Closed

$187,500

508 E Jefferson Ave, La Porte, IN 46350

4beds

2,329sqft

Quadruplex

Built in 1880

-- sqft lot

$-- Zestimate^®

$--/sqft

$2,520 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,520/mo

Zestimate^® history

Owner options

List your home for rent

$2,520/mo

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$2,520/mo

Rent Zestimate^®

Refinance and save

$1,215/mo

Est. payment

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$1,215/mo

Est. payment

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What's special

Well maintained 4 unit multi-family property located in Laporte! Three units are currently rented with one vacant unit, offering immediate upside for owner occupant or value add investor. Strong rental history with consistent cash flow. Strong rental history history with consistent cash flow. Separate units provide flexibility for rent increases or easy lease-up of the vacant unit. Convenient location close to downtown, shopping, school and major routes. Great opportunity to add a solid income-producing asset to your portfolio

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air

Cooling

None

Appliances

Included: Gas Water Heater

Features

Flooring: Mixed
Basement: Unfinished

Interior area

Total structure area: 3,139
Total interior livable area: 2,329 sqft
Finished area above ground: 2,329
Finished area below ground: 0

Property

Parking

Total spaces: 3

Features

Levels: Two
Stories: 2

Lot

Size: 4,791 Square Feet
Dimensions: 40x115
Features: Level

Details

Additional structures: None
Parcel number: 460636309014.000043

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1880

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: La Porte

Financial & listing details

Tax assessed value: $99,100
Annual tax amount: $2,083
Date on market: 2/23/2026
Inclusions: Lease
Lease term: Month To Month
Total actual rent: 40560
Tenant pays: Electricity, Fuel

Price history

Date	Event	Price
4/6/2026	Sold	$187,500-5.8%
Source: IRMLS #202605669 Report a problem
3/5/2026	Pending sale	$199,000
Source: IRMLS #202605669 Report a problem
2/23/2026	Listed for sale	$199,000+43.2%
Source: IRMLS #202605669 Report a problem
6/6/2022	Listing removed	--
Source: NIRA as distributed by MLS GRID #510776 Report a problem
6/6/2022	Listed for sale	$139,000$60/sqft
Source: NIRA as distributed by MLS GRID #510776 Report a problem
5/17/2022	Contingent	$139,000$60/sqft
Source: NIRA as distributed by MLS GRID #510776 Report a problem
5/9/2022	Listed for sale	$139,000+11.2%$60/sqft
Source: NIRA as distributed by MLS GRID #510776 Report a problem
6/18/2021	Sold	$125,000+284.6%$54/sqft
Source: NIRA as distributed by MLS GRID #489557 Report a problem
11/5/2007	Sold	$32,501$14/sqft
Source: NIRA as distributed by MLS GRID #200244 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,046 -2.6%	$99,100 -3.1%
2023	$2,100 +72.7%	$102,300 -2.6%
2022	$1,216	$105,000 +72.7%
2021	$1,216 -26.4%	$60,800
2020	$1,652 +9%	$60,800 -26.4%
2019	$1,516 +11.5%	$82,600 +20.4%
2018	$1,360 +9.7%	$68,600 +12.8%
2017	$1,240 +16.1%	$60,800 +10.9%
2016	$1,068 +10.6%	$54,800 +13.5%
2014	$966	$48,300
2013	$966	$48,300 -41.5%
2010	--	$82,600