NOT LISTED FOR SALE

503 Wabash Ave Chesterton, IN 46304

Estimated Value: $384,000 - $438,410

7 Beds
4 Baths
3,848 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $345,000 $90 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,975/month

18 Days on Market

About This Home

As of November 2019

Fantastic 3-Unit Investment Opportunity!Main level owner's suite has been beautifully updated and provides 3 bedrooms, 2 full baths and almost 2000 square feet of living space. The spacious open concept design with gorgeous chef's kitchen is a show stopper! Fenced in yard featuring astro-turf and cozy pergola covered patio offers privacy along with the perfect space for outdoor entertaining. The 2nd level offers 2 additional units- each providing 2 bedrooms, full baths, vaulted ceilings and nearly 1000 square feet of living space. This is a prime Chesterton location within walking distance to European Market, quaint shops, and wonderful dining. Also conveniently located near Indiana Dunes National Park and South Shore train station. Whether you rent all 3 units or make one your new home, you can't go wrong!

Last Agent to Sell the Property

Darlene Knoblock

Realty Executives Premier License #RB14047536 Listed on: 09/21/2019

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot

Parking

  • 2 Car Detached Garage
  • 10 Open Parking Spaces
  • Driveway

Home Design

  • 3,848 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 3 Units
  • Outlet Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640336403002000023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,577

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1998
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Fenced Yard, Laundry, Storage
  • Co List Office Mls Id: GNR372
  • Co List Office Mls Id: GNR372
  • Subdivision Name: Outlet Add
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7

Exterior Features

  • Acres: 0.25

Garage/Parking

  • Garage Spaces: 2
  • Open Parking Spaces: 10
  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 10890
  • Parcel #: 640336403002000023

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2019
Closed on
Nov 8, 2019
Sold by
Reese Donald
Bought by
Narisetty Amar and Thota Sharmilee
Seller's Agent
Darlene Knoblock
Realty Executives Premier
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$417,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,603
Avg. Annual Appreciation
4.44%
Original Mortgage
$258,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2012
Closed on
Nov 19, 2012
Sold by
Visvardis Peter and Visvardis Laverne
Bought by
Reese Donald
Seller's Agent
Sheryl Barnard
McColly Real Estate
Buyer's Agent
Shawn Spaw
Stray Dog Properties, LLC
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$210,622
Interest Rate
3.25%
Mortgage Type
FHA
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
Narisetty Amar -- None Available
Reese Donald -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narisetty Amar $258,750
Closed Narisetty Amar $258,750
Previous Owner Reese Donald $210,622
Previous Owner Visvardis Peter $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $345,000 0.0% $90 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/21/2019 09/21/19 For Sale $345,000 +40.8% $90 / Sq Ft
11/19/2012 11/19/12 Sold $245,000 0.0% $64 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $245,000 -- $64 / 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 $8,022 $384,800 $42,100 $342,700
2023 $7,283 $358,700 $37,600 $321,100
2022 $7,223 $327,100 $37,600 $289,500
2021 $6,405 $287,900 $37,600 $250,300
2020 $6,352 $285,500 $35,900 $249,600
2019 $4,674 $285,900 $35,900 $250,000
2018 $4,577 $281,800 $35,900 $245,900
2017 $4,330 $273,700 $35,900 $237,800
2016 $4,474 $285,000 $38,300 $246,700
2014 $4,380 $272,400 $35,900 $236,500
2013 -- $259,400 $36,400 $223,000
Source: Public Records

Agents Affiliated with this Home

  • Darlene Knoblock

    Seller's Agent in 2019

    Darlene Knoblock

    Realty Executives

    (219) 707-6513

    2 in this area

    66 Total Sales

    Darlene Knoblock
    Section Image

  • S

    Seller's Agent in 2012

    Sheryl Barnard

    McColly Real Estate

    (219) 395-0448

    1 in this area

    48 Total Sales

    Sheryl Barnard
    Section Image
  • Shawn Spaw

    Buyer's Agent in 2012

    Shawn Spaw

    Stray Dog Properties, LLC

    (219) 617-7802

    30 in this area

    349 Total Sales

    Shawn Spaw
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR463153

Northwest Indiana Association of REALTORS®

APN: 64-03-36-403-002.000-023

Indiana Porter County Chesterton 46304

503 Wabash Ave, Chesterton, IN

This home is located at 503 Wabash Ave, Chesterton, IN 46304 since 21 September 2019 and is currently estimated at $417,603, approximately $108 per square foot. This property was built in 1998. 503 Wabash Ave is a home located in Porter County with nearby schools including Westchester Intermediate School, Brummitt Elementary School, and Chesterton Middle School.

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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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