NOT LISTED FOR SALE

4901 Olcott Ave East Chicago, IN 46312

Southside Neighborhood

Estimated Value: $203,000 - $228,270

6 Beds
3 Baths
4,236 Sq Ft
$50/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $197,500 $47 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,361/month

3 Days on Market

Highlights

  • Balcony
  • Laundry Facilities
  • Community Storage Space
  • 4 Car Detached Garage
  • Community Deck or Porch

About This Home

As of May 2023

Calling all Investors, this is the opportunity you've been waiting for! Sitting pretty on a corner lot this multi-unit apartment building with 3 units, 3 bedrooms each and 1 bathroom in each unit is up for grabs. Be the talk of the town with this charming apartment building that's ready for a makeover! With solid wood doors, hardwood floors, balcony, unfinished attic, and fence-in yard, the possibilities for rehab are endless. Want to score big on this investment? The location is unbeatable - only a short 45-minute drive from Chicago, with low taxes and a 4-car garage. Put your sweat equity to work and turn this multi-unit apartment building into the diamond in the rough that it truly is. Don't miss out on this opportunity! 5. Prime real estate with a ton of potential - that's what this multi-unit apartment building is all about. HOME IS BEING SOLD AS IS. Seller is only accepting CASH OFFERS.

Last Agent to Sell the Property

Carol Dobrzynski

Realty Executives Premier License #RB14039585 Listed on: 04/28/2023

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 1926

Lot Details

  • 5,396

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Home Design

  • 4,236 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Balcony
  • 5,396 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 450332202001000024

Community Details

Amenities

  • Community Deck or Porch
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Fenced around community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,795

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Balcony, Fenced Yard, Common Laundry, Pets Allowed, Porch, Storage, Other
  • Co List Office Mls Id: GNR1830
  • Subdivision Name: NONE
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.1239

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached, Off Street

Lot Info

  • Lot Size Sq Ft: 5396
  • Parcel #: 450332202001000024

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 14, 2023
Sold by
Mosqueda Rudy
Bought by
Crown Properties And Rentals Llc
Seller's Agent
Carol Dobrzynski
Realty Executives Premier
List Price
$197,500
Sold Price
$197,500
Current Estimated Value
$211,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,568
Avg. Annual Appreciation
3.05%
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
Crown Properties And Rentals Llc $197,500 Greater Indiana Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crown Properties And Renals Ll $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $197,500 0.0% $47 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $197,500 -- $47 / 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 $7,054 $198,800 $16,300 $182,500
2023 $3,029 $147,800 $16,300 $131,500
2022 $2,795 $136,700 $16,800 $119,900
2021 $2,270 $111,000 $8,300 $102,700
2020 $2,129 $104,100 $8,300 $95,800
2019 $2,232 $94,900 $8,300 $86,600
2018 $2,266 $90,700 $8,300 $82,400
2017 $2,343 $92,000 $8,300 $83,700
2016 $2,369 $90,000 $8,300 $81,700
2014 $2,322 $89,100 $8,300 $80,800
2013 $2,627 $100,900 $8,300 $92,600
Source: Public Records

Agents Affiliated with this Home

  • Carol Dobrzynski

    Seller's Agent in 2023

    Carol Dobrzynski

    Realty Executives

    (219) 808-7846

    3 in this area

    675 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR529236

Northwest Indiana Association of REALTORS®

APN: 45-03-32-202-001.000-024

Indiana Lake County East Chicago 46312 Southside

4901 Olcott Ave, East Chicago, IN

This home is located at 4901 Olcott Ave, East Chicago, IN 46312 since 28 April 2023 and is currently estimated at $211,068, approximately $49 per square foot. This property was built in 1926. 4901 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.

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