$268,450
SOLD MAR 19, 2025

491 W Washington St Rensselaer, IN 47978

4 Beds
2.5 Baths
3,476 Sq Ft
0.42 Acres

Recently Sold

$77 Per Sq Ft

3% Above List Price

37 Days on Market

Highlights

  • 0.42 Acre Lot
  • Wood Flooring
  • No HOA
  • Van Rensselaer Elementary School Rated 9+
  • 2 Fireplaces
  • 5-minute walk to Jasper Newton Foundation Park

About This Home

As of March 2025

What an amazing estate awaits you here. A crazy 1/2 acre in town lot with a monster 3+ Finished garage in a Norman Rockwell like setting on the corner of Washington and College avenue. Truly a must-see as pictures don't do justice for the amount of space here. Partially finished basement with kitchenette, a 2nd laundry on the upper level. Possible 4-5 bedrooms and looks like the home went through a total renovation when it's sold in 2020. REO property now so be sure to ask an agent about requirements to submission of offers and any wanted inspections. Priced aggressively for a quick sale but rest assured being sold AS IS for this price and seller will do or make no repairs or credits for any needed post home inspection or for financing/appraisal. Utilities are on and no alterations of the home will be allowed to be made prior to closing. Ask an agent for details on the REO process. Once an Indiana board contract with POF and/or Approval are reviewed and terms are conditionally accepted online by the sellers asset manager a full REO addendum will be sent for client signatures before a complete contract is deemed accepted. Instructions are online with a link to offer site and terms

Last Agent to Sell the Property

John Schupp

SCHUPP Real Estate License #RB14033846 Listed on: 11/20/2024

Last Buyer's Agent

Susan Stevens

McColly Real Estate License #RB14032465

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1910

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 125x150
  • Back Yard Fenced
  • Landscaped

Parking

  • 3.5 Car Garage
  • Off-Street Parking

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Basement
  • Laundry in Basement
  • Laundry on upper level

Kitchen

  • Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Outdoor Storage
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • South Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 370730001011032027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,762

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1910
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Basement, Upper Level
  • ResoLotFeatures: Landscaped
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA1120
  • Subdivision Name: South Add
  • Above Grade Finished Sq Ft: 2876
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Range, Range Hood, Oven, Microwave, Disposal, Dishwasher
  • Interior Amenities: Breakfast Bar, Eat-in Kitchen
  • Basement: Partially Finished
  • Flooring: Ceramic Tile, Vinyl, Varies, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 600
  • Fireplace Features: Other, Wood Burning
  • Fireplaces: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other, Storage
  • Fencing: Back Yard
  • Acres: 0.42
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3.5
  • Parking Features: Driveway, Off Street, Heated Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 125x150
  • Lot Size Sq Ft: 18295
  • Parcel #: 370730001011032027

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Feb 12, 2025
Sold by
American Financial Network Inc
Bought by
Rivera Eliazar and Benitez Marbella
Seller's Agent
John Schupp
SCHUPP Real Estate
Buyer's Agent
Susan Stevens
McColly Real Estate
List Price
$260,000
Sold Price
$268,450
Premium/Discount to List
$8,450
3.25%
Views
111
Current Estimated Value
$281,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,597
Avg. Annual Appreciation
6.31%
Original Mortgage
$263,587
Outstanding Balance
$262,015
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$19,032

Purchase Details

Closed on
Oct 23, 2024
Sold by
Jasper County
Bought by
American Financial Network Inc

Purchase Details

Listed on
Mar 2, 2020
Closed on
Apr 27, 2020
Sold by
Boget Adam J and Boget Jennifer A
Bought by
Carter Jacob R
Seller's Agent
Mary Ann Critser
Cornerstone Real Estate Agency
Buyer's Agent
Mary Brown
Cornerstone Real Estate Agency
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$252,525
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2019
Closed on
Jul 25, 2019
Sold by
Secreatary Of Housing & Development
Bought by
Boget Adam J and Boget Jennifer A
Seller's Agent
Kathy Stucker
Stucker Rlty Inc
Buyer's Agent
Terri Phegley
Cornerstone Real Estate Agency
List Price
$118,000
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
175.82%
Original Mortgage
$97,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2019
Sold by
Carrington Mortgage Services Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 13, 2019
Sold by
Klockow Nancy Jane and Syfried Klockow Nancy J
Bought by
Carrington Mortgage Services Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Special Warranty Deed -- Statewide Title
Sheriffs Deed $227,200 None Listed On Document
Warranty Deed $250,000 Land Title Agency, Inc
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $263,587 FHA
Previous Owner $252,525 New Conventional
Previous Owner $97,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2025 03/19/25 Sold $268,450 +3.3% $77 / Sq Ft
01/16/2025 01/16/25 For Sale $260,000 0.0% $75 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $260,000 +4.0% $75 / Sq Ft
04/27/2020 04/27/20 Sold $250,000 0.0% $72 / Sq Ft View Prior Sale
03/16/2020 03/16/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $250,000 +111.9% $72 / Sq Ft
07/31/2019 07/31/19 Sold $118,000 0.0% $41 / Sq Ft View Prior Sale
06/10/2019 06/10/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $118,000 -- $41 / 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 $1,882 $296,000 $33,800 $262,200
2023 $1,762 $288,500 $33,800 $254,700
2022 $1,738 $258,000 $29,300 $228,700
2021 $1,783 $246,200 $29,300 $216,900
2020 $1,125 $176,400 $29,300 $147,100
2019 $2,259 $175,200 $28,100 $147,100
2018 $1,024 $174,100 $28,100 $146,000
2017 $921 $167,400 $28,100 $139,300
2016 $866 $166,600 $28,100 $138,500
2014 $858 $164,200 $28,100 $136,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 813188

Northwest Indiana Association of REALTORS®

APN: 37-07-30-001-011.032-027