NOT LISTED FOR SALE

5628 E 5th Place Gary, IN 46403

Miller Neighborhood

Estimated Value: $59,000 - $183,000

6 Beds
3 Baths
2,534 Sq Ft
$47/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $17,000 $7 Per Sq Ft

Est. 596% increase in value since last sale

Current estimated payment $840/month

41 Days on Market

About This Home

As of March 2012

Good income property. This is a 2 unit income property, (2 three bedroom units with a non conforming studio apartment in the basement). Storage area in basement for each unit. Laundy hook up in basement where coin operated machines can be installed.

Last Agent to Sell the Property

Michael Mortimer

RE/MAX RESULTS License #RB14027452 Listed on: 01/19/2012

RE/MAX RESULTS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,184 Sq Ft Lot

Home Design

  • 2,534 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Chas F. Blanks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450906401006000004

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: Chas F. Blanks
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.119

Garage/Parking

  • Parking Features: None

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Size Sq Ft: 5184
  • Parcel #: 450906401006000004

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2012
Sold by
Phoenix Investment Holdings 2 Llc
Bought by
Blue Devil Llc
Current Estimated Value
$118,266

Purchase Details

Listed on
Jan 19, 2012
Closed on
Mar 30, 2012
Sold by
First National Bank Of Illinois
Bought by
Phoenix Investment Holdings 2 Llc
Seller's Agent
Michael Mortimer
RE/MAX RESULTS
List Price
$17,000
Sold Price
$17,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
Sep 2, 2011
Sold by
Watkins C Allen C and Watkins Allen
Bought by
First National Bank Of Illinois

Purchase Details

Closed on
Jul 22, 2009
Sold by
Watkins C Allen C and Watkins Allen
Bought by
First National Bank Of Illinois

Purchase Details

Closed on
Feb 13, 2008
Sold by
North Star Trust Co
Bought by
Watkins Allen and Allen Watkins C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2006
Sold by
East 5Th Place Family Trust #0429562805
Bought by
Mercantile National Bank In Trust #6796

Purchase Details

Closed on
May 6, 2005
Sold by
Abc Property Management Llc
Bought by
East 5Th Place Family Trust 0429562805
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blue Devil Llc -- Meridian Title Corp
Phoenix Investment Holdings 2 Llc -- Fidelity National Title Co
First National Bank Of Illinois $22,500 None Available
First National Bank Of Illinois -- None Available
Watkins Allen -- Chicago Title Insurance Co
Mercantile National Bank In Trust #6796 -- None Available
Mercantile National Bank Of Indiana Trus -- None Available
East 5Th Place Family Trust 0429562805 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins Allen $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $17,000 0.0% $7 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $17,000 -- $7 / 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
2025 $2,738 $124,600 $6,200 $118,400
2024 $9,364 $116,000 $6,200 $109,800
2023 $1,884 $106,200 $6,200 $100,000
2022 $1,884 $73,200 $6,100 $67,100
2021 $1,731 $67,200 $6,100 $61,100
2020 $1,682 $65,300 $6,100 $59,200
2019 $1,375 $65,300 $6,100 $59,200
2018 $1,455 $65,300 $6,100 $59,200
2017 $1,496 $66,000 $6,100 $59,900
2016 $1,535 $68,800 $6,100 $62,700
2014 $1,624 $69,000 $6,600 $62,400
2013 $1,508 $66,700 $6,700 $60,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Mortimer

    RE/MAX

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR300286

Northwest Indiana Association of REALTORS®

APN: 45-09-06-401-006.000-004

Indiana Lake County Gary 46403 Miller

5628 E 5th Place, Gary, IN

Not Listed for Sale

MultiFamily

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