NOT LISTED FOR SALE

Estimated Value: $174,000 - $299,000

3 Beds
1 Bath
1,608 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $75,000 $47 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,659/month

276 Days on Market

Highlights

  • 2 Acre Lot
  • Recreation Room
  • Cooling Available
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Living Room

About This Home

As of September 2017

SHORT SALE! Great investment opportunity either as a primary residence, fix and flip or a rental property!! Home needs some updates but has lots of potential, offering 3 bedrooms, 1 bath, hardwood floors thru out, two family rooms and the home sits on 2 acres of privacy. This 1 1/2 story home is within close proximity of hospital, schools, and I-65 making any commute fast and easy. Call and schedule your private showing!!

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 12/10/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 2 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,608 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Storage Shed

Schools

  • Hobart High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451308101011000046

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped, Paved Road
  • ResoOtherEquipment: Cable TV Hookup, None
  • Co List Office Mls Id: GNR1136
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: N/A
  • Architectural Style: Cape Cod
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 667
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Storage Shed
  • Acres: 2

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 87120
  • ResoLotSizeUnits: Acres
  • Parcel #: 451308101011000046
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2672

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Hobart High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2016
Closed on
Sep 29, 2017
Sold by
Balash Earl E and Balash Sandra E
Bought by
Scherman John
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$230,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,519
Avg. Annual Appreciation
15.03%
Original Mortgage
$72,750
Outstanding Balance
$60,832
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$169,687
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
Scherman John -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherman John $72,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $75,000 0.0% $47 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
12/10/2016 12/10/16 For Sale $75,000 -- $47 / 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 $5,187 $163,100 $38,700 $124,400
2023 $1,389 $162,400 $38,000 $124,400
2022 $1,389 $141,400 $27,800 $113,600
2021 $1,193 $121,600 $25,500 $96,100
2020 $1,086 $114,600 $24,000 $90,600
2019 $1,202 $113,800 $23,800 $90,000
2018 $1,201 $110,800 $23,800 $87,000
2017 $2,965 $110,300 $23,800 $86,500
2016 $2,777 $110,500 $22,900 $87,600
2014 $2,745 $109,700 $22,900 $86,800
2013 $2,935 $109,500 $24,300 $85,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR405748

Northwest Indiana Association of REALTORS®

APN: 45-13-08-101-011.000-046