NOT LISTED FOR SALE

4824 Olcott Ave East Chicago, IN 46312

Southside Neighborhood

Estimated Value: $101,926 - $200,000

5 Beds
3 Baths
2,204 Sq Ft
$64/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $42,500 $19 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,092/month

251 Days on Market

About This Home

As of June 2017

Fully rented 3 unit brick building, one 3-bedroom and two 1-bedroom . Full unfinished basement and 2 car garage.

Last Agent to Sell the Property

Estela Lopez

McColly Real Estate License #RB14046939 Listed on: 10/08/2016

McColly Real Estate

Last Buyer's Agent

Tim Petrites

McColly Real Estate License #RB14050479

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,866

Year Built

  • Built in 1905

Lot Details

  • 3,528 Sq Ft Lot
  • Lot Dimensions are 25x142

Parking

  • Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2,204 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 450329453029000024

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,100
  • New Taxes Expense $1,562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,866

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1905
  • Reso Property Sub Type: Triplex
  • Co List Office Mls Id: NRA254
  • Subdivision Name: None
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.081
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Parking Features: Detached

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Individual Units
  • Heating: Common, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other, Water

Schools

  • Junior High Dist: City of East Chicago

Lot Info

  • Lot Dimensions: 25x142
  • Lot Size Sq Ft: 3528
  • Parcel #: 450329453029000024

Rental Info

  • Lease Term: Month To Month
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 2100

Tax Info

  • New Taxes Expense: 1562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Negron Jason J
Bought by
Fti Holdings Llc
Current Estimated Value
$140,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$149,231
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$5,564

Purchase Details

Listed on
Oct 8, 2016
Closed on
Jun 1, 2017
Sold by
Contreras Miguel and Contreras Angela
Bought by
Negron Jason J
Seller's Agent
Estela Lopez
McColly Real Estate
Buyer's Agent
Tim Petrites
McColly Real Estate
List Price
$42,500
Sold Price
$42,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%
Original Mortgage
$31,875
Interest Rate
4.05%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Fti Holdings Llc -- Community Title Company
Negron Jason J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fti Holdings Llc $150,000
Previous Owner Negron Jason J $31,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2017 06/19/17 Sold $42,500 0.0% $19 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
10/08/2016 10/08/16 For Sale $42,500 -- $19 / 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 $3,866 $88,400 $11,800 $76,600
2023 $1,219 $81,000 $11,800 $69,200
2022 $1,106 $76,500 $11,000 $65,500
2021 $965 $61,600 $5,500 $56,100
2020 $895 $57,800 $5,500 $52,300
2019 $808 $52,500 $5,500 $47,000
2018 $1,365 $50,500 $5,500 $45,000
2017 $1,721 $65,600 $5,500 $60,100
2016 $1,738 $64,100 $5,500 $58,600
2014 $1,431 $56,000 $5,500 $50,500
2013 $1,615 $63,300 $5,500 $57,800
Source: Public Records

Agents Affiliated with this Home

  • Estela Lopez

    Seller's Agent in 2017

    Estela Lopez

    McColly Real Estate

    (219) 218-3333

    7 in this area

    182 Total Sales

    Section Image

  • T

    Buyer's Agent in 2017

    Tim Petrites

    McColly Real Estate

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 403121

Northwest Indiana Association of REALTORS®

APN: 45-03-29-453-029.000-024

Indiana Lake County East Chicago 46312 Southside

4824 Olcott Ave, East Chicago, IN

This home is located at 4824 Olcott Ave, East Chicago, IN 46312 since 08 October 2016 and is currently estimated at $140,732, approximately $63 per square foot. This property was built in 1905. 4824 Olcott Ave is a home located in Lake County with nearby schools including East Chicago Central High School, East Chicago Urban Enterprise Academy, and Greater First Christian Aca.

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.

Nearby Homes