NOT LISTED FOR SALE

4857 Wegg Ave Unit FRONT East Chicago, IN 46312

Southside Neighborhood

Estimated Value: $290,000 - $421,904

11 Beds
4 Baths
4,849 Sq Ft
$72/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $380,000 $78 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,359/month

15 Days on Market

About This Home

As of October 2023

Awesome opportunity for a 4 unit completely rehabbed in a beautiful neighborhood! ALL NEW inside with new electric, plumbing, seperate forced air units in each apartment. Updated windows, newer roof!

Last Agent to Sell the Property

Angela Manning

Integrity Realty Partners License #RB17000786 Listed on: 09/14/2023

Last Buyer's Agent

Angela Manning

Integrity Realty Partners License #RB17000786 Listed on: 09/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 1902

Lot Details

  • 3,780 Sq Ft Lot
  • Lot Dimensions are 25 x 140

Interior Spaces

  • 4,849 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Gas Range
  • Basement

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 450329357028000024

Community Details

Overview

  • 4 Units
  • Southwest Quarter Subdivision

Building Details

  • New Taxes Expense $2,502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,494

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1902
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Rectangular Lot
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1935
  • Subdivision Name: Southwest Quarter
  • Above Grade Finished Sq Ft: 4849
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Range
  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Carpet, Slate, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 11
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard, Rain Gutters
  • Acres: 0.0868
  • Waterfront: No

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 25 x 140
  • Lot Size Sq Ft: 3780
  • Parcel #: 450329357028000024

Rental Info

  • Pets Allowed: Call
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water

Tax Info

  • Year: 2023
  • New Taxes Expense: 2502
  • Tax Annual Amount: 2494

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 18, 2023
Sold by
Omarco Llc
Bought by
Hamayel Duhah and Buirat Osayd
Seller's Agent
Angela Manning
Integrity Realty Partners
Buyer's Agent
Angela Manning
Integrity Realty Partners
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Views
1
Current Estimated Value
$351,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,699
Avg. Annual Appreciation
-17.91%
Original Mortgage
$285,000
Outstanding Balance
$275,452
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
-$16,825
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
Hamayel Duhah $380,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamayel Duhah $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $380,000 -10.6% $78 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $425,000 -- $88 / 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 $5,951 $361,000 $5,500 $355,500
2023 $2,502 $124,700 $5,500 $119,200
2022 $2,502 $125,100 $5,500 $119,600
2021 $2,332 $116,600 $5,500 $111,100
2020 $2,236 $111,800 $5,500 $106,300
2019 $2,678 $119,500 $5,500 $114,000
2018 $2,852 $120,400 $5,500 $114,900
2017 $2,861 $118,000 $5,500 $112,500
2016 $2,846 $113,400 $5,500 $107,900
2014 $2,612 $102,900 $5,500 $97,400
2013 $2,570 $101,400 $5,500 $95,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 538642

Northwest Indiana Association of REALTORS®

APN: 45-03-29-357-028.000-024