NOT LISTED FOR SALE

8142 Frederick Ave Munster, IN 46321

Estimated Value: $531,495 - $583,000

9 Beds
5 Baths
4,580 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $335,000 $73 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,712/month

54 Days on Market

Highlights

  • Laundry Facilities
  • Munster High School Rated A+
  • Community Deck or Porch

About This Home

As of February 2017

Don't miss this FANTASTIC investment opportunity! This INCOME GENERATING 4 unit is PRICED TO SELL, and offers an amazingly convenient location for renters - close to MUNSTER SCHOOLS, shopping, and expressway. The 2 BR units have LONG TIME TENANTS, WITH 2 LEASES MONTH TO MONTH & 1 LEASE EXPIRING 6/30/17 and owner's 3BR UNIT HAS NEWLY UPDATED KITCHEN. Property needs cosmetic sprucing, but is priced accordingly. Sold AS IS.

Last Agent to Sell the Property

Mary Behrens

RE/MAX 10 Schererville License #RB14044165 Listed on: 11/11/2016

RE/MAX 10 Schererville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,372

Year Built

  • Built in 1978

Lot Details

  • 0.33 Acre Lot

Home Design

  • 4,580 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms

Parking

  • 8 Open Parking Spaces
  • 4 Carport Spaces
  • Side Driveway
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 450624201005000027

Community Details

Overview

  • 4 Units
  • Olthofs Add Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,372

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1978
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Common Laundry, Porch
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: Olthofs Add
  • GNR_TotalBathrooms: 5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 9

Exterior Features

  • Acres: 0.3263

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: Carport, Off Street, Side Drive

Schools

  • Junior High Dist: Munster

Lot Info

  • Lot Size Sq Ft: 14214
  • Parcel #: 450624201005000027

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 8372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Feb 3, 2017
Sold by
Rogers Cynthia L
Bought by
Jankovic Zivadin and Jankovic Marina
Seller's Agent
Mary Behrens
RE/MAX 10 Schererville
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$560,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,832
Avg. Annual Appreciation
5.93%
Original Mortgage
$196,000
Outstanding Balance
$161,104
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$399,728
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jankovic Zivadin -- Chicago Title Ins Co
Rogers Cynthia L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jankovic Zivadin $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2017 02/03/17 Sold $335,000 0.0% $73 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $335,000 -- $73 / 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
2025 $9,363 $498,100 $91,000 $407,100
2024 $10,834 $470,800 $91,000 $379,800
2023 $9,183 $354,400 $91,000 $263,400
2022 $9,048 $347,900 $87,500 $260,400
2021 $8,591 $329,100 $87,500 $241,600
2020 $9,016 $344,400 $87,500 $256,900
2019 $8,605 $330,500 $87,500 $243,000
2018 $9,680 $321,200 $87,500 $233,700
2017 $8,702 $338,000 $87,500 $250,500
2016 $7,328 $298,800 $58,400 $240,400
2014 $8,875 $359,300 $83,200 $276,100
2013 $8,594 $354,900 $83,200 $271,700
Source: Public Records

Agents Affiliated with this Home

  • Mary Behrens

    Seller's Agent in 2017

    Mary Behrens

    RE/MAX

    (219) 677-5039

    25 in this area

    53 Total Sales

    Mary Behrens
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR404666

Northwest Indiana Association of REALTORS®

APN: 45-06-24-201-005.000-027

Indiana Lake County Munster 46321

8142 Frederick Ave, Munster, IN

Not Listed for Sale

MultiFamily

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