NOT LISTED FOR SALE

68-70 Mckinley Ave New Chicago, IN 46342

Estimated Value: $105,000 - $173,716

4 Beds
2 Baths
1,403 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $89,000 $63 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $919/month

120 Days on Market

About This Home

As of August 2018

Great income opportunity. Each unit has 2 bedrooms, 1 bath with spacious open concept in kitchen, living room area. Very nice sized yard. These units are very well kept and updated. Rents can be much higher if new owner chooses to increase them. Great convenient location.

Last Agent to Sell the Property

Lisa Zieminski

McColly Real Estate License #RB14049000 Listed on: 03/27/2018

McColly Real Estate

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,199

Year Built

  • Built in 1900

Lot Details

  • 1,263 Sq Ft Lot
  • Lot Dimensions are 100x124

Interior Spaces

  • 1,403 Sq Ft Home
  • 1-Story Property
  • Elevator

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $14,400
  • Tenant pays for electricity, water, sewer, gas
  • Assessor Parcel Number 450919303030000022

Community Details

Overview

  • 2 Units
  • New Chicago Add 05 Subdivision

Building Details

  • New Taxes Expense $2,826
  • Net Operating Income $11,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,199

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Reso Property Sub Type: Duplex
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA102
  • Subdivision Name: New Chicago Add 05
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 1
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Flooring: Carpet, Linoleum
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.029
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Sewer Available, Natural Gas Available
  • Water Source: Public

Schools

  • Junior High Dist: River Forest

Lot Info

  • Lot Dimensions: 100x124
  • Lot Size Sq Ft: 1263
  • Parcel #: 450919303030000022

Rental Info

  • Tenant Pays: Electricity, Water, Sewer, Gas
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 14400

Tax Info

  • New Taxes Expense: 2826

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Rodriguez David
Bought by
Roc Realty
Current Estimated Value
$141,929

Purchase Details

Listed on
Mar 27, 2018
Closed on
Aug 24, 2018
Sold by
Rms Llc
Bought by
Rodriguez David
Seller's Agent
Lisa Zieminski
McColly Real Estate
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$89,000
Sold Price
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2013
Sold by
Valadez Ronny B
Bought by
Rms Llc

Purchase Details

Closed on
May 26, 2005
Sold by
Ragsdale Timothy
Bought by
Valadez Ronney B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
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
Roc Realty -- None Listed On Document
Rodriguez David -- Community Title Co
Rms Llc -- None Available
Valadez Ronney B -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez David $82,600
Previous Owner Rodriguez David $66,750
Previous Owner Valadez Ronney B $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $89,000 0.0% $63 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $89,000 -- $63 / 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 $5,199 $129,600 $25,700 $103,900
2023 $3,579 $120,900 $20,800 $100,100
2022 $3,579 $112,200 $14,300 $97,900
2021 $3,238 $101,500 $11,900 $89,600
2020 $3,078 $99,600 $11,900 $87,700
2019 $2,940 $93,700 $11,900 $81,800
2018 $2,796 $90,000 $11,900 $78,100
2017 $2,798 $88,700 $11,900 $76,800
2016 $2,801 $87,600 $11,900 $75,700
2014 $2,608 $90,600 $11,900 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 431696

Northwest Indiana Association of REALTORS®

APN: 45-09-19-303-036.000-022