$260,000
UNDER CONTRACT $60K PRICE DROP

Estimated payment $1,801/month

Total Views 25,753
5 Beds
4 Baths
3,724 Sq Ft
$70 Price per Sq Ft

Highlights

  • Corner Lot
  • Neighborhood Views
  • Forced Air Heating and Cooling System
  • No HOA
  • Home Security System
  • 1-Story Property

About This Home

Two rented apartments plus owner operated tavern with 3 way license. Large corner lot with room to develope a beer garden and a parking lot. Cash or commercial mortgage required. SBA possibly, or an equity loan against an already owned property. No FHA nor VA possible. Leases are verbal month to month with no security deposits. For more information, please see Commercial Listing # 804933

Listing Agent

John Jurisa

Weichert, Realtors-Moke Agency License #RB14015060 Listed on: 06/06/2024

Weichert, Realtors-Moke Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,525

Year Built

  • Built in 1946

Lot Details

  • 8,668 Sq Ft Lot
  • Lot Dimensions are 58 x 150
  • Vinyl Fence
  • Chain Link Fence
  • Back Yard Fenced
  • Corner Lot

Parking

  • 10 Parking Spaces

Interior Spaces

  • 3,724 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 450704454001000023

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Turner Meyn Park Subdivision

Building Details

  • Electric Expense $6,000
  • Fuel Expense $6,000
  • Insurance Expense $2,000
  • Water Sewer Expense $1,440
  • New Taxes Expense $4,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,525

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1946
  • Reso Property Sub Type: Triplex
  • Road Frontage Type: See Remarks
  • ResoLotFeatures: Back Yard, Rectangular Lot, Private, Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Reso View: Neighborhood
  • ResoSecurityFeatures: Security Lights, Smoke Detector(s), Security System
  • Co List Office Mls Id: NRA769
  • Subdivision Name: Turner Meyn Park
  • Above Grade Finished Sq Ft: 3724
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • ResoWindowFeatures: Insulated Windows
  • Financial Info Electric: 200+ Amp Service, Separate Meters, Circuit Breakers, 220 Volts
  • WaterExpense: 1440.00
  • NumberOfStores: 1
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Entrance Foyer, Open Floorplan
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Exterior Features: Lighting, Private Yard
  • Fencing: Back Yard, Partial, Vinyl, Fenced, Chain Link
  • Acres: 0.199
  • Waterfront: No
  • Foundation Details: Concrete Perimeter, Slab
  • Reso Roof: Other

Garage/Parking

  • Parking Features: Alley Access, On Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Water Connected, Natural Gas Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Suburban, Sidewalks
  • HOA Rent Includes: See Remarks, Sewer, Water
  • Association: No

Fee Information

  • Annual Fuel Expense: 6000

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: 58 X 150
  • Lot Size Sq Ft: 8668
  • Additional Parcels: No
  • Parcel #: 450704454001000023
  • Zoning Description: Mixed Use

Rental Info

  • Tenant Pays: See Remarks
  • Owner Pays: Common Area Maintenance, Snow Removal, Water, Trash Collection, Taxes, Exterior Maintenance, Sewer, See Remarks, Roof Maintenance, Other, Insurance, HVAC Maintenance

Tax Info

  • Year: 2024
  • New Taxes Expense: 4525
  • Tax Annual Amount: 4525

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 6000
  • Insurance Expense: 2000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,161 $127,100 $36,800 $90,300
2023 $4,103 $128,900 $36,800 $92,100
2022 $4,164 $131,200 $35,400 $95,800
2021 $3,567 $110,600 $35,400 $75,200
2020 $3,489 $107,400 $35,400 $72,000
2019 $4,708 $103,600 $35,400 $68,200
2018 $4,457 $100,600 $35,400 $65,200
2017 $4,350 $97,100 $35,400 $61,700
2016 $3,796 $94,800 $35,400 $59,400
2014 $3,525 $96,000 $35,400 $60,600
2013 $3,323 $94,800 $35,400 $59,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $260,000 -7.1% $70 / Sq Ft
04/17/2025 04/17/25 Off Market $279,900 -- --
04/03/2025 04/03/25 Price Changed $279,900 -12.5% $75 / Sq Ft
06/06/2024 06/06/24 For Sale $320,000 -- $86 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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Source: Northwest Indiana Association of REALTORS®

MLS Number: 804936

Northwest Indiana Association of REALTORS®

APN: 45-07-04-454-001.000-023