NOT LISTED FOR SALE

711 N Matheson Ave Rensselaer, IN 47978

Estimated Value: $141,000 - $176,623

4 Beds
3 Baths
1,990 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $102,000 $51 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $981/month

161 Days on Market

Highlights

  • Handicap Accessible
  • Van Rensselaer Elementary School Rated 9+
  • Community Storage Space

About This Home

As of September 2020

Reduced by 10k! Great income property! This 3 unit building in Rensselaer is completely rented. This building offers (2) 1 bedroom units as well as (1) 2 bedroom unit. Each unit comes with a gas range stove and fridge.If you've always wanted to add a nice rental property to your portfolio, here it is!

Last Agent to Sell the Property

Dan Walstra

Countryside Realty License #RB14027366 Listed on: 03/11/2020

Countryside Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 1974

Lot Details

  • 10,585

Home Design

  • 1,990 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Open Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Additional Features

  • Handicap Accessible
  • 10,585 Sq Ft Lot

Community Details

  • 3 Units
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 0180224300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,240

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Barrier Fee Access, Laundry/Some Units, Storage Shed
  • Co List Office Mls Id: GNR844
  • Subdivision Name: N/A
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.243

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: Off Street

Schools

  • Junior High Dist: Rensselaer Central

Lot Info

  • Lot Size Sq Ft: 10585
  • ResoLotSizeUnits: Acres
  • Parcel #: 0180224300
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Sep 18, 2020
Sold by
Bakker Ronald J and Bakker Sue A
Bought by
Osborne Property Rental Llc
Seller's Agent
Dan Walstra
Countryside Realty
List Price
$102,000
Sold Price
$102,000
Current Estimated Value
$162,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,406
Avg. Annual Appreciation
9.67%
Original Mortgage
$102,000
Outstanding Balance
$82,469
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$79,937
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
Osborne Property Rental Llc $102,000 State Street Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborne Property Rental Llc $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $102,000 0.0% $51 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $102,000 -- $51 / 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 $1,442 $122,400 $27,200 $95,200
2023 $1,431 $117,200 $27,200 $90,000
2022 $1,349 $108,100 $24,700 $83,400
2021 $1,290 $95,400 $25,700 $69,700
2020 $1,321 $96,800 $25,700 $71,100
2019 $1,298 $98,900 $25,400 $73,500
2018 $1,244 $98,300 $25,400 $72,900
2017 $1,189 $98,900 $25,400 $73,500
2016 $1,127 $99,000 $25,400 $73,600
2014 $1,136 $98,600 $25,400 $73,200
Source: Public Records

Agents Affiliated with this Home

  • Dan Walstra

    Seller's Agent in 2020

    Dan Walstra

    Countryside Realty

    (219) 689-0459

    10 in this area

    254 Total Sales

    Dan Walstra
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR471494

Northwest Indiana Association of REALTORS®

APN: 37-07-19-001-026.000-027

Indiana Jasper County Rensselaer 47978

711 N Matheson Ave, Rensselaer, IN

This home is located at 711 N Matheson Ave, Rensselaer, IN 47978 since 11 March 2020 and is currently estimated at $162,406, approximately $81 per square foot. This property was built in 1974. 711 N Matheson Ave is a home located in Jasper County with nearby schools including Rensselaer Central Primary School, Van Rensselaer Elementary School, and Rensselaer Middle 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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