NOT LISTED FOR SALE

5241 Central Ave Portage, IN 46368

Estimated Value: $140,000 - $336,199

2 Beds
2 Baths
2,145 Sq Ft
$113/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $190,000 $89 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,413/month

18 Days on Market

Highlights

  • 2.25 Acre Lot
  • Ranch Style House
  • 3 Car Detached Garage
  • Recreation Room
  • Covered Patio or Porch
  • In-Law or Guest Suite

About This Home

As of June 2018

Unique property...2 Ranch homes on 2.25 Acres!! Great for related living or as a rental unit. The main ranch home offers 2 bedrooms and 2 baths. Upon entering you are greeted with hardwood floors on most of the main level. The living room offers 9ft ceiling and a wood burning fireplace adjacent to the formal dining room. 2 nice sized bedrooms with ample closet space. The large kitchen has plenty of cabinets and a pantry. The fully finished walk-out basement, has a huge recreational room with bar area, bathroom and tons of additional storage. Second ranch home has 2 bedrooms and 1 bathroom with nice sized living room and eat-in kitchen. The vast acreage has areas of grass and parts are wooded. If you are looking for a spacious piece of property this is it! Don't let this one get away.

Last Agent to Sell the Property

Myra Mitchell

@properties/Christie's Intl RE License #RB14039565 Listed on: 04/26/2018

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1933

Lot Details

  • 2.25 Acre Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Zoning described as Portage

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2,145 Sq Ft Home
  • Dry Bar
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Walk-Out Basement
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Satellite Dish

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 640515179009000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,542

Year Built

Built in 1933

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1933
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Paved Road, Sloped
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: GNR121
  • Co List Office Mls Id: GNR121
  • Subdivision Name: None
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 113
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Dry Bar, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom, Related Living
  • Basement: Walk Out
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 2.25

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Portage Township

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 98010
  • ResoLotSizeUnits: Acres
  • Parcel #: 640515179009000016
  • Zoning Description: Portage
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2542

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 18, 2018
Sold by
Sumner Brenda L
Bought by
Wagner Thomas S
Seller's Agent
Myra Mitchell
@properties/Christie's Intl RE
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$243,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,050
Avg. Annual Appreciation
3.43%
Original Mortgage
$142,500
Outstanding Balance
$123,515
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$119,535
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
Wagner Thomas S -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Thomas S $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2018 06/25/18 Sold $190,000 0.0% $89 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $190,000 -- $89 / 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 $1,485 $68,700 $3,800 $64,900
2023 $1,465 $73,000 $3,600 $69,400
2022 $1,308 $64,100 $3,600 $60,500
2021 $1,145 $55,900 $3,600 $52,300
2020 $1,057 $51,500 $3,300 $48,200
2019 $1,030 $50,100 $3,300 $46,800
2018 $1,004 $48,700 $3,300 $45,400
2017 $851 $41,200 $3,300 $37,900
2016 $933 $45,200 $5,700 $39,500
2014 $810 $39,500 $5,100 $34,400
2013 -- $36,700 $5,100 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR432908

Northwest Indiana Association of REALTORS®

APN: 64-05-15-179-008.000-016