$104,000
SOLD JUN 6, 2025

545 N Oakwood St Unit 3 Griffith, IN 46319

1 Bed
1 Bath
650 Sq Ft
$154/mo HOA Fee

Recently Sold

$160 Per Sq Ft

13% Below List Price

23 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Landscaped
  • Corner Lot
  • Living Room
  • Forced Air Heating System

About This Home

As of June 2025

Charming 1-Bedroom Condo with Modern Comforts and Prime Location. Welcome to this cozy and well-maintained 1-bedroom condominium, perfect for first-time buyers, downsizers, or investors! This inviting unit features beautiful hardwood floors in living room, hall and primary bedroom and the convenience of an in-unit washer and dryer. The kitchen comes fully equipped with appliances, so you're move-in ready from day one. Enjoy the ease of your own designated parking space, and rest easy with a range of HOA-covered amenities, including water, sewer, trash, snow removal, and lawn care--leaving only your electric bill to handle. Ideally situated near major highways and shopping centers, this condo also boasts close proximity to the vibrant City of Chicago, offering the best of both suburban tranquility and urban excitement. Schedule your tour!

Last Agent to Sell the Property

Melissa Yanez

Favela Real Estate, LLC License #RB14049226 Listed on: 04/05/2025

Co-Listed By

Cirilo Favela

Favela Real Estate, LLC License #RB19000021

Last Buyer's Agent

Tom Adams

eXp Realty, LLC License #RB14022621

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,782

Year Built

  • Built in 1961

HOA Fees

  • $154 Monthly HOA Fees

Home Design

  • Brick Foundation

Interior Spaces

  • 650 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Wood Flooring
  • Neighborhood Views
  • Washer and Gas Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Landscaped
  • Forced Air Heating System

Community Details

  • Association fees include snow removal, trash
  • Oakwood HOA Zak Association, Phone Number (219) 218-6804
  • Oakwood Condo Subdivision

Listing and Financial Details

  • Seller Considering Concessions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,782

Year Built

Built in 1961

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Corner Lot, Landscaped
  • ResoPoolFeatures: None
  • Reso View: Neighborhood
  • Reso Association Amenities: Landscaping, Snow Removal
  • Reso Association Fee Includes: Other, Snow Removal, Trash
  • Co List Office Mls Id: NRA2318
  • Co List Office Phone: (219) 617-9710
  • Co List Office Mls Id: NRA2318
  • Subdivision Name: Oakwood Condo
  • Above Grade Finished Sq Ft: 650
  • Garage Yn: No
  • Unit Levels: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoWindowFeatures: Insulated Windows
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Electric Range
  • Interior Amenities: Open Floorplan
  • Flooring: Hardwood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Reso Roof: Shingle

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available, Natural Gas Available
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 154
  • Association Fee Frequency: Monthly
  • Association Name: Oakwood HOA Zak
  • Phone: 219-218-6804
  • Association: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: Tbd

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1782

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2025
Closed on
Jun 6, 2025
Sold by
Favela Home Buyers Llc
Bought by
Moore Diane
Seller's Agent
Melissa Yanez
Favela Real Estate, LLC
Buyer's Agent
Tom Adams
eXp Realty, LLC
List Price
$119,900
Sold Price
$104,000
Premium/Discount to List
-$15,900
-13.26%
Views
285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9203.50%
Original Mortgage
$78,000
Outstanding Balance
$77,934
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$217,066

Purchase Details

Closed on
Feb 5, 2025
Sold by
Houchin Nancy J
Bought by
Favela Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.85%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 28, 2008
Sold by
Woodview Properties Llc
Bought by
Houchin Nancy J
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 Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed -- Meridian Title
Warranty Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,000 New Conventional
Previous Owner $76,000 Construction
Previous Owner $5,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $104,000 -13.3% $160 / Sq Ft
04/05/2025 04/05/25 For Sale $119,900 -- $184 / 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 $2,506 $76,400 $20,000 $56,400
2023 $1,788 $76,500 $20,000 $56,500
2022 $1,788 $77,000 $20,000 $57,000
2021 $1,546 $77,300 $5,400 $71,900
2020 $1,486 $74,300 $5,400 $68,900
2019 $1,453 $70,400 $4,500 $65,900
2018 $1,487 $59,200 $4,300 $54,900
2017 $1,652 $60,300 $4,300 $56,000
2016 $986 $33,400 $2,500 $30,900
2014 $917 $31,500 $2,500 $29,000
2013 $1,797 $30,300 $2,500 $27,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 818599

Northwest Indiana Association of REALTORS®

APN: 45-07-35-281-017.000-006