NOT LISTED FOR SALE

5455 Clem Rd Portage, IN 46368

8 Beds
4 Baths
3,700 Sq Ft
2.34 Acres

Last Sold March 31, 2021

Last sale price $260,000 $70 Per Sq Ft

9 Days on Market

About This Home

As of March 2021

This four unit building is located on 2.34 acres with a paved parking lot. The current rents are $2,625 per month. All units are leased. The building is on well and septic. Tenants pay their on utility bills. Each unit is two bedrooms, one bathroom.

Last Agent to Sell the Property

Paul Boyter

McColly Real Estate License #RB14020663 Listed on: 01/15/2021

McColly Real Estate

Last Buyer's Agent

Diana Smoot

McColly Real Estate License #RB14015673

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 2.34 Acre Lot

Home Design

  • Brick Foundation

Interior Spaces

  • 3,700 Sq Ft Home
  • Elevator

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Total Actual Rent $27,850
  • Rent includes trash collection
  • Assessor Parcel Number 640510280012000016

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $576
  • Insurance Expense $2,050
  • Maintenance Expense $2,200
  • New Taxes Expense $5,032
  • Net Operating Income $16,286

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • ResoLotFeatures: Agricultural, Open Lot
  • Income And Expenses Maintenance Expense: 2200
  • Co List Office Mls Id: NRA266
  • Subdivision Name: None
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 2.34
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling: None
  • Heating: Forced Air, Individual Unit, Natural Gas, Unit Control
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection

Lot Info

  • Lot Dimensions: 2.34 Acres
  • Lot Size Sq Ft: 101930
  • ResoLotSizeUnits: Acres
  • Parcel #: 640510280012000016
  • ResoLotSizeUnits: Acres

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 576
  • Insurance Expense: 2050
  • Total Actual Rent: 27850

Tax Info

  • New Taxes Expense: 5032

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $260,000 0.0% $70 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $260,000 -- $70 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 487173

Northwest Indiana Association of REALTORS®