625 W 39th Place, Hobart, IN 46342
$18,800,000
Property Type:
Residential Income
Bedrooms:
50
Baths:
216
Square Footage:
150,000
Lot Size (sq. ft.):
369,824
Status:
Closed
Current Price:
$18,800,000
List Date:
10/01/2022
Last Modified:
2/23/2024
Overview
Description
Listing Details MLS# 520067
General Property Information
- New Construction YN
- No
- Number Of Units Total
- 144
- Bedrooms Total
- 50
- Bathrooms Half
- 72
- Rooms Total
- 720
- Bathrooms Total
- 216
- Living Area
- 150000
- Living Area Source
- Assessor
- Year Built
- 1972
- Garage YN
- Yes
- Lot Size Acres
- 8.49
- Lot Size Square Feet
- 369824
- Lot Size Dimensions
- 228' x 160'
- Waterfront YN
- No
- Basement YN
- No
- Bathrooms Three Quarter
- 0
- Garage Spaces
- 0
- Carport Spaces
- 0
- Parking Total
- 0
Property Features
Construction Materials:
Brick
Flooring:
Luxury Vinyl; Vinyl
Interior Features:
Elevator
Lease Type:
Net
Listing Terms:
Cash; Conventional; Lease Option; Other
Lot Features:
Agricultural; Open Lot
Other Equipment:
None
Owner Pays:
Sewer; Water
Parking Features:
Detached
Possession:
Close Of Escrow; Subject To Tenant Rights
Special Listing Conditions:
Short Sale
Tenant Pays:
Electricity; Gas
Utilities:
Electricity Available; Natural Gas Available; Sewer Available
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 18800000
- Lease Considered YN
- Yes
- Lease Term
- Month To Month
- Listing Agreement
- Exclusive Agency
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 625
- Street Direction Prefix
- W
- Street Name
- 39th
- Street Suffix
- Place
- County
- Lake
- State
- IN
- Postal Code
- 46342
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- 144 Unit complex with office and pool.
Status Change Information
- Major Change Timestamp
- 2022-10-03T21:26:17Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2022-10-03
- Offer Acceptance Date
- 2022-10-01
- Close Date
- 2022-10-03
- Close Price
- 18800000
- Concessions
- Yes
- Buyer Financing
- Other
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Expense Year
- 2021
- New Taxes Expense
- 256000
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Net Operating Income
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Total Actual Rent
- 0
- Trash Expense
- 0
- Water Expense
- 0
Unit Details
- Number Of One Bedroom Units
- 72
- Number Of Two Bedroom Units
- 72
- Number Of Apartments
- 144
Showing Requirements
- Showing Instructions
- Please refer to listing agent
Historical Information
- Public Historical Remarks
- Array, Lease Type: Net
Location, Tax, and Legal
- Postal Code +4
- 2265
- Tax Assessed Value
- 0
- Tax Legal Description
- Legal Description: PT SW NE PARCEL 1 S.30 T.36 R.7 8.49AC
- Parcel Number
- 450930256001000018
- Township
- Hobart
- Directions
- I65 to W 37th Ave, make a right onto N Wisconsin St then a left onto W 39th Place
Construction Materials
- Brick
- Yes
Flooring
- Luxury Vinyl
- Yes
- Vinyl
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
- Other
- Yes
Lock Box Information
- Lock Box Serial Number
- No
Lot Features
- Agricultural
- Yes
- Open Lot
- Yes
Other Equipment
- None
- Yes
Parking Features
- Detached
- Yes
Possession
- Close Of Escrow
- Yes
- Subject To Tenant Rights
- Yes
Special Listing Conditions
- Short Sale
- 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 - 23 - 2024
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