NOT LISTED FOR SALE

5123 N 225 W La Porte, IN 46350

Estimated Value: $192,000 - $198,000

2 Beds
1 Bath
880 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $25,000 $28 Per Sq Ft

Est. 680% increase in value since last sale

Current estimated payment $1,071/month

339 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Fenced
  • 2 Car Detached Garage
  • Dining Room

About This Home

As of April 2023

Unique property. Secluded and surronded by wooded land, only a few homes on this dead end street..43 ac fenced in. Garage was used as living space, can be turned back into garage.Needs work.

Last Agent to Sell the Property

Lia Dawson

Region Real Estate LLC License #RB14025601 Listed on: 04/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $279

Year Built

  • Built in 1964

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 137x134
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 880 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • No Utilities
  • Well
  • Septic System

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460603403002000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$279

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR758
  • Subdivision Name: none
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Baseboard,Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: false
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.43

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Off
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 137x134
  • Lot Size Sq Ft: 18731
  • Parcel #: 460603403002000062

Tax Info

  • Year: 2020
  • Tax Annual Amount: 279

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Apr 11, 2023
Sold by
Mc Lending Solutions Llc
Bought by
Housemart Inc
Seller's Agent
Lia Dawson
Region Real Estate LLC
List Price
$66,500
Sold Price
$25,000
Premium/Discount to List
-$41,500
-62.41%
Current Estimated Value
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,000
Avg. Annual Appreciation
134.51%
Original Mortgage
$133,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2022
Sold by
County Of Laporte
Bought by
Mc Lending Solutions Llc

Purchase Details

Listed on
Oct 17, 2015
Closed on
Dec 16, 2015
Sold by
Fatouros Dino
Bought by
Summers Jason and Summers Laura
Seller's Agent
Betty Daniel-Lanie
McColly Real Estate
List Price
$22,000
Sold Price
$22,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.05%

Purchase Details

Listed on
Oct 17, 2015
Closed on
Dec 9, 2015
Sold by
Nieto Nathan A
Bought by
Fatouros Dino
Seller's Agent
Betty Daniel-Lanie
McColly Real Estate
List Price
$22,000
Sold Price
$22,000

Purchase Details

Closed on
Feb 20, 2015
Sold by
Spencer Manuel and Spencer William E
Bought by
Nieto Nathan A
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
Housemart Inc -- None Listed On Document
Mc Lending Solutions Llc $16,601 None Listed On Document
Summers Jason -- None Available
Fatouros Dino -- Fidelity Natl Title Ins Co
Nieto Nathan A -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Housemart Inc $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $25,000 -62.4% $28 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
04/28/2022 04/28/22 For Sale $66,500 +202.3% $76 / Sq Ft
12/09/2015 12/09/15 Sold $22,000 0.0% $25 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
10/17/2015 10/17/15 For Sale $22,000 -- $25 / 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 $495 $23,500 $13,500 $10,000
2022 $610 $33,600 $13,500 $20,100
2021 $1,011 $55,100 $22,500 $32,600
2020 $279 $55,100 $22,500 $32,600
2019 $311 $53,500 $18,700 $34,800
2018 $296 $50,600 $18,700 $31,900
2017 $943 $47,400 $18,700 $28,700
2016 $818 $44,700 $15,000 $29,700
2014 $348 $63,300 $15,000 $48,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lia Dawson

    Region Real Estate LLC

    (219) 712-9928

    255 Total Sales

    Lia Dawson
    Section Image
  • Betty Daniel-Lanie

    Seller's Agent in 2015

    Betty Daniel-Lanie

    McColly Real Estate

    (219) 716-4481

    54 Total Sales

    Betty Daniel-Lanie
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR511418

Northwest Indiana Association of REALTORS®

APN: 46-06-03-403-002.000-062

Indiana La Porte County La Porte 46350

5123 N 225 W, La Porte, IN

This home is located at 5123 N 225 W, La Porte, IN 46350 since 28 April 2022 and is currently estimated at $195,000, approximately $221 per square foot. This property was built in 1964. 5123 N 225 W is a home located in LaPorte County with nearby schools including Springfield Elementary School, Martin T. Krueger Middle School, and Michigan City High 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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