALTORS®

APN: 45-03-21-430-022.000-024