929-935 Glen Park Avenue, Griffith, IN 46319
$585,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$585,000
List Date:
12/24/2024
Last Modified:
4/16/2025
Listing Details MLS# 814281
General Property Information
- Number Of Units Total
- 5
- Building Area Source
- Other
- Year Built
- 1982
- Parking Total
- 40
- Lot Size Source
- Assessor
- Lot Size Dimensions
- HOA PROPERTY
- Waterfront YN
- No
- Basement YN
- No
- Lot Size Acres
- 0
- Lot Size Square Feet
- 0
Property Features
Appliances:
Dishwasher; Free-Standing Electric Oven; Refrigerator
Building Features:
Balcony; Patio; Pool
Construction Materials:
Brick; Cedar
Cooling:
Central Air
Current Use:
Investment
Electric:
Other
Exterior Features:
None
Flooring:
None
Foundation Details:
None
Heating:
Forced Air
Laundry Features:
Common Area
Listing Terms:
Cash; Conventional
Owner Pays:
Electricity; Gas
Parking Features:
Additional Parking; Off Street
Possession:
Subject To Tenant Rights
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Shingle
Sewer:
Public Sewer
Special Listing Conditions:
Standard
Tenant Pays:
All Utilities
Utilities:
Other
Water Source:
Public
Showing Requirements:
Call Listing Agent
Contract Information
- Auction YN
- No
- Original List Price
- 599900
- Property Sub Type
- Multi Family
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 929-935
- Street Name
- Glen Park Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46319
Remarks and Miscellaneous
- Public Remarks
- 5 PROFESSIONALLY MANAGED FULLY RENTED 2BDRM 1 BATH condos are being offered as one package...These units are in 4 separate buildings...These are all long term tenants (4 of them have been here over 10 years)...Rock solid brick buildings with clean hallways, intercom security, tenant storage and coin laundry on every floor...all units come with fridge, stove, dishwasher & fireplace...Plenty of parking...Inground Pool...landscaped common areas with picnic tables...The units are all in good shape and rented...4 of the units have new furnace/AC and tower...a couple of the units could use new carpet but 4 of these tenants have been here for10 plus years...929-303 $945 (930 sq-ft) / 931-101 $950 (1180 sq-ft) / 933-106 $1000 (930 sq-ft) / 935-101 $945 (930 sq-ft) / 935-204 $930 (930 sq-ft)...HOA pays water, sewer, garbage, snow, grass, landscape, maintenance and building insurance...HOA fee 185 per/month...taxes 210 per/month...management fee 65 per/month...There has always been room to grow these rents...With some updates these rents could be increase by 40 or 50 %...Excellent location close to plenty of shopping, dining, entertainment and only a 10-minute drive to the train station.
Status Change Information
- Major Change Timestamp
- 2025-04-16T22:56:25Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2025-04-16
- Offer Acceptance Date
- 2025-02-06
- Close Date
- 2025-04-16
- Close Price
- 585000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Exemption Information
- Exemption YN
- No
Income and Expenses
- Gross Income
- 57240
Location, Tax, and Legal
- Tax Annual Amount
- 2522
- Tax Year
- 2024
- Tax Legal Description
- FOUNTAINHEAD CONDOMINIUMS APT #106 BUILDING #933 / FOUNTAINHEAD CONDOMINIUMS APT #101 BUILDING #935 / FOUNTAINHEAD CONDOMINIUMS APT #204 BUILDING #935 / FOUNTAINHEAD CONDOMINIUMS APT #303 BUILDING #929 / FOUNTAINHEAD CONDOMINIUMS APT #101 BUILDING #931
- Parcel Number
- 450734202006000006
- Additional Parcels YN
- Yes
- Additional Parcels Description
- 45-07-34-202-019.000-006 45-07-34-202-028.000-006 45-07-34-202-051.000-006 45-07-34-202-055.000-006
- Township
- North
- Directions
- LOCATED ON GLEN PARK AVE BETWEEN KENNEDY & CLINE
Appliances
- Dishwasher
- Yes
- Free-Standing Electric Oven
- Yes
- Refrigerator
- Yes
Construction Materials
- Brick
- Yes
- Cedar
- Yes
Cooling
- Central Air
- Yes
Electric
- Other
- Yes
Exterior Features
- None
- Yes
Flooring
- None
- Yes
Foundation Details
- None
- Yes
Heating
- Forced Air
- Yes
Laundry Features
- Common Area
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Additional Parking
- Yes
- Off Street
- Yes
Possession
- Subject To Tenant Rights
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Other
- Yes
Water Source
- Public
- Yes
Owner Pays
- Electricity
- Yes
- Gas
- Yes
Tenant Pays
- All Utilities
- Yes
Current Use
- Investment
- Yes
Building Features
- Balcony
- Yes
- Patio
- Yes
- Pool
- Yes
Rail Availability
- None
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Listing Office:
BHHS Executive Realty
Last Updated: April - 16 - 2025
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