NOT LISTED FOR SALE

3927 Drummond St East Chicago, IN 46312

Indiana Harbor Neighborhood

Estimated Value: $99,000 - $155,073

3 Beds
2 Baths
1,479 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $95,000 $64 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $993/month

5 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Forced Air Heating System
  • No HOA
  • 1-Story Property

About This Home

As of July 2024

Unlock the potential of this charming all-brick duplex, where convenience meets opportunity in a sought-after location. The front unit offers cozy comfort with 1 bedroom and 1 bathroom, while the rear unit boasts spaciousness with 2 bedrooms and 1 bathroom. Both units are fully functional and tenant-occupied, providing immediate rental income secured until March 2025. Situated near expressways, train stations, and an array of amenities. Schedule your appointment today and seize the chance to capitalize on this exceptional investment!

Last Agent to Sell the Property

Jason Moon

Trueblood Real Estate, LLC License #RB14038929 Listed on: 05/09/2024

Trueblood Real Estate, LLC

Last Buyer's Agent

Jason Moon

Trueblood Real Estate, LLC License #RB14038929 Listed on: 05/09/2024

Trueblood Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1916

Lot Details

  • 3,703 Sq Ft Lot

Parking

  • 4 Parking Spaces

Interior Spaces

  • 1,479 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Basement
  • Laundry in Basement
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • The owner pays for grounds care, sewer, water, trash collection, taxes, insurance
  • Rent includes sewer, water, trash collection
  • Assessor Parcel Number 45-03-21-477-014.000-024

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Indiana Harbor Add 04 Subdivision

Building Details

  • Gardener Expense $750
  • Insurance Expense $761
  • Manager Expense $1,200
  • Trash Expense $256
  • Water Sewer Expense $256
  • New Taxes Expense $1,659
  • Gross Income $16,680
  • Net Operating Income $13,041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,468

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1916
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: City Lot
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2003
  • Subdivision Name: Indiana Harbor Add 04
  • Above Grade Finished Sq Ft: 1479
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: None
  • WaterExpense: 256.00
  • SewerExpense: 256.00
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Refrigerator, Gas Range
  • Interior Amenities: None
  • Basement: Exterior Entry
  • Flooring: Carpet, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Acres: 0.085
  • Waterfront: No
  • Foundation Details: Permanent
  • Patio And Porch Features: None
  • Reso Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Natural Gas Connected, Phone Connected, Electricity Connected
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • HOA Rent Includes: Sewer, Water, Trash Collection
  • Association: No

Fee Information

  • Trash Expense: 256

Schools

  • Junior High Dist: City of East Chicago

Lot Info

  • Lot Size Sq Ft: 3702.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 45-03-21-477-014.000-024
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Tenant Pays: Cable TV, Gas, Electricity
  • Owner Pays: Grounds Care, Sewer, Water, Trash Collection, Taxes, Insurance

Tax Info

  • Year: 2022
  • New Taxes Expense: 1659
  • Tax Annual Amount: 1468

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16680
  • Insurance Expense: 761
  • Resident Manager Expense: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 19, 2024
Sold by
Jc Real Estate Group Llc
Bought by
Aloia Steven
Seller's Agent
Jason Moon
Trueblood Real Estate, LLC
Buyer's Agent
Jason Moon
Trueblood Real Estate, LLC
List Price
$134,999
Sold Price
$95,000
Premium/Discount to List
-$39,999
-29.63%
Views
906
Current Estimated Value
$125,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,518
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Sep 1, 2023
Sold by
Stypula Jason
Bought by
Jc Real Estate Group Llc

Purchase Details

Closed on
Mar 4, 2014
Sold by
Phoenix Investment Holdings 2 Llc
Bought by
Mags Holdings Indiana Llc

Purchase Details

Closed on
Oct 28, 2013
Sold by
Cavoto Michael
Bought by
Phoenix Investment Holdings 2 Llc

Purchase Details

Closed on
Apr 20, 2012
Sold by
Scheetz Paul
Bought by
Cavoto Michael

Purchase Details

Closed on
Dec 14, 2005
Sold by
Rappeport Todd
Bought by
Scheetz Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2005
Sold by
Spretnjak Mark
Bought by
Rappaport Todd
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aloia Steven $95,000 Meridian Title
Jc Real Estate Group Llc -- None Listed On Document
Mags Holdings Indiana Llc -- Meridian Title Corp
Phoenix Investment Holdings 2 Llc -- Meridian Title Corp
Cavoto Michael -- None Available
Scheetz Paul -- Multiple
Rappaport Todd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheetz Paul $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $95,000 -29.6% $64 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $134,999 -- $91 / 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 $3,723 $93,700 $13,800 $79,900
2023 $1,560 $78,000 $13,800 $64,200
2022 $1,468 $73,400 $15,200 $58,200
2021 $1,124 $56,200 $6,000 $50,200
2020 $1,062 $53,100 $6,000 $47,100
2019 $1,140 $47,400 $6,000 $41,400
2018 $1,218 $48,100 $6,000 $42,100
2017 $1,252 $48,500 $6,000 $42,500
2016 $1,249 $46,700 $6,000 $40,700
2014 $1,173 $45,900 $6,000 $39,900
2013 $615 $24,100 $6,000 $18,100
Source: Public Records

Agents Affiliated with this Home

  • Jason Moon

    Seller's Agent in 2024

    Jason Moon

    Trueblood Real Estate, LLC

    (219) 775-0869

    2 in this area

    489 Total Sales

    Jason Moon
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 803368

Northwest Indiana Association of REALTORS®

APN: 45-03-21-477-014.000-024

Indiana Lake County East Chicago 46312 Indiana Harbor

3927 Drummond St, East Chicago, IN

This home is located at 3927 Drummond St, East Chicago, IN 46312 since 09 May 2024 and is currently estimated at $125,518, approximately $84 per square foot. This property was built in 1916. 3927 Drummond 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.

Nearby Homes