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1500 Old Porter Rd, Porter, IN 46304

$256,000
Last sold 10/06/2023 for $140K
2
bed
1
bath
1,032
Sqft ($136/Sqft)

House not for sale

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About 1500 Old Porter Rd

Property type House

Neighborhood

Year built 1900

HOA fee $0/month

Lot size 5.25 Acre

Movoto estimate

Rental estimate

Property description

Loads of opportunity on this combined 5.25 acre 2 lot collection with turn-of-the-century brick home on Old Porter Rd with billboard income! House needs complete renovation, but offers living room, kitchen, bedroom, full bath and laundry hall on main floor. Additional bedroom upstairs. Unfinished full basement with newer HVAC unit. **Electric disconnected at pole. No electric so daytime showings only .** Larger 22x42 outbuilding and small shed, plus dilapidated barn. 2 Lamar Billboards - income in current lease starting Dec 1st, 2020 is $8,000 a year! Sale is subject to assignment of billboard lease to Buyer. Note: 2 APN #s, second one is64-03-34-300-017.000-026. Appliances on property stay, as-is no guarantee of condition or performance.

Listed by

Listing Agent - Matt Evans

Listing Office - RE/MAX Lifestyles

Source: NIRA

MLS#484298 • last updated 2 years ago

Movoto checked NIRA for data 9 minutes ago

Overview
Heating	Forced Air, Natural Gas
Levels/Style	Two
Type	Residential
SubType	Single Family Residence
SqFt	1032
Status	Closed
MLS #	484298
Lot Size (Acres)	5.25
Lot Size (SqFt)	228690
Property Tax	2566
Year Built	1900
Property Condition	Fixer

Interior
Total # of Bathrooms	1
# of Full Baths	1
# Bedrooms	2
Total # of Rooms	4
Interior Features	Primary Downstairs
Appliances	None

Exterior
Parking Desc	Other
Lot Dimensions	Irr
Lot Desc	Open Lot, Paved

Amenities / Utilities
Utilities	Electricity Available, Natural Gas Available
Water Source	Well

Location
County	Porter
High School District	Duneland School Corporation
High School	Chesterton Senior High School
Directions	Meridian Rd To 1100 N. Go West On 1100 N To 23rd St. Head North On 23rd St. Go West On Marquette Rd, Follow To Mineral Springs Rd. Turn North On Mineral Springs Rd And Then Turn West On Old Porter Rd. Home Will Be On The Northside Of The Road.
APN	640334300016000000

Lot/ Land Details
Road Surface	Paved

$256K

Range: $92.1K-$419K

Last 30 days

Rental est.: $1,220/month

• Gross rent multiplier: 9.6 - Good

Lower your payment with the loan terms that fit you.

Oct 2023
MLS # 484298
Oct 6, 2023 Sold
$140,000 (-17.4%)
Dec 9, 2020 Active Undr Contract
—
Dec 9, 2020 Contingent - Si
—
Oct 30, 2020 Listed
$169,500

Year Property taxes Tax assessment
2024
$312 -12.5%

$14,100 +7.63%
2023
$357 -0.4%

$13,100
2022
$358 +0.7%

$13,100
2021
$356 +14.4%

$13,100
2020
$311 -6.8%

$13,100 +15.93%
2019
$333 +2.0%

$11,300
2018
$327 -47.6%

$11,300
2017
$624 +3.6%

$11,300
2016
$603

—
2015
$603

—

1500 Old Porter Rd
$140K
N/a
—
46304
$437K +9% y/y
Porter
$284K -31% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1510 Old Porter Rd, Porter, IN 46304	$350,000	3/2	1,876	0.05
1550 Old Porter Rd, Porter, IN 46304	$408,000	4/3	2,950	0.05
1472 Port Cove Dr, Porter, IN 46304	$397,000	3/3	2,362	0.07
1500 Port Cove Dr, Porter, IN 46304	$353,000	3/2	1,945	0.07
1498 Port Cove Dr, Porter, IN 46304	$343,000	3/2	1,381	0.07
1518 Port Cove Dr, Porter, IN 46304	$350,000	3/3	1,484	0.08
1462 Port Cove Dr, Porter, IN 46304	$341,000	3/2	1,390	0.08
1452 Port Cove Dr, Porter, IN 46304	$335,000	3/2	1,532	0.09

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.