$32,000
SOLD MAY 1, 2020

402 Washington St La Porte, IN 46350

2 Beds
2 Baths
1,596 Sq Ft
5,266 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

29% Below List Price

10 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Baseboard Heating
  • Fenced Yard

About This Home

As of October 2022

Affordable Duplex. Walking distance of everything downtown. Do not let exterior fool you, interior is in good condition and has been a long term rental until just recently.New water heater, roof 13 to 15 years old,new gas furnace on one side and some new windows. Sold as is

Last Agent to Sell the Property

Linda Smith

Cressy & Everett- Elkhart Listed on: 03/29/2020

Cressy & Everett- Elkhart

Last Buyer's Agent

Linda Smith

Cressy & Everett- Elkhart Listed on: 03/29/2020

Cressy & Everett- Elkhart

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,266 Sq Ft Lot
  • Lot Dimensions are 81 x 65
  • Fenced Yard
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation
  • Asphalt Roof
  • Asphalt
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Laminate Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Laundry in Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Dirt Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Lincoln Elementary School
  • Boston Middle School
  • La Porte High School

Utilities

  • Multiple Heating Units
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, trash collection, water, deposit value
  • Assessor Parcel Number 46-06-35-285-006.000-043

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $367
  • Maintenance Expense $607

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 95
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 05-06-35-285-006 O S 65 PT N END LT 72 TIF ASSMT #66
  • Parcel Number ID: 46-06-35-285-006.000-043
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Countertops-Laminate, Deck Open
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 80.2
  • Annual Miscellaneous: 147
  • Monthly Gross Income: 955
  • County Zoning: Unknown
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 1884
  • Total Finished Sq Ft: 1596
  • Above Grade Finished Sq Ft: 1596
  • Below Grade Sq Ft: 288
  • Price Per Sq Ft: 20.05
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Brick
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 288
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Asphalt, Vinyl
  • Roof Material: Asphalt
  • Fence: Partial, Chain Link
  • Stories: 1.5

Garage/Parking

  • Driveway: Dirt
  • Number Of Parking Spaces: 2
  • Parking: Gravel, Off Street, Street

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 367
  • Annual Maintenance Expense: 607

Schools

  • School District: Laporte Community School Corp.
  • Elementary School: Lincoln
  • Middle School: Boston
  • High School: La Porte
  • Elementary School: Lincoln

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 81 x 65
  • Estimated Lot Sq Ft: 5266
  • Estimated Lot Size Acres: 0.1209
  • Expiration Of Permit: 12/31/2020

Rental Info

  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water, Deposit Value

Tax Info

  • Total Assessed Value: 70800
  • Annual Property Tax: 998

Multi Family

  • Gross Monthly Rent: 955
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

MLS Schools

  • High School: La Porte
  • Middle School: Boston
  • School District: Laporte Community School Corp.

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
10
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%
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 Type Sale Price Title Company
Deed -- Fidelity National Title
Warranty Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,250 New Conventional
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: Indiana Regional MLS

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: Indiana Regional MLS

MLS Number: 202011438

Indiana Regional MLS

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