NOT LISTED FOR SALE

Estimated Value: $253,000 - $315,000

10 Beds
4 Baths
2,970 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $225,000 $76 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,849/month

43 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Patio
  • Wood Flooring
  • Porch
  • 5-minute walk to Callahan Park

About This Home

As of December 2021

Great opportunity!! This 4 unit is fully rented. The main and upper front units, both have 3 bedrooms and 1 bath and have been updated: the bathroom, kitchen and flooring. The two rear units are 2 bedroom, kitchen and 1 bath. Siding, Roof and windows were replaced in 2012. Block 2 car block garage, fenced yard and patio.

Last Agent to Sell the Property

Estela Lopez

McColly Real Estate License #RB14046939 Listed on: 10/14/2021

McColly Real Estate

Last Buyer's Agent

Manuel Hernandez

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,357

Year Built

  • Built in 1918

Lot Details

  • 3,703 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2,970 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Rent includes trash collection, water
  • Assessor Parcel Number 450322379009000024

Community Details

Overview

  • 4 Units
  • Indiana Harbor Add 03 Subdivision

Building Details

  • Insurance Expense $2,000
  • New Taxes Expense $1,870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,357

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1918
  • Reso Property Sub Type: Quadruplex
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Indiana Harbor Add 03
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Hardwood, Other, Tile
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.085
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Other, Trash Collection, Water

Lot Info

  • Lot Dimensions: 3690
  • Lot Size Sq Ft: 3703
  • Parcel #: 450322379009000024

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2000

Tax Info

  • New Taxes Expense: 1870

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 1, 2021
Sold by
Garcia Eloy and Garcia Mallela
Bought by
Fresh Start Property Solutions Llc
Seller's Agent
Estela Lopez
McColly Real Estate
Buyer's Agent
Manuel Hernandez
Realty Executives Premier
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$293,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,459
Avg. Annual Appreciation
7.16%
Original Mortgage
$176,000
Outstanding Balance
$161,939
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,520

Purchase Details

Closed on
Feb 11, 2005
Sold by
Pena Fernando and Pena Yolanda
Bought by
Garcia Eloy and Garcia Mallela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,841
Interest Rate
5.78%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Fresh Start Property Solutions Llc $225,000 Community Title Company
Fresh Start Property Solutions Llc $225,000 Community Title Company
Garcia Eloy -- Indiana Title Network Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fresh Start Property Solutions Llc $176,000
Closed Fresh Start Property Solutions Llc $176,000
Previous Owner Garcia Eloy $73,841
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $225,000 0.0% $76 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $225,000 -- $76 / 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 $10,357 $213,000 $14,800 $198,200
2023 $5,938 $217,000 $14,800 $202,200
2022 $5,938 $222,500 $14,800 $207,700
2021 $1,684 $84,200 $6,000 $78,200
2020 $1,582 $79,100 $6,000 $73,100
2019 $1,694 $70,300 $6,000 $64,300
2018 $1,617 $62,300 $6,000 $56,300
2017 $1,671 $63,300 $6,000 $57,300
2016 $1,323 $60,700 $6,000 $54,700
2014 $944 $49,600 $6,000 $43,600
2013 $932 $49,000 $6,000 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 502543

Northwest Indiana Association of REALTORS®

APN: 45-03-22-379-009.000-024