NOT LISTED FOR SALE

5604 Aspen Ave Portage, IN 46368

Estimated Value: $228,000 - $264,000

4 Beds
2 Baths
1,768 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $177,750 $101 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,602/month

About This Home

As of September 2022

**Attention Investors!!** This is a wonderful opportunity to purchase an all-brick, 2 unit property with approximately 884 sf on each side. Each unit features 2 bedrooms and 1 bath, and yields $750/month rent per unit. Both units are currently occupied and are on a month-to-month lease. Units could both use some TLC. Purchase to continue to use as a rental property, full flip, or move in one side and rent the other! This is an estate sale and must be sold AS-IS, as seller is unable to make any repairs. If you're looking for additional duplexes, see our separate listing for 5612-5614 Aspen Avenue. Please contact your agent for more details.

Last Agent to Sell the Property

Jason Moon

Trueblood Real Estate, LLC License #RB14038929 Listed on: 09/28/2022

Trueblood Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1970

Lot Details

  • 0.29 Acre Lot

Home Design

  • 1,768 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • Side Driveway
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 640523155016000016

Community Details

Overview

  • 2 Units
  • Willowdale #6 Sec A Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,454

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Laundry
  • Co List Office Mls Id: GNR2003
  • Co List Office Mls Id: GNR2003
  • Subdivision Name: Willowdale #6 Sec A
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_ParkingSurface: Concrete
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.2893

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Off Street, Side Drive

Schools

  • Junior High Dist: Portage Township

Lot Info

  • Lot Size Sq Ft: 12600
  • Parcel #: 640523155016000016

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Jachymiak James and Jachymiak Ramona
Bought by
Fading Light Properties Master Llc
Current Estimated Value
$249,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,375
Outstanding Balance
$187,368
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$61,878

Purchase Details

Closed on
Aug 29, 2024
Sold by
Aspen Apartments Llc
Bought by
Jachymiak James and Jachymiak Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,375
Outstanding Balance
$187,368
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$61,878

Purchase Details

Listed on
Sep 28, 2022
Closed on
Oct 7, 2022
Sold by
Spivak Properties Llc
Bought by
Aspen Apartments Llc
Seller's Agent
Jason Moon
Trueblood Real Estate, LLC
List Price
$177,750
Sold Price
$177,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$389,866
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2015
Sold by
Spivak Samuel Bruce
Bought by
Spivak Properties Llc
Source: Public Records

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
Fading Light Properties Master Llc -- None Listed On Document
Jachymiak James $252,500 Chicago Title
Aspen Apartments Llc -- None Listed On Document
Spivak Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jachymiak James $189,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $177,750 0.0% $101 / Sq Ft
09/28/2022 09/28/22 For Sale $177,750 -- $101 / 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 $3,366 $172,000 $25,300 $146,700
2023 $3,326 $166,300 $24,000 $142,300
2022 $2,604 $130,200 $24,000 $106,200
2021 $2,454 $120,700 $24,000 $96,700
2020 $2,318 $113,900 $21,900 $92,000
2019 $2,318 $113,900 $21,900 $92,000
2018 $2,220 $109,000 $21,900 $87,100
2017 $2,160 $106,000 $21,900 $84,100
2016 $2,070 $101,500 $20,000 $81,500
2014 $2,120 $104,000 $20,100 $83,900
2013 -- $104,000 $20,100 $83,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR520449

Northwest Indiana Association of REALTORS®

APN: 64-05-23-155-016.000-016