$131,000
SOLD APR 9, 2018

8032 W 127th Ave Cedar Lake, IN 46303

6 Beds
4 Baths
3,136 Sq Ft
0.29 Acres

Recently Sold

$42 Per Sq Ft

42 Days on Market

Highlights

  • Deck
  • Patio
  • Carpet

About This Home

As of April 2024

ALL SHOWINGS REQUIRE 72 HOUR NOTICE. BUY A HOME AND HAVE SOMEONE ELSE PAY THE MORTGAGE! This two-unit building features bi-level design on both sides, with 3 bedrooms and 1.5 bathrooms on each side. Completely separate entrances and recent updates make this a perfect home to live in, or a great opportunity for an investor. There is lots of room in both units, with an upstairs living room, master bedroom and kitchen. Downstairs is a family room, two bedrooms and laundry room. The kitchen has sliding doors to the deck. Recent updates include furnace and water heater, newer windows and flooring in both units. THIS IS A FABULOUS INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

Erica Guelinas

Century 21 Circle License #RB14046748 Listed on: 02/01/2018

Century 21 Circle

Last Buyer's Agent

Susan Nottingham

McColly Real Estate License #RB14046153

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,286

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90x140

Interior Spaces

  • 3,136 Sq Ft Home
  • Elevator

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Well

Listing and Financial Details

  • Total Actual Rent $14,496
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 451522232020000014

Community Details

Overview

  • 2 Units
  • Kenneth Clinton Sub Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $1,141
  • New Taxes Expense $4,641
  • Net Operating Income $14,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,286

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Co List Office Mls Id: NRA1016
  • Subdivision Name: Kenneth Clinton Sub
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Flooring: Carpet, Linoleum, Luxury Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.2893
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Well

Lot Info

  • Lot Dimensions: 90x140
  • Lot Size Sq Ft: 12602
  • ResoLotSizeUnits: Acres
  • Parcel #: 451522232020000014
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1141
  • Total Actual Rent: 14496

Tax Info

  • New Taxes Expense: 4641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
Evangelista Donald H
Bought by
Evangelista Living Trust and Evangelista
Total Days on Market
42
Current Estimated Value
$228,471

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 4, 2024
Sold by
Quick Closers Llc
Bought by
Evangelista Donald
Seller's Agent
Tiffany Dowling
Keller Williams Preferred Real
Buyer's Agent
Edward Evangelista
Coldwell Banker Realty
List Price
$175,000
Sold Price
$199,900
Premium/Discount to List
$24,900
14.23%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%

Purchase Details

Closed on
Jan 4, 2024
Sold by
Love Tianna
Bought by
Quick Closers Llc

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 9, 2018
Sold by
Pigg Judith A
Bought by
Love Deshawn
Seller's Agent
Erica Guelinas
Century 21 Circle
Buyer's Agent
Susan Nottingham
McColly Real Estate
List Price
$131,000
Sold Price
$131,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$117,900
Interest Rate
4.46%
Mortgage Type
New Conventional
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
Deed -- None Listed On Document
Warranty Deed $199,000 Chicago Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Meridian Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $204,680 Construction
Previous Owner $117,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $199,900 0.0% $127 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $199,900 +14.2% $127 / Sq Ft
03/07/2024 03/07/24 For Sale $175,000 +33.6% $112 / Sq Ft
04/09/2018 04/09/18 Sold $131,000 0.0% $42 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $131,000 -- $42 / 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 $5,286 $211,500 $40,800 $170,700
2023 $2,702 $198,800 $34,800 $164,000
2022 $2,702 $184,100 $34,800 $149,300
2021 $2,135 $163,000 $28,000 $135,000
2020 $1,803 $139,200 $23,900 $115,300
2019 $1,839 $140,600 $23,900 $116,700
2018 $2,323 $158,900 $23,900 $135,000
2017 $4,250 $162,100 $23,900 $138,200
2016 $4,976 $184,900 $23,900 $161,000
2014 $4,471 $192,700 $23,900 $168,800
2013 $4,700 $191,500 $23,900 $167,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 428819

Northwest Indiana Association of REALTORS®

APN: 45-15-22-232-020.000-014