C
Seller's Agent in 2025
Cirilo Favela
Favela Real Estate, LLC
(219) 955-0100
1 in this area
67 Total Sales
3824 Grand Blvd East Chicago, IN 46312
Indiana Harbor Neighborhood
6
Beds
2
Baths
2,230
Sq Ft
4,305
Sq Ft Lot
Highlights
- No HOA
- Central Air
- 2 Car Garage
- Neighborhood Views
About This Home
As of April 2025INVESTMENT OPPORTUNITY: Presenting two units, each with tenants holding active leases. This fully renovated building boasts new plumbing, electrical systems, furnaces, ductwork, central air, and windows. Both units feature three bedrooms, kitchens with stone countertops, and appliances included post-tenancy, one bathroom, and luxury vinyl flooring throughout. Additional features include an unfinished basement ideal for storage, equipped with a coin-operated washer and dryer for tenant use, and a detached two-car garage. Tenants are responsible for their own electricity and gas bills. Consider this property for your investment portfolio, conveniently located near highways, a hospital, a casino, and a public park.
Last Agent to Sell the Property
Favela Real Estate, LLC License #RB19000021 Listed on: 09/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,142
Year Built
- Built in 1903 | Remodeled
Lot Details
- 4,305 Sq Ft Lot
Parking
- 2 Car Garage
Home Design
- Block Foundation
- Rubber Roof
Interior Spaces
- 2,230 Sq Ft Home
- 2-Story Property
- Insulated Windows
- Neighborhood Views
- Basement
- Laundry in Basement
Kitchen
- Gas Range
- Microwave
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for insurance, water, trash collection, taxes, sewer
- Rent includes sewer, water, trash collection
- Assessor Parcel Number 450322306016000024
Community Details
Overview
- No Home Owners Association
- 2 Units
- Indiana Harbor Add 2 Subdivision
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2024
Closed on
Apr 4, 2025
Sold by
Favela Property Investments 2 Llc
Bought by
Wilson Jessica
Seller's Agent
Cirilo Favela
Favela Real Estate, LLC
Buyer's Agent
Krystal Williams
@properties/Christie's Intl RE
List Price
$319,900
Sold Price
$309,000
Premium/Discount to List
-$10,900
-3.41%
Views
915
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,752
Avg. Annual Appreciation
-11.69%
Original Mortgage
$303,403
Outstanding Balance
$302,630
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
-$8,617
Purchase Details
Closed on
Sep 22, 2022
Sold by
Favela Homes Llc
Bought by
Favela Property Investments 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.66%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 28, 2021
Closed on
Oct 1, 2021
Sold by
Mercer Justin
Bought by
Favela Homes Llc
Seller's Agent
John Schupp
SCHUPP Real Estate
List Price
$67,900
Sold Price
$67,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.47%
Original Mortgage
$144,450
Interest Rate
2.88%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 8, 2019
Closed on
Oct 10, 2019
Sold by
Ramirez Alfredo
Bought by
Mercer Justin
Seller's Agent
Melina Piscopo
@properties/Christie's Intl RE
List Price
$35,000
Sold Price
$35,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.75%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meridian Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $67,900 | None Available | |
| Warranty Deed | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $303,403 | FHA | |
| Previous Owner | $187,500 | New Conventional | |
| Previous Owner | $144,450 | Commercial | |
| Previous Owner | $144,450 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $309,000 | -0.3% | $139 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $309,900 | -3.1% | $139 / Sq Ft |
| 09/27/2024 09/27/24 | For Sale | $319,900 | +371.1% | $143 / Sq Ft |
| 10/01/2021 10/01/21 | Sold | $67,900 | 0.0% | $19 / Sq Ft |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- |
| 08/28/2021 08/28/21 | For Sale | $67,900 | +94.0% | $19 / Sq Ft |
| 10/11/2019 10/11/19 | Sold | $35,000 | 0.0% | $10 / Sq Ft |
| 09/11/2019 09/11/19 | Pending | -- | -- | -- |
| 08/08/2019 08/08/19 | For Sale | $35,000 | -- | $10 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $5,111 | $118,400 | $15,800 | $102,600 |
| 2023 | $1,466 | $107,100 | $15,800 | $91,300 |
| 2022 | $1,466 | $73,300 | $17,700 | $55,600 |
| 2021 | $1,098 | $54,900 | $7,000 | $47,900 |
| 2020 | $1,278 | $63,900 | $7,000 | $56,900 |
| 2019 | $674 | $57,100 | $7,000 | $50,100 |
| 2018 | $748 | $53,400 | $7,000 | $46,400 |
| 2017 | $662 | $54,100 | $7,000 | $47,100 |
| 2016 | $652 | $52,100 | $7,000 | $45,100 |
| 2014 | $611 | $48,400 | $7,000 | $41,400 |
| 2013 | $602 | $48,000 | $7,000 | $41,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cirilo Favela
-
Melissa Yanez
Seller Co-Listing Agent in 2025
Melissa Yanez
Favela Real Estate, LLC
(219) 512-2584
2 in this area
70 Total Sales
-
Krystal Williams
Buyer's Agent in 2025
Krystal Williams
@ Properties
(708) 548-6382
1 in this area
65 Total Sales
-
John Schupp
Seller's Agent in 2021
John Schupp
SCHUPP Real Estate
(219) 775-2373
1 in this area
328 Total Sales
-
Melina Piscopo
M
Seller's Agent in 2019
Melina Piscopo
@ Properties
(219) 440-0070
1 in this area
57 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 810788
APN: 45-03-22-306-016.000-024
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.
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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