Valparaiso, IN 46383
$3,925,000
Property Type:
Residential Income
Bedrooms:
50
Baths:
49
Square Footage:
1
Lot Size (sq. ft.):
87,120
Status:
Closed
Current Price:
$3,925,000
List Date:
11/12/2021
Last Modified:
2/23/2024
Overview
Description
Listing Details MLS# 505015
General Property Information
- New Construction YN
- No
- Number Of Units Total
- 49
- Bedrooms Total
- 50
- Bathrooms Full
- 49
- Rooms Total
- 79
- Bathrooms Total
- 49
- Living Area
- Yes
- Living Area Source
- Estimated
- Year Built
- 1970
- Garage YN
- No
- Lot Size Acres
- 2
- Lot Size Square Feet
- 87120
- Lot Size Dimensions
- SEE Assessor site
- Waterfront YN
- No
- Basement YN
- No
Property Features
Construction Materials:
Asphalt; Brick
Flooring:
Vinyl
Interior Features:
Elevator
Lease Type:
Net
Listing Terms:
Cash; Lease Option; Other
Other Equipment:
None
Owner Pays:
Sewer; Water
Parking Features:
None
Possession:
Subject To Tenant Rights
Road Surface Type:
Asphalt
Tenant Pays:
Electricity; Gas
Utilities:
Electricity Available; Natural Gas Available; Sewer Available
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 3925000
- Lease Considered YN
- Yes
- Lease Term
- Month To Month
- Listing Agreement
- Exclusive Agency
- Occupant Type
- Tenant
Location Tax and Legal
- County
- Porter
- State
- IN
- Postal Code
- 46383
- Subdivision Name
- Woodhull's Add
Remarks and Miscellaneous
- Public Remarks
- 49 Unit Complex, Fully Rented.
Status Change Information
- Major Change Timestamp
- 2021-11-30T22:25:43Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2021-11-30
- Offer Acceptance Date
- 2021-11-13
- Close Date
- 2021-11-30
- Close Price
- 3925000
- Concessions
- No
- Buyer Financing
- Other
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Electric Expense
- 7000
- Expense Year
- 2021
- Gross Scheduled Income
- 480000
- Insurance Expense
- 18000
- Net Operating Income
- 325000
- New Taxes Expense
- 23079
- Total Actual Rent
- 480000
- Water Expense
- 25000
Unit Details
- Number Of One Bedroom Units
- 24
- Number Of Two Bedroom Units
- 25
Showing Requirements
- Showing Instructions
- Call Listing Agent
Historical Information
- Public Historical Remarks
- Array, Lease Type: Net
Listing Office:
Listing Leaders Northwest
Last Updated: February - 23 - 2024
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