NOT LISTED FOR SALE

508 Riga Place East Chicago, IN 46312

Northside Neighborhood

Estimated Value: $163,000 - $189,413

3 Beds
2 Baths
1,175 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $160,000 $136 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,116/month

3 Days on Market

Highlights

  • Recreation Room
  • 1.5 Car Detached Garage
  • Bathroom on Main Level
  • Ranch Style House
  • Living Room
  • 4-minute walk to Veterans Park

About This Home

As of August 2022

Options is what a person really wants, and this home definitely has options . It's affordable, it's move-in ready, it needs nothing, and has the option to be a turnkey rental. Home features 3 bedrooms, 2 bathrooms, one off the rear bedroom, new HVAC, and a double sided two car garage. The block is quiet, with low traffic. Schedule an appointment today. Home cannot take FHA financing until the 91st day of owner's hold time. Owner will consider FHA, two appraisals will not be required.

Last Agent to Sell the Property

Larita Thomas

@properties/Christie's Intl RE License #RB18000650 Listed on: 07/15/2022

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1927

Lot Details

  • 3,914 Sq Ft Lot
  • Lot Dimensions are 38x103
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,175 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • As Marked & Laid Down/Record Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450329257027000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,218

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR2041
  • Subdivision Name: As Marked & Laid Down/Record
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1175
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Refrigerator
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.0899

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 38x103
  • Lot Size Sq Ft: 3914
  • Parcel #: 450329257027000024

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1218

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Sep 1, 2022
Sold by
508 Riga Pi Land Trust
Bought by
Granda Daysi Higuera
Seller's Agent
Larita Thomas
@properties/Christie's Intl RE
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$176,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,353
Avg. Annual Appreciation
4.61%
Original Mortgage
$156,800
Outstanding Balance
$149,705
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$33,765

Purchase Details

Closed on
May 26, 2022
Sold by
Gomez Cecilio P
Bought by
508 Riga Pi Land Trust

Purchase Details

Closed on
May 20, 2022
Sold by
Gomez Cecilio P
Bought by
508 Riga Pi Land Trust

Purchase Details

Closed on
Jan 26, 2022
Sold by
Ramon Pelayo
Bought by
Gomez Cecilio P

Purchase Details

Closed on
Nov 15, 2007
Sold by
Gomez Cecilio P
Bought by
Gomez Cecilio P and Pelayo Ramon

Purchase Details

Closed on
Feb 16, 2005
Sold by
Gamez M Christine and Estate Of Frank A Divish
Bought by
Gomez Cecilio 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
Granda Daysi Higuera -- --
508 Riga Pi Land Trust -- Chicago Title
508 Riga Pi Land Trust -- Chicago Title
Gomez Cecilio P -- None Listed On Document
Gomez Cecilio P -- None Available
Gomez Cecilio P -- Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granda Daysi Higuera $156,800
Previous Owner Gomez Cecilio P $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $160,000 +6.7% $136 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $150,000 -- $128 / 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 $5,803 $131,300 $13,000 $118,300
2023 $770 $121,600 $13,000 $108,600
2022 $770 $77,000 $14,200 $62,800
2021 $1,218 $60,900 $7,000 $53,900
2020 $1,146 $57,300 $7,000 $50,300
2019 $1,142 $52,300 $7,000 $45,300
2018 $1,167 $50,200 $7,000 $43,200
2017 $1,204 $50,700 $7,000 $43,700
2016 $1,223 $49,800 $7,000 $42,800
2014 $1,160 $45,400 $7,000 $38,400
2013 $1,209 $47,400 $7,000 $40,400
Source: Public Records

Agents Affiliated with this Home

  • Larita Thomas

    Seller's Agent in 2022

    Larita Thomas

    @ Properties

    (219) 973-8481

    2 in this area

    214 Total Sales

    Larita Thomas
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR516335

Northwest Indiana Association of REALTORS®

APN: 45-03-29-257-027.000-024

Indiana Lake County East Chicago 46312 Northside

508 Riga Place, East Chicago, IN

This home is located at 508 Riga Place, East Chicago, IN 46312 since 15 July 2022 and is currently estimated at $176,353, approximately $150 per square foot. This property was built in 1927. 508 Riga Place is a home located in Lake County with nearby schools including East Chicago Central High School, East Chicago Urban Enterprise Academy, and Greater First Christian Aca.

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.

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