NOT LISTED FOR SALE

4853 Baring Ave East Chicago, IN 46312

Southside Neighborhood

Estimated Value: $133,000 - $184,774

5 Beds
2 Baths
2,464 Sq Ft
$68/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $76,000 $31 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,092/month

16 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Facilities
  • 4-minute walk to Kosciuzko Park

About This Home

As of November 2018

Great investment opportunity on this totally updated 2 unit building. Interior of both units have been professionally updated with new floors, doors, light fixtures, remodeled kitchens and baths. Main floor unit has 3 bedrooms, full bath, large kitchen & living room. Upstairs has large living room, eat-in kitchen, 2 bedrooms & full bath, new stairs off back. Double egress on both units, separate furnaces & separate electric for each. Currently unoccupied. Shows extremely well. Property also has a detached garage with opener, full basement with washer & dryer. Main floor has central A/C, upper unit does not. Make your appointment today!!

Last Agent to Sell the Property

Tom Boyle

McColly Real Estate License #RB14030231 Listed on: 10/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1949

Lot Details

  • 5,320 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • 2,464 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 450329383022000024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,115

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Common Laundry
  • Co List Office Mls Id: GNR486
  • Subdivision Name: None
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.1221

Garage/Parking

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

Lot Info

  • Lot Size Sq Ft: 5320
  • Parcel #: 450329383022000024

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Eric Meyer
Bought by
Palmerin Jose
Current Estimated Value
$167,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Outstanding Balance
$131,323
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$53,019

Purchase Details

Closed on
Mar 30, 2022
Sold by
Eric Meyer
Bought by
Palmerin Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Outstanding Balance
$131,323
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$53,019

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 16, 2018
Sold by
Vellutini Robert A and Vellutini Bernadette
Bought by
Meyer Eric
Seller's Agent
Tom Boyle
McColly Real Estate
List Price
$76,000
Sold Price
$76,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$57,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2018
Sold by
Vellutini Bernadette
Bought by
Vellutini Robert A and Vellutini Bernadette

Purchase Details

Closed on
Jan 11, 2016
Sold by
Smith Helen A
Bought by
Smith Helen A and Vellutini Bernadette
Source: Public Records

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
Palmerin Jose -- Granquist Daniel W
Palmerin Jose -- Granquist Daniel W
Meyer Eric -- Meridian Title
Vellutini Robert A -- None Available
Smith Helen A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmerin Jose $137,700
Closed Palmerin Jose $137,700
Previous Owner Meyer Eric $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $76,000 0.0% $31 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $76,000 -- $31 / 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 $5,913 $135,600 $16,100 $119,500
2023 $2,352 $123,900 $16,100 $107,800
2022 $2,352 $117,600 $16,600 $101,000
2021 $1,902 $95,100 $8,200 $86,900
2020 $1,880 $94,000 $8,200 $85,800
2019 $1,812 $81,000 $8,200 $72,800
2018 $1,102 $61,700 $8,200 $53,500
2017 $1,115 $62,400 $8,200 $54,200
2016 $1,136 $61,200 $8,200 $53,000
2014 $998 $58,500 $8,200 $50,300
2013 $1,128 $65,800 $8,200 $57,600
Source: Public Records

Agents Affiliated with this Home

  • Tom Boyle

    Seller's Agent in 2018

    Tom Boyle

    McColly Real Estate

    (219) 730-6398

    168 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR443718

Northwest Indiana Association of REALTORS®

APN: 45-03-29-383-022.000-024

Indiana Lake County East Chicago 46312 Southside

4853 Baring Ave, East Chicago, IN

This home is located at 4853 Baring Ave, East Chicago, IN 46312 since 01 October 2018 and is currently estimated at $167,444, approximately $67 per square foot. This property was built in 1949. 4853 Baring 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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