Investment Potential for 3110 Farmer Dr

The property has a current estimated value of $293,589, which is 11% above the zip median, based on public records. It last sold on May 01, 2024 for $375K. Projected long-term

is $24,600 annually ($2,050 per month) with a 95% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$375,250

Sold May 01, 2024

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$294K

($279K - $307K)

11% above zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 46322.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$24,600 per year($2,050 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

95%in 46322 zip code

View Rental Potential

Owners & Occupancy for 3110 Farmer Dr

This property is owned by Charlotte A Alton. Owner contact information includes 11 phone numbers and 4 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

-$81,661

Purchased May 01, 2024

Number of Owners

1

Property Owners

Property Ownership Information

Purchase Date	May 01, 2024
Property Tax Amount	$2,484 in 2023
Purchase Price	$375,250

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	**************
Resident 2	***************** age 47

Property Details for 3110 Farmer Dr

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

63 years

(Remodeled 2000)

1 year newer than zip median

Property Details

Property Sq Ft

Living Area

1,833 sq ft

33% above market

Lot Size

6,600 sq ft

16% below market

Price Per Sq Ft

Living Area

$160 / sq ft

15% below market

Lot Size Area

$44 / sq ft

33% above market

Property Information

Property condition, age, exterior, etc. for 3110 Farme…

Land & Location Information

Longitude: -87.453792 Latitude: 41.53941 Parcel Number (APN): 45-07-28-478-027.000-026…

Mortgage & Equity Information

Mortgage originated on through lender: Ruoff Mtg for$******View Mortgage Details

Recommended Properties in 46322

Discover more single family homes near 3110 Farmer Dr in Highland, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owned for 10 - 15 Years
$235K - $258K
Est. Value
3145 Eder St, Highland, IN 46322
3 beds · 1 baths · 1,728 sq ft · Last Sold: $148,750 in 2012 · Built: 1957
Large Lot Advantage
$268K - $306K
Est. Value
9005 Kleinman Rd, Highland, IN 46322
3 beds · 1 baths · 1,836 sq ft · Built: 1937
Owner Age 45 - 55
$247K - $264K
Est. Value
3106 Lincoln St, Highland, IN 46322
3 beds · 1 baths · 1,274 sq ft · Last Sold: $153,278 in 2016 · Built: 1958
Large Lot Advantage
$174K - $197K
Est. Value
8201 Wicker Park Dr, Highland, IN 46322
4 beds · 1 baths · 1,184 sq ft · Last Sold: $214,620 in 2023 · Built: 1952
Large Lot Advantage
$215K - $248K
Est. Value
3929 Highway Ave, Highland, IN 46322
2 beds · 1 baths · 2,072 sq ft · Last Sold: $135,367 in 2012 · Built: 1938
Owned for 15 - 25 Years
$227K - $252K
Est. Value
9015 Hess Dr, Highland, IN 46322
3 beds · 1 baths · 1,142 sq ft · Last Sold: $115,000 in 2008 · Built: 1957
Owned for 10 - 15 Years
$292K - $320K
Est. Value
3638 41st Ln, Highland, IN 46322
4 beds · 2 baths · 1,324 sq ft · Last Sold: $164,435 in 2010 · Built: 1970
High Demand Long-Term Rental
$185K - $200K
Est. Value
8941 Ohio Pl, Highland, IN 46322
3 beds · 1 baths · 1,014 sq ft · Built: 1957
Owner Age 45 - 55
$225K - $262K
Est. Value
8420 Parrish Pl, Highland, IN 46322
3 beds · 1 baths · 1,426 sq ft · Built: 1956
High Demand Long-Term Rental
$247K - $277K
Est. Value
8822 Parkway Dr, Highland, IN 46322
3 beds · 2 baths · 2,300 sq ft · Last Sold: $250,000 in 2023 · Built: 1954
Owner Age Above 75
$181K - $196K
Est. Value
9020 Ohio Pl, Highland, IN 46322
3 beds · 1 baths · 1,013 sq ft · Built: 1957
High Demand Long-Term Rental
$289K - $322K
Est. Value
8545 Parrish Ave, Highland, IN 46322
3 beds · 1 baths · 2,430 sq ft · Last Sold: $192,850 in 2007 · Built: 1953
High Demand Long-Term Rental
$173K - $190K
Est. Value
8115 Robertson Pl, Highland, IN 46322
3 beds · 1 baths · 875 sq ft · Built: 1954
Owned for 25 - 50 Years
$244K - $270K
Est. Value
3020 Eder St, Highland, IN 46322
4 beds · 2 baths · 1,008 sq ft · Built: 1960
High Demand Long-Term Rental
$255K - $275K
Est. Value
3447 43rd St, Highland, IN 46322
3 beds · 2 baths · 1,591 sq ft · Built: 1961
Owned for Less Than 5 Years
$196K - $214K
Est. Value
3116 Glenwood St, Highland, IN 46322
2 beds · 1 baths · 800 sq ft · Last Sold: $253,413 in 2024 · Built: 1958
Owned for 5 - 10 Years
$245K - $263K
Est. Value
3431 Laverne Dr, Highland, IN 46322
3 beds · 1 baths · 960 sq ft · Last Sold: $120,000 in 2016 · Built: 1958
Owned for 25 - 50 Years
$255K - $285K
Est. Value
3516 Garfield Ave, Highland, IN 46322
4 beds · 1 baths · 2,072 sq ft · Built: 1949
Owner Age 65 - 75
$308K - $335K
Est. Value
3100 99th St, Highland, IN 46322
4 beds · 1 baths · 2,002 sq ft · Built: 1967
Valued below Market Median
$151K - $163K
Est. Value
9745 Kennedy Ave, Highland, IN 46322
2 beds · 2 baths · 1,308 sq ft · Built: 2001

Market Benchmarks

Compare data for 3110 Farmer Dr in Lake County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$293,589

$265,391

$28,198 (11%)

$210,100

$83,489 (40%)

$******

$********

$***** (****%)

$306,513

$52,552 (17%)

YoY Price Change

****%

3.01%

404%

Year Built

1962

1961

1 year

1972

-10 years

Living Space

1,833 sq ft

1,374.5 sq ft

458 (33%)

1,582 sq ft

251 (16%)

$ Per Living Sq Ft

$160

$189

-$29 (-15%)

$138

$22 (16%)

Lot Size

6,600 sq ft

7,857 sq ft

-1257 (-16%)

12,807 sq ft

-6207 (-48%)

$ Per Lot Sq Ft

$44

$33

$11 (33%)

$19

$25 (130%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*** (****%)

$18,060

-$1,373 (-8%)

Annual Revenue

$24,600

$23,400

$1,200 (5%)

$24,600

$0 (0%)

$****

$*** (****%)

$5,949

$1,964 (33%)

Net Operating Income

$*****

$*** (****%)

$18,060

-$1,373 (-8%)

Cap Rate

****%

—

7.89%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Cell Phone	(708) *-**View Cell Phone
Residence	************
Landline	(360) 577-3563
Distance from Property	**********
Email Address	**********@aol.comView Email

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	1
Year Built	1962
Building Sq Ft	1,833 sq ft
Lot Size	0 Acres
Living Space	1,833 sq ft
Heating / Fuel	Hot Water Steam
Air Conditioning	Central A/C
Roof Covering	Asphalt Shingle
Garage	Garage
Sewer	Public

APN	45-07-28-478-027.000-026
Census Tract	0408023009
Municipality	North Twp
County	Lake
Subdivision	Ellendale Add 02
Neighborhood	46322
Longitude / Latitude	-87.453792 / 41.53941
Lot Size	6,600 sq ft

Loan Amount	$******
Lender	Ruoff Mtg
Origination Date	May 01, 2024
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	*************
Equity	View Equity

3110 Farmer Dr Highland, IN 46322

property value

$293,589

market valuation

$265,391

market valuation

$265,360

investment intelligence

Investment Potential for 3110 Farmer Dr

rental income

property appreciation

Last Sale Amount

$375,250

property value

$294K

($279K - $307K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 3110 Farmer Dr

Occupancy

Appreciation Since Purchased

-$81,661

Number of Owners

1

Property Owners

Charlotte A Alton, age **

Property Ownership Information

Occupancy

Property Details for 3110 Farmer Dr

Estimated Mortgage Balance

Estimated Equity

$****

Property Age

63 years

(Remodeled 2000)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 46322

$235K - $258K

Est. Value

3145 Eder St, Highland, IN 46322

3 beds · 1 baths · 1,728 sq ft · Last Sold: $148,750 in 2012 · Built: 1957

$268K - $306K

Est. Value

9005 Kleinman Rd, Highland, IN 46322

3 beds · 1 baths · 1,836 sq ft · Built: 1937

$247K - $264K

Est. Value

3106 Lincoln St, Highland, IN 46322

3 beds · 1 baths · 1,274 sq ft · Last Sold: $153,278 in 2016 · Built: 1958

$174K - $197K

Est. Value

8201 Wicker Park Dr, Highland, IN 46322

4 beds · 1 baths · 1,184 sq ft · Last Sold: $214,620 in 2023 · Built: 1952

$215K - $248K

Est. Value

3929 Highway Ave, Highland, IN 46322

2 beds · 1 baths · 2,072 sq ft · Last Sold: $135,367 in 2012 · Built: 1938

$227K - $252K

Est. Value

9015 Hess Dr, Highland, IN 46322

3 beds · 1 baths · 1,142 sq ft · Last Sold: $115,000 in 2008 · Built: 1957

$292K - $320K

Est. Value

3638 41st Ln, Highland, IN 46322

4 beds · 2 baths · 1,324 sq ft · Last Sold: $164,435 in 2010 · Built: 1970

$185K - $200K

Est. Value

8941 Ohio Pl, Highland, IN 46322

3 beds · 1 baths · 1,014 sq ft · Built: 1957

$225K - $262K