Seller's Agent in 2021
Denise Acevedo
Advanced Real Estate, LLC
(219) 766-5149
1 in this area
20 Total Sales
709 E Elm St Griffith, IN 46319
Estimated Value: $337,254 - $420,000
7
Beds
3
Baths
4,043
Sq Ft
$92/Sq Ft
Est. Value
Highlights
- Deck
- 2 Car Detached Garage
- Outdoor Storage
- Wood Flooring
- Patio
- 4-minute walk to Cheever Park
About This Home
As of September 2021All brick building, fully rented, triplex is located on a large corner lot and features 1-1 bedroom unit and 2-3 bedroom/1 bath units all with large eat-in-kitchens, large living rooms and large spacious bedrooms. Add'l features include partial basement w/storage space, coin operated washer and dryer (3rd party owned and managed), detached 2 car garage for extra income earning potential. This property has add'l off street parking, a large patio & covered porch with partially fenced yard, Each unit is separately metered and each unit has their own boiler for radiant heat.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,816
Year Built
- Built in 1960
Lot Details
- 7,797 Sq Ft Lot
- Lot Dimensions are 124x63
- Fenced
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Brick Foundation
Interior Spaces
- 4,043 Sq Ft Home
- Elevator
- Basement
Flooring
- Wood
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Deck
- Patio
- Outdoor Storage
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Radiant Heating System
Listing and Financial Details
- Total Actual Rent $30,300
- Tenant pays for electricity, gas
- The owner pays for sewer, water
- Rent includes trash collection, water
- Assessor Parcel Number 450735403001000006
Community Details
Overview
- 3 Units
- Town/Griffith Subdivision
Building Details
- Insurance Expense $2,083
- Trash Expense $528
- Water Sewer Expense $1,545
- New Taxes Expense $4,971
- Gross Income $1,650
- Net Operating Income $18,504
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2021
Closed on
Sep 9, 2021
Sold by
709 E Elm Llc
Bought by
Killian Armen S and Killian Lucin A
Seller's Agent
Denise Acevedo
Advanced Real Estate, LLC
Buyer's Agent
Giorgios Karayannis
@properties/Christie's Intl RE
List Price
$295,000
Sold Price
$295,000
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,564
Avg. Annual Appreciation
6.51%
Original Mortgage
$221,250
Outstanding Balance
$203,503
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$169,061
Purchase Details
Closed on
Feb 6, 2020
Sold by
Morrison Susan and Seger Karl
Bought by
709 E Elm Llc
Purchase Details
Listed on
Oct 4, 2016
Closed on
Mar 22, 2017
Sold by
Bradach Jeffery J
Bought by
Morrison Susan and Seger Karl
Seller's Agent
Lynn Palmer
McColly Real Estate
List Price
$225,000
Sold Price
$225,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$168,750
Interest Rate
4.16%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Killian Armen S | $295,000 | Fidelity National Title | |
| 709 E Elm Llc | -- | None Available | |
| Morrison Susan | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Killian Armen S | $221,250 | |
| Previous Owner | Morrison Susan | $168,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2021 09/10/21 | Sold | $295,000 | 0.0% | $73 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 05/14/2021 05/14/21 | For Sale | $295,000 | +31.1% | $73 / Sq Ft |
| 03/31/2017 03/31/17 | Sold | $225,000 | 0.0% | $56 / Sq Ft |
| 03/01/2017 03/01/17 | Pending | -- | -- | -- |
| 10/04/2016 10/04/16 | For Sale | $225,000 | -- | $56 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $10,816 | $350,300 | $34,800 | $315,500 |
| 2023 | $7,116 | $330,200 | $34,800 | $295,400 |
| 2022 | $7,116 | $306,400 | $34,800 | $271,600 |
| 2021 | $5,262 | $263,100 | $25,400 | $237,700 |
| 2020 | $5,212 | $260,600 | $25,400 | $235,200 |
| 2019 | $4,971 | $246,300 | $21,300 | $225,000 |
| 2018 | $5,106 | $207,800 | $20,300 | $187,500 |
| 2017 | $5,598 | $208,400 | $20,300 | $188,100 |
| 2016 | $5,908 | $208,200 | $20,300 | $187,900 |
| 2014 | $5,725 | $196,600 | $20,300 | $176,300 |
| 2013 | $5,688 | $189,900 | $20,300 | $169,600 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Acevedo
-
Giorgios Karayannis
Buyer's Agent in 2021
Giorgios Karayannis
@ Properties
(219) 805-6754
2 in this area
83 Total Sales
-
Lynn Palmer
Seller's Agent in 2017
Lynn Palmer
McColly Real Estate
(219) 746-0284
3 in this area
197 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 493087
APN: 45-07-35-403-001.000-006
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