Half Duplex with Two-Car
1368 Mackinaw Place Schererville, IN 46375
1368 Mackinaw Place, Schererville, IN, 46375
$319,900
For Sale
$319,900
SINGLE_FAMILY - Schererville, IN
Property Size1,729 SF
Price / SF$185.02
Days on Market33
Property Features for 1368 Mackinaw Place
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Family Room, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 2
- Parking features
- Driveway
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan(s), Walk-In Closet(s), High Ceilings, Eat-in Kitchen, Entrance Foyer
- Appliances
- Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher, Disposal
- Standard status
- Active
- APN
- 451108126008000036
- Size
- 1,729 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BRIAR COVE SUBDIVISION PHASE 4 E PT OF LOT 17
- Tax Annual Amount
- 2698
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 1
Listing Agency
McColly Real Estate
(219) 322-5508
850 Deer Creek Dr, Schererville, IN
Listed by
Catherine Higgins
(219) 577-5905
Added: Jun 16 Checked: Jul 18 at 10:06 am
MLS# 840769
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.
A well-appointed two-bedroom, two-bath half duplex offering an open-concept layout connecting the family room and kitchen. The home features an impressive foyer with a soaring 16-foot ceiling, bamboo hardwood flooring throughout, and ceiling fans in both bedrooms. The updated kitchen includes a dining area, pantry closet, breakfast bar, Corian countertops, and all stainless-steel appliances. Laundry is conveniently located on the main level with a washer and dryer included. The primary suite offers a large walk-in closet and a private bath, while the second bedroom is positioned at the opposite end of the home with the main bath nearby. A two-car attached garage provides secure parking and additional storage, and the backyard includes a patio.
Located in the Briar Cove community, the property sits with no homes behind it, offering extra privacy. Community amenities include a waterfall and pond. HOA includes ground maintenance, snow removal, and driveway sealing.
Recent improvements include a newer water heater, disposal, and furnace. The home allows up to two pets.
Located in the Briar Cove community, the property sits with no homes behind it, offering extra privacy. Community amenities include a waterfall and pond. HOA includes ground maintenance, snow removal, and driveway sealing.
Recent improvements include a newer water heater, disposal, and furnace. The home allows up to two pets.
Key Highlights
- 1,729 sq ft 2‑bedroom, 2‑bath half duplex built in 2004 in the Briar Cove community
- 16 ft ceiling foyer plus open‑concept family room and kitchen layout
- Updated kitchen with dining area, pantry closet, breakfast bar, Corian countertops, and stainless steel appliances included
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 | $25.9k | $15.00 |
| − Vacancy | −$1.4k | −$0.80 |
| EGI | $24.6k | $14.20 |
| − OpEx | −$7.4k | −$4.26 |
| NOI | $17.2k | $9.94 |
1,729 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$245.6K
$214.9K – $286.5K
NOI $17,189 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$218.5K
$191.2K – $255.0K
NOI $15,297 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$482.7K
$422.3K – $563.1K
NOI $33,787 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-bedroom, two-bath half duplex in Briar Cove with attached two-car garage, patio, and open-concept living areas.
Where is this duplex located?
The property is located at 1368 Mackinaw Place Schererville, IN.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 1,729 sq ft 2‑bedroom, 2‑bath half duplex built in 2004 in the Briar Cove community; 16 ft ceiling foyer plus open‑concept family room and kitchen layout; Updated kitchen with dining area, pantry closet, breakfast bar, Corian countertops, and stainless steel appliances included
