NOT LISTED FOR SALE

5174 Independence Ave Portage, IN 46368

Estimated Value: $261,522

5 Beds
3 Baths
2,352 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2023

Last sale price $2,200 $1 Per Sq Ft

Est. 11,787% increase in value since last sale

Current estimated payment $1,831 / mo

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Neighborhood Views
  • Fireplace in Basement
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Pathway to homeownership!Seller is offering a 3 year lease with option to purchase. Purchase price will be $280,000, $8,400 non-refundable option fee due at move in. Up-front fee is credited to the price at the time of purchase, $50 per on time payment during lease period will be credited toward the buyer's closing costs on the purchase. NOT FOR RENT ONLY. This stunning 5-bedroom, 3-bathroom ranch home features a spacious living room with a large picture window that floods the space with natural light. The open-concept kitchen boasts brand-new stainless appliances, sleek granite countertops, and a stylish island with seating. Sliding doors off the dining area lead to a private back porch, perfect for enjoying the scenic backyard. The main level includes 3 bedrooms and 2 bathrooms, including a beautiful en suite bathroom in your primary bedroom. The full finished basement offers additional living space with a charming brick fireplace, 2 more bedrooms, a 3/4 bath, and a convenient laundry room. The detached 2-car garage includes a built-in countertop, ideal for projects or extra storage. Situated on a spacious corner lot, this home is in a prime location, just moments away from shopping centers, restaurants, and an abundance of activities. Don't miss the opportunity to schedule a showing today!

Last Agent to Rent the Property

Kyle Wade

Weichert Realtors - Shoreline License #RB14045333 Listed on: 03/17/2025

Weichert Realtors - Shoreline

Co-Listed By

Max Oelling

Weichert Realtors - Shoreline License #RB24002036

Last Renter's Agent

Connor Pascoe

Weichert Realtors - Shoreline License #RB22000410

Weichert Realtors - Shoreline

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 8,255 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Basement
  • Fireplace in Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • No Utilities

Community Details

  • No Home Owners Association
  • Royal Oaks Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 640515326019000016

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

8,255 Sq Ft Lot

Parking

2

Rental Info

  • Lease Term: Other
  • Pets Allowed: No
  • Tenant Pays: All Utilities
  • Owner Pays: None
  • LeaseType: Net

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back Yard, Front Yard
  • ResoPoolFeatures: None
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA1565
  • Co List Office Phone: (219) 864-8440
  • Co List Office Mls Id: NRA970
  • Subdivision Name: Royal Oaks
  • Above Grade Finished Sq Ft: 1176
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Gas Range
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Basement: Bath/Stubbed, Finished
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1176
  • Fireplace Features: Basement
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.1895
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, On Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8255
  • Additional Parcels: No
  • Parcel #: 640515326019000016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Honorable Investments Llc
Bought by
Midwest Rental Solutions Llc
Current Estimated Value
$261,522

Purchase Details

Listed on
Mar 17, 2025
Closed on
May 30, 2025
Sold by
Housemart Inc
Bought by
Honorable Investments Llc
Seller's Agent
Kyle Wade
Weichert Realtors - Shoreline
Buyer's Agent
Connor Pascoe
Weichert Realtors - Shoreline
Sold Price
$2,220
Views
154

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 20, 2021
Sold by
Preferred Homes Llc
Bought by
Housemart Inc
Seller's Agent
Lakia Hasenjaeger
The Jaeger Group, LLC
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.00%

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 14, 2021
Sold by
Hgm Holdings Llc
Bought by
Preferred Homes Llc
Seller's Agent
Lakia Hasenjaeger
The Jaeger Group, LLC
List Price
$75,000
Sold Price
$75,000

Purchase Details

Closed on
Jul 26, 2019
Sold by
Ebury Re Llc
Bought by
Hgm Holdings Bllc

Purchase Details

Closed on
Dec 13, 2017
Sold by
Nicholson Ronald R
Bought by
Ebury Re Llc
Source: Public Records
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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
Midwest Rental Solutions Llc -- None Listed On Document
Honorable Investments Llc -- None Listed On Document
Housemart Inc -- None Available
Preferred Homes Llc -- Meridian Title Corp
Hgm Holdings Bllc -- None Available
Ebury Re Llc $46,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2025 04/07/25 Rented $2,220 +0.9% --
03/29/2025 03/29/25 Under Contract -- -- --
03/17/2025 03/17/25 For Rent $2,200 0.0% --
03/24/2023 03/24/23 Sold $2,200 0.0% $1 / Sq Ft View Prior Sale
02/22/2023 02/22/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $2,200 -97.1% $1 / Sq Ft
07/16/2021 07/16/21 Sold $75,000 0.0% $64 / Sq Ft View Prior Sale
06/08/2021 06/08/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $75,000 -- $64 / 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 $5,330 $297,300 $25,400 $271,900
2024 $5,636 $265,500 $25,400 $240,100
2023 $5,616 $280,600 $24,200 $256,400
2022 $2,436 $121,600 $24,200 $97,400
2021 $2,186 $108,100 $24,200 $83,900
2020 $2,021 $99,800 $22,000 $77,800
2019 $1,977 $97,600 $22,000 $75,600
2018 $814 $97,200 $22,000 $75,200
2017 $1,894 $89,900 $22,000 $67,900
2016 $1,022 $88,100 $23,300 $64,800
2014 $842 $86,300 $22,400 $63,900
2013 -- $81,100 $22,300 $58,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 817604

Northwest Indiana Association of REALTORS®

APN: 64-05-15-326-019.000-016

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