$450,000
SOLD FEB 18, 2025
12 Beds
4 Baths
4,340 Sq Ft
4,304 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

6% Below List Price

99 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 2.5 Car Garage
  • No HOA

About This Home

As of February 2025

Turnkey 4 unit grossing over $56,000 annually. Each unit features 3 bedrooms, beautiful, updated kitchens and bathrooms, and separate utilities. Owner only pays water/garbage and a common area Nipsco. Garage is rented separately and room for rent growth by building out tenant storage in basement or adding coin-op laundry.

Last Agent to Sell the Property

Adrien Chabot

Listing Leaders Prestige LLC License #RB17000988 Listed on: 10/09/2024

Listing Leaders Prestige LLC

Last Buyer's Agent

Manny Hernandez

Simplify Your Move! Realty Inc License #RB14050711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,122

Year Built

  • Built in 1911 | Remodeled

Parking

  • 2.5 Car Garage

Interior Spaces

  • 4,340 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for sewer, water, trash collection
  • Rent includes sewer, water, trash collection
  • Assessor Parcel Number 450322307015000024
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Indiana Harbor Add 02 Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Fuel Expense $600
  • Trash Expense $780
  • Water Sewer Expense $1,080
  • Gross Income $56,000

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,122

Year Built

Built in 1911 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1911
  • Reso Property Sub Type: Apartment
  • ResoLotFeatures: City Lot, Corner Lot
  • Co List Office Mls Id: NRA2063
  • Subdivision Name: Indiana Harbor Add 02
  • Above Grade Finished Sq Ft: 4340
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • WaterExpense: 1080.00
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Gas Range, Refrigerator, Range Hood
  • Interior Amenities: Granite Counters
  • Basement: Unfinished
  • Flooring: Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.0988
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Water, Trash Collection
  • Association: No

Fee Information

  • Annual Fuel Expense: 600
  • Trash Expense: 780

Schools

  • Junior High Dist: City of East Chicago

Lot Info

  • Lot Dimensions: 39x122
  • Lot Size Sq Ft: 4305
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 450322307015000024
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Owner Pays: Sewer, Water, Trash Collection

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8122

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 56000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Feb 14, 2025
Sold by
Kc Enterprises Llc
Bought by
Pahwa Family Trust and Pahwa
Seller's Agent
Adrien Chabot
Listing Leaders Prestige LLC
Buyer's Agent
Manny Hernandez
Simplify Your Move! Realty Inc
List Price
$480,000
Sold Price
$450,000
Premium/Discount to List
-$30,000
-6.25%
Views
68
Current Estimated Value
$443,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,309
Avg. Annual Appreciation
-31.97%
Original Mortgage
$337,500
Outstanding Balance
$336,937
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$31,365

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 14, 2022
Sold by
Propertiesone Llc
Bought by
Kc Enterprises Llc
Seller's Agent
Brian Waters
Mentor Listing Realty, Inc.
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$328,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2021
Sold by
Vandersluis Michael A and Vandersluis Michael
Bought by
Propertiesone Llc

Purchase Details

Closed on
Nov 19, 2020
Sold by
Zhang Li
Bought by
Vandersluis Michael

Purchase Details

Closed on
Sep 25, 2017
Sold by
Ecos Rentals 1 Llc
Bought by
Zhang Li

Purchase Details

Closed on
May 25, 2017
Sold by
Ecos Rentals 1 Llc
Bought by
Reo Logic Indian Holdings Llc

Purchase Details

Closed on
May 9, 2017
Sold by
Ecos Rentals 1 Llc
Bought by
Reo Logic Indian Holdings Llc

Purchase Details

Closed on
Feb 26, 2016
Sold by
Reo Logic Indiana Holdings Llc
Bought by
Ecos Rentals 1 Llc

Purchase Details

Closed on
Mar 1, 2012
Sold by
Us Bank
Bought by
Reo Logic Indiana Holdings Llc

Purchase Details

Closed on
Dec 28, 2011
Sold by
Lien Logic Fund 1 Llc and Stubaus Austin
Bought by
Reo Logic Indiana Holdings Llc

Purchase Details

Closed on
Dec 14, 2010
Sold by
Pena Noe and Pena Nativdad
Bought by
Us Bank and Lienlogic Fund 1 Llc
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Greater Indiana Title Company
Warranty Deed -- --
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $24,200 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- Linear Title & Closing
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $5,240 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,500 New Conventional
Previous Owner $328,000 New Conventional
Previous Owner $35,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $450,000 -2.2% $104 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $460,000 -4.2% $106 / Sq Ft
10/09/2024 10/09/24 For Sale $480,000 +17.1% $111 / Sq Ft
10/14/2022 10/14/22 Sold $410,000 0.0% $92 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $410,000 -- $92 / 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 $19,382 $416,400 $31,900 $384,500
2023 $2,254 $406,100 $31,900 $374,200
2022 $2,254 $112,700 $6,200 $106,500
2021 $2,106 $105,300 $6,200 $99,100
2020 $2,026 $101,300 $6,200 $95,100
2019 $3,358 $96,400 $6,200 $90,200
2018 $3,360 $93,200 $6,200 $87,000
2017 $2,231 $88,900 $6,200 $82,700
2016 $2,331 $90,300 $6,200 $84,100
2014 $2,241 $87,700 $6,200 $81,500
2013 $2,189 $85,800 $6,200 $79,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 811372

Northwest Indiana Association of REALTORS®

APN: 45-03-22-307-015.000-024