NOT LISTED FOR SALE

514 W 151st St East Chicago, IN 46312

Southside Neighborhood

Estimated Value: $190,000 - $261,000

6 Beds
4 Baths
2,120 Sq Ft
$106/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $17,500 $8 Per Sq Ft

Est. 1,189% increase in value since last sale

Current estimated payment $1,573/month

58 Days on Market

About This Home

As of November 2013

Great investment opportunity. 4 unit apartment building. 2 - 2 bedroom & one bathroom units and 2 - 1 bedroom & one bath units. Also a 2 car garage round out the investment with potential rent on the garage too. This is a Fannie Mae HomePath property. For more information about HomePath financing and incentives, please contact your local Realtor.

Last Agent to Sell the Property

Betty Richmond

Umbrella Real Estate LLC License #RB14014901 Listed on: 09/17/2013

Last Buyer's Agent

Luanne Govert

BHHS Executive Realty License #RB14051225

BHHS Executive Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,133

Year Built

  • Built in 1909

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 25 x 144

Home Design

  • Brick Foundation

Interior Spaces

  • 2,120 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • Detached Garage
  • Off-Street Parking

Community Details

  • 4 Units
  • New Taxes Expense $2,702

Listing and Financial Details

  • Assessor Parcel Number 450332206033000024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,133

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1909
  • Reso Property Sub Type: Quadruplex
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1759
  • Subdivision Name: None
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.0826
  • Construction Type: Brick, Other

Garage/Parking

  • Parking Features: Detached, Off Street

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: City of East Chicago

Lot Info

  • Lot Dimensions: 25 x 144
  • Lot Size Sq Ft: 3600
  • Parcel #: 450332206033000024

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4

Tax Info

  • New Taxes Expense: 2702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Israel Torres
Bought by
C Star Properties Inc
Current Estimated Value
$225,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,007,500
Outstanding Balance
$965,497
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$774,997

Purchase Details

Listed on
Sep 17, 2013
Closed on
Nov 22, 2013
Sold by
Federal National Mortgage Association
Bought by
Torres Israel
Seller's Agent
Betty Richmond
Umbrella Real Estate LLC
Buyer's Agent
Luanne Govert
BHHS Executive Realty
List Price
$17,500
Sold Price
$17,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.47%

Purchase Details

Closed on
Sep 16, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 2, 2013
Sold by
Ambers Todd D
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 5, 2008
Sold by
Rancifer Dwayne
Bought by
Ambers Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2007
Sold by
The Bank Of New York
Bought by
Rancifer Dwayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2006
Sold by
Mejia Manuel and Mejia Alicia
Bought by
The Bank Of New York
Source: Public Records

Range of Values:

Collateral Analytics

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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
C Star Properties Inc -- Northwest Indiana Title
Torres Israel $17,500 Total Title
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $120,921 None Available
Ambers Todd -- Stewart Title Services Of No
Rancifer Dwayne -- Statewide
The Bank Of New York $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C Star Properties Inc $1,007,500
Closed C Star Properties Inc $1,007,500
Previous Owner Torres Israel $58,100
Previous Owner Ambers Todd $100,000
Previous Owner Rancifer Dwayne $77,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $17,500 0.0% $8 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $17,500 -- $8 / 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 $4,133 $78,900 $14,500 $64,400
2023 $1,690 $86,600 $14,500 $72,100
2022 $1,690 $84,500 $14,500 $70,000
2021 $1,580 $79,000 $14,500 $64,500
2020 $1,528 $76,400 $14,500 $61,900
2019 $1,754 $73,300 $14,500 $58,800
2018 $1,909 $76,000 $14,500 $61,500
2017 $1,918 $74,600 $14,500 $60,100
2016 $1,929 $72,500 $14,500 $58,000
2014 $1,673 $65,500 $5,200 $60,300
2013 $1,653 $64,800 $5,200 $59,600
Source: Public Records

Agents Affiliated with this Home

  • Betty Richmond

    Seller's Agent in 2013

    Betty Richmond

    Umbrella Real Estate LLC

    (219) 808-5553

    13 Total Sales

    Betty Richmond
    Section Image

  • L

    Buyer's Agent in 2013

    Luanne Govert

    BHHS Executive Realty

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 337002

Northwest Indiana Association of REALTORS®

APN: 45-03-32-206-033.000-024

Indiana Lake County East Chicago 46312 Southside

514 W 151st St, East Chicago, IN

This home is located at 514 W 151st St, East Chicago, IN 46312 since 17 September 2013 and is currently estimated at $225,500, approximately $106 per square foot. This property was built in 1909. 514 W 151st St 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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