NOT LISTED FOR SALE

Estimated Value: $163,000 - $177,249

6 Beds
2 Baths
1,152 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $160,000 $139 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,131/month

9 Days on Market

Highlights

  • Deck
  • Balcony
  • Patio

About This Home

As of December 2022

Great investment multiunit! This property has been recently remodeled, NEW FLOORING throughout, fresh paint, kitchen updates, bathroom updates, NEW furnace recently installed in the upstairs unit, laundry hookup for both units, parking in back of building.Property is a HOT COMMODITY for renters!! Don't miss out on a GREAT opportunity!!!Call your realtor today!!

Last Agent to Sell the Property

Lisa Reyes

McColly Real Estate License #RB16001301 Listed on: 11/05/2022

McColly Real Estate

Last Buyer's Agent

Miya Armstrong

Coldwell Banker Realty License #RB21000342

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,436

Year Built

  • Built in 1918

Lot Details

  • 3,690 Sq Ft Lot
  • Lot Dimensions are 30 x 123

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 1,152 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio

Listing and Financial Details

  • Total Actual Rent $28,900
  • Assessor Parcel Number 450322378019000024

Community Details

Overview

  • 2 Units
  • Indiana Harbor Subdivision

Building Details

  • Insurance Expense $850
  • Water Sewer Expense $900
  • New Taxes Expense $1,450
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,436

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1918
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Indiana Harbor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Acres: 0.0847
  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Off Street, Other

Utilities

  • Utilities: Cable Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 30 x 123
  • Lot Size Sq Ft: 3690
  • Parcel #: 450322378019000024

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 850
  • Total Actual Rent: 28900

Tax Info

  • New Taxes Expense: 1450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
Dec 27, 2022
Sold by
Elite 2 Inc
Bought by
Baylor Toi
Seller's Agent
Lisa Reyes
McColly Real Estate
Buyer's Agent
Miya Armstrong
Coldwell Banker Realty
List Price
$160,000
Sold Price
$160,000
Total Days on Market
9
Current Estimated Value
$171,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,062
Avg. Annual Appreciation
2.78%
Original Mortgage
$136,000
Outstanding Balance
$131,986
Interest Rate
6.27%
Estimated Equity
$39,076

Purchase Details

Closed on
Nov 4, 2021
Sold by
Elite 3 Inc
Bought by
Elite 2 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2020
Sold by
Garcia Sergio
Bought by
Elite 3 Inc
Source: Public Records

Similar Homes in East Chicago, IN

  • 3732 Deodar St, East Chicago, IN 46312

    $205,000

    • 5 Beds
    • 3 Baths
    • 1,978 Sq Ft
    • 3732 Deodar St
    • East Chicago, IN

    Don't miss this incredible opportunity to own a cash-flowing 3-unit building in the heart of East Chicago! With all three units occupied and leases in place, this property is perfect for generating immediate income. Ideally located near major highways, schools, parks, and just minutes from the IN/IL border, convenience is at your doorstep. This is a smart investment that checks all the

    Angelo Torres Simplify Your Move! Realty Inc

    Section Image
  • 3705 Butternut St, East Chicago, IN 46312

    $218,000

    • 4 Beds
    • 2 Baths
    • 2,688 Sq Ft
    • 3705 Butternut St
    • East Chicago, IN

    This Income property awaits its new owner!! Two unit duplex, with each unit offering two bedrooms and one bathroom. Property boasts a common area laundry room and two car garage. The perfect location of this property creates easy access to major highways, restaurants, shopping, and even Lake Michigan. Front view from the property is the beautiful Callahan Park with walking paths, playground and

    Jenifer Anderson Premier Region Real Estate

    Section Image
  • 4937 Walsh Ave, East Chicago, IN 46312

    $165,000

    • 4 Beds
    • 2 Baths
    • 2,040 Sq Ft
    • 4937 Walsh Ave
    • East Chicago, IN

    This recently renovated, 2-story investment property in East Chicago features 4 bedrooms and 2 bathrooms. The centrally located property currently has one occupied unit, with potential monthly rents of 1,800. The property owner covers the cost of water, while the tenants are responsible for gas and electric utilities. This is being sold AS IS!

    Kiyah Marshall Property Boss

    Section Image

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
Baylor Toi -- Chicago Title
Elite 2 Inc -- None Available
Elite 3 Inc -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baylor Toi $136,000
Previous Owner Elite 2 Inc $84,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $160,000 0.0% $139 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $160,000 -- $139 / 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 $5,436 $125,800 $13,800 $112,000
2023 $1,338 $113,900 $13,800 $100,100
2022 $1,338 $66,900 $15,200 $51,700
2021 $1,014 $50,700 $6,000 $44,700
2020 $958 $47,900 $6,000 $41,900
2019 $1,048 $42,800 $6,000 $36,800
2018 $958 $35,900 $6,000 $29,900
2017 $987 $36,400 $6,000 $30,400
2016 $986 $35,100 $6,000 $29,100
2014 $833 $32,600 $6,000 $26,600
2013 $658 $25,800 $6,000 $19,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 522468

Northwest Indiana Association of REALTORS®

APN: 45-03-22-378-019.000-024