Neighborhood
2308 Purdue Dr, East Chicago, IN 46312
4 beds · 2 baths · 1,526 sq ft · Lot: 10,507 sq ft · Single Family Home · Built: 1965
Est. Value:
$200K
Est. Rent:
$2.3K/month

2308 Purdue Dr East Chicago, IN 46312

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4 beds · 2 baths · 1,526 sq ft · Lot Size: 10,507 sq ft · Single Family Home · Prairie Park
Est. Property Value: $199,652

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2308 Purdue Dr is in the Prairie Park neighborhood of East Chicago, IN. It is located in Lake County and ZIP code 46312. This Single Family Home was built in 1965 and is approximately 60 years old. The single family home spans 1526 sq ft with 4 bedrooms and 2 bathrooms and sits on a 10507 sq ft lot. According to public records, it was last sold in 2002 and has a tax-assessed value of $160,600, which is $131 per sq ft. The Prairie Park area of East Chicago has 56 residential homes with an average size of 2170.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2308 Purdue Dr East Chicago, IN 46312 with Property Intel by Whitepages.

Investment Potential for 2308 Purdue Dr

The property has a current estimated value of $199,652, which is 8% below the neighborhood median, based on public records. It last sold on April 03, 2002. Projected long-term
is $27,600 annually ($2,300 per month) with a 76% occupancy rate.

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Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
76%in 46312 zip code
 
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Owners & Occupancy for 2308 Purdue Dr

This property is owned by Esthela Quiroga. Owner contact information includes 2 phone numbers and 5 email addresses.

Property Owners

Cell Phone(219) ***-****View Cell Phone
Residence****************
Landline(219) 398-4133
Distance from Property**********
Email Address********@yahoo.comView Email

Property Ownership Information

Purchase DateApril 03, 2002
Property Tax Amount$1,606 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 67
Resident 2*************** age 76
Resident 3************** age 41
Resident 4********************** age 67
Resident 5***************** age 67
Resident 6****************** age 37

Property Details for 2308 Purdue Dr

Property Details

Property Sq Ft

Living Area

1,526 sq ft

30% below market

Lot Size

10,507 sq ft

35% above market

Price Per Sq Ft

Living Area

$131 / sq ft

23% above market

Lot Size Area

$19 / sq ft

34% below market

Property condition, age, exterior, etc. for 2308 Purdu…
Longitude: -87.443038 Latitude: 41.633242 Parcel Number (APN): 45-03-27-181-029.000-024…
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Recommended Properties in Prairie Park

Discover more single family homes near 2308 Purdue Dr in East Chicago, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2308 Purdue Dr in Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$199,652
$307,814
-$108,162 (-35%)
$430,225
-$226,808 (-53%)
YoY Price Change
Year Built
1965
1988
-23 years
Living Space
1,526 sq ft
2,408 sq ft
-882 (-37%)
$ Per Living Sq Ft
$131
$133
-$2 (-2%)
Lot Size
10,507 sq ft
15,450 sq ft
-4943 (-32%)
$ Per Lot Sq Ft
$19
$25
-$6 (-25%)

Net Operating Income
$23,840
-$3,006 (-13%)
Annual Revenue
$27,600
$32,400
-$4,800 (-15%)
$8,306
-$1,540 (-19%)
Net Operating Income
$23,840
-$3,006 (-13%)
Cap Rate
7.04%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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