523 Grove Street

La Porte, IN 46350

$134,000
Price
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This duplex features 2, 1-bed, 1-bath units. Current monthly income in $600 with one vacant unit and the bottom unit expiring on 2/28/2025. With market rents in the area at $1,400 per month per unit, there's excellent potential for increased cash flow. Situated in a desirable LaPorte neighborhood, this property is perfect for investors looking to capitalize on strong rental demand.This duplex features 2, 1-bed, 1-bath units. Current monthly income in $600 with one vacant unit and the bottom unit expiring on 2/28/2025. With market rents in the area at $1,400 per month per unit, there's excellent potential for increased cash flow. Situated in a desirable LaPorte neighborhood, this property is perfect for investors looking to capitalize on strong rental demand.
  1. Listed by Xever Lemieux • Ellsbury Commercial Group LLC
    P: (219)-384-7994 C: (219)-384-7994 Xever@ellsburygroup.com
  2. Listed by Andrew Page • Ellsbury Commercial Group LLC
    P: (630)-251-4246 C: (630)-251-4246 andypage201@yahoo.com

Property Details for 523 Grove Street

Zoning
Residential
Subdivision
Imdiana Improv Co
Pets Allowed
Yes
LISTING UPDATED: 11/12/2024 02:03 PM

Property Details for 523 Grove Street

StatusActive
MLS #811701
Days on Market37
Taxes$1,796 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1910
Lot Size0.13 AC / 5,600 SF
CountyLaPorte County

Building Information for 523 Grove Street

Stories-Residences2Year Built1910Building Size-Lot Size0.13 AC / 5,600 SF

Property Information for 523 Grove Street

Summary
Location and General Information
  • City/Town: La Porte
  • State: IN
  • Township: Center
  • ZIP: 46350
  • Latitude: 41.62
  • Longitude: -86.71
  • County: La Porte
Taxes and HOA
  • Annual Tax Amount: $1,796.00
  • APN/Key #: 460636206007000043
  • Tax Year: 2023
  • Tax Legal Description: 05-06-36-206-007 IMPROVEMENT CO LT 26 BLK 6. SANI ASSMT #71
School Information
  • School District: La Porte
Parking
  • Garage Description: None
Property
Lot Information
  • Lot Square Footage: 5,600.00
  • Acres: .13
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Year Built: 1910
  • Lot Description: City Lot
Utilities
  • Electric: Separate Meters
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Out Buildings: None
  • Levels: One and One Half
Interior Features
  • Appliances: Oven, Refrigerator
  • Basement Type: Concrete
  • Basement: Yes
  • Total Full Baths: 2
  • Cooling: Multi Units, Window Unit(s)
  • Flooring: Carpet, Tile, Laminate
  • Equipment: None
  • Heat Type: Central
  • Interior Features: None
Multi Family
Multi-Family Information
  • # of Units: 2

Property History for 523 Grove Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 523 Grove Street

Taxable ValueLand$10,300Additions$79,500Total$89,800
Tax Record2023$1,872 ($156 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,940 SqFtAbove Grade Finished SqFt1,940 SqFtStories2Lot Size5,600 SqFtStyleSingle Family ResidenceYear Built1910CountyLAPORTEAPN46-06-36-206-007.000-043

Schools near 523 Grove Street

This home is within Laporte Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 12
Public - 5 to 6
Public - 7 to 8
Rating
School
Distance
Hailmann Elementary School
PublicPK to 4

Laporte High School
PublicPK to 12

Kesling Intermediate School
Public5 to 6

Laporte Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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523 Grove Street is a multi-family home for sale in La Porte, IN 46350. This property was listed for sale on October 15, 2024 by Ellsbury Commercial Group LLC, it's currently listed at $134,000. It has been on the market for a total of 37 days and was last sold on January 24, 2022. This listing's school district is Laporte Community School Corp. Nearby schools include Hailmann Elementary School, Laporte High School and Kesling Intermediate School. 523 Grove Street is a 0-bed, 2-bath, multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ellsbury Commercial Group LLC

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.