NOT LISTED FOR SALE

9308 Erie St Highland, IN 46322

Estimated Value: $308,000 - $343,000

4 Beds
2.5 Baths
3,456 Sq Ft
$96/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $189,000 $55 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,432/month

14 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Laundry Facilities
  • Carpet
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

As of September 2017

PRICED TO SELL QUICK! Multi Unit Income property just appraised at $212,000. (See attached appraisal & comps) Property being sold in Guardianship so offer subject to Court approval. Units could use cosmetic work (paint, flooring & updating) but has good bones. Appliances included. Units occupied by reliable month to month tenants that would like to stay & are satisfied w/ current conditions. Tenants currently paying $800/month each but Buyer can renegotiate terms if desired. Live in one & pay your mortgage w/ the rent from the other or just add both units to your investment portfolio. Sale could be contingent upon execution of lease if desired. Basement has shared laundry & bonus entertainment area w/ half bath that could potentially be converted into a 3rd unit w/ some work. Roof is only 3 years old. Furnace & hot water heater newer. Private side drive w/ large fenced backyard & 2.5 car detached garage. Schools/Parks nearby. Good commuter location. Shouldn't last long schedule soon!

Last Agent to Sell the Property

John Rupp

Advantage Realty Team, LLC License #RB14037111 Listed on: 08/29/2017

Last Buyer's Agent

Jovana Ristevski

McColly Real Estate License #RB14021444

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,432

Year Built

  • Built in 1974

Lot Details

  • 6,100 Sq Ft Lot
  • Lot Dimensions are 50 x 122
  • Fenced

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 3,456 Sq Ft Home
  • Elevator
  • Dishwasher
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $19,200
  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 450728401016000026

Community Details

Building Details

  • Insurance Expense $900
  • New Taxes Expense $2,275
  • Net Operating Income $19,200

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,432

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Common Area
  • Co List Office Mls Id: NRA1262
  • Subdivision Name: none
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.14
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None

Schools

  • Junior High Dist: Highland

Lot Info

  • Lot Dimensions: 50 x 122
  • Lot Size Sq Ft: 6100
  • Parcel #: 450728401016000026

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Total Actual Rent: 19200

Tax Info

  • New Taxes Expense: 2275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Sep 27, 2017
Sold by
Dmitrovich Milena and Dmitrovich John
Bought by
Giragandi Abdelrahim H
Seller's Agent
John Rupp
Advantage Realty Team, LLC
Buyer's Agent
Jovana Ristevski
McColly Real Estate
List Price
$189,000
Sold Price
$189,000
Current Estimated Value
$331,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,208
Avg. Annual Appreciation
8.11%
Original Mortgage
$141,750
Outstanding Balance
$120,491
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$228,681

Purchase Details

Closed on
Apr 7, 2017
Sold by
Dmitrovich Milena and Dmitrovich John
Bought by
Dmitrovich Milena and Dmitrovich John

Purchase Details

Closed on
Nov 22, 2006
Sold by
Dmitrovic Mile and Dmitrovic Milena
Bought by
Dmitrovic Milena and Dmitrovich Milena
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Giragandi Abdelrahim H -- Meridian Title Corp
Dmitrovich Milena -- None Available
Dmitrovich John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giragandi Abdelrahim H $141,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold $189,000 0.0% $55 / Sq Ft
08/29/2017 08/29/17 For Sale $189,000 -- $55 / 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 $7,432 $314,000 $36,400 $277,600
2023 $4,698 $286,400 $36,400 $250,000
2022 $4,698 $234,900 $36,400 $198,500
2021 $4,032 $201,600 $20,200 $181,400
2020 $3,958 $197,900 $20,200 $177,700
2019 $3,703 $182,900 $20,200 $162,700
2018 $4,276 $180,100 $20,200 $159,900
2017 $2,409 $157,900 $20,200 $137,700
2016 $2,321 $154,100 $20,200 $133,900
2014 $2,510 $169,600 $20,200 $149,400
2013 $2,416 $167,800 $20,200 $147,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 421496

Northwest Indiana Association of REALTORS®

APN: 45-07-28-401-016.000-026