$295,000
SOLD SEP 10, 2021

709 E Elm St Griffith, IN 46319

7 Beds
3 Baths
4,043 Sq Ft
7,797 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

11 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Outdoor Storage
  • Wood Flooring
  • Patio
  • 4-minute walk to Cheever Park

About This Home

As of September 2021

All 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.

Last Agent to Sell the Property

Denise Acevedo

Advanced Real Estate, LLC License #RB14032946

Last Buyer's Agent

Giorgios Karayannis

@properties/Christie's Intl RE License #RB18001251

@properties/Christie's Intl RE

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,816

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Road Surface Type: Concrete
  • Professional Management Expense: 3085
  • Co List Office Mls Id: NRA1984
  • Subdivision Name: Town/Griffith
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Partial, Sump Pump
  • Flooring: Carpet, Hardwood, Linoleum
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Fencing: Fenced
  • Acres: 0.179
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Off Street
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Fee Information

  • Trash Expense: 528

Lot Info

  • Lot Dimensions: 124x63
  • Lot Size Sq Ft: 7797
  • Parcel #: 450735403001000006

Rental Info

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

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 1650
  • Insurance Expense: 2083
  • Total Actual Rent: 30300

Tax Info

  • New Taxes Expense: 4971

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
$372,564

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

Map

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 Type Sale Price Title Company
Warranty Deed $295,000 Fidelity National Title
Quit Claim Deed -- None Available
Warranty Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $221,250 New Conventional
Previous Owner $168,750 New Conventional
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

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

Source: Northwest Indiana Association of REALTORS®

MLS Number: 493087

Northwest Indiana Association of REALTORS®

APN: 45-07-35-403-001.000-006

Indiana Lake County Griffith 46319

709 E Elm St, Griffith, IN

Homes for Sale in Griffith, IN

This home is located at 709 E Elm St, Griffith, IN 46319 and is currently priced at $295,000, approximately $72 per square foot. This property was built in 1960. 709 E Elm St is a home located in Lake County with nearby schools including Griffith Senior High School, St Mary School, and Calumet Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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