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Sold on 02/25/2024
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1401 Brown Ave, Whiting, IN 46394

$299,000

Last sold 02/25/2024 for $240K

  • 8

    bed

  • 5

    bath

  • 4,173

    Sqft ($58/Sqft)

Multi-family not for sale
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About 1401 Brown Ave

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Lot size 8,450 Sqft
Movoto estimate
Property description
This 4 unit in Whiting is in exceptional condition. Very well cared for with long time tenants. Two separate building consisting of two two bed one bath units and two one bed one bath units. The front building has a large finished basement. New windows, new roofs, new siding means nothing to do on this incredible property. Many of the mechanicals and alliances have also been recently updated. Front lower two bed unit has in unit washer/dryer. Well maintained and extremely clean. basement bathroom, basement two bedrooms, and office in rear two unit not included in bed/bath count. Total bed/bath count including these is 11/6. Buyer's responsibility to verify all income/expense information.
Listed by
Listing Agent - Paul Stout
Listing Office - Briar Executive Realty
Source: NIRA mls logo
MLS#421241 • last updated 2 years ago
Movoto checked NIRA for data 9 minutes ago
Overview
Heating Baseboard, Hot Water, Natural Gas
Type Residential Income
SubType Quadruplex
SqFt 4173
Status Closed
MLS # 421241
Lot Size (Acres) 0.194
Lot Size (SqFt) 8450
Year Built 1950
Interior
Total # of Bathrooms 5
# of Full Baths 5
# Bedrooms 8
Total # of Rooms 24
Laundry In Unit, Other
Interior Features Elevator
Appliances Range, Refrigerator
Exterior
Parking Desc None
Exterior Features Balcony, Storage
Lot Dimensions 65x130
Patio/Porch Deck, Patio, Porch
Fencing Fenced
Amenities / Utilities
Utilities Electricity Available, Natural Gas Available, Sewer Available
Water Source Public
Location
County Lake
Subdivision Park View Add
High School District Hammond
Directions North On Calumet Turn Left On 115th And Right On Brown. Property At Curve On Right Hand Side.
APN 450201430015000000
Multifamily Details
Owner Pays Gas, Sewer, Water
Gross Scheduled Income 52800
Total Rent 52800
Net Operating Income 31680
$299K
Range: $209K-$388K
Last 30 days 
  • Feb 2024
    mls logo MLS # 421241
  • Feb 25, 2024 Sold
    $240,000 (-20.0%)
  • May 23, 2017 Listed
    $300,000
  • Year Property taxes Tax assessment
  • 2024
    $7,732 -37.8%
    $373,300 +43.58%
  • 2023
    $12,427 +81.1%
    $260,000
  • 2022
    $6,860 -47.8%
    $260,000 +1.56%
  • 2021
    $13,141 -0.8%
    $256,000 +3.31%
  • 2020
    $13,253 +79.0%
    $247,800 -3.43%
  • 2019
    $7,402 +14.2%
    $256,600 +6.69%
  • 2018
    $6,479 +73.0%
    $240,500 +15.96%
  • 2016
    $3,745
    $207,400 +3.18%
  • 2015
    $3,745 -5.0%
    $201,000
  • 2014
    $3,941
    —
  • 1401 Brown Ave
    $240K
  • Park View Add
    —
  • 46394
    $232K -10% y/y
  • Whiting
    $233K -11% y/y
No chart available
Statistics calculated by Movoto

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4/10
Benjamin Franklin Elementary School
public Grades PK, K-6
School City Of Hammond
4/10
Henry W Eggers Elem/Md School
public Grades 7-8
School City Of Hammond
2/10
Hammond High School
public Grades 9-12
School City Of Hammond
Source: GreatSchools.org © 2026. All rights reserved.

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