NOT LISTED FOR SALE

3922 Alder St East Chicago, IN 46312

Indiana Harbor Neighborhood

Estimated Value: $199,000 - $279,000

7 Beds
4 Baths
3,949 Sq Ft
$61/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $145,000 $37 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,559/month

90 Days on Market

Highlights

  • Detached Garage
  • Community Storage Space
  • 4-minute walk to Callahan Park

About This Home

As of February 2021

Fully functioning 3 unit and PAYING TENANTS in the Harbor! Property has a lot to offer, including upgrades with a new roof 2020, electric, and rehabbed prior to tenants moving in. 2 - 3 bedroom unit and 1 - 1 bedroom unit and a rented 2 car garage!

Last Agent to Sell the Property

Angela Manning

Integrity Realty Partners License #RB17000786 Listed on: 10/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,916

Year Built

  • Built in 1926

Lot Details

  • 3,833 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 3,949 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450322379026000024

Community Details

Overview

  • 3 Units
  • Indiana Harbor Add 03 Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,916

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Pets Allowed, Storage
  • Co List Office Mls Id: GNR1471
  • Subdivision Name: Indiana Harbor Add 03
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7

Exterior Features

  • Acres: 0.088

Garage/Parking

  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 3833
  • Parcel #: 450322379026000024

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Feb 24, 2021
Sold by
Msbk Llc
Bought by
Bhanderi Amit
Seller's Agent
Angela Manning
Integrity Realty Partners
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,000
Original Mortgage
$108,750
Outstanding Balance
$99,025
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2020
Sold by
Lake More Rentals Llc
Bought by
Idrc Llc

Purchase Details

Closed on
Jun 30, 2020
Sold by
Champion Technology Services Llc
Bought by
Idrc Llc

Purchase Details

Closed on
Dec 31, 2010
Sold by
Standard Bank & Trust Company
Bought by
Motu Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2010
Sold by
Motu Enterprises Llc
Bought by
Standard Bank & Trust Company and Trust #20707

Purchase Details

Closed on
Jul 17, 2009
Sold by
Galic Andjelko and Vidovic Ljubomir
Bought by
Motu Enterprises Llc

Purchase Details

Closed on
Feb 2, 2009
Sold by
Hsbc Mortgage Services Inc
Bought by
Galic Andjelko and Vidovic Ljubomir

Purchase Details

Closed on
Jul 11, 2008
Sold by
Garza Javier and U S Bank National Association
Bought by
Hsbc Mortgage Services Inc
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
Bhanderi Amit $145,000 Meridian Title Corp
Msbk Llc -- Meridian Title Corp
Idrc Llc -- None Available
Idrc Llc -- None Available
Motu Enterprises Llc -- None Available
Standard Bank & Trust Company -- Oconnor Title Services
Motu Enterprises Llc -- Indiana Title Network Compan
Galic Andjelko -- Reo Title Services
Hsbc Mortgage Services Inc $47,645 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhanderi Amit $108,750
Previous Owner Motu Enterprises Llc $2,500,000
Previous Owner Garza Javier $115,600
Closed Idrc Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $145,000 0.0% $37 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
10/29/2020 10/29/20 For Sale $145,000 -- $37 / 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 $9,245 $190,200 $14,300 $175,900
2023 $3,874 $193,700 $14,300 $179,400
2022 $2,830 $141,500 $13,800 $127,700
2021 $2,644 $132,200 $13,800 $118,400
2020 $1,638 $81,900 $13,800 $68,100
2019 $1,916 $81,400 $13,800 $67,600
2018 $1,653 $64,000 $13,800 $50,200
2017 $1,673 $77,400 $13,800 $63,600
2016 $2,044 $77,600 $13,800 $63,800
2014 $1,400 $54,800 $6,200 $48,600
2013 $1,388 $54,400 $6,200 $48,200
Source: Public Records

Agents Affiliated with this Home

  • Angela Manning

    Seller's Agent in 2021

    Angela Manning

    Integrity Realty Partners

    (219) 628-3432

    24 in this area

    118 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR484229

Northwest Indiana Association of REALTORS®

APN: 45-03-22-379-026.000-024

Indiana Lake County East Chicago 46312 Indiana Harbor

3922 Alder St, East Chicago, IN

This home is located at 3922 Alder St, East Chicago, IN 46312 since 29 October 2020 and is currently estimated at $239,000, approximately $60 per square foot. This property was built in 1926. 3922 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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