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  • $272,500

    5536-38 Tulip Ave, Portage, IN 46368

    4beds
    --sqft
    Duplex
    Built in 1973
    -- sqft lot
    $292,500 Zestimate®
    $--/sqft
    $1,379 Estimated rent

    Home value

    $292,500

    $278,000 - $310,000

    $1,379/mo

    Zestimate® history
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    $1,670/mo

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    What's special

    This completely remodeled two-unit property offers an exceptional opportunity for both investors and homeowners looking to offset their mortgage. With a host of modern updates and a prime location, this duplex is a standout choice. Each unit has been meticulously updated to ensure contemporary comfort and style. Both units feature brand new kitchens, complete with modern cabinets, sinks, and eat-in areas, making meal preparation and dining a pleasure. The new flooring throughout adds a fresh, clean look, while the all-new bathrooms provide a touch of luxury and convenience. The property boasts a new roof and new siding fascia, ensuring durability and enhancing curb appeal. Both units are equipped with new air conditioning and furnaces, offering efficient climate control and year-round comfort. Each unit also includes its own laundry facilities, providing convenience and privacy for tenants or homeowners. This feature makes the property highly attractive to potential renters, as it adds a significant level of independence and comfort. For investors, this duplex presents a fantastic opportunity to generate rental income from both units. Alternatively, homeowners can live in one unit while renting out the other, effectively covering the mortgage and potentially generating additional income. With its extensive renovations and thoughtful design, this two-unit property is perfect for those seeking a turnkey investment or a versatile living arrangement. Don't miss the chance to own this beautifully updated and highly functional duplex.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Whitehead,

    RE/MAX Lifestyles 219-462-2121

    Bought with:

    Johnette Gore, RB14050155

    Premier Midwest Realty, INC

    Source: NIRA as distributed by MLS GRID,MLS#: 804995MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Included: None
    Features
    • Eat-in Kitchen, Soaking Tub, Open Floorplan
    Interior area
    • Finished area above ground: 1,830

    Property

    Parking
    • Parking features: Driveway, On Street, Off Site
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Exterior features: Private Entrance
    Lot
    • Size: 0.31 Acres
    • Features: Back Yard, Rectangular Lot, Level, Cleared
    Details
    • Parcel number: 640523152021.000016

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Willowdale Un #6 Sec C
    Location
    • Region: Portage

    Financial & listing details

    • Tax assessed value: $139,700
    • Annual tax amount: $2,794
    • Date on market: 8/29/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,FHA,Conventional

    Price history

    DateEventPrice
    8/27/2024Sold$272,500
    Source: NIRA as distributed by MLS GRID #804995 Report a problem
    6/7/2024Listed for sale$272,500
    Source: NIRA as distributed by MLS GRID #804995 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,309 -26.9%$267,100 +53.7%
    2024$3,158 +13%$173,800 +10.1%
    2023$2,794 +1.2%$157,900 +13%
    2022$2,760 +13.7%$139,700 +1.2%
    2021$2,428 $138,000 +13.7%
    2020$2,428 -62.9%$121,400
    2019$6,552 +6.1%$121,400 -1.5%
    2018$6,176 -14%$123,300 +2.8%
    2017$7,178 +59.9%$120,000 +5%
    2016$4,488 +66.2%$114,300 +0.4%
    2014$2,700 +11.6%$113,900 +0.4%
    2013$2,419 -1.2%$113,500 -2.9%
    2012$2,448 +10%$116,900 +5.1%
    2011$2,225 +9.9%$111,200 +9.9%
    2010$2,025 -13.4%$101,200 -13.4%
    2009$2,339 $116,900
    Find assessor info on the county website

    Neighborhood: 46368

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $292,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $292,500