3555-3559 Ash Street, Portage, IN 46368
$4,680,000
Property Type:
Residential Income
Bedrooms:
50
Baths:
44
Square Footage:
40,000
Lot Size (sq. ft.):
112,951
Status:
Closed
Current Price:
$4,680,000
List Date:
3/18/2022
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 509183
General Property Information
- New Construction YN
- No
- Number Of Units Total
- 44
- Bedrooms Total
- 50
- Bathrooms Full
- 44
- Rooms Total
- 162
- Bathrooms Total
- 44
- Living Area
- 40000
- Living Area Source
- Assessor
- Year Built
- 1998
- Garage YN
- No
- Lot Size Acres
- 2.593
- Lot Size Square Feet
- 112951
- Lot Size Dimensions
- 2.59 acres
- Waterfront YN
- No
- Basement YN
- Yes
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
- Garage Spaces
- 0
- Carport Spaces
- 0
- Parking Total
- 0
Property Features
Basement:
Full
Construction Materials:
Brick
Exterior Features:
Balcony; Storage
Flooring:
Carpet
Interior Features:
Elevator
Lease Type:
Net
Listing Terms:
Cash; Lease Option; Other
Other Equipment:
None
Other Structures:
Shed(s)
Owner Pays:
Sewer; Water
Parking Features:
Off Street
Patio And Porch Features:
Deck; Patio
Possession:
Close Of Escrow
Tenant Pays:
Electricity; Gas
Utilities:
Electricity Available; Natural Gas Available; Sewer Available
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 4680000
- Lease Considered YN
- No
- Listing Agreement
- Exclusive Agency
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 3555-3559
- Street Name
- Ash
- Street Suffix
- Street
- County
- Porter
- State
- IN
- Postal Code
- 46368
- Subdivision Name
- N/A
Remarks and Miscellaneous
- Public Remarks
- 44-unit property for sale. MLS does not allow actual number of bedrooms and bathrooms to be displayed. 74 bedrooms and 44 bathrooms. Basement is 19,604 sq ft.
Status Change Information
- Major Change Timestamp
- 2022-03-21T12:03:21Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2022-03-21
- Offer Acceptance Date
- 2022-03-18
- Close Date
- 2022-03-21
- Close Price
- 4680000
- Concessions
- No
- Buyer Financing
- Other
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Electric Expense
- 8000
- Expense Year
- 2021
- Gross Income
- 6000
- Gross Scheduled Income
- 426000
- Insurance Expense
- 20000
- Maintenance Expense
- 5000
- Net Operating Income
- 243229
- New Taxes Expense
- 50771
- Sewer Expense
- 22000
- Supplies Expense
- 15000
- Total Actual Rent
- 42000
- Trash Expense
- 7000
- Water Expense
- 22000
- Manager Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
Unit 1
- Unit Number
- Yes
- Square Feet
- 0
- Rent
- 0
Showing Requirements
- Showing Instructions
- Please contact listing agent
Historical Information
- Public Historical Remarks
- Lease Type: Net
Location, Tax, and Legal
- Postal Code +4
- 5425
- Tax Assessed Value
- 0
- Tax Legal Description
- Legal Description: PARC IN NE 26-36-7 DESC DR466 P463 2.593A DITCH
- Parcel Number
- 640526204005000016
- Township
- Portage
- Directions
- 80/94 East to Ripley. Turn left onto route 6 then a right onto Ash Street. Property on the left
Basement
- Full
- Yes
Construction Materials
- Brick
- Yes
Exterior Features
- Balcony
- Yes
- Storage
- Yes
Flooring
- Carpet
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Lease Option
- Yes
- Other
- Yes
Lock Box Information
- Lock Box Serial Number
- No
Other Equipment
- None
- Yes
Other Structures
- Shed(s)
- Yes
Parking Features
- Off Street
- Yes
Patio And Porch Features
- Deck
- Yes
- Patio
- Yes
Possession
- Close Of Escrow
- Yes
Utilities
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Lease Type
- Net
- Yes
Owner Pays
- Sewer
- Yes
- Water
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
Listing Office:
Listing Leaders Northwest
Last Updated: February - 24 - 2024
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