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2140 2148 Indianapolis Boulevard

Whiting, IN 46394

9 beds
4 baths
– sqft
~3/4 acre lot
1922 build
– on site

MULTI-FACETED INVESTMENT OPPORTUNITY within minutes of vibrant 119th Street, Whihala Beach on Lake Michigan, and Calumet College of St. Joseph! Sale includes 2 SEPARATE LARGE HOMES, a 10+ car parking lot, and ADDITIONAL VACANT LOTs to the East & West waiting for YOUR vision! The city is open to hearing building plans for the empty areas. Both homes are currently rented to long-term tenants on Month-to-Month leases. 2142 (rented for 1,525 monthly) has 3 bedrooms, 2 full bathrooms (one in hobby space and one in living area), a large eat-in kitchen with family room area, hobby space, and in-unit laundry. 2144 (rented for 1,555 monthly) has 6 bedrooms, 2 full bathrooms (one on each floor), and is freshly painted with new floors. On the main level is the kitchen, living room, and 3 bedrooms (one with a walk-in closet), upper level has an additional large family room area, 3 more bedrooms, and in-unit laundry. One water bill paid by the owner, tenants pay their own NIPSCO (gas/electric).FUTURE DEVELOPMENT of the vacant areas (with ample parking) makes this a particularly appealing asset to invest in! Take your time with plans while collecting 3080 in monthly rental income from the existing homes.

Listing courtesy of NIRA / Listing Leaders

Last checked: Checking… • Last updated Nov 16, 2024 •

MLS# 807173 —

The Building

Year Built:

1922
New Construction:

false
Patio And Porch Features:

Rear Porch
Security Features:

Smoke Detector(s)
Levels:

Two
Basement:

Crawl Space
Basement:

false
Above Grade Finished Area:

4468

Interior

Interior Features:

Eat-in Kitchen, Storage, Walk-In Closet(s), Recessed Lighting, In-Law Floorplan
Fireplace:

false
Laundry Features:

Gas Dryer Hookup, Washer Hookup, In Unit

Room Dimensions

Living Area Source:

Assessor

Location

Directions:

Property is across the street from San Luis Mexican Restaurant along Indianapolis Boulevard.
Latitude:

41.674526
Longitude:

-87.494463

The Property

Parcel Number:

45-03-07-426-009.000-023
Property Subtype:

Duplex
Lot Features:

Cleared, Level, Irregular Lot
Lot Size Acres:

0.83
Lot Size Square Feet:

36154.8
Lot Size Source:

Assessor
Zoning Description:

Residential
Additional Parcels:

true
View:

City, Neighborhood
Exterior Features:

Private Yard
Fencing:

Chain Link, Fenced
Waterfront:

false
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

6040
Tax Legal Description:

FORSYTH-INDIANA BLVD. SUB. SE. 1/2 LOT 5 ALL LOT 6 & All of lots 4,5,6,7 & 8 Forsyth's Indiana Boulevard sub in the city of Hammond

Beds

Total Bedrooms:

9

Baths

Total Baths:

4
Full Baths:

4

Heating & Cooling

Heating:

Forced Air, Natural Gas

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Water Heater, Refrigerator, Oven

Schools

High School District:

Hammond

The Community

Subdivision Name:

Forsyth Indiana Blvd
Senior Community:

false
Community Features:

Lake, Street Lights, Restaurant, Sidewalks
Pool Features:

None
Pets Allowed:

Number Limit
Association:

false

Parking

Garage:

false
Parking Total:

10
Parking Features:

Drive Through, Parking Lot, Outside, Open, On Street, Off Site, Kitchen Level, Gravel

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/19/24 Jul 19, 2024	Listed / Active	NIRA	$349,000	83.7% (22.8% / YR)
11/19/20 Nov 19, 2020		NIRA	$190,000

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This multifamily located in Whiting, IN 46394 is currently for sale for $349,000. 2140 2148 Indianapolis Boulevard is a – square foot multifamily with 9 beds and 4 baths that has been on Estately for 125 days. This multifamily is in the attendance area of Henry W. Eggers Middle School, Franklin Elementary School, and Hammond High School.

Listing Courtesy of: NIRA and Listing Leaders.

Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS® Association, Inc. All rights reserved. The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.