651 Axe Avenue, Valparaiso, IN 46383

$750,000
Property Type: Commercial Sale Square Footage: 12,060 Lot Size (sq. ft.): 127,631 Status: Closed
Current Price: $750,000 List Date: 11/28/2022 Last Modified: 1/15/2025

Overview

Description

2.93 Ac Property includes warehouse with storage space and possible apartment upstairs. Many possible uses. This is a great investment property as there are 3 tenants on the property. Current rents total $6700/mo ($600; $600; $5500). Great income potential.

Listing Details MLS# 523247

General Property Information

Number Of Units Total
2
Living Area
12060
Building Area Source
Assessor
Year Built
1971
Parking Total
20
Lot Size Acres
2.93
Lot Size Square Feet
127630.8
Lot Size Source
Assessor
Lot Size Dimensions
irr
Waterfront YN
No
Basement YN
No

Property Features

Building Features: Acoustical Ceiling(s); Commercial Park Location; Exterior Lighting; Open Dock(s); Private Restrooms; Storage Tank Above Ground; Other Construction Materials: Steel Siding Cooling: Central Air Current Use: Investment; Warehouse Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service Exterior Features: Storage Flooring: Carpet; Concrete Foundation Details: Pillar/Post/Pier Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Lock Box Information: SentriLock Parking Features: Gated; Oversized; Paved; Private; Unpaved Possession: Negotiable Possible Use: Automotive; Commercial; Industrial; Mini-Storage; Mixed Use; Office; Recreational; Warehouse Rail Availability: None Road Frontage Type: City Street Roof: Metal Security Features: Fire Hydrant On Site Sewer: Public Sewer Tenant Pays: None Utilities: Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Listing Agent Must Accompany

Contract Information

Auction YN
No
Original List Price
999999
Property Sub Type
Industrial
Listing Agreement
Exclusive Right To Sell
Common Interest
Planned Development
Occupant Type
Owner

Location Tax and Legal

Street Number
651
Street Name
Axe
Street Suffix
Avenue
County
Porter
State
IN
Postal Code
46383
Subdivision Name
Councils Add

Remarks and Miscellaneous

Public Remarks
2.93 Ac Property includes warehouse with storage space and possible apartment upstairs. Many possible uses. This is a great investment property as there are 3 tenants on the property. Current rents total $6700/mo ($600; $600; $5500). Great income potential.

Status Change Information

Major Change Timestamp
2025-01-15T17:31:52Z
Major Change Type
Status Change
Price Change Timestamp
2024-09-04T14:13:09Z
Status Change Timestamp
2025-01-15
Offer Acceptance Date
2024-10-11
Close Date
2025-01-14
Close Price
750000
Concessions
No
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

New Taxes Expense
12328

Lock Box Information

Lock Box Serial Number
523247

Showing Requirements

Showing Instructions
Call LA to schedule

Historical Information

Public Historical Remarks
Utilities: On, Roof Structure: Truss
Listing Office: Seramur Properties, LLC
Last Updated: January - 15 - 2025
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