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
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
- Garage Spaces
- 0
- Carport Spaces
- 0
- Parking Total
- 0
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
- Gross Income
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Trash Expense
- 0
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
Location, Tax, and Legal
- Postal Code +4
- 3770
- Tax Assessed Value
- 0
- Tax Legal Description
- Legal Description: E409.5 OF S244.5 SE 13-35-6 2.19A
- Parcel Number
- 640913477056000004
- Township
- Center
- Directions
- roosevelt rd north to evans make left property on north side of road
Construction Materials
- Asphalt
- Yes
- Brick
- Yes
Flooring
- Vinyl
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Lease Option
- Yes
- Other
- Yes
Lock Box Information
- Lock Box Serial Number
- No
Other Equipment
- None
- Yes
Parking Features
- None
- Yes
Possession
- Subject To Tenant Rights
- Yes
Road Surface Type
- Asphalt
- 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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