NOT LISTED FOR SALE

410 E Glen Park Ave Griffith, IN 46319

Estimated Value: $205,499 - $218,000

4 Beds
2 Baths
1,296 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $75,000 $58 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,634/month

27 Days on Market

About This Home

As of April 2014

Entire complex for under $80k! Both units rented for over $600 per month at the moment. Purchase and become an instant landlord. Cash two checks per month and watch the bank account grow. This all brick duplex is completely updated! Carpet, windows and paint are all recently updated along with some tasteful upgrades throughout. Building is problem free and the sellers want this gone. Your return on investment is calling and it wants you to schedule a showing ASAP!

Last Listed By

Bart Vickrey

Listing Leaders License #RB14033547 Listed on: 02/12/2014

Listing Leaders

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,310

Year Built

  • Built in 1960

Lot Details

  • 8,973 Sq Ft Lot
  • Lot Dimensions are 70 x 128

Home Design

  • Brick Foundation

Interior Spaces

  • 1,296 Sq Ft Home
  • Elevator

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Accessible Home Design

  • Accessibility Features

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $14,400
  • Rent includes trash collection
  • Assessor Parcel Number 450772637902300000

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • New Taxes Expense $2,595
  • Net Operating Income $11,423

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,310

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NRA1690
  • Subdivision Name: none
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Elevator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.206
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street, Other
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Central Air, Individual Units, Unit Control
  • Heating: Forced Air, Individual Unit, Natural Gas, Unit Control
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection

Lot Info

  • Lot Dimensions: 70 x 128
  • Lot Size Sq Ft: 8973
  • Parcel #: 450772637902300000
  • Zoning Description: Residential

Rental Info

  • Pets Allowed: Yes
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 14400

Tax Info

  • New Taxes Expense: 2595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2014
Closed on
Apr 16, 2014
Sold by
Garastik Chris and Garastik Margaret E
Bought by
Hedrick Ira S
Seller's Agent
Bart Vickrey
Listing Leaders
Buyer's Agent
Neal Frendling
Advanced Real Estate, LLC
List Price
$75,000
Sold Price
$75,000
Total Days on Market
27
Current Estimated Value
$212,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,833
Avg. Annual Appreciation
10.13%
Original Mortgage
$73,641
Outstanding Balance
$56,927
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$162,568

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
Hedrick Ira S -- Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrick Ira S $10,927
Open Hedrick Ira S $73,641
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2014 04/16/14 Sold $75,000 0.0% $58 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $75,000 -- $58 / 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 $5,310 $171,200 $41,600 $129,600
2023 $2,303 $162,100 $41,600 $120,500
2022 $2,056 $149,300 $41,600 $107,700
2021 $1,154 $104,600 $27,000 $77,600
2020 $1,138 $104,300 $27,000 $77,300
2019 $1,169 $101,400 $26,500 $74,900
2018 $1,192 $91,400 $25,500 $65,900
2017 $1,299 $93,400 $25,500 $67,900
2016 $1,097 $77,200 $24,300 $52,900
2014 $1,118 $74,200 $24,300 $49,900
2013 $2,275 $72,700 $24,300 $48,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 344049

Northwest Indiana Association of REALTORS®

APN: 45-07-26-379-023.000-006