Linda Schaver
@properties Christie?s International Real Estate
(779) 235-5847
49 Total Sales
1 in West Merrillville
$429,989 Price
7654 Whitcomb St Merrillville, IN 46410
West Merrillville NeighborhoodEstimated Value: $412,457
8
Beds
8
Baths
5,072
Sq Ft
$81/Sq Ft
Est. Value
Highlights
- Deck
- Patio
- Carpet
- 4 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of November 2020Whitcomb Street four-plex with one unit ready for renovation and max market rent! Four two bedroom 1.5 bath town homes each with private patio and a garage. Recent capital improvements include a brand new, complete tear off, flat AND mansard roof on building and garage. Excellent opportunity to add a solid property to your portfolio or live in one unit while your neighbors pay your mortgage! Each unit pays their own utilities, owner provides lawn, snow and trash service. Each unit is well below market rent and property is priced at recent appraised value. Two long term tenants on month to month lease and one under lease through February. Recent appraisal (June 2020) shows rent comps much higher than 2019 totals. Plenty of room to increase cash flow with simple cosmetic upgrades. See photos for appraisal rent comparison and valuation. One vacant unit will be shown and three tenant occupied homes will be available with an accepted offer. This is the one you've waited for all summer!
Last Agent to Sell the Property
Reeder Companies License #RB14034744 Listed on: 09/11/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 17,990 Sq Ft Lot
- Lot Dimensions are 100x179
Parking
- 4 Car Detached Garage
- Off-Street Parking
Home Design
- Quadruplex
- Brick Foundation
- Cedar
Interior Spaces
- 5,072 Sq Ft Home
- Elevator
- Crawl Space
- Dishwasher
- Laundry in unit
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $34,140
- Tenant pays for electricity, gas, sewer, water
- Rent includes trash collection
- Assessor Parcel Number 451218379028000030
Community Details
Overview
- 4 Units
- Crescant Lake Subdivision
Building Details
- Insurance Expense $1,200
- Trash Expense $800
- New Taxes Expense $5,461
- Net Operating Income $18,179
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2020
Closed on
Nov 9, 2020
Sold by
Gardner Deborah Ann and Riga Deborah Ann
Bought by
Seller's Agent
Nathan Reeder
Reeder Companies
Buyer's Agent
Nicole Milford
Compass Indiana, LLC
List Price
$272,500
Sold Price
$272,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,957
Avg. Annual Appreciation
7.28%
Original Mortgage
$204,375
Outstanding Balance
$177,667
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$234,790
Purchase Details
Listed on
Sep 11, 2020
Closed on
Oct 27, 2020
Sold by
Riga Deborah Ann and Gardner Deborah Ann
Bought by
Meredith Christopher L
Seller's Agent
Nathan Reeder
Reeder Companies
Buyer's Agent
Nicole Milford
Compass Indiana, LLC
List Price
$272,500
Sold Price
$272,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,375
Outstanding Balance
$177,667
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$234,790
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Merrillville, IN
-
Linda Schaver
-
Jeff McCormick
Jeff McCormick
McCormick Real Estate, Inc.
(219) 491-2854
698 Total Sales
23 in West Merrillville
$1K - $475K Price Range
-
Nadine Philips
Nadine Philips
Coldwell Banker Real Estate Gr
(219) 217-4913
76 Total Sales
2 in West Merrillville
$201K - $332K Price Range
-
Dawn Laskowski
Dawn Laskowski
Weichert, Realtors-Moke Agency
(219) 312-8688
71 Total Sales
2 in West Merrillville
$240K - $246K Price Range
-
Lisa Heenan
Lisa Heenan
New Chapter Real Estate
(708) 726-9611
39 Total Sales
1 in West Merrillville
$245,000 Price
-
Robin Salzeider
Robin Salzeider
(866) 530-8452
37 Total Sales
1 in West Merrillville
$545,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Meridian Title | ||
| Meredith Christopher L | -- | Meridian Title Corp |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $204,375 | ||
| Closed | Meredith Christopher L | $204,375 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2020 11/03/20 | Sold | $272,500 | 0.0% | $54 / Sq Ft |
| 10/04/2020 10/04/20 | Pending | -- | -- | -- |
| 09/11/2020 09/11/20 | For Sale | $272,500 | -- | $54 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,625 | $373,900 | $76,800 | $297,100 |
| 2024 | $6,625 | $286,900 | $76,800 | $210,100 |
| 2023 | $5,206 | $285,400 | $76,800 | $208,600 |
| 2022 | $5,206 | $260,300 | $76,800 | $183,500 |
| 2021 | $4,906 | $245,300 | $76,800 | $168,500 |
| 2020 | $4,684 | $234,200 | $42,700 | $191,500 |
| 2019 | $5,461 | $225,500 | $42,700 | $182,800 |
| 2018 | $5,671 | $220,100 | $42,700 | $177,400 |
| 2017 | $5,722 | $222,200 | $42,700 | $179,500 |
| 2016 | $4,644 | $224,700 | $42,700 | $182,000 |
| 2014 | $5,004 | $235,500 | $42,800 | $192,700 |
| 2013 | $5,221 | $235,700 | $42,800 | $192,900 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Reeder
Seller's Agent in 2020
Nathan Reeder
Reeder Companies
(219) 989-4049
28 Total Sales
-
Nicole Milford
Buyer's Agent in 2020
Nicole Milford
Compass Indiana, LLC
(630) 251-0382
3 in this area
411 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 481450
APN: 45-12-18-379-028.000-030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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