$255,000
SOLD MAR 18, 2025

5439-41 Aspen Ave Portage, IN 46368

4 Beds
2 Baths
1,852 Sq Ft
0.29 Acres

Recently Sold

$138 Per Sq Ft

Highlights

  • Deck
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Outdoor Storage

About This Home

As of March 2025

Attention Investors! Fully rented 2-unit, mostly brick, duplex. Both units are 2 bedrooms, 1 bath. Tenant pays gas/electric. Owner currently pays water/sewer/trash. Both units have sheds and decks in rear from sliding glass doors. No rear neighbors as behind the back yard is the serene Duneland Bike Trail! One unit fully remodeled to include granite counters and hardwood floors in both bedrooms - rent is 1300 - lease exp is 4/1/2025 and month to month after. 2nd unit has new kitchen cabinets/countertops, hardwood floors in both bedrooms and living room - currently rented for 1000 per month on a month to month lease. Great rental opportunity to add to your portfolio OR live in one side and rent the other to offset your mortgage!

Last Agent to Sell the Property

Yvonne Engelbrecht

Fireside Realty License #RB15000076 Listed on: 02/22/2025

Last Buyer's Agent

Farris Gosea

Ellsbury Commercial Group LLC License #RB20000951

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1973

Lot Details

  • 0.29 Acre Lot

Home Design

  • Block Foundation

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property
  • Dryer

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,300
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water, trash collection
  • Rent includes sewer, water, trash collection
  • Assessor Parcel Number 08000651473

Community Details

Overview

  • 2 Units
  • Willowdale Subdivision

Building Details

  • Gross Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,548

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA382
  • Subdivision Name: Willowdale
  • Above Grade Finished Sq Ft: 1852
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: 100 Amp Service
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Gas Range, Free-Standing Refrigerator, Dryer
  • Interior Amenities: Eat-in Kitchen, Storage, Granite Counters, Laminate Counters
  • Flooring: Ceramic Tile, Vinyl, Hardwood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Fire Pit, Storage
  • Acres: 0.29
  • Waterfront: No
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Asphalt, On Site, Off Street, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central, Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • HOA Rent Includes: Sewer, Water, Trash Collection

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 08000651473

Rental Info

  • Pets Allowed: Dogs OK
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water, Trash Collection

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2548

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 2300
  • Total Actual Rent: 2300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2025
Closed on
Mar 18, 2025
Sold by
Milligan Dallas
Bought by
Tafoya Family Trust
Seller's Agent
Yvonne Engelbrecht
Fireside Realty
Buyer's Agent
Farris Gosea
Ellsbury Commercial Group LLC
List Price
$255,000
Sold Price
$255,000
Total Days on Market
0
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.61%
Original Mortgage
$204,000
Outstanding Balance
$198,268
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$46,136

Purchase Details

Closed on
Nov 22, 2021
Sold by
R & T Industries Inc
Bought by
Milligan Dallas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,100
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2021
Sold by
Topalovic Liljana
Bought by
R & T Industries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,173
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2008
Sold by
Whitaker James T
Bought by
Topalovic Liljana
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $255,000 Fidelity National Title
Warranty Deed $394,000 Fidelity National Title
Warranty Deed -- Mtc
Warranty Deed -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Previous Owner $810,100 FHA
Previous Owner $37,173 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $255,000 0.0% $138 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
02/22/2025 02/22/25 For Sale $255,000 -- $138 / 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 $2,588 $182,600 $23,700 $158,900
2023 $2,548 $189,400 $22,500 $166,900
2022 $2,222 $165,700 $22,500 $143,200
2021 $1,467 $142,700 $22,500 $120,200
2020 $2,546 $125,300 $20,400 $104,900
2019 $2,548 $125,400 $20,400 $105,000
2018 $2,506 $123,300 $20,400 $102,900
2017 $2,438 $119,900 $20,400 $99,500
2016 $2,340 $115,000 $18,700 $96,300
2014 $2,330 $114,500 $18,800 $95,700
2013 -- $122,200 $18,800 $103,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 816440

Northwest Indiana Association of REALTORS®

APN: 64-05-22-432-010.000-016