NOT LISTED FOR SALE

Munster, IN 46321

12 Beds
12 Baths
6,904 Sq Ft
0.3 Acres

Last Sold August 16, 2016

Last sale price $560,000 $81 Per Sq Ft

152 Days on Market

Highlights

  • Deck
  • Balcony
  • Laundry Facilities
  • Munster High School Rated A+
  • Patio
  • Satellite Dish

About This Home

As of August 2016

ADDRESS IN AGENT REMARKS. Super self directed IRA or great 1031 Exchange property. Six unit full brick building with basement, car ports, and paved parking. Six large 2 bedroom, 1.5 bath units. Approx 1025 sq ft per unit. Coin op laundry and tenant storage units in basement. All rents currently $895 per month. Short term leases. Tenants pay gas and electric. Owner pays water, sewer, and scavenger. 7 electric meters, 7 gas meters. Owner meters cover common area heat, security lights, laundry. Apartments have forced air furnaces with central air, kitchen stoves, refrigerators, and newer dishwashers. Quality masonry construction with newer shingled hip roof. Please call your agent for the address. Showings only to qualified buyers with mortgage letter or proof of funds. ADDRESS IN AGENT REMARKS

Last Agent to Sell the Property

John Jurisa

Weichert, Realtors-Moke Agency License #RB14015060 Listed on: 02/05/2016

Weichert, Realtors-Moke Agency

Last Buyer's Agent

Brad Oswald

RE/MAX 10 Schererville License #RB14045193

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75 x 175

Home Design

  • Brick Foundation

Interior Spaces

  • 6,904 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms

Parking

  • 9 Parking Spaces
  • 6 Carport Spaces

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Satellite Dish

Listing and Financial Details

  • Total Actual Rent $64,400
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 450613176031000027

Community Details

Overview

  • 6 Units
  • Broadmoor Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $600
  • Trash Expense $840
  • Water Sewer Expense $1,440
  • New Taxes Expense $10,158
  • Gross Income $1,800
  • Net Operating Income $48,862

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • ResoLaundryFeatures: Common Area
  • Road Surface Type: Asphalt
  • ResoOtherEquipment: Satellite Dish
  • Income And Expenses Maintenance Expense: 600
  • Co List Office Mls Id: NRA769
  • Subdivision Name: Broadmoor
  • WaterExpense: 1440.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 6
  • Total Bedrooms: 12
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Acres: 0.3
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 9

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Fee Information

  • Trash Expense: 840

Lot Info

  • Lot Dimensions: 75 X 175
  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres
  • Parcel #: 450613176031000027
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 1800
  • Insurance Expense: 2500
  • Total Actual Rent: 64400

Tax Info

  • New Taxes Expense: 10158

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2016 08/16/16 Sold $560,000 0.0% $81 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $560,000 -- $81 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Jurisa

    Seller's Agent in 2016

    John Jurisa

    Weichert, Realtors-Moke Agency

    (219) 718-5531

    2 in this area

    28 Total Sales

    John Jurisa
    Section Image

  • B

    Buyer's Agent in 2016

    Brad Oswald

    RE/MAX

    Section Image
See All Agents

Source: Northwest Indiana Association of REALTORS®

MLS Number: 387612

Northwest Indiana Association of REALTORS®
Indiana Lake County Munster

46321

Not Listed for Sale

MultiFamily

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