$250,000
SOLD AUG 6, 2025

4854 Wegg Ave East Chicago, IN 46312

Southside Neighborhood
-- Bed
-- Bath
1,701 Sq Ft
3,500 Sq Ft Lot

Recently Sold

$147 Per Sq Ft

9 Days on Market

About This Home

As of August 2025

Incredible multi-unit investment opportunity in East Chicago! This unique property features three separate living spaces, offering both strong rental potential and versatile living options. The main house includes a spacious 3-bedroom, 1-bathroom unit on the main level, with a 2-bedroom, 1-bathroom basement unit - perfect for additional income or extended family living. In the rear of the property, you'll find a well-maintained coach house featuring 3 bedrooms and 2 bathrooms, ideal for a larger tenant or owner-occupant. With multiple income streams, generous living space, and a convenient location near major highways and local amenities, this property is a smart addition to any portfolio or a great opportunity for house hacking!

Last Agent to Sell the Property

Kyle R. Bowen

McColly Real Estate License #RB17000753 Listed on: 06/09/2025

McColly Real Estate

Co-Listed By

Jackson Tyson

McColly Real Estate License #RB24001416

Last Buyer's Agent

Joseph Pokraka

Century 21 Circle License #RB18000213

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 1928

Home Design

  • 1,701 Sq Ft Home

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Gas Range
  • 3,500 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for trash collection, water
  • Assessor Parcel Number 450329356054000024

Community Details

Overview

  • 3 Units
  • Chicago Ave Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,990

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Other
  • Co List Office Mls Id: NRA254
  • Co List Office Phone: (219) 322-5508
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Chicago Ave
  • Above Grade Finished Sq Ft: 1701
  • Garage Yn: No
  • Unit Levels: Other
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Range, Refrigerator, Gas Water Heater
  • Interior Amenities: None
  • Basement: Finished
  • Basement YN: Yes

Exterior Features

  • Exterior Features: None
  • Acres: 0.0803
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3500
  • Parcel #: 450329356054000024

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: All Utilities
  • Owner Pays: Trash Collection, Water

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2990

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2025
Closed on
Aug 6, 2025
Sold by
Pollard Family Revocable Living Trust and Pollard Wayne
Bought by
Guzman Leticia
Seller's Agent
Kyle R. Bowen
McColly Real Estate
Buyer's Agent
Joseph Pokraka
Century 21 Circle
List Price
$250,000
Sold Price
$250,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.43%
Original Mortgage
$245,471
Outstanding Balance
$245,471
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$905

Purchase Details

Closed on
Jun 8, 2023
Sold by
Pollard Wayne and Pollard Anita
Bought by
Pollard Family Revocable Living Trust

Purchase Details

Closed on
Oct 27, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Pollard Wayne and Pollard Anita

Purchase Details

Closed on
May 2, 2008
Sold by
Watkins Tracey
Bought by
Hsbc Bank Usa Na and Registered Holders Of Nomura Home Equity

Purchase Details

Closed on
Jun 17, 2005
Sold by
Hud
Bought by
Watkins Tracey

Purchase Details

Closed on
Dec 7, 2004
Sold by
Hsbc Bank Usa Na
Bought by
Hud
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 Type Sale Price Title Company
Deed -- Community Title
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $31,000 Resource Title Agency
Sheriffs Deed $53,010 None Available
Special Warranty Deed -- Contract Processing & Title
Limited Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,471 FHA
Previous Owner $80,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Sold $250,000 0.0% $147 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $250,000 -- $147 / 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 $6,443 $149,500 $11,800 $137,700
2023 $2,700 $135,000 $11,800 $123,200
2022 $2,424 $121,200 $10,900 $110,300
2021 $2,008 $100,400 $5,400 $95,000
2020 $1,880 $94,000 $5,400 $88,600
2019 $1,988 $85,000 $5,400 $79,600
2018 $2,176 $81,100 $5,400 $75,700
2017 $2,082 $82,100 $5,400 $76,700
2016 $2,105 $80,300 $5,400 $74,900
2014 $1,855 $72,600 $5,400 $67,200
2013 $2,102 $82,400 $5,400 $77,000
Source: Public Records

Agents Affiliated with this Home

  • Kyle R. Bowen

    Seller's Agent in 2025

    Kyle R. Bowen

    McColly Real Estate

    (219) 902-7427

    1 in this area

    304 Total Sales

    Kyle R. Bowen
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jackson Tyson

    McColly Real Estate

    (219) 281-9198

    1 in this area

    18 Total Sales

    Jackson Tyson
    Section Image
  • Joseph Pokraka

    Buyer's Agent in 2025

    Joseph Pokraka

    Century 21 Circle

    (219) 798-8720

    1 in this area

    75 Total Sales

    Joseph Pokraka
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 822206

Northwest Indiana Association of REALTORS®

APN: 45-03-29-356-054.000-024

Indiana Lake County East Chicago 46312 Southside

4854 Wegg Ave, East Chicago, IN

This home is located at 4854 Wegg Ave, East Chicago, IN 46312 and is currently priced at $250,000, approximately $146 per square foot. This property was built in 1928. 4854 Wegg Ave is a home located in Lake County with nearby schools including East Chicago Central High School, St Stanislaus School, 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.

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