NOT LISTED FOR SALE

402 Washington St La Porte, IN 46350

Estimated Value: $78,000 - $138,597

2 Beds
2 Baths
1,596 Sq Ft
$70/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $95,000 $60 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $846/month

26 Days on Market

About This Home

As of October 2022

Great investment opportunity at a great price! This duplex has two 1br/1ba units and has been nicely updated. Updates include new gutters and downspouts, new siding, new roof, 2 new windows on Washington side of the building, key pad lock and and screen door on Detroit St side, fresh gravel drive and new landscaping. Live in one side and rent the other, or earn income on both. Apartments currently rent for $700 and $725/month. Close to local shopping centers and downtown LaPorte on a quiet residential street. Please allow 24 hours' notice for showings.

Last Listed By

Chad Gradowski

Coldwell Banker Realty License #RB14032533 Listed on: 08/26/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $779

Year Built

  • Built in 1925

Lot Details

  • 5,265 Sq Ft Lot

Home Design

  • 1,596 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Laporte Community Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460635285006000043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$779

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Co List Office Mls Id: GNR728
  • Co List Office Mls Id: GNR728
  • Subdivision Name: LaPorte Community
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Acres: 0.1209

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 5265
  • Parcel #: 460635285006000043

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 7, 2022
Sold by
Case Family Revocable Living Trust
Bought by
Mendez Olivia
Seller's Agent
Chad Gradowski
Coldwell Banker Realty
List Price
$95,000
Sold Price
$95,000
Total Days on Market
26
Current Estimated Value
$112,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,399
Avg. Annual Appreciation
6.66%
Original Mortgage
$71,250
Outstanding Balance
$69,233
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$43,166

Purchase Details

Listed on
Mar 29, 2020
Closed on
May 1, 2020
Sold by
Mccoy Patrick
Bought by
Case Trust
Seller's Agent
Linda Smith
Cressy & Everett- Elkhart
Buyer's Agent
Linda Smith
Cressy & Everett- Elkhart
List Price
$45,000
Sold Price
$32,000
Premium/Discount to List
-$13,000
-28.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.36%

Range of Values:

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Average Value
Not Available
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
Mendez Olivia -- Fidelity National Title
Case Trust -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Olivia $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $95,000 0.0% $60 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $95,000 +196.9% $60 / Sq Ft
05/01/2020 05/01/20 Sold $32,000 -19.8% $20 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
04/05/2020 04/05/20 Price Changed $39,900 -11.3% $25 / Sq Ft
03/29/2020 03/29/20 For Sale $45,000 -- $28 / 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 $2,605 $79,300 $9,400 $69,900
2022 $1,630 $81,500 $9,400 $72,100
2021 $779 $75,700 $9,400 $66,300
2020 $700 $75,700 $9,400 $66,300
2019 $1,648 $80,000 $15,700 $64,300
2018 $1,046 $70,800 $12,600 $58,200
2017 $808 $38,000 $6,800 $31,200
2016 $1,078 $51,500 $10,900 $40,600
2014 $992 $49,600 $10,900 $38,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR518705

Northwest Indiana Association of REALTORS®

APN: 46-06-35-285-006.000-043