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Whiting 46394
1828 Oliver Street
$100,000
● House - Off Market

1828 Oliver Street

Whiting, IN 46394
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,906 Ft²
$1,024
Est. Monthly
12.07%
Cap Rate

About This Property

SELLER IS MOTIVATED BRING YOUR OFFER!!! ATTENTION INVESTORS ! LOCATION! LOCATION! LOCATION! MILLIONAIRES ROW! OPPORTUNITY TO BRING AN OLD VICTORIAN BACK TO LIFE, RIGHT IN THE HEART OF DOWNTOWN WHITING ON MILLIONAIRES ROW! Across from Nathan Hale Elementary School. Home has fire damage and is being sold as is, seller will not make any repairs. All measurements are approximate.
Unit Size
2,906 Ft²
Days on Market
-
Land Size
-
Price per sqft
$56
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,453
  • Garage Type: 0
  • Garage Square Area: 2,900
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1
  • Location Influence Type: 25

    Dimensions

  • Lot Size Square Feet: 4,760
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 400
  • Total Building Area: 4,359
  • Gross Building Area: 4,359
  • Building Area: 2,906
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,906
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERIDAN PARK ADD
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: SHERIDAN PARK ADD. L.4

Neighborhood

  • School District Name: Whiting School City
  • Census Tract: 040200

Geography

  • Parcel: 45-03-07-226-058.000-025
  • Lot: 4
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.6802
  • Longitude: -87.4947

    Address

  • Full Address: 1828 Oliver St
  • Address - House Number: 1828
  • Address - Street Name: Oliver
  • Address - Suffix Type: St
  • State: IN
  • City Name: Whiting
  • Carrier Code: C014
  • 4-Digit Zip Code: 1725
  • Zip Code: 46394

Valuation

    Tax

  • Total Area: 4,359
  • Tax Year: 2022
  • Tax Amount: $213,000
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 290,158
  • High Value: 360,198
  • Low Value: 220,118

    Market Valuation

  • Market Total Value: $255,400
  • Market Land Value: $48,000
  • Market Improvement Value: $207,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,400
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $207,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 30, 2006
  • Current Sale Recording Date: Feb 07, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2006 009659
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Whiting

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Nearby Rentals

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MRED

Listed by: Jennifer Anderson, McColly Real Estate
Data Source: MRED, MLS# MRD12488386
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1828 Oliver Street built and last sold?
The property at 1828 Oliver Street was built in 1900 and last sold on Jan 30, 2006 for $116,300.
How much is this home worth?
The estimated value of the home located at 1828 Oliver Street is $164,125.
What are some comparable homes to 1828 Oliver Street?
There are currently no comparable homes to 1828 Oliver Street.
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