NOT LISTED FOR SALE

408 N Indiana Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $192,000 - $304,000

6 Beds
3 Baths
1,747 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $160,000 $92 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,568/month

66 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Hot Water Heating System

About This Home

As of September 2023

Investor Alert. Large 5/6 bed 3 bath vacant 3 story with a living room, dining room and computer room. Gas Radiator heat.The tenant just moved out. Take advantage of low taxes and high rent. There are bedrooms and bathrooms on all 3 floors. You can have off street rear parking .24 Hour Notice to show.

Last Agent to Sell the Property

Michael Mackenzie

BHHS FOX and ROACH-Northfield Listed on: 05/23/2023

BHHS FOX and ROACH-Northfield

Last Buyer's Agent

Silvette Rivera

WEICHERT REALTORS ASBURY GROUP-AC

WEICHERT REALTORS ASBURY GROUP-AC

Home Details

Home Type

  • Single Family

Lot Details

  • 3,136

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 25 x 125

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 6
  • Full Bathrooms: 3
  • Basement: Partial, Unfinished

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Vinyl

Utilities

  • Heating: Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 25 x 125
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Traders Real Estate 408 Llc
Bought by
Ac Win J & J Llc
Current Estimated Value
$245,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,504,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2023
Closed on
Sep 14, 2023
Sold by
Nammour Georgette and Nammour Nimer
Bought by
Traders Real Estate 408 Llc
Seller's Agent
Michael Mackenzie
BHHS FOX and ROACH-Northfield
Buyer's Agent
Silvette Rivera
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$160,000
Sold Price
$160,000
Views
285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%
Original Mortgage
$135,000
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
M & T Bank
Bought by
Nammour Georgette and Nammour Nimer

Purchase Details

Closed on
Aug 18, 2009
Sold by
Da In Chang Karen
Bought by
M & T Bank

Purchase Details

Closed on
Dec 15, 2006
Sold by
Lin Yi Shu
Bought by
Da In Chang Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2005
Sold by
Cheang Tou Heng
Bought by
Lin Yi Shu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2005
Sold by
Gill Yancy Jan
Bought by
Cheang Tou Heng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2003
Sold by
Brisco F Merlyn
Bought by
Gill Yancy Jan

Purchase Details

Closed on
Apr 8, 1998
Sold by
Brisco H Frances and Brisco Merlyn F
Bought by
Gill Yancy Jan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ac Win J & J Llc $280,000 Stewart Title Guaranty Company
Traders Real Estate 408 Llc $150,000 Trident Land Transfer
Nammour Georgette $67,000 Fidelity Natl Title Ins Co
M & T Bank -- None Available
Da In Chang Karen $303,850 --
Lin Yi Shu $245,000 Commonwealth Title
Cheang Tou Heng $155,000 Commonwealth Title
Gill Yancy Jan -- --
Gill Yancy Jan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ac Win J & J Llc $1,504,000
Previous Owner Traders Real Estate 408 Llc $135,000
Previous Owner Da In Chang Karen $243,000
Previous Owner Lin Yi Shu $227,950
Previous Owner Cheang Tou Heng $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $160,000 0.0% $92 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $160,000 -- $92 / Sq Ft
Source: South Jersey Shore 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
2025 $3,317 $96,100 $27,500 $68,600
2024 $3,317 $96,100 $27,500 $68,600
2023 $3,630 $96,100 $27,500 $68,600
2022 $3,630 $96,100 $27,500 $68,600
2021 $3,749 $96,100 $27,500 $68,600
2020 $3,781 $96,100 $27,500 $68,600
2019 $3,586 $90,000 $35,000 $55,000
2018 $3,180 $90,000 $35,000 $55,000
2017 $3,079 $90,000 $35,000 $55,000
2016 $4,053 $105,000 $50,000 $55,000
2015 $3,593 $105,000 $50,000 $55,000
2014 $3,850 $115,000 $60,000 $55,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Mackenzie

    BHHS Fox & Roach

    (609) 576-6711

    14 in this area

    38 Total Sales

    Michael Mackenzie
    Section Image
  • Silvette Rivera

    Buyer's Agent in 2023

    Silvette Rivera

    Weichert Corporate

    (856) 238-2082

    12 in this area

    80 Total Sales

    Silvette Rivera
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 574366

South Jersey Shore Regional MLS

APN: 02-00468-0000-00006

New Jersey Atlantic County Atlantic City 08401 Monroe Park

408 N Indiana Ave, Atlantic City, NJ

Not Listed for Sale

Detached

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