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Ranch Half Duplex with Patio

10615 Pike Street Crown Point, IN 46307

10615 Pike Street, Crown Point, IN, 46307
$284,900
For Sale
$284,900

SINGLE_FAMILY - Crown Point, IN

Property Size1,581 SF
Lot Size0.16 Acres
Price / SF$180.20
Days on Market17

Property Features for 10615 Pike Street

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Dining Room, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 2
Parking features
Driveway, Garage, Open
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Walk-In Closet(s), Open Floorplan, Kitchen Island, Eat-in Kitchen, Entrance Foyer
Fencing
Fenced
Appliances
Dryer, Washer, Refrigerator, Microwave, Gas Range, Dishwasher
Standard status
Active
APN
451705432002000047
Size
1,581 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
COUNTRY MEADOWS PLANNED DEVELOPMENT RESIDENTIAL S.35FT OF LOT 1
Tax Annual Amount
2953

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
2005
Floors in Building
1
Listing Agency SCHUPP Real Estate
170 Deanna Dr., Lowell, IN
Listed by Christine Benko
Added: Jul 2 Checked: Jul 18 at 9:06 am
MLS# 841659 Listing URL

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained 3-bedroom, 2-bath ranch half duplex offers nearly 1,600 square feet of comfortable living space with a bright, open floor plan. The kitchen includes abundant cabinetry, ample countertop space, a decorative backsplash, and stainless steel appliances. A dining area with built-in cabinetry provides additional storage and serving space. The primary suite features an accent wall, a large walk-in closet, and an attached ensuite bath. Main-floor laundry and an attached two-car garage add everyday convenience.

Outside, the home offers a covered rear patio overlooking a fully fenced backyard. The listed HOA of $75/month includes lawn care and snow removal.

Additional home features include a private primary suite and two additional bedrooms that can be used for flexible needs. A one-year America’s Preferred Home Warranty is included.

Key Highlights

  • 3‑bedroom, 2‑bath ranch half duplex built in 2005 with nearly 1,600 SF of living space
  • Open floorplan with kitchen island, eat‑in kitchen, and ceiling fans throughout
  • Includes stainless steel kitchen appliances: refrigerator, microwave, gas range, dishwasher, plus washer and dryer

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.7k $15.00
− Vacancy −$1.3k −$0.80
EGI $22.5k $14.20
− OpEx −$6.7k −$4.26
NOI $15.7k $9.94
1,581 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$224.5K
$196.5K – $262.0K (±1% cap)
NOI $15,717 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$199.8K
$174.8K – $233.1K (±1% cap)
NOI $13,987 @ 7.0% cap · market cap 4.91%
Theoretical Best
Specialty Retail
$441.4K
$386.2K – $514.9K (±1% cap)
NOI $30,895 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Building Supply Auto Repair Shop Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Auto Parts Store Storage Facility Plumbing Service Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Move-in-ready 3-bedroom, 2-bath ranch half duplex with an attached two-car garage and covered rear patio.
Where is this duplex located?
The property is located at 10615 Pike Street Crown Point, IN.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath ranch half duplex built in 2005 with nearly 1,600 SF of living space; Open floorplan with kitchen island, eat‑in kitchen, and ceiling fans throughout; Includes stainless steel kitchen appliances: refrigerator, microwave, gas range, dishwasher, plus washer and dryer
Contact an agent
More about this property
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