NOT LISTED FOR SALE

Estimated Value: $436,000 - $499,000

8 Beds
8 Baths
5,072 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $465,000 $92 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,112/month

4 Days on Market

Highlights

  • No HOA
  • Country Kitchen
  • Forced Air Heating and Cooling System
  • Neighborhood Views
  • Patio
  • Carpet

About This Home

As of May 2024

Newly remodeled Quad-plex. Each unit has 2 bedroom/1.5 bath two level, identical units in a 4-unit building. Living room, half bath, kitchen and dining on main level. Upstairs is 2 bedrooms and full bath. Patio off the kitchen. Detached car port in the back of building for parking. Washer and Dryer hook up in downstairs closet. Stove, fridge and dishwasher are included. Great Investment opportunity!!! Each unit is currently rented out for $1250.

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 03/16/2024

Co-Listed By

Hector Calderon

McCormick Real Estate, Inc. License #RB23001446

Last Buyer's Agent

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 03/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,605

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 0.41

Interior Spaces

  • 5,072 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Neighborhood Views

Kitchen

  • Country Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Laundry on main level
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • 8 Carport Spaces

Schools

  • Merrillville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 0.41 Acre Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • Rent includes gardener, management
  • Assessor Parcel Number 45-12-18-379-021.000-030

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Crescent Lake 01 Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gardener Expense $1,155
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,605

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1980
  • Reso Property Sub Type: Quadruplex
  • Road Frontage Type: Other
  • ResoLaundryFeatures: In Unit, Washer Hookup, Main Level, Laundry Closet, Inside
  • ResoLotFeatures: Few Trees, Paved, Front Yard
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Neighborhood
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: NRA1136
  • Subdivision Name: Crescent Lake 01
  • Above Grade Finished Sq Ft: 5072
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Aluminum Frames
  • Financial Info Electric: Circuit Breakers
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator, Gas Range
  • Interior Amenities: Country Kitchen
  • Flooring: Carpet, Laminate, Linoleum
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Courtyard, Uncovered Courtyard
  • Fencing: None
  • Acres: 0.413
  • Waterfront: No
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Reso Roof: Shingle

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Natural Gas Available, Electricity Connected, Electricity Available, Cable Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Gardener, Management
  • Association: No

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: common
  • Lot Size Sq Ft: 17990.28
  • ResoLotSizeUnits: Acres
  • Additional Parcels: No
  • Parcel #: 45-12-18-379-021.000-030
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No
  • Tenant Pays: All Utilities
  • Owner Pays: Insurance, Taxes, None

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5605

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 60000

MLS Schools

  • HighSchool: Merrillville High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
May 15, 2024
Sold by
Elj Holdings Llc
Bought by
Hanna Mikhael and Salama Samah Sabry
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$459,000
Sold Price
$465,000
Premium/Discount to List
$6,000
1.31%
Views
151
Current Estimated Value
$467,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,500
Avg. Annual Appreciation
0.41%

Purchase Details

Listed on
Mar 16, 2024
Closed on
May 14, 2024
Sold by
Elj Holdings Llc
Bought by
Hanna Mikhael and Salama Samah Sabry
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$459,000
Sold Price
$465,000
Premium/Discount to List
$6,000
1.31%
Views
151

Purchase Details

Closed on
Mar 1, 2023
Sold by
Jefferson Paul
Bought by
Elj Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2023
Sold by
7542 Whitcomb Trust
Bought by
Jefferson Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2021
Sold by
Jefferson Paul
Bought by
Gallow Dale and 7542 Whitcomb Trusts

Purchase Details

Closed on
Jun 27, 2007
Sold by
Piazza Christopher
Bought by
Jefferson Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2005
Sold by
Blesic Milojka and Blesic Danica
Bought by
Piazza Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
6.04%
Mortgage Type
Commercial
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
Hanna Mikhael -- Meridian Title
Hanna Mikhael $465,000 Meridian Title
Elj Holdings Llc -- Fidelity National Title
Jefferson Paul -- --
Gallow Dale -- None Available
Jefferson Paul -- Chicago Title Insurance Co
Piazza Christopher -- Northwest Indiana Title Serv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elj Holdings Llc $297,500
Previous Owner Jefferson Paul $198,200
Previous Owner Jefferson Paul $230,400
Previous Owner Piazza Christopher $48,400
Previous Owner Piazza Christopher $193,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $465,000 +1.3% $92 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $459,000 -- $90 / 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 $7,008 $455,600 $76,800 $378,800
2023 $5,604 $299,100 $76,800 $222,300
2022 $5,604 $280,200 $76,800 $203,400
2021 $5,344 $267,200 $76,800 $190,400
2020 $4,708 $235,400 $45,000 $190,400
2019 $5,679 $235,400 $45,000 $190,400
2018 $6,521 $256,300 $45,000 $211,300
2017 $6,588 $259,100 $45,000 $214,100
2016 $6,415 $260,500 $45,000 $215,500
2014 $5,389 $253,600 $45,000 $208,600
2013 $5,625 $253,900 $45,000 $208,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 800908

Northwest Indiana Association of REALTORS®

APN: 45-12-18-379-021.000-030