NOT LISTED FOR SALE

3829 Alder St East Chicago, IN 46312

Indiana Harbor Neighborhood

Estimated Value: $98,000 - $199,364

6 Beds
2 Baths
2,266 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 27, 2021

Last sale price $65,000 $29 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,064/month

About This Home

As of March 2021

This is perfect for a investor/contractor looking to build their wealth portfolio. Yes it needs work but if you do the numbers you can see this would be a great long term investment.

Last Agent to Sell the Property

Andretta Robinson

RE/MAX 10 Schererville License #RB14051873 Listed on: 03/27/2021

RE/MAX 10 Schererville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1927

Lot Details

  • 4,304 Sq Ft Lot

Home Design

  • 2,266 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Indiana Harbor 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450322407015000024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,282

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR1641
  • Subdivision Name: Indiana Harbor 2nd Add
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.0988

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 4304
  • ResoLotSizeUnits: Acres
  • Parcel #: 450322407015000024
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Dad Properties Llc
Bought by
Dad Properties Portfolio Vi Llc
Current Estimated Value
$164,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,415,500
Outstanding Balance
$3,145,253
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
-$2,984,685

Purchase Details

Closed on
Feb 9, 2023
Sold by
Btb Investment 2 Llc
Bought by
Dad Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2021
Closed on
Apr 15, 2021
Sold by
Riz Holdings Llc
Bought by
Btb Investment 2 Llc
Seller's Agent
Andretta Robinson
RE/MAX 10 Schererville
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.93%

Purchase Details

Listed on
Mar 27, 2021
Closed on
Mar 21, 2021
Sold by
Pine Valley One Real Estate Llc
Bought by
Riz Holdings Llc
Seller's Agent
Andretta Robinson
RE/MAX 10 Schererville
List Price
$65,000
Sold Price
$65,000

Purchase Details

Closed on
Jan 20, 2021
Sold by
Haifa Real Estate Llc
Bought by
Pine Valley One Real Estate Llc

Purchase Details

Closed on
Dec 20, 2017
Sold by
Carpenter Albert and Carpenter Marsha M
Bought by
Haifa Real Estate Llc
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 Vi Llc -- Near North Title Group
Dad Properties Llc $79,000 Near North Title Group
Btb Investment 2 Llc -- None Available
Riz Holdings Llc $13,500 None Available
Pine Valley One Real Estate Llc $3,131 None Available
Haifa Real Estate Llc -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dad Properties Portfolio Vi Llc $3,415,500
Previous Owner Dad Properties Llc $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2021 03/27/21 Sold $65,000 0.0% $29 / Sq Ft
03/27/2021 03/27/21 For Sale $65,000 -- $29 / 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 $6,071 $141,800 $15,800 $126,000
2023 $2,544 $127,200 $15,800 $111,400
2022 $1,732 $86,600 $17,700 $68,900
2021 $1,334 $66,700 $7,000 $59,700
2020 $1,222 $61,100 $7,000 $54,100
2019 $1,282 $54,500 $7,000 $47,500
2018 $1,506 $51,700 $7,000 $44,700
2017 $1,335 $52,300 $7,000 $45,300
2016 $1,330 $50,300 $7,000 $43,300
2014 $1,231 $48,200 $7,000 $41,200
2013 $1,217 $47,700 $7,000 $40,700
Source: Public Records

Agents Affiliated with this Home

  • Andretta Robinson

    Seller's Agent in 2021

    Andretta Robinson

    RE/MAX

    (708) 774-1485

    1 in this area

    206 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR490180

Northwest Indiana Association of REALTORS®

APN: 45-03-22-407-015.000-024

Indiana Lake County East Chicago 46312 Indiana Harbor

3829 Alder St, East Chicago, IN

This home is located at 3829 Alder St, East Chicago, IN 46312 since 27 March 2021 and is currently estimated at $164,341, approximately $72 per square foot. This property was built in 1927. 3829 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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