NOT LISTED FOR SALE

4228 Olcott Ave East Chicago, IN 46312

Northside Neighborhood

Estimated Value: $96,000 - $122,907

2 Beds
1 Bath
882 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $87,500 $99 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $676/month

38 Days on Market

Highlights

  • Ranch Style House
  • Den
  • Country Kitchen
  • No HOA
  • 2 Car Detached Garage
  • Cooling Available

About This Home

As of November 2023

SELLER IS MOTIVATED!! This Ranch style home offers 2 bedrooms,1 bath and an Office. This is your chance to invest or customize your own home to satisfy your needs. The living room welcomes you to the Dining room and then walk into an eat in kitchen (Appliances stay). The Office is currently used as a bedroom. A full unfinished basement, Detached 2 car garage and FENCED IN YARD!Newer Furnace, and Newer Water Heater.Low taxes and close to the train station, perfect for easy commutes to Chicago!

Last Agent to Sell the Property

Jasmina Tinoko

New Chapter Real Estate Brokerage Phone: 219-484-0522 License #RB17000793 Listed on: 09/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $696

Year Built

  • Built in 1913

Lot Details

  • 3,550 Sq Ft Lot
  • Lot Dimensions are 25x142
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 882 Sq Ft Home
  • Den
  • Dryer
  • Basement

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Storage Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 450329205024000024

Community Details

Overview

  • No Home Owners Association
  • East Chicago Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$696

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1913
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1959
  • Co List Office Mls Id: GNR1959
  • Subdivision Name: East Chicago
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 882
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-484-0522
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator
  • Interior Amenities: Country Kitchen, Den/Office, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence, Storage Shed
  • Acres: 0.0815

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 25x142
  • Lot Size Sq Ft: 3550
  • Parcel #: 450329205024000024

Tax Info

  • Year: 2022
  • Tax Annual Amount: 696

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 24, 2023
Sold by
Nevarez Gloria Adame
Bought by
Marines Bernarda
Seller's Agent
Jasmina Tinoko
New Chapter Real Estate
List Price
$115,000
Sold Price
$87,500
Premium/Discount to List
-$27,500
-23.91%
Views
105
Current Estimated Value
$104,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,227
Avg. Annual Appreciation
5.05%
Original Mortgage
$84,875
Outstanding Balance
$83,845
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$11,482

Purchase Details

Closed on
May 6, 2014
Sold by
Alvarado Miguel and Alvarado Gloria
Bought by
Alvarado Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,072
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Adame Juan
Bought by
Alvardo Miguel and Alvarado Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
8.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 7, 2005
Sold by
Adame Juan
Bought by
Alvardo Miguel and Alvarado Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
8.05%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Marines Bernarda $87,500 Chicago Title
Alvarado Gloria -- Servicelink
Alvardo Miguel -- Commercial Land Title Insura
Alvardo Miguel -- Commercial Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marines Bernarda $84,875
Previous Owner Alvarado Gloria $52,072
Previous Owner Alvarado Miguel $64,000
Previous Owner Alvardo Miguel $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $87,500 -2.8% $99 / Sq Ft
10/16/2023 10/16/23 Price Changed $90,000 -9.9% $102 / Sq Ft
09/26/2023 09/26/23 Price Changed $99,900 -13.1% $113 / Sq Ft
09/21/2023 09/21/23 For Sale $115,000 -- $130 / 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 $3,651 $83,100 $11,800 $71,300
2023 $594 $76,500 $11,800 $64,700
2022 $594 $61,000 $11,000 $50,000
2021 $395 $48,300 $5,500 $42,800
2020 $327 $45,400 $5,500 $39,900
2019 $392 $41,400 $5,500 $35,900
2018 $383 $39,800 $5,500 $34,300
2017 $381 $40,400 $5,500 $34,900
2016 $388 $39,500 $5,500 $34,000
2014 $302 $33,100 $5,500 $27,600
2013 $307 $37,300 $5,500 $31,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jasmina Tinoko

    New Chapter Real Estate

    (219) 484-0522

    3 in this area

    53 Total Sales

    Jasmina Tinoko
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR539052

Northwest Indiana Association of REALTORS®

APN: 45-03-29-205-024.000-024

Indiana Lake County East Chicago 46312 Northside

4228 Olcott Ave, East Chicago, IN

This home is located at 4228 Olcott Ave, East Chicago, IN 46312 since 21 September 2023 and is currently estimated at $104,727, approximately $118 per square foot. This property was built in 1913. 4228 Olcott Ave is a home located in Lake County with nearby schools including East Chicago Central High School, East Chicago Urban Enterprise Academy, and St Stanislaus School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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