$299,000

Estimated payment $1,971/month

Total Views 10,636
4 Beds
3 Baths
3,888 Sq Ft
$77 Price per Sq Ft

Highlights

  • No HOA
  • Views
  • Hot Water Heating System
  • 2 Car Detached Garage
  • Outdoor Storage

About This Home

Solid Brick 3-Unit Investment Property - East Chicago, INDon't miss this excellent opportunity to own a fully brick three-unit building with strong rental potential! The property features spacious units, a detached 2-car garage, and a clean, low-maintenance exterior--perfect for investors or owner-occupants.Current rents:Unit 1: 900/monthUnit 2: 700/monthUnit 3: Vacant - ready for your next tenant or owner useOwner pays: water, sewer, trash, lawn care, and snow removal, making this an attractive option for tenants. Agent will provide ledgers and leases upon accepted offer.Located in a quiet residential area near major roadways, schools, and local shopping, this property offers cash flow and future upside. A great addition to any real estate portfolio!

Listing Agent

Binika Henderson

Heritage Real Estate Services, License #RB14040519 Listed on: 06/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1942

Parking

  • 2 Car Detached Garage

Home Design

  • 3,888 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Washer and Gas Dryer Hookup
  • Outdoor Storage
  • 4,305 Sq Ft Lot
  • Property Views

Listing and Financial Details

  • The owner pays for common area maintenance, water, taxes, snow removal, roof maintenance, HVAC maintenance, exterior maintenance
  • Assessor Parcel Number 450328226025000024

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Park Add Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,532

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1942
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Back Yard, Front Yard
  • ResoPoolFeatures: None
  • Reso View: Other
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: NRA1359
  • Subdivision Name: Park Add
  • Above Grade Finished Sq Ft: 3888
  • Garage Yn: Yes
  • Unit Levels: Other
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Interior Amenities: None
  • Flooring: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.0988
  • Waterfront: No
  • Patio And Porch Features: Other
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4305
  • Parcel #: 450328226025000024

Rental Info

  • Pets Allowed: No
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Common Area Maintenance, Water, Taxes, Snow Removal, Roof Maintenance, HVAC Maintenance, Exterior Maintenance

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4532

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,815 $220,000 $16,900 $203,100
2023 $3,726 $226,600 $16,900 $209,700
2022 $3,726 $186,300 $19,100 $167,200
2021 $1,795 $119,900 $12,800 $107,100
2020 $873 $65,200 $12,800 $52,400
2019 $1,107 $60,500 $12,800 $47,700
2018 $1,312 $69,900 $12,800 $57,100
2017 $1,156 $66,600 $12,800 $53,800
2016 $1,707 $75,700 $12,800 $62,900
2014 $2,011 $78,700 $12,800 $65,900
2013 $2,007 $78,700 $12,800 $65,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $299,000 -- $77 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,900 Northwest Indiana Title
Warranty Deed -- Northwest Indiana Title
Quit Claim Deed -- Northwest Indiana Title
Quit Claim Deed -- None Available
Quit Claim Deed -- Northwest Indiana Title
Quit Claim Deed -- None Available
Contract Of Sale $20,000 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,200 None Available
Warranty Deed -- The Talon Group
Warranty Deed -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,425 New Conventional
Previous Owner $137,108 FHA
Previous Owner $111,920 Balloon
Previous Owner $27,980 Stand Alone Second
Previous Owner $15,750 Stand Alone Second
Previous Owner $84,000 Fannie Mae Freddie Mac
Closed $0 Seller Take Back
Source: Public Records

Source: Northwest Indiana Association of REALTORS®

MLS Number: 822565

Northwest Indiana Association of REALTORS®

APN: 45-03-28-226-025.000-024