NOT LISTED FOR SALE

532 W 18th St La Porte, IN 46350

Estimated Value: $108,000 - $126,000

3 Beds
2 Baths
1,152 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $109,000 $95 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $699/month

8 Days on Market

Highlights

  • City View
  • No HOA
  • Forced Air Heating System
  • Deck
  • 1-Story Property

About This Home

As of August 2024

Welcome to this versatile 2-unit ranch duplex, an ideal investment opportunity or a perfect home for those looking to generate rental income. This property features two units: one side offers 2 bedrooms and 1 bath, while the other side provides 1 bedroom and 1 bath. Recent updates enhance the appeal of this duplex, including a new roof, fresh paint throughout both units, and new water heaters, ensuring peace of mind and low maintenance for years to come. Each unit is move-in ready, making it easy to start renting immediately or to settle into your new home while renting out the other side. The duplex's layout is perfect for a variety of living arrangements. Live in one unit and rent out the other to cover your mortgage, or rent out both units for a steady stream of income. The options are endless. Located close to downtown LaPorte, you'll enjoy easy access to shopping, restaurants, and local amenities. This convenient location is perfect for tenants and owners alike, providing everything you need within a short distance. Don't miss this fantastic opportunity to own a versatile and income-generating property in a prime location.

Last Agent to Sell the Property

David Whitehead

RE/MAX Lifestyles License #RB14035139 Listed on: 08/02/2024

RE/MAX Lifestyles

Last Buyer's Agent

Julie Bapst

Keller Williams ONEChicago License #RB14050696

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 9,500

Parking

  • 4 Parking Spaces

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • City Views
  • Gas Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Deck
  • 9,500 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • Maple Terrace Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 46-10-02-458-026.000-043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Back Yard, Front Yard, Level
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: City
  • Co List Office Mls Id: NRA1855
  • Subdivision Name: Maple Terrace Add
  • Above Grade Finished Sq Ft: 1152
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: None
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.2181
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Reso Roof: Asphalt

Garage/Parking

  • Parking Features: Additional Parking, Gravel, Aggregate
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Association: No

Lot Info

  • Lot Size Sq Ft: 9500
  • Parcel #: 46-10-02-458-026.000-043

Rental Info

  • Tenant Pays: All Utilities
  • Owner Pays: Taxes

Tax Info

  • Year: 2023
  • Tax Annual Amount: 924

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Aug 27, 2024
Sold by
Delrio Jennifer
Bought by
Montana Danielle L and Terendy John
Seller's Agent
David Whitehead
RE/MAX Lifestyles
Buyer's Agent
Julie Bapst
Keller Williams ONEChicago
List Price
$129,900
Sold Price
$109,000
Premium/Discount to List
-$20,900
-16.09%
Views
22
Current Estimated Value
$117,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,309
Avg. Annual Appreciation
5.91%
Original Mortgage
$81,750
Outstanding Balance
$80,681
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$36,628

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 21, 2022
Sold by
Kwan Steven
Bought by
Delrio Jennifer
Seller's Agent
Julie Wagner
McColly Real Estate
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.24%

Purchase Details

Closed on
Apr 5, 2018
Sold by
Cory Wayne and Cory Donna
Bought by
Kwan Steven
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montana Danielle L -- Meridian Title
Delrio Jennifer -- Fidelity National Title
Kwan Steven -- Indiana Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montana Danielle L $81,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2024 08/27/24 Sold $109,000 -12.7% $95 / Sq Ft
08/08/2024 08/08/24 Price Changed $124,900 -3.8% $108 / Sq Ft
08/02/2024 08/02/24 For Sale $129,900 +99.8% $113 / Sq Ft
10/21/2022 10/21/22 Sold $65,000 0.0% $56 / Sq Ft View Prior Sale
09/21/2022 09/21/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $65,000 -- $56 / 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 $1,003 $46,200 $7,200 $39,000
2022 $1,292 $64,600 $9,800 $54,800
2021 $1,204 $60,200 $9,800 $50,400
2020 $1,244 $60,200 $9,800 $50,400
2019 $1,260 $60,600 $11,800 $48,800
2018 $1,120 $53,600 $9,400 $44,200
2017 $1,124 $53,800 $9,400 $44,400
2016 $862 $40,700 $8,200 $32,500
2014 $782 $39,100 $8,100 $31,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 807912

Northwest Indiana Association of REALTORS®

APN: 46-10-02-458-026.000-043