Off Market5776d on marketHistoric · 104 yrs
613 Ridge St
La Porte, IN, 46350 • 46350 • La Porte County
$169,000
$62/sqft
4Beds
2Baths
2,720Sqft
0.11 acLot
1922Built
Property DNA
Character Home
Built 1922 · 104 years of history
Market activity
Demand and pricing signals for this listing
18 views
People checking out this listing
5776 days on market
Established listing
$62/sqft
Price per square foot
About this home
Multi Family · Built 1922 · Historic
Collect $1,625/month OR MORE on this Duplex Property in La Porte, IN! • Are you looking for real passive income? • Are you looking to multiply your returns in real estate? • Tired of competing over single family units? For less than the price of many Single Family Homes, you can have 2 income-producing units! PRICED TO MOVE QUICKLY: $72,000 Don’t miss out! This multifamily property offers multiple money-generating strategies: ? Pro forma cap rate 20.6% ? Cash on cash return 34.2% ? 5 year annual ROI 70.8% per year ? Stable Property in hot rental area ? No repairs needed ? Great mix of one 2 bed/1 bath and one 3 bed/3 bath ? Priced to MOVE ? Fully occupied ? Perfect small apartment starter ? Priced below market ? Room for rent increases ? Even more possible value plays! This is an off-market deal. For IMMEDIATE DELIVERY of the Property Package: Option 1: Text your name & email to 219-552-8221 and a packet will be emailed within 10 minutes Option 2: Dial the voice box at 219-552-8221 and speak ONLY your name & email – a packet will be emailed within 10 minutes
Estimated monthly payment
Based on current rates
$1,109/month
Principal & Interest$883
Property Tax$169
Insurance$56
Down payment20% ($33,800)
3%50%
Est. 6.82% rate · 30yr fixed · $135,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMultiFamily
Year Built1922
HeatingOther
ParkingGarage - Detached
Property
Home typeMulti Family
Year built1922
Systems
HeatingOther
RoofAsphalt
ConstructionFrame
Parking & Outdoor
ParkingGarage - Detached
BasementFinished
Lot4,791 sqft
Location & Tax
Neighborhood46350
Annual tax$1,474
Parcel460636337005000043
Bathrooms & Fees
Full baths2
Features & details
4 categories of property features
Interior Features
Heating
Other
Fireplace
masonry
Exterior Features
Parking
Garage - Detached
Construction
Frame
Listing insights
Market data and value estimates
StatusOff Market
Days on market5776
Est. value$169,000
Est. rent$1,485/mo
Tax rate0.74%
Price/sqft$62
Last sold$15,500
Tour days6
Views18
How are the schools in La Porte?
3 schools rated nearby
Location
La Porte, IN, 46350
Price history
8 events
DateEventPrice$/sqftSource
Mar 23, 2021Listing Removed——Owner
Jan 30, 2017Listing Removed$72,000$26Owner
Sep 10, 2016Listed For Sale$72,000$26Owner
Jun 16, 2010Sold$15,500$6NIRA as distributed by MLS GRID
May 16, 2010Price Change$21,200$8MTM Realty Group
Apr 29, 2010Price Change$26,200$10MTM Realty Group
Mar 30, 2010Listed For Sale$31,200$11MTM Realty Group
Dec 10, 2009Sold$18,200$7Public Record
Listing Removed—
Mar 23, 2021•Owner
Listing Removed$72,000
Jan 30, 2017•$26/sqft•Owner
Listed For Sale$72,000
Sep 10, 2016•$26/sqft•Owner
Sold$15,500
Jun 16, 2010•$6/sqft•NIRA as distributed by MLS GRID
Price Change$21,200
May 16, 2010•$8/sqft•MTM Realty Group
Price Change$26,200
Apr 29, 2010•$10/sqft•MTM Realty Group
Listed For Sale$31,200
Mar 30, 2010•$11/sqft•MTM Realty Group
Sold$18,200
Dec 10, 2009•$7/sqft•Public Record
Tax history
14 years of records
YearTax paidAssessed value
Apr 10, 2024$1,474—
Apr 10, 2023$1,474$73,700
Apr 10, 2022$1,166$73,700
Apr 10, 2021$1,810$58,300
Apr 10, 2020$1,188$90,500
Apr 10, 2019$1,094$59,400
Apr 10, 2018$856$49,900
Apr 10, 2017$1,250$38,000
Apr 10, 2016$1,110$57,700
Apr 10, 2014$2,016$100,800
Apr 10, 2013$1,954$91,400
Apr 10, 2010—$112,500
Apr 10, 2006$2,890$109,100
Apr 10, 2005—$105,800
Nearby homes
Neighborhood details
Local context around this listing
La Porte, IN • La Porte County
Nearby neighborhoods
Stillwell
Nearby cities
La CrosseLa PorteLong BeachMichigan CityMill CreekRolling PrairieTrail CreekWalkerton
Nearby zip codes
4635046352
Similar homes
No obligation · Same-day response