NOT LISTED FOR SALE

508 S Washington St La Crosse, IN 46348

Estimated Value: $160,436 - $220,000

4 Beds
2 Baths
1,904 Sq Ft
$96/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $100,000 $53 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,107/month

107 Days on Market

Highlights

  • Deck
  • Patio
  • Tile Flooring
  • Balcony

About This Home

As of November 2018

Own one unit and let the other gather some income for you! This 2 story duplex is situated on a large lot with plenty of parking space. Check out the BRAND new two tiered decks. Main level unit has it's own private deck with barbecue and plenty of table and seating space. The upper level deck also has plenty of space for entertaining for the owner upstairs as well as a wonderful view of the neighborhood!. Owner has updated the siding, decks and H20 heater in recent years. Each level features 2 bedrooms, spacious kitchen, large living room and ample closet space. There is a common area for laundry as well as a private enclosed front porch. Rents below are $550.00 month(could go higher). Each unit pays their own Nipsco bill. Why not come and check this affordable duplex money maker out? Live in one and let the other pay most of your mortgage!

Last Listed By

Debra Rasala-Finnegan

Realty Executives Premier License #RB14045646 Listed on: 06/04/2018

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1916

Lot Details

  • 7,400 Sq Ft Lot
  • Lot Dimensions are 50 x 148

Interior Spaces

  • 1,904 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Listing and Financial Details

  • Total Actual Rent $13,200
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 462017279016000012

Community Details

Overview

  • 2 Units
  • La Crosse Land Companys/La Cr Subdivision

Building Details

  • Insurance Expense $890
  • Water Sewer Expense $630
  • New Taxes Expense $1,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,172

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1916
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NRA1103
  • Co List Office Mls Id: NRA1103
  • Subdivision Name: La Crosse Land Companys/La Cr
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Partial, Sump Pump
  • Flooring: Carpet, Linoleum, Luxury Vinyl, Tile
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Acres: 0.1699
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Tri-Township

Lot Info

  • Lot Dimensions: 50 x 148
  • Lot Size Sq Ft: 7400
  • Parcel #: 462017279016000012

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 890
  • Total Actual Rent: 13200

Tax Info

  • New Taxes Expense: 1304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Popova Marika
Bought by
Roberts Magdelena
Total Days on Market
107
Current Estimated Value
$181,859

Purchase Details

Listed on
Jun 4, 2018
Closed on
Nov 5, 2018
Sold by
Lewis Debra
Bought by
Popova Marika
Seller's Agent
Debra Rasala-Finnegan
Realty Executives Premier
Buyer's Agent
Debra Ensweiler
Listing Leaders
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$98,188
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2009
Sold by
R & D Management Llc
Bought by
Lewis Debra

Purchase Details

Closed on
Sep 21, 2006
Sold by
Lewis Debra
Bought by
R & D Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2006
Sold by
French Terry Lee and French Maxine
Bought by
Lewis Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.78%
Mortgage Type
Unknown

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
Roberts Magdelena -- None Available
Popova Marika -- Northwest Indiana Title
Lewis Debra -- None Available
R & D Management Llc -- Chicago Title Insurance Co
Lewis Debra -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Popova Marika $98,188
Previous Owner Lewis Debra $5,400
Previous Owner Lewis Debra $71,000
Previous Owner Lewis Debra $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2018 11/05/18 Sold $100,000 0.0% $53 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $100,000 -- $53 / 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 $1,172 $109,300 $9,500 $99,800
2022 $1,126 $112,600 $9,500 $103,100
2021 $1,041 $104,100 $9,500 $94,600
2020 $1,538 $104,100 $9,500 $94,600
2019 $1,486 $100,100 $6,800 $93,300
2018 $1,364 $99,900 $6,800 $93,100
2017 $1,304 $95,900 $6,000 $89,900
2016 $1,334 $99,300 $6,000 $93,300
2014 $599 $77,100 $6,000 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 436094

Northwest Indiana Association of REALTORS®

APN: 46-20-17-279-016.000-012