$225,000
SOLD MAR 31, 2017

709 E Elm St Griffith, IN 46319

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

Recently Sold

$56 Per Sq Ft

148 Days on Market

About This Home

As of September 2021

Located in SOUTH GRIFFITH this fully rented brick/stone triplex is located in a neighborhood of mostly single family homes on a large corner lot. Features include 2-3 bedroom/1 bath units, 1-1 bedroom/1 bath unit all w/large eat-in kitchens (to include appliances) & spacious formal living rooms. Add'l features include partial basement w/storage space & coin operated laundry, detached 2 car garage (also fully rented), add'l off street parking, large patio & covered porch. Each unit is separately metered and has an independent boiler system for heat & wall A/C units for cooling. With approximately 1470 square feet per floor this building will provide the space to keep your renters satisfied! Current rental rates are $850/month per 3 bedroom unit & $595 for the lower unit. Become an owner occupant to LOWER taxes! Improvements in the last few years include a NEW ROOF, GUTTERS & FRONT/ REAR PORCHES! While many updates have been made, list price leaves room for paint & personal touches.

Last Agent to Sell the Property

Lynn Palmer

McColly Real Estate License #RB14024982

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,171

Year Built

  • Built in 1960

Lot Details

  • 7,797 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • 4,043 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 450735403001000006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,171

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Co List Office Mls Id: GNR121
  • Subdivision Name: none
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Acres: 0.179

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street

Schools

  • Junior High Dist: Griffith

Lot Info

  • Lot Size Sq Ft: 7797
  • ResoLotSizeUnits: Acres
  • Parcel #: 450735403001000006
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5171

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
148
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
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 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: GNR402247

Northwest Indiana Association of REALTORS®

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