$130,000
SOLD JUL 22, 2022
4 Beds
2 Baths
1,344 Sq Ft
3,690 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

5 Days on Market

Highlights

  • Detached Garage
  • Satellite Dish
  • Fenced
  • Porch

About This Home

As of May 2024

Updated, spacious, turnkey, and ready to go. Now available is this cash flowing duplex in East Chicago, IN that has a garage included. Reach out to an agent for more information on the property, including income and expenses.

Last Agent to Sell the Property

Tariq Suboh

Ellsbury Commercial Group LLC License #RB20000815 Listed on: 06/16/2022

Co-Listed By

Joseph Dellecarto

Listing Leaders Northwest License #RB21001304

Last Buyer's Agent

Fernando Alanis

Listing Leaders Northwest License #RB20001710

Listing Leaders Northwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,348

Year Built

  • Built in 1924

Lot Details

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

Parking

  • Detached Garage

Interior Spaces

  • 1,344 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Satellite Dish

Listing and Financial Details

  • Total Actual Rent $17,880
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 450322378021000024

Community Details

Overview

  • 2 Units
  • 3Rd Add Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $240
  • Water Sewer Expense $384
  • New Taxes Expense $1,564
  • Net Operating Income $12,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,348

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Reso Property Sub Type: Duplex
  • ResoOtherEquipment: Satellite Dish
  • Income And Expenses Maintenance Expense: 240
  • Professional Management Expense: 894
  • Co List Office Mls Id: NRA1959
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: 3rd Add
  • Garage Yn: Yes
  • WaterExpense: 384.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Fencing: Fenced
  • Acres: 0.0847
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Detached

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 30 x 123
  • Lot Size Sq Ft: 3690
  • Parcel #: 450322378021000024

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Total Actual Rent: 17880

Tax Info

  • New Taxes Expense: 1564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 27, 2024
Sold by
Pena Jr Rentals Llc
Bought by
Diaz Sebastian
Seller's Agent
Fernando Alanis
Listing Leaders Northwest
Buyer's Agent
Robert Nunez
Listing Leaders Northwest
List Price
$160,000
Sold Price
$160,000
Views
67
Current Estimated Value
$172,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,653
Avg. Annual Appreciation
2.17%
Original Mortgage
$157,102
Outstanding Balance
$155,805
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$8,338

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 15, 2022
Sold by
Derek Pacheco
Bought by
Pena Jr Rentals Llc
Seller's Agent
Tariq Suboh
Ellsbury Commercial Group LLC
Buyer's Agent
Fernando Alanis
Listing Leaders Northwest
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$104,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2021
Sold by
Apodaca Christian J M
Bought by
Ace Nwei Llc

Purchase Details

Closed on
Apr 26, 2021
Sold by
Ace Nwi Llc
Bought by
Pacheco Derek

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 29, 2018
Sold by
Omarco Llc
Bought by
Adpodaca Christian J M
Seller's Agent
Angela Manning
Integrity Realty Partners
Buyer's Agent
Angela Manning
Integrity Realty Partners
List Price
$74,000
Sold Price
$74,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$55,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2018
Sold by
Garcia Tomas G and Garcia Irma O
Bought by
Omarco Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 Chicago Title
Warranty Deed -- Chicago Title
Warranty Deed $75,000 None Available
Warranty Deed $75,000 None Available
Warranty Deed -- Meridian Title Corp
Warranty Deed -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,102 FHA
Previous Owner $104,000 New Conventional
Previous Owner $55,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $160,000 0.0% $119 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $160,000 +23.1% $119 / Sq Ft
07/22/2022 07/22/22 Sold $130,000 0.0% $97 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $130,000 +75.7% $97 / Sq Ft
11/30/2018 11/30/18 Sold $74,000 0.0% $55 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $74,000 -- $55 / 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 $6,348 $146,000 $13,800 $132,200
2023 $2,660 $133,000 $13,800 $119,200
2022 $1,962 $98,100 $15,200 $82,900
2021 $1,372 $68,600 $6,000 $62,600
2020 $1,322 $66,100 $6,000 $60,100
2019 $1,374 $59,100 $6,000 $53,100
2018 $1,097 $42,400 $6,000 $36,400
2017 $1,132 $43,000 $6,000 $37,000
2016 $1,129 $41,400 $6,000 $35,400
2014 $981 $38,400 $6,000 $32,400
2013 $969 $38,000 $6,000 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 514574

Northwest Indiana Association of REALTORS®

APN: 45-03-22-378-021.000-024