4822 Kennedy Avenue
East Chicago, IN 46312
- 4 beds
- 2 baths
- 3,012 sqft
- 14,201 sqft lot
- $141 per sqft
- 1921 build
- – on site
Unlock the immense potential of this unique investment property, which features a charming single-family home, an active church, and a spacious building ideal for a gymnasium or versatile flex space. The cozy, livable residence offers a perfect opportunity for a family or as a rental income source. With some minor updates, this home can be transformed into a welcoming space that maximizes its rental potential, catering to a growing demand in the area.The well-maintained church is currently operational, providing a steady income stream while serving as a vital community hub for events, gatherings, and worship services. Its ongoing use not only enhances the property's value but also fosters community connections, making it an attractive option for investors seeking stability and growth.At the rear of the property, the expansive building offers incredible versatility. Imagine it as a gymnasium, community center, or event venue tailored to meet local needs--whatever aligns with your vision. This property is a rare find, blending residential, commercial, and community elements in one ideal location.Situated conveniently near shopping, transportation, and major thoroughfares, this property benefits from high visibility and accessibility, making it appealing to both tenants and visitors. With opportunities for value appreciation through renovations and the potential for diverse income generation, this investment property is truly a canvas waiting for your creative touch. Don't miss out on this exceptional opportunity--contact us today for a viewing and take the first step toward unlocking its full potential!
Last checked:
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Checking…
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Last updated Sep 26, 2024
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MLS# 810682 —
The Building
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Year Built:1921
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New Construction:false
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Architectural Style:Bungalow
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Structure Type:House
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Patio And Porch Features:Front Porch
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Levels:Two
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Basement:Concrete, Storage Space, Unfinished, Full
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Basement:true
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Above Grade Finished Area:3012
Interior
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Room Type:Bedroom 2, Primary Bedroom, Office, Living Room, Kitchen, Dining Room, Bonus Room, Bedroom 3
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Interior Features:Open Floorplan
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Fireplace:false
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Laundry Features:Inside, Laundry Room
Room Dimensions
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Living Area:3012
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Living Area Source:Assessor
Location
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Directions:From Michigan Ave, head north on Kennedy Ave to address.
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Latitude:41.626222
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Longitude:-87.462071
The Property
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Parcel Number:45-03-28-383-031.000-024
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Property Subtype:Single Family Residence
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Property Attached:false
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Lot Features:City Lot, Level
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Lot Size Acres:0.326
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Lot Size Square Feet:14201
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Lot Size Dimensions:100 x 141
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Lot Size Source:Assessor
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Zoning Description:Residential
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View:Neighborhood
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Exterior Features:None
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Fencing:Chain Link
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Waterfront:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (219) 746-5747
- Office phone:
- (219) 663-1986
Taxes
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Tax Year:2023
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Tax Assessed Value:323200
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Tax Legal Description:SUBDIV. SW. S.28 T.37 R.9 ALL L.8 BL.16 ALL L.9 BL.16 SEE ADDITIONAL DESCRIPTION
Beds
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Total Bedrooms:4
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
Heating & Cooling
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Heating:Forced Air, Natural Gas
Utilities
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Utilities:Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
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Electric:200+ Amp Service, Circuit Breakers, 220 Volts
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Free-Standing Gas Range, Microwave, Refrigerator, Free-Standing Refrigerator
Schools
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High School:East Chicago Central High School
The Community
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Subdivision Name:Marked Laid Down
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Senior Community:false
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Community Features:Sidewalks, Street Lights
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Pool Features:None
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Association:false
Parking
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Garage:false
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Parking Features:Asphalt, Paved, Off Street, Gated, Driveway, Common
Monthly cost estimate
Asking price
$425,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,275
|
| Taxes | N/A |
| Insurance | $116 |
| Utilities | $254 See report |
| Total | $2,645/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/26/24
Sep 26, 2024
|
Listed / Active | NIRA | $425,000 |
