NOT LISTED FOR SALE

Estimated Value: $417,000 - $491,000

8 Beds
4 Baths
3,312 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $330,000 $100 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,889/month

28 Days on Market

Highlights

  • 0.38 Acre Lot
  • Coin Laundry
  • Community Storage Space

About This Home

As of December 2020

This NEWLY renovated multifamily property is desirable for an investor, as well as for an owneroccupant. This TURN-KEY property does not have any deferred maintenance, as all renovations have been completed within the past year. All four units are updated and have lifeproof throughout. Each unit has ceramic tile in the bathroom. Coin operated laundry is located on lower level. Top floor occupant manages property and will move out for owner occupant buyer. Great opportunity to live for free! Start cash flowing today!*Gross rental income is for 3 of 4 units only.

Last Agent to Sell the Property

Joshua Vandersluis

Listing Leaders Select, LLC License #RB20000261 Listed on: 10/11/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,436

Year Built

  • Built in 1969

Lot Details

  • 0.38 Acre Lot

Home Design

  • 3,312 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 5 Open Parking Spaces
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 450715102001000023

Community Details

Overview

  • 4 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,436

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Coin Laundry, Common Laundry, Storage Shed
  • Co List Office Mls Id: GNR1690
  • Subdivision Name: N/A
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Concrete
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Acres: 0.38

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 16553
  • Parcel #: 450715102001000023

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Chan Nicholas B and Chan Raymond K
Bought by
Nbc Properties Llc
Current Estimated Value
$456,907

Purchase Details

Listed on
Oct 11, 2020
Closed on
Dec 8, 2020
Sold by
Properties One Llc
Bought by
Chan Nicholas B and Chan Raymond K
Seller's Agent
Joshua Vandersluis
Listing Leaders Select, LLC
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$236,254
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2019
Sold by
Escobar Michael A and Escobar Rose Marie
Bought by
Properties One Llc

Purchase Details

Closed on
Dec 10, 2015
Sold by
Nelson Brian W
Bought by
Escobar Michael A and Escobar Rose Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2006
Sold by
Pierson Tami M
Bought by
Nelson Brian W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6.38%
Mortgage Type
Commercial
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
Nbc Properties Llc -- None Available
Chan Nicholas B -- Chicago Title Insurance Co
Properties One Llc $141,751 None Available
Escobar Michael A -- Attorney
Nelson Brian W -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Nicholas B $236,254
Previous Owner Escobar Michael A $162,011
Previous Owner Nelson Brian W $108,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $330,000 0.0% $100 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
10/11/2020 10/11/20 For Sale $330,000 -- $100 / 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 $15,740 $323,400 $33,300 $290,100
2023 $9,103 $329,300 $33,300 $296,000
2022 $9,103 $339,700 $31,900 $307,800
2021 $8,934 $329,600 $31,900 $297,700
2020 $4,447 $162,900 $31,900 $131,000
2019 $5,436 $162,900 $31,900 $131,000
2018 $5,351 $162,900 $31,900 $131,000
2017 $5,993 $160,100 $31,900 $128,200
2016 $3,358 $154,800 $31,900 $122,900
2014 $4,119 $131,500 $31,900 $99,600
2013 $3,852 $129,900 $31,900 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR483325

Northwest Indiana Association of REALTORS®

APN: 45-07-15-102-001.000-023