NOT LISTED FOR SALE

5321 E 6th Place Gary, IN 46403

Aetna Neighborhood

Estimated Value: $36,000 - $199,000

4 Beds
2 Baths
2,328 Sq Ft
$54/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $33,500 $14 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $810/month

56 Days on Market

About This Home

As of August 2022

ZONED R-4 - 2 UNIT READY FOR REHAB! This property has two 2-bedroom units, full basement and 1.5 car garage. It is located close to downtown Miller restaurants & shops and walking distance to Miller's South Shore Station. Once double tracking is complete, you will be able to get to Chicago in less than 40 minutes. 5 minutes to Lake Michigan Beach. Close to Toll Road/Skyway access.Fair Market Rent for 2 bedroom unit in this area is $860 a month per HUD.

Last Listed By

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 05/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,323

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x113

Parking

  • 1.5 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 2,328 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 450906330006000004

Community Details

Overview

  • 2 Units
  • Chas A Blankes Subdivision

Building Details

  • New Taxes Expense $338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,323

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Co List Office Mls Id: NRA2306
  • Subdivision Name: Chas A Blankes
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.13
  • Construction Type: Other
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached, Off Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 50x113
  • Lot Size Sq Ft: 5663
  • Parcel #: 450906330006000004

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Aug 15, 2022
Sold by
Walk The World Llc
Bought by
Babcock Paul T and Stewart Nolita
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$33,500
Sold Price
$33,500
Total Days on Market
56
Current Estimated Value
$125,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,241
Avg. Annual Appreciation
62.92%

Purchase Details

Closed on
Apr 18, 2022
Sold by
Harrigan Daniel P
Bought by
Walk The World Llc

Purchase Details

Closed on
Apr 5, 2022
Sold by
Daniel Harrigan
Bought by
Walk The World Llc

Purchase Details

Closed on
Oct 7, 2021
Sold by
Auditor Of Lake County
Bought by
Waechter Martin W and Waechter Helen B

Range of Values:

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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
Babcock Paul T -- Kvachkoff Douglas R
Walk The World Llc -- Kvachkoff Michael D
Walk The World Llc -- Kvachkoff Michael D
Waechter Martin W $500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $33,500 0.0% $14 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $33,500 -- $14 / 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 $1,323 $15,600 $7,500 $8,100
2023 $356 $15,000 $7,500 $7,500
2022 $356 $13,900 $7,500 $6,400
2021 $343 $13,400 $7,500 $5,900
2020 $338 $13,200 $7,500 $5,700
2019 $1,188 $13,200 $7,500 $5,700
2018 $1,054 $13,200 $7,500 $5,700
2017 $320 $13,400 $7,500 $5,900
2016 $320 $13,600 $7,500 $6,100
2014 $1,505 $64,300 $8,100 $56,200
2013 $1,398 $62,200 $8,200 $54,000
Source: Public Records

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Source: Northwest Indiana Association of REALTORS®

MLS Number: 512940

Northwest Indiana Association of REALTORS®

APN: 45-09-06-330-006.000-004