NOT LISTED FOR SALE

732-1/2 W Joliet St Crown Point, IN 46307

Estimated Value: $248,000 - $305,223

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold April 13, 2020

Last sale price $170,000

Est. 68% increase in value since last sale

Current estimated payment $1,900/month

20 Days on Market

Highlights

  • 3 Car Detached Garage
  • Timothy Ball Elementary School Rated A
  • 1-Story Property

About This Home

As of April 2020

I'm proud to present this 2 unit income property located near the heart of Crown Point. This building has been with the same ownership over the last 14 years and has been well kept since. The lower unit is currently Owner occupied and is in really good shape, the top unit has new carpet, freshly painted walls and cabinets. Both units offer 2 bedrooms, 1 full bathroom, a good sized living room, nice sized kitchens and a huge fenced-in yard. Outside has new roof, siding, soffit, facia, and gutters. The Owners suite has a laundry room that also hosts the mechanicals for both units. The furnace is zoned per unit, there are 2 water heaters, and one water meter which leaves all expenses currently paid out of unit 1. Once both units are Tenant occupied, expenses should be paid by the owner, reflected in the rent and passed on to the Tenant. There is a 4 car garage with 3 overhead doors, one door opener, and the other 2 doors are manually operated. Priced to sell so schedule today to view.

Last Agent to Sell the Property

Jim Samuelson

Berkshire Hathaway HomeServices Executive Realty License #471021864 Listed on: 02/20/2020

Berkshire Hathaway HomeServices Executive Realty

Last Buyer's Agent

Jim Samuelson

Berkshire Hathaway HomeServices Executive Realty License #471021864 Listed on: 02/20/2020

Berkshire Hathaway HomeServices Executive Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1912

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 85 x 116

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,264

Year Built

Built in 1912

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 174900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 85 X 116
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1263.84
  • Tax Year: 2018

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Apr 13, 2020
Sold by
Bryner Julie and Heuberger Julie B
Bought by
Earl Hatim S and Luttrell Casey
Seller's Agent
Jim Samuelson
Berkshire Hathaway HomeServices Executive Realty
Buyer's Agent
Jim Samuelson
Berkshire Hathaway HomeServices Executive Realty
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$285,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,056
Original Mortgage
$166,920
Outstanding Balance
$150,334
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2004
Sold by
Premium Properties Inc
Bought by
Preissig Mark R and Preissig Marie O
Source: Public Records

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
Earl Hatim S -- None Available
Preissig Mark R $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Earl Hatim S $166,920
Closed Preissig Mark R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $170,000 -2.8% --
03/11/2020 03/11/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $174,900 -2.8% --
02/25/2020 02/25/20 For Sale $179,900 0.0% --
02/20/2020 02/20/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $179,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,727 $186,800 $46,100 $140,700
2023 $1,815 $172,000 $46,100 $125,900
2022 $1,815 $165,100 $46,100 $119,000
2021 $1,690 $157,800 $38,400 $119,400
2020 $1,244 $129,400 $38,400 $91,000
2019 $1,251 $126,300 $38,400 $87,900
2018 $1,264 $123,200 $38,400 $84,800
2017 $1,252 $121,600 $38,400 $83,200
2016 $1,209 $117,800 $38,400 $79,400
2014 $1,195 $122,300 $38,400 $83,900
2013 $1,179 $120,400 $38,400 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10642672

Midwest Real Estate Data (MRED)

APN: 45-16-07-228-005.000-042