NOT LISTED FOR SALE

5918 Marbella Ave Portage, IN 46368

Estimated Value: $258,000 - $295,000

4 Beds
2 Baths
1,840 Sq Ft
$147/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $161,000 $88 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,807/month

Highlights

  • 2 Car Attached Garage
  • Laundry Facilities
  • Community Deck or Porch
  • Handicap Accessible

About This Home

As of November 2018

TURN-KEY INVESTMENT OPPORTUNITY - 2 Unit, Ranch Duplex in PRISTINE CONDITION, situated in PRIME LOCATION, across from Meijer, just North of Rt6! Landlord has left One Side Vacant for New Owner to decide - Live in One Unit and rent out the Other or rent Both Units for a GREAT RETURN! Each Side has 2Bdrms/1Bth, 1 Car Attchd Grg, Spacious Living Rm, Eat-in Kitchen, & Separate Utility Room w/ Laundry Hook-up. Just Vacated Unit has been FRESHLY PAINTED w/ White Trim and Gray Neutral Paint Palette. UPDATED, Wood Laminate Flrng runs throughout Both Units = NO CARPETING for EASY MAINTENANCE! Large Bdms include Master Bdrm w/ Slider to Private Deck in Each Unit. Tenants pay Nipsco w/ Separate Forced Air Furnace and Central A/C Units, which appear NEWER. Architectural Shingled Roof replaced within the past 8Yrs. Both Units come equipped with Stove/Refrigerator. Current Landlord says Units are EASY to RENT at $875/Month w/ Tenant covering Nipsco and Water. RUN THE NUMBERS - NO-BRAINER!

Last Agent to Sell the Property

Lisa Thompson

@properties/Christie's Intl RE License #RB14031377 Listed on: 11/14/2018

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1986

Lot Details

  • 10,454

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • 1,840 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Handicap Accessible
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 640523476007000016

Community Details

Overview

  • 2 Units
  • Villa Manor Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,822

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1986
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Barrier Fee Access, Deck/Patio, Laundry
  • Co List Office Mls Id: GNR230
  • Subdivision Name: Villa Manor
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.24

Garage/Parking

  • Garage Spaces: 2
  • Open Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Lot Info

  • Lot Size Sq Ft: 10454
  • ResoLotSizeUnits: Acres
  • Parcel #: 640523476007000016
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
Popivoda Aleksandar and Kominski Mata
Bought by
Royalhome Properties Llc
Current Estimated Value
$271,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2021
Sold by
Hilton William
Bought by
Popivoda Aleksandar and Kommineni Maya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 4, 2018
Sold by
Barnett James and Rediehs John W
Bought by
Hilton William L
Seller's Agent
Lisa Thompson
@properties/Christie's Intl RE
List Price
$161,000
Sold Price
$161,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$120,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2013
Sold by
Rediehs John W
Bought by
Barnett James

Purchase Details

Closed on
Dec 28, 2012
Sold by
Marilyn G Ingram Living Trust
Bought by
Rediehs John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1996
Sold by
Ingram Ora L and Ingram Marilyn G
Bought by
Ingram Marilyn G and Ingram Ora L
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
Royalhome Properties Llc -- None Available
Popivoda Aleksandar $460,000 Mtc
Hilton William L -- Chicago Title Ins Co
Barnett James -- None Available
Rediehs John W -- None Available
Ingram Marilyn G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Popivoda Aleksandar $207,000
Previous Owner Hilton William L $120,750
Previous Owner Rediehs John W $102,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2018 11/14/18 Sold $161,000 0.0% $88 / Sq Ft
11/14/2018 11/14/18 For Sale $161,000 -- $88 / 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 $4,436 $226,900 $33,300 $193,600
2023 $3,898 $219,800 $32,100 $187,700
2022 $3,858 $192,900 $32,100 $160,800
2021 $3,436 $169,800 $32,100 $137,700
2020 $3,026 $149,300 $29,200 $120,100
2019 $3,026 $149,300 $29,200 $120,100
2018 $2,898 $142,900 $29,200 $113,700
2017 $2,822 $139,100 $29,200 $109,900
2016 $2,836 $139,800 $30,500 $109,300
2014 $2,816 $138,800 $30,600 $108,200
2013 -- $138,900 $30,600 $108,300
Source: Public Records

Agents Affiliated with this Home

  • Lisa Thompson

    Seller's Agent in 2018

    Lisa Thompson

    @ Properties

    (219) 617-5884

    10 in this area

    552 Total Sales

    Lisa Thompson
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR446083

Northwest Indiana Association of REALTORS®

APN: 64-05-23-476-007.000-016

Indiana Porter County Portage 46368

5918 Marbella Ave, Portage, IN

This home is located at 5918 Marbella Ave, Portage, IN 46368 since 14 November 2018 and is currently estimated at $271,112, approximately $147 per square foot. This property was built in 1986. 5918 Marbella Ave is a home located in Porter County with nearby schools including Central Elementary School, William Fegely Middle School, and Portage High School.

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Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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