NOT LISTED FOR SALE

5551 Lark Ave Portage, IN 46368

Estimated Value: $244,000 - $282,000

4 Beds
2 Baths
2,392 Sq Ft
$112/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $253,500 $106 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,600/month

8 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Landscaped
  • No HOA
  • 1.5 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Abundance of space for living, entertaining, and storage! This 4 bedroom 2 bath quad level with full finished basement with dry bar, Extra Deep 1 1/2 car garage is located on a quiet street and ready for you to move in! No carpeting in the entire home! Main Level Family Room, Dining Room and all 3 bedrooms on upper level are all NATURAL OAK HARDWOOD FLOORING! 4th Bedroom is on the main floor, no stairs required, has a OVERSIZED Walk In Closet and access to the backyard. Additional Storage Room, fully drywalled in basement, adjacent to utility area. Large backyard with deck! City water and sewer!

Last Agent to Sell the Property

Jim Moore

Key Realty Indiana, LLC License #RB14034432 Listed on: 06/21/2024

Key Realty Indiana, LLC

Last Buyer's Agent

Heather Alexander

@properties/Christie's Intl RE License #RB17001530

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 95 x 126
  • Landscaped

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Quad-Level Property

Interior Spaces

  • Fireplace With Glass Doors
  • Wood Flooring
  • Neighborhood Views
  • Basement
  • Laundry in Basement

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Larkwood Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 64-05-23-103-006.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,270

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Back Yard, Landscaped
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2339
  • Subdivision Name: Larkwood Sub
  • Above Grade Finished Sq Ft: 1246
  • Garage Yn: Yes
  • Unit Levels: Quad-Level
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Microwave, Gas Range
  • Interior Amenities: Bar, Storage, Walk-In Closet(s), Kitchen Island
  • Basement: Finished
  • Flooring: Ceramic Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1146
  • Fireplace Features: Glass Doors
  • Fireplaces: 1

Exterior Features

  • Exterior Features: None
  • Acres: 0.2726

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Asphalt, Garage Door Opener, Garage Faces Front, Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 95 x 126
  • Lot Size Sq Ft: 11875
  • Additional Parcels: No
  • Parcel #: 64-05-23-103-006.000-016

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 20, 2024
Sold by
Krone Marri Lee
Bought by
Nelson Michael A
Seller's Agent
Jim Moore
Key Realty Indiana, LLC
Buyer's Agent
Heather Alexander
@properties/Christie's Intl RE
List Price
$249,899
Sold Price
$253,500
Premium/Discount to List
$3,601
1.44%
Views
74
Current Estimated Value
$266,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,433
Avg. Annual Appreciation
4.55%
Original Mortgage
$245,895
Outstanding Balance
$243,123
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$23,810

Purchase Details

Closed on
Jun 19, 2008
Sold by
Krone Marri
Bought by
Krone Marri Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,832
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Krone Steve and Krone Sabrina
Bought by
Krone Marri

Purchase Details

Closed on
Aug 11, 2006
Sold by
Krone Marri and Krone Steve
Bought by
Krone Steve and Krone Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Nelson Michael A -- Liberty Title
Krone Marri Lee -- Meridian Title Corp
Krone Marri -- Meridian Title Corp
Krone Steve -- Ticor Title Insurance
Krone Marri -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Michael A $245,895
Previous Owner Krone Marri Lee $157,832
Previous Owner Krone Marri $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2024 08/19/24 Sold $253,500 +1.4% $106 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $249,899 -- $104 / 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 $2,271 $240,200 $41,000 $199,200
2023 $2,098 $232,900 $39,100 $193,800
2022 $2,078 $207,800 $39,100 $168,700
2021 $1,701 $176,000 $39,100 $136,900
2020 $1,639 $170,800 $37,200 $133,600
2019 $1,612 $165,700 $37,200 $128,500
2018 $1,541 $160,100 $37,200 $122,900
2017 $1,245 $150,400 $37,200 $113,200
2016 $1,253 $145,600 $38,300 $107,300
2014 $1,388 $149,400 $40,900 $108,500
2013 -- $174,300 $41,900 $132,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 805718

Northwest Indiana Association of REALTORS®

APN: 64-05-23-103-006.000-016