$120,000
SOLD APR 4, 2022
5 Beds
2 Baths
1,763 Sq Ft
0.46 Acres

Recently Sold

$68 Per Sq Ft

Highlights

  • Recreation Room with Fireplace
  • Ranch Style House
  • 2 Car Detached Garage
  • George Bibich Elementary School Rated A
  • Den
  • Enclosed patio or porch

About This Home

As of April 2022

Investors! Investors! This home has been used as a rental for many years. With some TLC and possibly a new roof, this large home can bring some good cash. Home features an enclosed porch (needs some work on interior), 5 bedrooms, 2 bathrooms, Wood burning Fireplace(which has been used recently by tenants). Large rec room (with patio doors ),and large living room which features hardwood flooring as well as a newer bay window. Furnace Is a few years old. Nearly half acre lot and a whole lot of potential! Agents, please check remarks for further details.

Last Agent to Sell the Property

Debra Rasala-Finnegan

Realty Executives Premier License #RB14045646 Listed on: 03/01/2022

Realty Executives Premier

Last Buyer's Agent

Debra Rasala-Finnegan

Realty Executives Premier License #RB14045646 Listed on: 03/01/2022

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1954

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Fixer Upper
  • Aluminum Siding
  • Cedar Siding
  • Vinyl Siding

Interior Spaces

  • 1,763 Sq Ft Home
  • Living Room
  • Den
  • Recreation Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Enclosed patio or porch
  • Storage Shed

Utilities

  • Whole House Fan
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451119106003000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,116

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: Whole House Fan
  • Co List Office Mls Id: GNR1103
  • Subdivision Name: n/a
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding,Cedar,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Den/Office, FP Rec Room, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Enclosed, Storage Shed
  • Acres: 0.46

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 100 x 200
  • Lot Size Sq Ft: 20038
  • ResoLotSizeUnits: Acres
  • Parcel #: 451119106003000032
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2116

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Apr 10, 2023
Sold by
Housemart Inc
Bought by
Midwest Rental Solutions Llc
Seller's Agent
Kyle Wade
Weichert Realtors - Shoreline
Buyer's Agent
Steve Monsma
Weichert Realtors - Shoreline
Sold Price
$2,500
Current Estimated Value
$319,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,280
Original Mortgage
$3,809,380
Outstanding Balance
$3,721,789
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$3,402,009

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 22, 2022
Sold by
Preferred Homes Llc
Bought by
Housemart Inc
Seller's Agent
Debra Rasala-Finnegan
Realty Executives Premier
Buyer's Agent
Debra Rasala-Finnegan
Realty Executives Premier
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.46%
Original Mortgage
$217,500
Interest Rate
4.43%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 11, 2022
Sold by
Hayes William P
Bought by
Preferred Homes Llc
Seller's Agent
Debra Rasala-Finnegan
Realty Executives Premier
Buyer's Agent
Debra Rasala-Finnegan
Realty Executives Premier
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
4.43%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 17, 2022
Sold by
Hayes William P
Bought by
Preferred Homes Llc
Seller's Agent
Debra Rasala-Finnegan
Realty Executives Premier
Buyer's Agent
Debra Rasala-Finnegan
Realty Executives Premier
List Price
$120,000
Sold Price
$120,000

Purchase Details

Closed on
May 12, 2016
Sold by
Region Homes Buyers Llc
Bought by
Hayees William P

Purchase Details

Closed on
Jan 21, 2016
Sold by
Bower Cynthia
Bought by
Region Home Buyers Llc

Purchase Details

Closed on
Dec 9, 2011
Sold by
Olaughlin Paul Joseph and Olaughlin Carol Renee
Bought by
Elgart Martin Revocable Trust

Purchase Details

Closed on
Jul 9, 2008
Sold by
Martin Elgart
Bought by
Olaughlin Paul Joseph and Olaughlin Carol Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.36%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed $126,000 --
Warranty Deed -- Granquist Daniel W
Warranty Deed -- Granquist Daniel W
Limited Warranty Deed -- Indiana Title Network Co
Deed -- Fidelity National Title Co
Quit Claim Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,809,380 New Conventional
Previous Owner $217,500 Construction
Previous Owner $86,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Rented $2,500 0.0% --
10/27/2023 10/27/23 For Rent $2,500 0.0% --
04/25/2023 04/25/23 Rented $2,500 0.0% --
03/26/2023 03/26/23 Under Contract -- -- --
01/13/2023 01/13/23 For Rent $2,500 0.0% --
04/04/2022 04/04/22 Sold $120,000 0.0% $68 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $120,000 -- $68 / 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 $2,682 $229,400 $74,700 $154,700
2023 $2,279 $162,400 $67,600 $94,800
2022 $2,279 $150,300 $67,600 $82,700
2021 $2,145 $145,600 $67,600 $78,000
2020 $2,116 $139,700 $53,300 $86,400
2019 $2,105 $123,300 $22,000 $101,300
2018 $2,157 $119,900 $22,000 $97,900
2017 $2,132 $118,600 $22,000 $96,600
2016 $1,800 $113,500 $22,000 $91,500
2014 $1,861 $126,400 $22,000 $104,400
2013 $1,816 $122,800 $22,000 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR508197

Northwest Indiana Association of REALTORS®

APN: 45-11-19-106-003.000-032