$49,000
SOLD FEB 23, 2015
3 Beds
2 Baths
1,800 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

113 Days on Market

Highlights

  • Recreation Room
  • Cooling Available
  • Dining Room
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of September 2015

Classic bi-level located in Hobart one car garage partial finished basement corner lot with fenced yard minor repairs needed cash or rehab loans only. This property is a REO subject to sellers first look initiative which allows for OWNER OCCUPANT OFFERS ONLY the first 20 days of the listing which expires 10/26/14. Write all offers subject to buyers review and acceptance of sellers as is addendums example attached to listing. Closing time frames cash 30 days, conventional 45 and FHA 60 include a copy of lender prequalification or proof of funds include a COPY OF A CASHIERS CHECK for earnest money all offers subject to sellers management approval allow ample counter offer response times email offers to broker indicate if owner occupant of investor. BUYER IS RESPONSIBLE FOR ALL INSPECTIONS AND ASSOCIATED INSPECTION COSTS

Last Listed By

Edd Riley

Vail Realty License #RB14015646 Listed on: 10/06/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x125

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Multi-Level Property
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Patzel Lakeview Subdivision
  • Net Lease

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 450931409010000018

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Co List Office Mls Id: GNR424
  • Subdivision Name: PATZEL LAKEVIEW
  • Architectural Style: Multi-Level
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: Yes
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: FP Living/Great Room
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Other
  • Acres: 0.16

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 60x125
  • Lot Size Sq Ft: 6970
  • ResoLotSizeUnits: Acres
  • Parcel #: 450931409010000018
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2015

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Sep 25, 2015
Sold by
Neighborhood Investments Llc
Bought by
Mejia Joe Lopez and Mejia Heather Marie
Seller's Agent
Julie Degnan
Banga Realty, LLC
Buyer's Agent
Patricia McCoy
Patricia McCoy Realty
List Price
$147,500
Sold Price
$147,500
Total Days on Market
113
Current Estimated Value
$256,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,572
Avg. Annual Appreciation
5.54%
Original Mortgage
$144,827
Outstanding Balance
$118,046
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$130,965

Purchase Details

Listed on
Oct 6, 2014
Closed on
Feb 3, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Neighborhood Investments Llc
Seller's Agent
Edd Riley
Vail Realty
List Price
$49,000
Sold Price
$49,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
547.41%

Purchase Details

Closed on
Dec 23, 2013
Sold by
Quillen James and Quillen Helen E
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Meridian Title Corp
Special Warranty Deed -- Statewide Title Co Inc
Sheriffs Deed $48,911 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,827 FHA
Previous Owner $120,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $147,500 0.0% $82 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $147,500 +201.0% $82 / Sq Ft
02/23/2015 02/23/15 Sold $49,000 0.0% $27 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $49,000 -- $27 / 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 $8,152 $206,900 $17,200 $189,700
2023 $2,365 $199,700 $17,200 $182,500
2022 $2,255 $187,200 $17,200 $170,000
2021 $2,044 $168,800 $13,100 $155,700
2020 $2,044 $169,500 $13,100 $156,400
2019 $2,152 $161,200 $13,100 $148,100
2018 $2,145 $149,900 $13,100 $136,800
2017 $2,164 $149,800 $13,100 $136,700
2016 $2,098 $148,500 $13,100 $135,400
2014 $3,835 $131,300 $13,100 $118,200
2013 $1,781 $137,300 $13,100 $124,200
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR359759

Northwest Indiana Association of REALTORS®

APN: 45-09-31-409-010.000-018