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929-935 Glen Park Avenue, Griffith, IN 46319
$585,000
Property Type:
Residential Income
Lot Size (sq. ft.):
174,240
Status:
Closed
Current Price:
$585,000
List Date:
1/14/2025
Last Modified:
4/16/2025
Overview
Description
...
(Read more)
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)...These are 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 for 10 plus years...929-303 rent at 945 (930 sq-ft) / 931-101 rent at 950 (1180 sq-ft) / 933-106 rent at1000 (930 sq-ft) / 935-101 rent at 945 (930 sq-ft) / 935-204 rent at 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 to 1400 or 1500...Excellent location close to plenty of shopping, dining, entertainment and only a 10-minute drive to the train station.
Listing Details MLS# 814886
General Property Information
- New Construction YN
- No
- Number Of Units Total
- 5
- Above Grade Finished Area
- 9301180
- Year Built
- 1982
- Garage YN
- No
- Lot Size Acres
- 4
- Lot Size Square Feet
- 174240
- Lot Size Source
- Other
- Waterfront YN
- No
- Fireplace YN
- Yes
Property Features
Appliances:
Other
Community Features:
Pool
Cooling:
Central Air
Exterior Features:
Other
Fireplace Features:
Other
Flooring:
Carpet; Linoleum; Tile
Heating:
Forced Air
Interior Features:
Other
Levels:
1-Sty/Ranch/Bungalow
Listing Terms:
Cash; Conventional
Lot Features:
Other
Owner Pays:
Other
Parking Features:
Additional Parking
Pets Allowed:
Yes
Possession:
Subject To Tenant Rights
Sewer:
Public Sewer
Tenant Pays:
Electricity; Gas
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 599900
- Property Sub Type
- Apartment
- Listing Agreement
- Exclusive Right To Lease
Location Tax and Legal
- Street Number
- 929-935
- Street Name
- Glen Park
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46319
- Subdivision Name
- none
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)...These are 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 for 10 plus years...929-303 rent at 945 (930 sq-ft) / 931-101 rent at 950 (1180 sq-ft) / 933-106 rent at1000 (930 sq-ft) / 935-101 rent at 945 (930 sq-ft) / 935-204 rent at 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 to 1400 or 1500...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
- 2025-04-16T22:55:41Z
- 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
Fireplace Features
- Fireplaces Total
- 5
- Other
- Yes
Unit 1
- Unit Description
- BUILDING 929
- Unit Number
- 303
- Square Feet
- 930
- Occupied YN
- Yes
- Rent
- 945
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Unit 2
- Unit Description
- BUILDING 931
- Unit Number
- 101
- Square Feet
- 1180
- Occupied YN
- Yes
- Rent
- 950
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Unit 3
- Unit Description
- BUILDING 933
- Unit Number
- 106
- Square Feet
- 930
- Occupied YN
- Yes
- Rent
- 1000
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Unit 4
- Unit Description
- BUILDING 935
- Unit Number
- 101
- Square Feet
- 930
- Occupied YN
- Yes
- Rent
- 945
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
Unit 5
- Unit Description
- BUILDING 935
- Unit Number
- 204
- Square Feet
- 930
- Occupied YN
- Yes
- Rent
- 930
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
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
- Other
- Yes
Community Features
- Pool
- Yes
Cooling
- Central Air
- Yes
Exterior Features
- Other
- Yes
Flooring
- Carpet
- Yes
- Linoleum
- Yes
- Tile
- Yes
Heating
- Forced Air
- Yes
Interior Features
- Other
- Yes
Levels
- 1-Sty/Ranch/Bungalow
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Other
- Yes
Parking Features
- Additional Parking
- Yes
Possession
- Subject To Tenant Rights
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Owner Pays
- Other
- Yes
Pets Allowed
- Yes
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
Listing Office:
BHHS Executive Realty
Last Updated: April - 16 - 2025
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