503 Wabash Ave Chesterton, IN 46304
7
Beds
4
Baths
3,848
Sq Ft
0.25
Acres
About This Home
As of November 2019Fantastic 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
Realty Executives Premier License #RB14047536 Listed on: 09/21/2019
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
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
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
Similar Home in Chesterton, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Community Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $258,750 | New Conventional | |
| Closed | $258,750 | New Conventional | |
| Previous Owner | $210,622 | FHA | |
| Previous Owner | $179,000 | Unknown |
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
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
-
Sheryl Barnard
S
Seller's Agent in 2012
Sheryl Barnard
McColly Real Estate
(219) 395-0448
1 in this area
48 Total Sales
-
Shawn Spaw
Buyer's Agent in 2012
Shawn Spaw
Stray Dog Properties, LLC
(219) 617-7802
30 in this area
347 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR463153
APN: 64-03-36-403-002.000-023
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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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