NOT LISTED FOR SALE

4922 Homerlee Ave East Chicago, IN 46312

Southside Neighborhood

Estimated Value: $118,000 - $196,481

6 Beds
2 Baths
3,696 Sq Ft
$45/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $120,000 $32 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,059/month

53 Days on Market

Highlights

  • Balcony
  • Laundry Facilities
  • Community Deck or Porch

About This Home

As of January 2022

Looking for a 2-Unit - here you go!! Each unit is 3 bedrooms 1 bath - Over 3600 sqft and a basement. Don't Miss Out! Call today!!

Last Agent to Sell the Property

Mitchell Gass

Home Connection Realty, Inc. License #RB14013295 Listed on: 11/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1912

Lot Details

  • 3,075

Home Design

  • 3,696 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • 3,075 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 450332104025000024

Community Details

Overview

  • 2 Units
  • Bell & Hoffmans Add Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,222

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1912
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Balcony, Deck/Patio, Common Laundry
  • Co List Office Mls Id: GNR491
  • Subdivision Name: Bell & Hoffmans Add
  • 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: 6

Exterior Features

  • Acres: 0.0706

Garage/Parking

  • Parking Features: Other

Lot Info

  • Lot Size Sq Ft: 3075
  • Parcel #: 450332104025000024

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 1, 2022
Sold by
Pan Magic Llc
Bought by
Palmerin Jose Carlos
Seller's Agent
Mitchell Gass
Home Connection Realty, Inc.
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$167,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,370
Avg. Annual Appreciation
9.63%
Original Mortgage
$108,000
Outstanding Balance
$100,298
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$67,072

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 31, 2022
Sold by
Pan Magic Llc
Bought by
Palmerin Jose Carlos
Seller's Agent
Mitchell Gass
Home Connection Realty, Inc.
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$100,298
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$67,072

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 25, 2022
Sold by
Pan Magic Llc
Bought by
Palmerin Jose Carlos
Seller's Agent
Mitchell Gass
Home Connection Realty, Inc.
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$100,298
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$67,072

Purchase Details

Closed on
Aug 9, 2017
Sold by
Wish Kg Us Llc
Bought by
Pan Magic Llc

Purchase Details

Listed on
Apr 6, 2016
Closed on
Aug 5, 2016
Sold by
Nt Greig Llc
Bought by
Wish Kg Us Llc
Seller's Agent
Mitchell Gass
Home Connection Realty, Inc.
Buyer's Agent
Mitchell Gass
Home Connection Realty, Inc.
List Price
$38,000
Sold Price
$38,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.76%

Purchase Details

Closed on
Mar 1, 2012
Sold by
Phoenix Investment Holdings #2 Llc
Bought by
Nt Greigi Llc

Purchase Details

Closed on
Oct 13, 2011
Sold by
Klocek Mary Ann
Bought by
Phoenix Investment Holdings #1 Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Carlos -- Drake Andrew R
Palmerin Jose Carlos -- Drake Andrew R
Palmerin Jose Carlos -- None Listed On Document
Pan Magic Llc -- Meridian Title Corp
Wish Kg Us Llc -- Meridian Title Corp
Nt Greigi Llc -- Meridian Title Corp
Phoenix Investment Holdings #1 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmerin Jose Carlos $108,000
Closed Palmerin Jose Carlos $108,000
Closed Palmerin Jose Carlos $108,000
Previous Owner Nt Greig Llc $121,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $120,000 0.0% $32 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $120,000 +215.8% $32 / Sq Ft
08/24/2016 08/24/16 Sold $38,000 0.0% $10 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $38,000 -- $10 / 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 $5,846 $134,800 $10,400 $124,400
2023 $1,364 $122,500 $10,400 $112,100
2022 $1,364 $68,200 $10,300 $57,900
2021 $1,098 $54,900 $5,100 $49,800
2020 $1,030 $51,500 $5,100 $46,400
2019 $1,128 $46,800 $5,100 $41,700
2018 $1,148 $44,800 $5,100 $39,700
2017 $1,184 $45,400 $5,100 $40,300
2016 $1,197 $44,400 $5,100 $39,300
2014 $966 $37,800 $5,100 $32,700
2013 $1,087 $42,600 $5,100 $37,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mitchell Gass

    Home Connection Realty, Inc.

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR504042

Northwest Indiana Association of REALTORS®

APN: 45-03-32-104-025.000-024

Indiana Lake County East Chicago 46312 Southside

4922 Homerlee Ave, East Chicago, IN

This home is located at 4922 Homerlee Ave, East Chicago, IN 46312 since 09 November 2021 and is currently estimated at $167,370, approximately $45 per square foot. This property was built in 1912. 4922 Homerlee Ave is a home located in Lake County with nearby schools including East Chicago Central High School, Greater First Christian Aca, 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.

Nearby Homes