NOT LISTED FOR SALE

3926-3928 S Explorer Ln Wheatfield, IN 46392

Estimated Value: $211,000 - $221,000

4 Beds
2 Baths
1,664 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 25, 2025

Last sale price $207,000 $124 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,329/month

5 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • Laundry closet
  • Neighborhood Views
  • Double Pane Windows
  • Outdoor Storage

About This Home

As of February 2025

This duplex for sale offers excellent rental potential with long-term tenants on month-to-month leases in both units. Each unit features 2 bedrooms, 1 bathroom, a dishwasher, and washer/dryer hookups. The property has a durable vinyl and brick exterior with garages located between the units. Each unit enjoys a covered porch, perfect for relaxing and overlooking the backyard. There's also a shed for extra storage. Conveniently located near shopping and KV High School, this duplex provides an ideal investment opportunity in a desirable neighborhood. Renter takes care of own utilities and lawn maintenance. Roof new 2020, furnace new in 19W in 2021. Possession subject to Tenants Rights. Information believed accurate, not guaranteed.

Last Agent to Sell the Property

Deb McKay

Hebron Realty & Insurance License #RB14014734 Listed on: 01/31/2025

Last Buyer's Agent

Deb McKay

Hebron Realty & Insurance License #RB14014734 Listed on: 01/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1993

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 175x118
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Neighborhood Views
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Kankakee Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Total Actual Rent $17,520
  • Tenant pays for all utilities, snow removal, gas, exterior maintenance
  • The owner pays for taxes
  • Assessor Parcel Number 371628000003001033
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lasalle Estates Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Insurance Expense $1,400
  • New Taxes Expense $1,384
  • Gross Income $17,520
  • Net Operating Income $14,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,384

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1993
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Laundry Closet, Gas Dryer Hookup
  • ResoLotFeatures: Back Yard, Subdivided, Few Trees, Private, Level, Landscaped
  • ResoPoolFeatures: None
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Paved
  • Reso View: Neighborhood
  • ResoOtherEquipment: None
  • ResoSecurityFeatures: Other
  • Co List Office Mls Id: NRA374
  • Subdivision Name: LaSalle Estates
  • Above Grade Finished Sq Ft: 1664
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • ResoWindowFeatures: Double Pane Windows
  • Financial Info Electric: 200+ Amp Service, Circuit Breakers
  • NumberOfStores: 1
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Entrance, Storage, Private Yard
  • Fencing: None
  • Acres: 0.478
  • Waterfront: No
  • Foundation Details: Block, Permanent
  • Patio And Porch Features: Covered, Porch
  • Reso Roof: Asphalt, See Remarks, Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Driveway, Paved, Garage Faces Front
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • HOA Rent Includes: None
  • Association: No

Lot Info

  • Lot Dimensions: 175x118
  • Lot Size Sq Ft: 20821.68
  • ResoLotSizeUnits: Acres
  • Additional Parcels: No
  • Parcel #: 371628000003001033
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No
  • Tenant Pays: All Utilities, See Remarks, Snow Removal, Gas, Exterior Maintenance
  • Owner Pays: Taxes

Tax Info

  • Year: 2023
  • New Taxes Expense: 1384
  • Tax Annual Amount: 1384.38

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17520
  • Insurance Expense: 1400
  • Total Actual Rent: 17520

MLS Schools

  • HighSchool: Kankakee Valley High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Feb 25, 2025
Sold by
Heart To Heart Properties Llc
Bought by
Payne Ryan R
Seller's Agent
Deb McKay
Hebron Realty & Insurance
Buyer's Agent
Deb McKay
Hebron Realty & Insurance
List Price
$242,000
Sold Price
$207,000
Premium/Discount to List
-$35,000
-14.46%
Views
19
Current Estimated Value
$217,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,459
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Aug 30, 2021
Sold by
Govert Dale J
Bought by
Heart To Heart Properties Llc
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
Payne Ryan R $207,000 Fidelity National Title
Heart To Heart Properties Llc $175,000 Title Services Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $207,000 -14.5% $124 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $242,000 -- $145 / 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 $1,537 $163,800 $22,200 $141,600
2023 $1,379 $150,000 $22,200 $127,800
2022 $1,375 $141,400 $22,200 $119,200
2021 $1,207 $117,500 $20,700 $96,800
2020 $1,289 $116,200 $20,700 $95,500
2019 $1,265 $116,500 $20,700 $95,800
2018 $1,219 $114,200 $20,700 $93,500
2017 $1,154 $113,500 $20,700 $92,800
2016 $1,120 $112,700 $20,700 $92,000
2014 $1,027 $119,500 $20,700 $98,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Deb McKay

    Hebron Realty & Insurance

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 815565

Northwest Indiana Association of REALTORS®

APN: 37-16-28-000-003.001-033

Indiana Jasper County Wheatfield 46392

3926-3928 S Explorer Ln, Wheatfield, IN

This home is located at 3926-3928 S Explorer Ln, Wheatfield, IN 46392 since 31 January 2025 and is currently estimated at $215,440, approximately $129 per square foot. This property was built in 1993. 3926-3928 S Explorer Ln is a home located in Jasper County with nearby schools including Kankakee Valley High School, DeMotte Christian School, and DeMotte Christian High School.

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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