Seller's Agent in 2025
Charles Vanderstelt
Listing Leaders
(219) 309-6098
5 in this area
144 Total Sales
5172 Central Ave Portage, IN 46368
5
Beds
2
Baths
2,278
Sq Ft
21,710
Sq Ft Lot
Highlights
- No HOA
- Landscaped
- Forced Air Heating System
About This Home
As of December 2025Start or add on to your real estate investment portfolio with this two-unit property in Portage. The main level unit includes two bedrooms and one full bathroom. The upper level unit has three bedrooms and one full bathroom. Both units are in good condition and have received recent interior updates. Each unit is currently occupied with leases running into spring and summer 2026. The current leases have the two-bedroom at 1,100 per month and the three-bedroom renting for 1,200 per month. The property is located on a main thoroughfare with excellent visibility for when needing rented in the future. The lot is one-half acre, leaving plenty of room to add storage or a garage to increase both the property's value and potential rent. Tenants pay water, electricity, and natural gas. The landlord pays sewer and stormwater expenses.
Last Agent to Sell the Property
Listing Leaders License #RB17001490 Listed on: 10/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,326
Year Built
- Built in 1933
Lot Details
- 21,710 Sq Ft Lot
- Landscaped
Interior Spaces
- 2,278 Sq Ft Home
- 2-Story Property
- Gas Range
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for electricity, water, gas
- The owner pays for grounds care, trash collection, sewer, snow removal
- Assessor Parcel Number 640515176007000016
Community Details
Overview
- No Home Owners Association
- 2 Units
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2025
Closed on
Dec 15, 2025
Sold by
201902Wy-40 Llc
Bought by
Neely Tyrik and Bell Latrice
Seller's Agent
Charles Vanderstelt
Listing Leaders
Buyer's Agent
Dierdra Shittu
@properties/Christie's Intl RE
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,333
Avg. Annual Appreciation
-13.21%
Original Mortgage
$228,000
Outstanding Balance
$214,359
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$16,308
Purchase Details
Listed on
Jul 31, 2021
Closed on
Oct 29, 2021
Sold by
Allie Homes Llc
Bought by
201902Wy 40 Llc
Seller's Agent
Nicole Milford
Compass Indiana, LLC
List Price
$177,000
Sold Price
$177,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Purchase Details
Closed on
Dec 30, 2020
Sold by
Konopasek Stephen Michael
Bought by
Allie Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2010
Sold by
Kincheloe Mark
Bought by
Konopasek Stephen Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,950
Interest Rate
4.87%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 29, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Kincheloe Mark
Purchase Details
Closed on
Sep 12, 2007
Sold by
Cloyd Ray
Bought by
Deutsche Bank National Trust Co and First Franklin Mortgage Loan Trust 2005-
Purchase Details
Closed on
Oct 17, 2005
Sold by
Brown Arthur L
Bought by
Cloyd Ray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,900
Interest Rate
8.37%
Mortgage Type
Stand Alone First
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meridian Title | |
| Warranty Deed | $354,000 | Fidelity National Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Chicago Title Insurance Co | |
| Special Warranty Deed | -- | Chicago Title Insurance Co | |
| Sheriffs Deed | $86,782 | Ticor Title Insurance | |
| Warranty Deed | -- | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,000 | New Conventional | |
| Closed | $228,000 | New Conventional | |
| Previous Owner | $126,000 | New Conventional | |
| Previous Owner | $77,950 | FHA | |
| Previous Owner | $82,900 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/15/2025 12/15/25 | Sold | $240,000 | -4.0% | $105 / Sq Ft | |
| 11/13/2025 11/13/25 | Pending | -- | -- | -- | |
| 10/17/2025 10/17/25 | For Sale | $249,900 | +41.2% | $110 / Sq Ft | |
| 11/02/2021 11/02/21 | Sold | $177,000 | 0.0% | $78 / Sq Ft | View Prior Sale |
| 10/03/2021 10/03/21 | Pending | -- | -- | -- | |
| 07/31/2021 07/31/21 | For Sale | $177,000 | -- | $78 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $4,366 | $220,500 | $25,100 | $195,400 |
| 2024 | $4,228 | $216,300 | $25,100 | $191,200 |
| 2023 | $3,696 | $209,400 | $24,000 | $185,400 |
| 2022 | $3,656 | $182,800 | $24,000 | $158,800 |
| 2021 | $2,246 | $110,300 | $24,000 | $86,300 |
| 2020 | $2,030 | $99,500 | $22,800 | $76,700 |
| 2019 | $2,028 | $99,400 | $22,800 | $76,600 |
| 2018 | $1,946 | $95,300 | $22,800 | $72,500 |
| 2017 | $1,904 | $93,200 | $22,800 | $70,400 |
| 2016 | $1,184 | $57,200 | $22,500 | $34,700 |
| 2014 | $736 | $57,300 | $22,600 | $34,700 |
| 2013 | -- | $54,500 | $22,600 | $31,900 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Vanderstelt
-
David Spaliaras
Seller Co-Listing Agent in 2025
David Spaliaras
Listing Leaders
(219) 308-3957
3 in this area
51 Total Sales
-
Dierdra Shittu
Buyer's Agent in 2025
Dierdra Shittu
@ Properties
(219) 614-9961
2 in this area
42 Total Sales
-
Nicole Milford
Seller's Agent in 2021
Nicole Milford
Compass Indiana, LLC
(630) 251-0382
10 in this area
440 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 829459
APN: 64-05-15-176-007.000-016
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Based on information submitted to the MLS GRID
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