NOT LISTED FOR SALE
7 Beds
6 Baths
5,220 Sq Ft
7,405 Sq Ft Lot

Last Sold March 01, 2013

Last sale price $207,800 $40 Per Sq Ft

320 Days on Market

About This Home

As of March 2013

ATTENTION INVESTORS: 3-Story, ALL BRICK FIVE-Unit w/ GREAT INCOME! RARE FIND: Well Maintained Building w/ SEPARATE UTILITIES and Great Rental History! Current Income OVER $34,000/YR w/ Rents NOT MAXIMIZED! TURN-KEY OPPORTUNITY to start or add to Your Investment Portfolio. 3Bdrm/2Bth Main Flr Unit would be PERFECT as an OWNER'S UNIT. 2nd and 3rd Floors have (2) One Bdrm Units for a Total of 5 Units. Main Flr has Coin-op Washer/Dryer for EXTRA INCOME. 5 NEWER Boilers and 75 Gallon HWH. Roof has been replaced w/in the past 10Yrs. Each Unit comes equipped w/ Stove, Refrigerator, and A/C Window Unit. TENANTS PAY OWN GAS/ELECTRIC! Six Parking Spaces; One Designated for Each Unit and Two Spaces for the Owner's Unit. CERAMIC TILE in Kitchens, Hallways, and Bthrms. SECURITY DEPOSITS on All Units. YEARLY LEASES in place on All Units.

Last Agent to Sell the Property

Lisa Thompson

@properties/Christie's Intl RE License #RB14031377 Listed on: 03/19/2012

@properties/Christie's Intl RE

Last Buyer's Agent

Lisa Thompson

@properties/Christie's Intl RE License #RB14031377 Listed on: 03/19/2012

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Brick Foundation

Interior Spaces

  • 7 Bedrooms
  • 5,220 Sq Ft Home
  • Elevator

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $33,120
  • Rent includes trash collection, water
  • Assessor Parcel Number 450710300200400002

Community Details

Overview

  • 5 Units
  • Parrish Park Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $1,140
  • Insurance Expense $2,000
  • Trash Expense $800
  • Water Sewer Expense $280
  • New Taxes Expense $5,109
  • Gross Income $600
  • Net Operating Income $23,711

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1977
  • ResoLaundryFeatures: Common Area
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Parrish Park
  • WaterExpense: 280.00
  • SewerExpense: 280.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement YN: No
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.17
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street, Other
  • Total Parking Spaces: 6

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Individual Units, Unit Control, Wall/Window Unit(s)
  • Heating: Hot Water, Individual Unit, Natural Gas, Unit Control
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other, Trash Collection, Water

Fee Information

  • Trash Expense: 800

Schools

  • Junior High Dist: Hammond

Lot Info

  • Lot Dimensions: .17 Acre
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres
  • Parcel #: 450710300200400002
  • ResoLotSizeUnits: Acres

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 1140
  • Annual Gross Income: 600
  • Insurance Expense: 2000
  • Total Actual Rent: 33120

Tax Info

  • New Taxes Expense: 5109
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2013 03/01/13 Sold $207,800 0.0% $40 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
03/19/2012 03/19/12 For Sale $207,800 -- $40 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $6,913 $324,500 $24,500 $300,000
2024 $10,649 $324,200 $24,500 $299,700
2023 $6,153 $222,800 $24,500 $198,300
2022 $6,153 $229,600 $23,400 $206,200
2021 $5,749 $212,100 $23,400 $188,700
2020 $5,566 $203,900 $23,400 $180,500
2019 $6,982 $218,800 $23,400 $195,400
2018 $7,771 $241,900 $23,400 $218,500
2017 $8,214 $223,200 $23,400 $199,800
2016 $6,871 $215,000 $23,400 $191,600
2014 $6,293 $200,900 $23,800 $177,100
2013 $5,619 $189,500 $23,800 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 303921

Northwest Indiana Association of REALTORS®
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