NOT LISTED FOR SALE

Estimated Value: $276,391 - $401,000

2 Beds
1 Bath
1,226 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $100,000 $82 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $1,968/month

167 Days on Market

Highlights

  • Access To Lake
  • Ranch Style House
  • Den
  • Recreation Room
  • Corner Lot
  • Formal Dining Room

About This Home

As of April 2016

A VERY short walk to the beach from this PRIME LOCATION!! With a NEW roof, windows, partially finished basement and plenty of parking for guests this is the home AND the time. This light-filled solid brick bungalow will charm you immediately. Generous living room open to the large formal dining room with wood flooring throughout. A fenced rear yard which allows for a surprising amount of privacy while putting you so close to the waves of Lake Michigan. An easy commute to Chicago via major highways or the South Shore Line(or boat). Come experience life near the shore as well as the abundant amenities Miller Beach has to offer. Make your appointment sooner than later!

Last Agent to Sell the Property

Tim Petrites

McColly Real Estate License #RB14050479 Listed on: 09/26/2015

McColly Real Estate

Last Buyer's Agent

Tim Petrites

McColly Real Estate License #RB14050479 Listed on: 09/26/2015

McColly Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Fenced
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,226 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Basement

Kitchen

  • Portable Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Norcotts Add. Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450533106013000004

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Lake Access, Landscaped, Paved Road
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR270
  • Subdivision Name: Norcotts Add.
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 674
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Microwave
  • Interior Amenities: Den/Office, Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Enclosed, Fence
  • Acres: 0.14

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Off Street, Side Drive

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50 X 125
  • Lot Size Sq Ft: 6098
  • ResoLotSizeUnits: Acres
  • Parcel #: 450533106013000004
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2518

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2018
Sold by
Faust Terremnce E and Faust Mary F
Bought by
Faust Terrence E and Terrence Faust Trust
Current Estimated Value
$312,348

Purchase Details

Listed on
Sep 26, 2015
Closed on
Apr 26, 2016
Sold by
Majchrowicz Christopher T
Bought by
Faust Terrence E and Faust Mary E
Seller's Agent
Tim Petrites
McColly Real Estate
Buyer's Agent
Tim Petrites
McColly Real Estate
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$80,000
Outstanding Balance
$63,789
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$248,559
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
Faust Terrence E -- None Available
Faust Terrence E -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faust Terrence E $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $100,000 0.0% $82 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
09/26/2015 09/26/15 For Sale $100,000 -- $82 / 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 $20,632 $237,700 $96,100 $141,600
2023 $5,860 $234,000 $98,000 $136,000
2022 $3,797 $148,000 $27,300 $120,700
2021 $3,533 $137,700 $26,900 $110,800
2020 $3,461 $134,900 $26,900 $108,000
2019 $2,703 $131,900 $26,400 $105,500
2018 $2,289 $104,800 $21,600 $83,200
2017 $2,346 $105,500 $21,600 $83,900
2016 $2,373 $108,300 $20,500 $87,800
2014 $2,518 $107,400 $21,200 $86,200
2013 $2,322 $103,100 $21,200 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR380917

Northwest Indiana Association of REALTORS®

APN: 45-05-33-106-013.000-004