NOT LISTED FOR SALE

3823 Alder St East Chicago, IN 46312

Indiana Harbor Neighborhood

Estimated Value: $120,000 - $169,269

4 Beds
2 Baths
1,364 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $102,000 $75 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $897/month

94 Days on Market

About This Home

As of September 2022

Add this 2 unit to your Portfolio! Both units are tenant occupied on a month to month lease producing $1000 per month! New roof & siding in 2019! New water heater in 2020! Unit 1 has central air! Unit 1 has access to the semi finished basement with washer & dryer! Unit 1 kitchen & bathroom updated in 2018! Don't miss out!

Last Agent to Sell the Property

Brenna McKeethen

1Onestop Real Estate LLC License #RB14036980 Listed on: 05/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,279

Year Built

  • Built in 1922

Lot Details

  • 4,305 Sq Ft Lot

Home Design

  • 1,364 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Indiana Harbor Add 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450322407012000024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,279

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1922
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR1233
  • Subdivision Name: Indiana Harbor Add 02
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.0988

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 4305
  • Parcel #: 450322407012000024

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Dad Properties Llc
Bought by
Dad Properties Portfolio V Llc
Current Estimated Value
$138,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,500
Outstanding Balance
$699,682
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
-$566,689

Purchase Details

Listed on
May 11, 2022
Closed on
Sep 8, 2022
Sold by
Jones Lewis R
Bought by
Dad Properties Llc
Seller's Agent
Brenna McKeethen
1Onestop Real Estate LLC
List Price
$102,000
Sold Price
$102,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$114,652
Interest Rate
5.22%
Mortgage Type
Construction
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
Dad Properties Portfolio V Llc -- Near North Title
Dad Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dad Properties Portfolio V Llc $784,500
Previous Owner Dad Properties Llc $114,652
Previous Owner Jones Lewis R $65,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $102,000 0.0% $75 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $102,000 -- $75 / 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 $5,279 $121,700 $15,800 $105,900
2023 $1,306 $110,600 $15,800 $94,800
2022 $1,306 $65,300 $17,700 $47,600
2021 $962 $48,100 $7,000 $41,100
2020 $509 $44,300 $7,000 $37,300
2019 $638 $39,800 $7,000 $32,800
2018 $585 $34,900 $7,000 $27,900
2017 $598 $35,400 $7,000 $28,400
2016 $592 $34,100 $7,000 $27,100
2014 $452 $33,100 $7,000 $26,100
2013 $429 $32,800 $7,000 $25,800
Source: Public Records

Agents Affiliated with this Home

  • Brenna McKeethen

    Seller's Agent in 2022

    Brenna McKeethen

    1Onestop Real Estate LLC

    (219) 793-2894

    3 in this area

    42 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR512241

Northwest Indiana Association of REALTORS®

APN: 45-03-22-407-012.000-024

Indiana Lake County East Chicago 46312 Indiana Harbor

3823 Alder St, East Chicago, IN

This home is located at 3823 Alder St, East Chicago, IN 46312 since 11 May 2022 and is currently estimated at $138,567, approximately $101 per square foot. This property was built in 1922. 3823 Alder 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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