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Highland 46322
3500 GRAND Boulevard
$114,000
● House - Off Market

3500 GRAND Boulevard

HIGHLAND, IN 46322
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$226,558
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

VACANT & EASY TO SHOW. NO DISCLOSURES/ NO SURVEY PROVIDED BY SELLER. BUYER RESPONSIBLE FOR ALL INSPECTIONS, COMPL & ESCROWS AS NEEDED. BUYER TO VERIFY ROOM COUNT & DIMENSIONS. CONTACT LISTING OFFICE FOR VA FORMS; FAX OFFERS ON VA FORMS WITH PRE-APPROVAL OR PROOF OF FUNDS TO LISTING OFFICE. VENDEE FINANCING AVAILABLE. EARNEST MONEY MUST BE CASHIERS CHECK. AS-IS. ALLOW TIME FOR RESPONSE.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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

Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 12
  • 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: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 7,320
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,773
  • Gross Building Area: 2,773
  • Building Area: 2,773
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,773
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMESTEAD GARDENS MASTER ADD
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: HOMESTEAD GARDENS MASTER ADD. BLOCK 26 LOT 5

Neighborhood

  • School District Name: Highland School Town
  • Census Tract: 040700

Geography

  • Parcel: 45-07-22-177-001.000-026
  • Block: 26
  • Lot: 5
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.5625
  • Longitude: -87.4444

    Address

  • Full Address: 3500 Grand Blvd
  • Address - House Number: 3500
  • Address - Street Name: Grand
  • Address - Suffix Type: Blvd
  • State: IN
  • City Name: Highland
  • Carrier Code: C007
  • 4-Digit Zip Code: 1335
  • Zip Code: 46322

Valuation

    Tax

  • Total Area: 2,773
  • Tax Year: 2022
  • Tax Amount: $158,900
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2421
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 269,687
  • High Value: 335,005
  • Low Value: 204,369

    Market Valuation

  • Market Total Value: $135,000
  • Market Land Value: $38,200
  • Market Improvement Value: $96,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,000
  • Assessed Land Value: $38,200
  • Assessed Improvements Value: $96,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 02, 2008
  • Current Sale Recording Date: Oct 15, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2008 070885
  • Previous Sale Recording Date: Dec 19, 2007
  • Previous Sale Contract Date: Dec 17, 2007
  • Previous Sale Document Type: 20
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 Highland

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$190

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1312 ft²

Average Home Age

30.7 years

Currently For Sale

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

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Ayoub Rabah, Great Street Properties, Inc.
Data Source: MRED, MLS# MRD06923989
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 3500 Grand Boulevard built and last sold?
The property at 3500 Grand Boulevard was built in 1969 and last sold on Sep 2, 2008 for $138,200.
How much is this home worth?
The estimated value of the home located at 3500 Grand Boulevard is $114,953.
What are some comparable homes to 3500 Grand Boulevard?
There are currently no comparable homes to 3500 Grand Boulevard.
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