NOT LISTED FOR SALE

723 E Clark St Crown Point, IN 46307

Estimated Value: $296,084 - $351,000

4 Beds
3 Baths
2,262 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $225,000 $99 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,328/month

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Patio
  • Timothy Ball Elementary School Rated A
  • Porch
  • Forced Air Heating System

About This Home

As of July 2020

Great opportunity to own this 3 unit building! This building offers 2 main floor units that are both 1 bedroom and 1 bathroom. The upper unit is 2 bedrooms and 1 bathroom. This corner lot offers plenty of parking space with a designated area for off street parking. This property is minutes from the always growing and entertaining Crown Point square! Currently one vacant 1 bedroom unit, allowing the new owner to chose to live in or rent out! 1 brand new furnace and other 2 both serviced yearly. All appliances and window A/C units included

Last Listed By

Brian Wold

Listing Leaders Northwest License #RB14039505 Listed on: 06/08/2020

Listing Leaders Northwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,813

Year Built

  • Built in 1874

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50 x 132

Parking

  • Off-Street Parking

Interior Spaces

  • 2,262 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Crown Point High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $27,180
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Rent includes trash collection, water
  • Assessor Parcel Number 451608234006000042

Community Details

Overview

  • 3 Units
  • Youngs Add 03 Subdivision

Building Details

  • Insurance Expense $1,400
  • Water Sewer Expense $1,920
  • New Taxes Expense $2,218
  • Net Operating Income $21,642

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,813

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1874
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NRA1959
  • Subdivision Name: Youngs Add 03
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Partial, Sump Pump
  • Flooring: Carpet, Hardwood, Linoleum, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.1515
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: None, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Lot Info

  • Lot Dimensions: 50 x 132
  • Lot Size Sq Ft: 6600
  • Parcel #: 451608234006000042

Rental Info

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

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1400
  • Total Actual Rent: 27180

Tax Info

  • New Taxes Expense: 2218

MLS Schools

  • HighSchool: Crown Point High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 28, 2020
Sold by
Crowley Alyson and Sobek Jennifer
Bought by
Gbur Paul A and Gbur Kelsey Rae
Seller's Agent
Brian Wold
Listing Leaders Northwest
Buyer's Agent
James Gibson
Evers Realty Group
List Price
$225,000
Sold Price
$225,000
Total Days on Market
10
Current Estimated Value
$317,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,521
Avg. Annual Appreciation
7.44%
Original Mortgage
$157,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2018
Closed on
May 18, 2018
Sold by
Handley Properties Llc
Bought by
Crowley Alyson
Seller's Agent
Jay Mayden
Kraft Real Estate Services, LL
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$175,757
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2008
Sold by
Handley Gregory M and Handley Diane
Bought by
Handley Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 19, 2007
Sold by
Meyer David L
Bought by
Handley Gregory M and Handley Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,350
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

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
Gbur Paul A -- Meridian Title Corp
Crowley Alyson -- Chicago Title Co Llc
Handley Properties Llc -- None Available
Handley Gregory M -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gbur Paul A $227,500
Closed Gbur Paul A $157,500
Previous Owner Crowley Alyson $175,757
Previous Owner Handley Gregory M $111,300
Previous Owner Handley Gregory M $99,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $225,000 0.0% $99 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $225,000 +25.7% $99 / Sq Ft
05/18/2018 05/18/18 Sold $179,000 0.0% $79 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $179,000 -- $79 / 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 $6,813 $279,800 $32,800 $247,000
2023 $5,469 $247,900 $28,500 $219,400
2022 $5,194 $235,000 $28,500 $206,500
2021 $4,944 $223,700 $23,800 $199,900
2020 $2,152 $195,300 $23,800 $171,500
2019 $2,121 $188,600 $23,800 $164,800
2018 $2,218 $180,800 $23,800 $157,000
2017 $4,658 $178,800 $23,800 $155,000
2016 $4,679 $176,500 $23,800 $152,700
2014 $4,473 $180,000 $17,600 $162,400
2013 $4,350 $173,000 $17,600 $155,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 475770

Northwest Indiana Association of REALTORS®

APN: 45-16-08-234-006.000-042