NOT LISTED FOR SALE

661 Franklin St Chesterton, IN 46304

Estimated Value: $242,000 - $397,360

4 Beds
2 Baths
1,872 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $205,000 $110 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,156/month

14 Days on Market

Highlights

  • 1.56 Acre Lot
  • Pond
  • Ranch Style House
  • Westchester Intermediate School Rated A-
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of August 2022

This sprawling ranch is on an amazing lot and includes an unfinished basement with nine foot ceilings. It sits on 1.56 acres with a pond and is next to the Little Calumet River. If you hurry, the salmon are running now. The house was in the process of being remodeled and will need to be finished. There is no deck on the back of the home and the yard has been dug out for a walk out basement. This will need to be completed, so be careful when viewing. The owners have replaced the furnace and there is a new air conditioner that needs to be connected. The bamboo floors in the living room are new. There is another 3/4 bath that could be completed in the laundry room. Lots of possibilities with this fixer upper! Seller is selling as-is and will do no repairs.

Last Agent to Sell the Property

Paul Boyter

McColly Real Estate License #RB14020663 Listed on: 04/28/2022

McColly Real Estate

Last Buyer's Agent

Melody Neagu

McColly Real Estate License #RB14025414

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1998

Lot Details

  • 1.56 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Pond
  • Creek On Lot
  • Covered Patio or Porch

Utilities

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

Community Details

  • Waverly Acres Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 640336101008000026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,948

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Creek/Stream, Landscaped, Paved Road, Pond(s), Sloped, Wooded
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR266
  • Subdivision Name: Waverly Acres Add
  • Architectural Style: Hillside Ranch
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 1872
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Cathedral/Vaulted Ceiling, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 1.56

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Lot Info

  • Lot Dimensions: 1.56 Acres
  • Lot Size Sq Ft: 67954
  • Parcel #: 640336101008000026

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2948

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Aug 12, 2022
Sold by
Patrick Cruickshank
Bought by
Sheppard Michael M
Seller's Agent
Paul Boyter
McColly Real Estate
Buyer's Agent
Melody Neagu
McColly Real Estate
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$334,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,999
Avg. Annual Appreciation
17.46%
Original Mortgage
$179,057
Outstanding Balance
$172,331
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$159,918

Purchase Details

Listed on
Aug 22, 2017
Closed on
Jul 24, 2018
Sold by
Wilmington Fund Socirty Fsb
Bought by
Cruickshank Patrick and Sullivan Chkristne
Seller's Agent
Tiffany Schuck
Vylla Home
Buyer's Agent
Jeffrey Lyons
The Lyons Group Real Estate
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$108,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2017
Sold by
Graham Gene and Rodriguez Graham Angie
Bought by
Wilmington Savings Fund Society Fsb and Stanwich Mortgage Loan Trust

Purchase Details

Closed on
Apr 29, 2005
Sold by
Graham Gene and Graham Angie
Bought by
Graham Gene and Rodriguez Graham Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2005
Sold by
Thompson Randy and Thompson Michelle
Bought by
Graham Gene and Graham Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Sheppard Michael M -- None Listed On Document
Cruickshank Patrick $135,000 None Available
Wilmington Savings Fund Society Fsb -- None Available
Graham Gene -- Ticor Title Ins Co
Graham Gene -- Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard Michael M $179,057
Closed Sheppard Michael M $179,057
Previous Owner Cruickshank Patrick $108,000
Previous Owner Graham Gene $200,000
Previous Owner Graham Gene $178,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $205,000 0.0% $110 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $205,000 +51.9% $110 / Sq Ft
09/04/2018 09/04/18 Sold $135,000 0.0% $36 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
08/22/2017 08/22/17 For Sale $135,000 -- $36 / 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 $3,869 $356,700 $47,800 $308,900
2023 $3,578 $339,000 $39,400 $299,600
2022 $3,558 $317,300 $39,400 $277,900
2021 $3,226 $286,500 $39,400 $247,100
2020 $2,948 $263,100 $34,200 $228,900
2019 $2,485 $222,400 $34,200 $188,200
2018 $4,910 $219,000 $34,200 $184,800
2017 $2,784 $223,500 $34,200 $189,300
2016 $2,642 $226,400 $39,000 $187,400
2014 $2,388 $206,100 $35,200 $170,900
2013 -- $198,700 $36,000 $162,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR511486

Northwest Indiana Association of REALTORS®

APN: 64-03-36-101-008.000-026