NOT LISTED FOR SALE

Estimated Value: $386,000 - $436,000

10 Beds
8 Baths
5,000 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $329,000 $66 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,766/month

56 Days on Market

About This Home

As of June 2021

Check out this money making 4-unit multi-family home in Merrillville, IN. There are 4 townhome style units, that include two levels. There are (2) three-bedroom units and (2) 2-bedroom units. In each apartment, there is a full bathroom upstairs, and a first level half bathroom. Each unit pays their own gas, electric, and water utility bills, and the owner pays sewage and garbage. Roof and gutters were done recently. 3 out of the 4 apartments are rented out with long term tenants. One two-bedroom apartment is newly vacant and is available for showing.

Last Agent to Sell the Property

Tariq Suboh

Ellsbury Commercial Group LLC License #RB20000815 Listed on: 04/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1990

Lot Details

  • 0.42 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • 5,000 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 451218401003000030

Community Details

Overview

  • 4 Units
  • Southbrook 05 Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,033

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1990
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Laundry
  • Co List Office Mls Id: GNR1959
  • Subdivision Name: Southbrook 05
  • GNR_TotalBathrooms: 6
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 10

Exterior Features

  • Acres: 0.418

Garage/Parking

  • Parking Features: Off Street, None

Lot Info

  • Lot Size Sq Ft: 18208
  • Parcel #: 451218401003000030

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
G & A Consolidated Llc
Bought by
Frst Holdings Llc
Current Estimated Value
$405,663

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 30, 2021
Sold by
Keith Douglas W and Keith Karen S
Bought by
G & A Conslidated Llc
Seller's Agent
Tariq Suboh
Ellsbury Commercial Group LLC
List Price
$329,000
Sold Price
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$263,000
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2012
Sold by
Keith Douglas W
Bought by
Keith Douglas W and Keith Karen S

Purchase Details

Closed on
Feb 12, 2010
Sold by
Hemphill Robin N and Hemphill Deborah D
Bought by
Keith Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2006
Sold by
Hemphill Robin N and Hemphill Deborah D
Bought by
Hemphill Robin N and Hemphill Deborah D

Purchase Details

Closed on
Jun 14, 2005
Sold by
Hemphill Robin N
Bought by
Hemphill Robin N and Hemphill Deborah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2005
Sold by
Hud
Bought by
Hemphill Robin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2005
Sold by
Washington Mutual Bank Fa
Bought by
Hud

Purchase Details

Closed on
Jan 7, 2005
Sold by
Bradley Jacqueline M
Bought by
Washington Mutual Bank Fa and Washington Mutual Home Loans Inc
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
Frst Holdings Llc -- Greater Indiana Title Company
G & A Conslidated Llc $329,000 Fidelity National Title
Keith Douglas W -- None Available
Keith Douglas W -- Northwest Indiana Title
Hemphill Robin N -- None Available
Hemphill Robin N -- --
Hemphill Robin N -- Ticor
Hud -- --
Washington Mutual Bank Fa $258,948 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner G & A Conslidated Llc $263,000
Previous Owner Keith Douglas W $166,250
Previous Owner Hemphill Robin N $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $329,000 0.0% $66 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $329,000 -- $66 / 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 $7,278 $312,100 $77,200 $234,900
2023 $6,118 $310,600 $77,200 $233,400
2022 $6,118 $305,900 $77,200 $228,700
2021 $5,688 $284,400 $77,200 $207,200
2020 $5,270 $263,500 $43,200 $220,300
2019 $6,033 $251,500 $43,200 $208,300
2018 $6,221 $243,500 $43,200 $200,300
2017 $6,555 $257,700 $43,200 $214,500
2016 $6,148 $248,700 $43,200 $205,500
2014 $5,342 $251,400 $43,200 $208,200
2013 $5,545 $250,300 $43,200 $207,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR490619

Northwest Indiana Association of REALTORS®

APN: 45-12-18-401-003.000-030