NOT LISTED FOR SALE

Estimated Value: $433,000 - $471,000

10 Beds
8 Baths
5,000 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $205,000 $41 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,979/month

70 Days on Market

About This Home

As of December 2017

Four unit apartment building with townhouse design, all bedrooms are upstairs. 2-3 bedroom units and 2-2 bedroom units. Each unit has 1.5 bathrooms, kitchen appliances, HVAC and laundry hook-ups. Please contact a local realtor to See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Agent to Sell the Property

Betty Richmond

Umbrella Real Estate LLC License #RB14014901 Listed on: 09/18/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.42 Acre Lot

Home Design

  • 5,000 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • Side Driveway
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 451218402002000030

Community Details

Overview

  • 4 Units
  • Southbrook 05 Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1989
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Laundry
  • Co List Office Mls Id: GNR1759
  • Subdivision Name: Southbrook 05
  • GNR_TotalBathrooms: 8
  • 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: 0.415

Garage/Parking

  • Parking Features: Off Street, Side Drive

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Size Sq Ft: 18077
  • Parcel #: 451218402002000030

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2022
Sold by
Dad Portfolio Iv Llc
Bought by
Dad Properties Portfolio Llc
Current Estimated Value
$452,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,272,635
Outstanding Balance
$4,081,557
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$3,629,557

Purchase Details

Closed on
Nov 1, 2022
Sold by
Dad Portfolio Iv Llc
Bought by
Dad Properties Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,272,635
Outstanding Balance
$4,081,557
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$3,629,557

Purchase Details

Closed on
Aug 12, 2020
Sold by
D A D Properties Llc
Bought by
Dad Portfolio Iv Llc

Purchase Details

Closed on
Mar 6, 2020
Sold by
Bynum Vickie V
Bought by
Dad 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
$244,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2017
Closed on
Dec 7, 2017
Sold by
Wells Fargo Bank Na
Bought by
Bynum Vickie V
Seller's Agent
Betty Richmond
Umbrella Real Estate LLC
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$231,976
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2017
Sold by
Lee Michael
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 29, 2005
Sold by
Lighthouse Property Group Llc
Bought by
Lee Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.74%
Mortgage Type
Fannie Mae Freddie Mac
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
Dad Properties Portfolio Llc -- Near North Title Group
Dad Properties Portfolio Llc -- Near North Title Group
Dad Portfolio Iv Llc -- None Available
Dad Properties Llc -- Barrister Title
Bynum Vickie V $205,000 None Available
Wells Fargo Bank Na -- None Available
Lee Michael -- Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dad Properties Portfolio Llc $5,272,635
Closed Dad Properties Portfolio Llc $5,272,635
Previous Owner Dad Properties Llc $244,000
Previous Owner Bynum Vickie V $231,976
Previous Owner Lee Michael $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2017 12/27/17 Sold $205,000 0.0% $41 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $205,000 -- $41 / 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 $6,877 $293,800 $77,100 $216,700
2023 $5,696 $293,500 $77,100 $216,400
2022 $5,696 $284,800 $77,100 $207,700
2021 $5,592 $279,600 $96,300 $183,300
2020 $5,590 $279,500 $96,300 $183,200
2019 $7,066 $298,500 $96,300 $202,200
2018 $7,322 $290,400 $96,300 $194,100
2017 $6,263 $289,700 $96,300 $193,400
2016 $7,139 $292,400 $96,300 $196,100
2014 $6,005 $282,600 $96,300 $186,300
2013 $6,258 $282,500 $96,300 $186,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR422556

Northwest Indiana Association of REALTORS®

APN: 45-12-18-402-002.000-030