NOT LISTED FOR SALE

Estimated Value: $119,000 - $386,239

6 Beds
8 Baths
5,741 Sq Ft
$50/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $320,000 $56 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,596/month

54 Days on Market

Highlights

  • 3.44 Acre Lot
  • Deck
  • Fireplace
  • Douglas MacArthur Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of April 2021

Perfect investment to make some extra income. 2 parcels on over 3 acres with a 5 unit building and a duplex each a 1 bed, 1 bath unit. with a little TLC, this would be a great investment property or rental property with great income potential , 2 one car garages, and a pond behind it. Get started with a few existing tenants, and be well on your way to updating the vacant units .Don't miss out on this great income producing property in a great location.

Last Listed By

Lisa Wojcik

Northwest Indiana Real Estate License #RB15001182 Listed on: 01/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $94

Year Built

  • Built in 1958

Lot Details

  • 3.44 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 5,741 Sq Ft Home
  • Elevator
  • Fireplace
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Total Actual Rent $27,950
  • Tenant pays for electricity, gas
  • The owner pays for gas, sewer
  • Rent includes electricity, gas, trash collection
  • Assessor Parcel Number 451524476008000041

Community Details

Overview

  • 7 Units

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $7,977
  • Trash Expense $770
  • New Taxes Expense $5,813
  • Net Operating Income $11,391

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$94

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA957
  • Co List Office Mls Id: NRA957
  • Subdivision Name: none
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None, Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Crawl Space, Partial, Sump Pump
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 8
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Exterior Features: Storage
  • Acres: 3.44
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: None, Other
  • Heating: Forced Air, Hot Water, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Gas, Trash Collection

Fee Information

  • Trash Expense: 770

Lot Info

  • Lot Dimensions: 3.44 acres
  • Lot Size Sq Ft: 149846
  • ResoLotSizeUnits: Acres
  • Parcel #: 451524476008000041
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Gas, Sewer
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 7
  • Insurance Expense: 7977
  • Total Actual Rent: 27950

Tax Info

  • New Taxes Expense: 5813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Stronghold Investment Group Llc
Bought by
Crown Epc Llc
Total Days on Market
54
Current Estimated Value
$285,080

Purchase Details

Closed on
Oct 19, 2011
Sold by
Manning Kenneth A
Bought by
Easy Street Investments Llc

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
Crown Epc Llc $800,000 Meridian Title
Easy Street Investments Llc $150,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stronghold Investment Group Ll $490,000
Previous Owner Stronghold Investments Group Llc $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $320,000 0.0% $56 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $320,000 -- $56 / 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 $94 $66,000 $66,000 --
2023 $82 $4,400 $4,400 --
2022 $82 $4,400 $4,400 $0
2021 $75 $4,200 $4,200 $0
2020 $79 $4,200 $4,200 $0
2019 $102 $4,200 $4,200 $0
2018 $106 $4,200 $4,200 $0
2017 $107 $4,200 $4,200 $0
2016 $108 $4,200 $4,200 $0
2014 $82 $4,200 $4,200 $0
2013 $82 $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 487542

Northwest Indiana Association of REALTORS®

APN: 45-15-24-476-012.000-041