Excellent Investment opportunity. 2 Buildings. 3926 & 3922 Butternut This 2 story has 2 units each having 2 beds 1 full bath. Unit #1 recently renovated with new hard surfaces, fresh paint and comes with stove & refrigerator with the added bonus of a flex space. It's all ready for a new tenant to move in! Unit #2 has a long term tenant current lease is up Dec 2025 with a rent of 700.00 per month. The centrally located property has great rental potential with total monthly rents of possibly 1,800.00. Tenants are responsible for the gas & electric. Property being sold AS IS.
Closed
$180,000
3926 Butternut St, East Chicago, IN 46312
8beds
--sqft
MultiFamily
Built in 1918
-- sqft lot
$231,000 Zestimate®
$--/sqft
$1,133 Estimated rent
Home value
$231,000
$171,000 - $289,000
$1,133/mo
Zestimate® history
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$1,169/mo
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Flex spaceFresh paintStove and refrigeratorNew hard surfaces
Zillow last checked:
Listing updated:
Listed by:
Cindy Malmquist,
Key Realty Indiana, LLC 219-292-7056
Bought with:
Christina Lee, RB17000813
The Lyons Group Real Estate
Source: NIRA as distributed by MLS GRID,MLS#: 818390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Appliances
- Included: Refrigerator
Features
- Open Floorplan
- Basement: Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 2,992
Property
Features
- Levels: Two
- Patio & porch: Covered, Front Porch
- Exterior features: None
Lot
- Size: 3,689 sqft
- Features: Back Yard
Details
- Parcel number: 450322451034000024 & 450322451032000024
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: East Chicago
- Subdivision: Indiana Harbor Add 03
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2025 | Sold | $180,000 |
Source:  NIRA as distributed by MLS GRID #818390 Report a problem | ||
| 4/6/2025 | Contingent | $180,000 |
Source: NIRA as distributed by MLS GRID #818390 Report a problem | ||
| 4/6/2025 | Price change | $180,000+50% |
Source: NIRA as distributed by MLS GRID #818390 Report a problem | ||
| 4/2/2025 | Listed for sale | $120,000+84.6% |
Source: NIRA as distributed by MLS GRID #818390 Report a problem | ||
| 5/20/2019 | Listing removed | $65,000 |
Source: RE/MAX Results #454004 Report a problem | ||
| 5/4/2019 | Pending sale | $65,000 |
Source: RE/MAX Results #454004 Report a problem | ||
| 5/1/2019 | Listed for sale | $65,000+293.9% |
Source: RE/MAX Results #454004 Report a problem | ||
| 4/10/2015 | Sold | $16,500-66.8% |
Source: NIRA as distributed by MLS GRID #364399 Report a problem | ||
| 11/20/2014 | Listing removed | $49,765 |
Source: McColly Real Estate #347026 Report a problem | ||
| 4/5/2014 | Listed for sale | $49,765+10.6% |
Source: McColly Real Estate #347026 Report a problem | ||
| 6/3/2013 | Listing removed | $45,000 |
Source: McColly Real Estate #320099 Report a problem | ||
| 1/4/2013 | Listed for sale | $45,000-18.2% |
Source: McColly Real Estate #320099 Report a problem | ||
| 1/1/2012 | Listing removed | $55,000 |
Source: Wold Realty, LLC #290391 Report a problem | ||
| 7/15/2011 | Listed for sale | $55,000 |
Source: Visual Tour #290391 Report a problem | ||
| 3/2/2011 | Listing removed | $55,000 |
Source: Wold Realty, LLC #271784 Report a problem | ||
| 1/16/2011 | Price change | $55,000-8.2% |
Source: Wold Realty, LLC #271784 Report a problem | ||
| 9/4/2010 | Listed for sale | $59,900 |
Source: Wold Realty, LLC #271784 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,618 +10.5% | $88,900 +9.9% |
| 2024 | $1,464 +9.1% | $80,900 +10.5% |
| 2023 | $1,342 +32.1% | $73,200 +9.1% |
| 2022 | $1,016 +9% | $67,100 +32.1% |
| 2021 | $932 +11.8% | $50,800 +9% |
| 2020 | $834 -16.8% | $46,600 +11.8% |
| 2019 | $1,003 -3.2% | $41,700 +9.7% |
| 2018 | $1,035 +26% | $38,000 -1.6% |
| 2017 | $822 | $38,600 +3.8% |
| 2016 | $822 +134.9% | $37,200 +2.2% |
| 2014 | $350 +1.6% | $36,400 +0.8% |
| 2013 | $344 -14.2% | $36,100 -3.2% |
| 2012 | $401 -11.3% | $37,300 -2.9% |
| 2011 | $452 +39.5% | $38,400 +15.7% |
| 2010 | $324 | $33,200 -29.8% |
| 2009 | -- | $47,300 +2.4% |
| 2007 | -- | $46,200 -10.5% |
| 2006 | -- | $51,600 |
| 2005 | -- | $51,600 +405.9% |
| 2003 | -- | $10,200 |
| 2002 | -- | $10,200 +200% |
| 2001 | -- | $3,400 |
Find assessor info on the county website
Neighborhood: Indiana Harbor
Nearby schools
GreatSchools rating
- 5/10George Washington Elementary SchoolGrades: K-6Distance: 0.4 mi
- 4/10Joseph L Block Jr High SchoolGrades: 7-8Distance: 0.5 mi
- 2/10East Chicago Central High SchoolGrades: 9-12Distance: 2.3 mi
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- Indiana
- Lake County
- East Chicago
- 46312
- Indiana Harbor
- 3926 Butternut St
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