NOT LISTED FOR SALE

Estimated Value: $159,000 - $200,000

5 Beds
3 Baths
2,400 Sq Ft
$73/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $138,000 $58 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,111/month

124 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Fenced
  • 2.5 Car Detached Garage

About This Home

As of April 2022

Motivator Seller = Great Opportunity to own a 2 unit with a possible 3rd unit on basement. Come and take a look at this mostly brick multi-unit. Features 5 Bedroom, 3 bath with 2.5 detached car garage all brick.1st Unit has 2 bedrooms, 1 bath tenant pays $550 on a month to month lease. 2nd Unit has 3 bedrooms, 1 bath tenant use to pay $650 per month (now vacant) 2007 new roof was replaced. 2nd unit most of the windows in good condition, new electrical work just got updated. Full basement access through the back of the property. Schedule your appointments today. This won't last long. SOLD-AS-IS

Last Agent to Sell the Property

Alondra Villalpando

Homes on Demand Realty License #RB18002271 Listed on: 10/22/2021

Homes on Demand Realty

Co-Listed By

Alejandrina Perez de Davila

Homes on Demand Realty License #RB14039630

Last Buyer's Agent

Nina Wiseman

Listing Leaders License #RB14050116

Listing Leaders

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,801

Year Built

  • Built in 1910

Lot Details

  • 4,305 Sq Ft Lot
  • Lot Dimensions are 35 x 123
  • Fenced

Parking

  • 2.5 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $14,400
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Rent includes trash collection, water
  • Assessor Parcel Number 450321433004000024

Community Details

Overview

  • 2 Units
  • Indiana Harbor Add 02 Subdivision

Building Details

  • Insurance Expense $1,600
  • New Taxes Expense $1,314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,801

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1910
  • Reso Property Sub Type: Duplex
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1632
  • Co List Office Mls Id: NRA1632
  • Subdivision Name: Indiana Harbor Add 02
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Ceramic Tile, Hardwood, Linoleum, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.0988
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Lot Info

  • Lot Dimensions: 35 x 123
  • Lot Size Sq Ft: 4305
  • Parcel #: 450321433004000024

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1600
  • Total Actual Rent: 14400

Tax Info

  • New Taxes Expense: 1314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Apr 27, 2022
Sold by
Hector Hernandez
Bought by
Zurchin Investments Inc
Seller's Agent
Alondra Villalpando
Homes on Demand Realty
Buyer's Agent
Nina Wiseman
Listing Leaders
List Price
$138,000
Sold Price
$138,000
Current Estimated Value
$176,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,333
Avg. Annual Appreciation
7.32%
Original Mortgage
$140,700
Outstanding Balance
$132,263
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$44,070

Purchase Details

Closed on
Jun 20, 2006
Sold by
Hud
Bought by
Hernandez Hector

Purchase Details

Closed on
Feb 4, 2005
Sold by
Midfirst Bank
Bought by
Hud
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
Zurchin Investments Inc -- Drake Andrew R
Hernandez Hector -- None Available
Hernandez Hector -- Village Title Inc
Hud -- --
Midfirst Bank $102,771 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zurchin Investments Inc $140,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $138,000 0.0% $58 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
10/22/2021 10/22/21 For Sale $138,000 -- $58 / 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 $6,801 $158,300 $15,800 $142,500
2023 $2,850 $142,500 $15,800 $126,700
2022 $1,490 $74,500 $17,700 $56,800
2021 $1,118 $55,900 $7,000 $48,900
2020 $1,026 $51,300 $7,000 $44,300
2019 $4,635 $46,000 $7,000 $39,000
2018 $3,966 $42,800 $7,000 $35,800
2017 $1,232 $43,200 $7,000 $36,200
2016 $1,241 $42,100 $7,000 $35,100
2014 $1,063 $41,600 $7,000 $34,600
2013 $1,051 $41,200 $7,000 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 503081

Northwest Indiana Association of REALTORS®

APN: 45-03-21-433-004.000-024