NOT LISTED FOR SALE

4 Garfield Ave Unit 2 Valparaiso, IN 46383

Estimated Value: $286,000 - $324,199

4 Beds
2 Baths
2,310 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $142,000 $61 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,145/month

65 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Fenced
  • Parkview Elementary School Rated A
  • Satellite Dish

About This Home

As of June 2017

BRICK, SOUND, WELL-BUILT, 2-UNIT with large covered front porch Plenty of character and charm here assists with easy to rent history. Main floor unit offers 2 bedrooms, full bath, an entertaining focal point kitchen opened to dine area, and appliances. This unit has hardwood floors along with exposed brick. Includes more usable living area in basement plus storage, washer and dryer. Fenced back yard, deck and shedUnit-2 spacious upper floor 2 bedrooms, full bath, appliances and deck off kitchen. Newer roof, new hotwater heating system and updated electricalGreat downtown location with shopping, dining, library and university. Live on main floor and rent out upper.

Last Agent to Sell the Property

Cyndi Rettig

McColly Real Estate License #RB14008419 Listed on: 03/18/2017

McColly Real Estate

Last Buyer's Agent

Jeffrey Sederberg

Evolution Real Estate Solution License #RB14026305

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,128

Year Built

  • Built in 1914

Lot Details

  • 3,615 Sq Ft Lot
  • Lot Dimensions are 55 x 66
  • Fenced

Home Design

  • Brick Foundation

Interior Spaces

  • 2,310 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Satellite Dish

Listing and Financial Details

  • Total Actual Rent $20,100
  • Tenant pays for electricity, gas
  • The owner pays for gas, sewer, water
  • Assessor Parcel Number 640924428019000004

Community Details

Overview

  • 2 Units
  • Browns Sub Subdivision

Building Details

  • Insurance Expense $1,083
  • Water Sewer Expense $1,528
  • New Taxes Expense $3,484
  • Net Operating Income $12,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,128

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1914
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: NRA233
  • Subdivision Name: Browns Sub
  • Reso Other Structures: Shed(s)
  • WaterExpense: 1528.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Carpet, Ceramic Tile, Hardwood, Linoleum
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.083
  • Construction Type: Brick
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: 55 x 66
  • Lot Size Sq Ft: 3615
  • Parcel #: 640924428019000004

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1083
  • Total Actual Rent: 20100

Tax Info

  • New Taxes Expense: 3484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2017
Closed on
Jun 26, 2017
Sold by
Guzman Rene and Guzman Brandi
Bought by
Reising Richard
Seller's Agent
Cyndi Rettig
McColly Real Estate
Buyer's Agent
Jeffrey Sederberg
Evolution Real Estate Solution
List Price
$142,000
Sold Price
$142,000
Current Estimated Value
$311,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,550
Avg. Annual Appreciation
9.87%
Original Mortgage
$106,500
Outstanding Balance
$88,798
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$222,752
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
Reising Richard -- Community Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reising Richard $106,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2017 06/27/17 Sold $142,000 0.0% $61 / Sq Ft
05/28/2017 05/28/17 Pending -- -- --
03/18/2017 03/18/17 For Sale $142,000 -- $61 / 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 $6,128 $281,400 $19,500 $261,900
2023 $5,566 $249,200 $17,000 $232,200
2022 $5,566 $225,200 $17,000 $208,200
2021 $4,884 $190,700 $17,000 $173,700
2020 $4,515 $173,400 $15,500 $157,900
2019 $4,314 $163,500 $15,500 $148,000
2018 $4,097 $155,300 $15,500 $139,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 410255

Northwest Indiana Association of REALTORS®

APN: 64-09-24-428-041.000-004