NOT LISTED FOR SALE

518 W Main St Griffith, IN 46319

Estimated Value: $217,000 - $258,000

3 Beds
1 Bath
1,198 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 04, 2023

Last sale price $1,975 $2 Per Sq Ft

Est. 11,950% increase in value since last sale

Current estimated payment $1,867/month

89 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 2 Car Detached Garage
  • Corner Lot
  • Formal Dining Room
  • Cooling Available

About This Home

As of September 2023

Pathway to homeownership!Seller is offering a 3 year lease with option to purchase. Purchase price will be $260,000, $7,800 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.Cape cod style home located in the heart of Griffith w/ just a short walk to downtown! Cozy enclosed front porch right as you enter the home, a sun-filled living room and dining room w/ refinished HARDWOOD floors! Kitchen offers all NEW stainless steel appliances, beautiful granite countertops, & plenty of cabinet space! 3 great size bedrooms & a captivating FULL bathroom. To top it off you have a bonus space upstairs which can be used for additional storage, rec room, or play room! Detached two car garage & full unfinished basement for future expansion! Newer windows, siding, furnace, & entral air!

Last Agent to Sell the Property

Kyle Wade

Weichert Realtors - Shoreline License #RB14045333 Listed on: 06/07/2023

Weichert Realtors - Shoreline

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 48x125
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,198 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Basement
  • Sump Pump
  • Attic Stairs

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 450734484010000006

Community Details

Overview

  • No Home Owners Association
  • Ridgewood Add Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR970
  • Co List Office Mls Id: GNR970
  • Subdivision Name: Ridgewood Add
  • Architectural Style: Cape Cod, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 952
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Attic Stairway, Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.138

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Griffith

Lot Info

  • Lot Dimensions: 48x125
  • Lot Size Sq Ft: 6011
  • Parcel #: 450734484010000006

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4473

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2020
Sold by
518 W Main St Land Trust
Bought by
Housemart Inc
Current Estimated Value
$237,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 2019
Sold by
Housemart Inc
Bought by
518 W Main St Land Trust

Purchase Details

Closed on
Sep 21, 2018
Sold by
Thomas Florence M
Bought by
Housemart Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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
Housemart Inc -- Indiana Title Network Co
518 W Main St Land Trust -- Indiana Title Network Co
Housemart Inc -- Indiana Title Network Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Housemart Inc $206,250
Closed Housemart Inc $206,250
Closed Housemart Inc $165,000
Closed Housemart Inc $117,000
Previous Owner Housemart Inc $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2023 09/04/23 Sold $1,975 0.0% $2 / Sq Ft
06/07/2023 06/07/23 For Sale $1,975 -- $2 / 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 $6,770 $216,000 $28,200 $187,800
2023 $4,429 $206,700 $28,200 $178,500
2022 $4,429 $190,700 $28,200 $162,500
2021 $2,554 $127,700 $23,600 $104,100
2020 $2,480 $124,000 $23,600 $100,400
2019 $2,453 $120,400 $23,600 $96,800
2018 $1,114 $103,100 $22,500 $80,600
2017 $1,126 $104,100 $22,500 $81,600
2016 $1,204 $104,000 $22,500 $81,500
2014 $1,118 $98,400 $22,500 $75,900
2013 $1,108 $95,200 $22,500 $72,700
Source: Public Records

Agents Affiliated with this Home

  • Kyle Wade

    Seller's Agent in 2023

    Kyle Wade

    Weichert Realtors - Shoreline

    (219) 218-0759

    3 in this area

    158 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR531567

Northwest Indiana Association of REALTORS®

APN: 45-07-34-484-010.000-006

Indiana Lake County Griffith 46319

518 W Main St, Griffith, IN

This home is located at 518 W Main St, Griffith, IN 46319 since 07 June 2023 and is currently estimated at $245,377, approximately $204 per square foot. This property was built in 1925. 518 W Main St is a home located in Lake County with nearby schools including Griffith Senior High School, St Mary School, and Calumet Christian 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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