NOT LISTED FOR SALE

713-715 N Grant St Crown Point, IN 46307

Estimated Value: $205,000 - $243,000

4 Beds
2 Baths
1,700 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $210,000 $124 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,629/month

Highlights

  • Deck
  • Patio
  • 1-minute walk to Bridgeport Park
  • Timothy Ball Elementary School Rated A
  • Carpet

About This Home

As of March 2024

Investment Property! Ranch style 1700 square feet Two Unit on a crawl space.Unit #713 Grant Street has 2 bedrooms, 1 bath; living room; eat-in kitchen; laundry/utility room; 850 square feet, New Furnace/AC June/July 2023.Unit #715 Grant Street has 2 bedrooms; 1 bath; Living room; eat-in kitchen; laundry room; 850 square feet.Roof thought to be 12-14 years new. Tenants pay their own utilities. Currently month to month rentals. Rents on both units are below market. Possession is subject to tenants rights. Sump pump in crawl. Very good income potential.

Last Listed By

David Barrick

Coldwell Banker Real Estate Gr License #RB14011880 Listed on: 02/19/2024

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 1985

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 66 x 132

Home Design

  • Brick Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • Elevator

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Crown Point High School

Listing and Financial Details

  • Total Actual Rent $17,400
  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 451605409006000042

Community Details

Overview

  • 2 Units
  • Railroad Add Subdivision

Building Details

  • Insurance Expense $830
  • New Taxes Expense $3,776
  • Net Operating Income $12,794

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,776

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NRA1775
  • Subdivision Name: Railroad Add
  • Above Grade Finished Sq Ft: 1700
  • Garage Yn: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space, Sump Pump
  • Flooring: Carpet, Luxury Vinyl, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.387
  • Construction Type: Brick, Cedar, Wood Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: None, Off Street
  • Total Parking Spaces: 4

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Dimensions: 66 X 132
  • Lot Size Sq Ft: 16858
  • ResoLotSizeUnits: Acres
  • Parcel #: 451605409006000042
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Tax Info

  • Year: 2022
  • New Taxes Expense: 3776
  • Tax Annual Amount: 3775.74

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 830
  • Total Actual Rent: 17400

MLS Schools

  • HighSchool: Crown Point High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Apr 26, 2024
Sold by
Grant Apartments Llc
Bought by
Railroad Addition Llc
Seller's Agent
David Barrick
Coldwell Banker Real Estate Gr
Buyer's Agent
David Barrick
Coldwell Banker Real Estate Gr
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Total Days on Market
0
Views
27
Current Estimated Value
$222,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,758
Avg. Annual Appreciation
4.19%
Original Mortgage
$187,500
Outstanding Balance
$157,752
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$62,750

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 12, 2024
Sold by
Hopper George
Bought by
Grant Apartments Llc
Seller's Agent
David Barrick
Coldwell Banker Real Estate Gr
Buyer's Agent
David Barrick
Coldwell Banker Real Estate Gr
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$157,752
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$62,750

Purchase Details

Closed on
Oct 7, 1996
Sold by
Hopper George and Hopper Mary Jane
Bought by
Hopper George and Hopper Mary Jane

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 Buyer Sale Price Title Company
Railroad Addition Llc $250,000 Near North Title Group
Grant Apartments Llc $210,000 Meridian Title
Hopper George -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Railroad Addition Llc $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $210,000 -2.3% $124 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $215,000 -- $126 / 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 $4,650 $179,400 $35,000 $144,400
2023 $3,731 $169,200 $35,000 $134,200
2022 $3,731 $168,600 $35,000 $133,600
2021 $3,147 $142,300 $25,100 $117,200
2020 $3,198 $144,500 $25,100 $119,400
2019 $3,213 $143,100 $25,100 $118,000
2018 $3,554 $137,700 $25,100 $112,600
2017 $3,448 $131,900 $25,100 $106,800
2016 $3,440 $129,300 $25,100 $104,200
2014 $3,342 $134,500 $25,100 $109,400
2013 $3,513 $139,700 $25,100 $114,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 545310

Northwest Indiana Association of REALTORS®

APN: 45-16-05-409-006.000-042