NOT LISTED FOR SALE

501 Water St Union Mills, IN 46382

Estimated Value: $165,515 - $226,000

3 Beds
1.5 Baths
1,342 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $138,000 $103 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,060/month

89 Days on Market

Highlights

  • Cape Cod Architecture
  • Covered Patio or Porch
  • Cooling Available
  • Main Floor Bedroom
  • Country Kitchen
  • Living Room

About This Home

As of June 2023

Update: Seller has just added A/C as of 3/8/23! Check out this home in downtown Union Mills only steps from The Mill Pond park! The current owner has installed a new furnace, saltless water softener/purifier, all new windows, new plumbing and about 90% new electrical all in 2019. New siding, soffit and rain diverters in 2020. Come make this one your own! Seller is in process of installing new roof, paint, kitchen counter tops, trim and more. Ask your agent for the detailed list of items.

Last Agent to Sell the Property

Jason Chatwell

The Chatwell Group Real Estate License #RB14045111 Listed on: 01/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 1890

Lot Details

  • 8,460 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,342 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement
  • Basement Cellar

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System

Community Details

  • Union Mills Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 461409352002000056

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,476

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1890
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1442
  • Subdivision Name: Union Mills
  • Architectural Style: Cape Cod
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 400
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Country Kitchen, Finished Laundry Rm, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement: Cellar
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 0.1942

Garage/Parking

  • Parking Features: Off Street, None

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 8460
  • Parcel #: 461409352002000056

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1476

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Jun 12, 2023
Sold by
Beschinski Eric K
Bought by
Burleson Lisa M
Seller's Agent
Jason Chatwell
The Chatwell Group Real Estate
List Price
$115,000
Sold Price
$138,000
Premium/Discount to List
$23,000
20%
Current Estimated Value
$192,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,129
Avg. Annual Appreciation
15.26%
Original Mortgage
$78,000
Outstanding Balance
$75,914
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$116,215

Purchase Details

Closed on
Dec 28, 2018
Sold by
Polick Joseph P
Bought by
Beschinski Eric K

Purchase Details

Closed on
Oct 7, 2015
Sold by
Polick Wallace
Bought by
Polick Joseph P
Source: Public Records

Range of Values:

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Average Value
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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
Burleson Lisa M $138,000 Chicago Title
Beschinski Eric K $9,000 None Available
Polick Joseph P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burleson Lisa M $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $138,000 +20.0% $103 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $115,000 -- $86 / 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 $503 $94,700 $9,900 $84,800
2022 $1,414 $70,700 $9,900 $60,800
2021 $1,316 $65,800 $9,900 $55,900
2020 $1,038 $65,800 $9,900 $55,900
2019 $1,066 $50,900 $9,900 $41,000
2018 $1,099 $55,500 $9,900 $45,600
2017 $1,150 $56,200 $9,900 $46,300
2016 $994 $54,200 $8,500 $45,700
2014 $983 $54,900 $8,500 $46,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR524860

Northwest Indiana Association of REALTORS®

APN: 46-14-09-352-002.000-056