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Sold on 02/28/2024

8159 Durbin Ter, Crown Point, IN 46307

$509,000

Last sold 02/28/2024 for $345K

  • 9

    bed

  • —

    bath

  • 5,050

    Sqft ($68/Sqft)

Multi-family not for sale
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About 8159 Durbin Ter

Property type Multi-family
Neighborhood
Year built 1976
HOA fee $0/month
Lot size 0.45 Acre
Movoto estimate
Property description
Almost 30K annual INCOME after the bills are paid. One 3 bdrm 2 bath unit and three 2 bedroom 1 bath units. FULLY RENTED Well maintained turnkey investment property. Appliances included. Low HOA pays for trash and snow removal. There is a lifetime warranty in place on the boiler through Nipsco home services. Apartments have newer updated laminate flooring. New water heater.
Listed by
Listing Agent - David Harkabus
Listing Agent Contact: (219) 663-1986
Listing Office - BHHS Executive Realty
Source: NIRA mls logo
MLS#456521 • last updated 2 years ago
Movoto checked NIRA for data 13 minutes ago
Overview
Heating Hot Water
Type Residential Income
SubType Quadruplex
SqFt 5050
Status Closed
MLS # 456521
Lot Size (Acres) 0.45
Lot Size (SqFt) 19602
Year Built 1976
Interior
# of Full Baths 5
# Bedrooms 9
Total # of Rooms 23
Laundry Common Area
Interior Features Elevator
Appliances Dishwasher, Range, Refrigerator
Exterior
Parking Desc Attached
Exterior Features Balcony
Lot Dimensions Irregular
Patio/Porch Deck, Patio
Amenities / Utilities
Utilities Sewer Available
Water Source Public
Location
County Lake
Subdivision Pine Island
Directions From Route 30 Turn South Onto Burr Street. Turn East Onto 81st Place. Turn South Onto Durbin.
APN 451124405001000060
Multifamily Details
Gross Scheduled Income 43500
Total Rent 44400
Net Operating Income 29459
Gross Income 900
$509K
Range: $453K-$564K
Last 30 days 
  • Feb 2024
    mls logo MLS # 456521
  • Feb 28, 2024 Sold
    $345,000 (+16.9%)
  • Jun 13, 2019 Listed
    $349,000 (+16.4%)
  • Feb 2024
    mls logo MLS # 70947
  • Feb 25, 2024 Sold
    $295,000 (-15.5%)
  • Sep 6, 2002 Listed
    $299,900
  • Year Property taxes Tax assessment
  • 2024
    $6,679 -11.4%
    $364,300 -1.54%
  • 2023
    $7,535 +11.6%
    $370,000
  • 2022
    $6,750 +1.5%
    $370,000 +8.31%
  • 2021
    $6,650 -5.3%
    $341,600 +6.92%
  • 2020
    $7,026 +14.0%
    $319,500 -1.87%
  • 2019
    $6,164 +3.2%
    $325,600 +9.89%
  • 2018
    $5,971
    $296,300
  • 8159 Durbin Ter
    $345K
  • Pine Island
    —
  • 46307
    $390K 0% y/y
  • Crown Point
    $369K -2% y/y
No chart available
Statistics calculated by Movoto

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8/10
Homan Elementary School
public Grades PK, K-4
Lake Central School Corp
6/10
Michael Grimmer Middle School
public Grades 5-8
Lake Central School Corp
8/10
Lake Central High School
public Grades 9-12
Lake Central School Corp
Source: GreatSchools.org © 2026. All rights reserved.

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