Neighborhood
4310 Arbutus Ln, East Chicago, IN 46312
3 beds · 1 bath · 1,788 sq ft · Lot: 7,245 sq ft · Single Family Home · Built: 1967
Est. Value:
$221K
Est. Rent:
$2K/month

4310 Arbutus Ln East Chicago, IN 46312

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3 beds · 1 bath · 1,788 sq ft · Lot Size: 7,245 sq ft · Single Family Home · Prairie Park
Est. Property Value: $221,274

Owned for 25 - 50 YearsOwner Age Above 75

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4310 Arbutus Ln 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 1967 and is approximately 58 years old. The single family home spans 1788 sq ft with 3 bedrooms and 1 bathroom and sits on a 7245 sq ft lot. According to public records, it was last sold in 1990 and has a tax-assessed value of $130,300, which is $124 per sq ft. The Prairie Park area of East Chicago has 253 residential homes with an average size of 1712 sq ft. Analyze and compare real estate investment strategies for properties like this home at 4310 Arbutus Ln East Chicago, IN 46312 with Property Intel by Whitepages.

Investment Potential for 4310 Arbutus Ln

The property has a current estimated value of $221,274, which is 13% above the neighborhood median, based on public records. It last sold on June 29, 1990. Projected long-term
is $24,000 annually ($2,000 per month) with a 76% occupancy rate.

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
76%in 46312 zip code
 
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Owners & Occupancy for 4310 Arbutus Ln

This property is owned by Marie C Wilson. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(219) ***-****View Cell Phone
Residence****************
Landline(219) 398-9068
Distance from Property**********
Email Address************@gmail.comView Email
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Property Ownership Information

Purchase DateJune 29, 1990
Property Tax Amount$1,162 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 80
Resident 2*****************
Resident 3**************************

Property Details for 4310 Arbutus Ln

Property Details

Property Sq Ft

Living Area

1,788 sq ft

4% above market

Lot Size

7,245 sq ft

2% below market

Price Per Sq Ft

Living Area

$124 / sq ft

11% above market

Lot Size Area

$31 / sq ft

13% above market

Property condition, age, exterior, etc. for 4310 Arbut…
Longitude: -87.441502 Latitude: 41.634011 Parcel Number (APN): 45-03-27-252-018.000-024…
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Recommended Properties in Prairie Park

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Market Benchmarks

Compare data for 4310 Arbutus Ln in Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$221,274
$210,100
$11,174 (5%)
$******
$306,513
-$81,066 (-26%)
YoY Price Change
****%
3.01%
374%
Year Built
1967
1972
-5 years
Living Space
1,788 sq ft
1,582 sq ft
206 (13%)
$ Per Living Sq Ft
$124
$138
-$14 (-10%)
Lot Size
7,245 sq ft
12,807 sq ft
-5562 (-43%)
$ Per Lot Sq Ft
$31
$19
$11 (58%)

Net Operating Income
$*****
$18,060
-$51 (0%)
Annual Revenue
$24,000
$24,600
-$600 (-2%)
$****
$5,949
$42 (1%)
Net Operating Income
$*****
$18,060
-$51 (0%)
Cap Rate
****%
7.89%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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