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5599 Old Porter Road

5599 Old Porter Road, Portage, IN 46368
Property in Portage
5599 Old Porter Road has been categorized by the local assessors in Portage, IN as a industrial type of property. The building on the property was first built in 1999 and is 25 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5599 Old Porter Road has 29,923 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 82,328 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with metal control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. Finally, the property is currently sourcing its water from none system. The property was last sold in Oct 1, 2021 for $1,585,000. That's $52.97 per sqft. Prior to that sales transaction, the property was also sold in Dec 28, 2005 for $225,200. 5599 Old Porter Road was last assessed in 2023. The total value of the property was assessed at $683,300. Specifically, the land the property is located on was valued at $132,300. While improvements on the property were assessed at a total of $551,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $20,475. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 5
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Metal
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 82,328
  • Total Building Area: 29,923
  • Gross Building Area: 29,923
  • Building Area: 29,923
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 29,923
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Industrial
  • Land Acres: 1.89
  • Standard Land Use Code: Warehouse (industrial)
  • Legal Description 1: PARC IN W100 E300 N832.59 W1/2 NW 11-36-7 1.89A

Ownership

  • Current Owner : ADDITIONAL STORAGE LLC
  • Previous Owner : SMOLAR JOHN
  • Previous Owner 2: SMOLAR SHERRYL L
  • Owner Before Previous Owner: CUNNINGHAM VERN
  • Owner Before Previous Owner 2: SMOLAR JOHN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portage Township Schools
  • Census Tract: 050407

Geography

  • Assessors Map Reference: MP 08-052
  • District: 0008
  • Parcel: 64-05-11-110-013.000-016
  • Municipality: PORTAGE TOWNSHIP
  • Latitude: 41.593
  • Longitude: -87.1987

    Address

  • Full Address: 5599 Old Porter Rd
  • Address - House Number: 5599
  • Address - Street Name: Old Porter
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Portage
  • Carrier Code: C014
  • 4-Digit Zip Code: 1197
  • Zip Code: 46368

Valuation

    Tax

  • Total Area: 4,760
  • Tax Year: 2022
  • Tax Amount: $20,475
  • Tax Rate Code Area: 8:PORTAGE-

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,268,000
  • First Open Lien Mortgage Lender: HORIZON BANK
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $1,268,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2026

    Market Valuation

  • Market Total Value: $683,300
  • Market Land Value: $132,300
  • Market Improvement Value: $551,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $683,300
  • Assessed Land Value: $132,300
  • Assessed Improvements Value: $551,000

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11864369618
  • Current Sale Price: $1,585,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-033385
  • Previous Sale Recording Date: Feb 02, 2006
  • Previous Sale Contract Date: Dec 28, 2005
  • Previous Sale Amount: $225,200
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: HORIZON BANK
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $1,268,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 2026

    Previous Mortgages

  • Previous Mortgage Lender: HORIZON BANK NA
  • Previous Mortgage Transaction Date: Feb 02, 2006
  • Previous Mortgage Loan Amount: $180,139
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: Dec 28, 2010

About Portage



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Frequently Asked Questions

What neighborhood is 5599 Old Porter Road located in?
The 5599 Old Porter Road is a located in the neighborhood of Portage in Portage, Portage.
What is the average sales price for listings in 5599 Old Porter Road?
The average sales price for units in 5599 Old Porter Road is $0 currently.

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