Date
Details
Price
Change
Source
7/17/2026
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$575,000 Just Listed
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1/22
Property Description
Excellent investment opportunity to acquire a well-maintained 4-unit townhome community in the highly desirable Porter area, just minutes from the Indiana Dunes National Park, I-94, and the South Shore commuter rail. Built in 1993, each spacious unit features approximately 1,330 SF with 2 bedrooms, 1.5 bathrooms, open-concept living areas, vaulted ceilings, granite countertops, stainless steel appliances, private rear decks, and in-unit washer/dryer hookups. Each unit is individually metered with tenants responsible for electric, gas, water/sewer, and trash, minimizing owner expenses. Recent capital improvements include roof replacement, HVAC and water heater updates, and parking lot resurfacing. Current rents provide immediate cash flow with significant upside as rents move toward market levels. An outstanding value-add opportunity in one of Northwest Indiana's strongest rental markets.
Full Property Details
Full Property Details for 1291-1297 Lake Charles Ave
General
- Price: $575,000
- Taxes: $7,500 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 842347
- Updated: 7/17/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: None
- Appliances: Gas Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 4
- Half Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: Additional Parking, Off Street, Paved
Location
- County: Porter
- Township: Westchester
- Subdivision: Lake Charles Sub
- Driving Directions: From I-94, take Exit 22 for IN-49 toward Chesterton/Porter. Head north on IN-49 approximately 2 miles, then turn left (west) onto US-20. Continue approximately 0.5 mile and turn right onto Lake Charles Avenue. Property is located on the left
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1993
Lot Features
- Lot Size (Acres): 0.463
- Lot Size (Sq. Ft.): 20,168
- Lot Features: Back Yard, Paved
Financial Considerations
- Tax Amount: $7,500
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: LAKE CHARLES SUB LOT 13
- Property ID: 640334403004000026
Listed by Ellsbury Group
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NMLS#: 1598647
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Schools
Schools serving 1291-1297 Lake Charles Ave
School District:Duneland School Corporation
| Name | Grades | Distance |
|---|---|---|
Newton Yost Elementary School 100 West Beam Street, Porter, IN 46304 | K-4 | 0.8 mi |
Chesterton Senior High School 2125 South 11th Street, Chesterton, IN 46304 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1291-1297 Lake Charles Ave
Tax History
Tax History for 1291-1297 Lake Charles Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,365
50%
$478,400
41%
2024
$7,580
-10%
$338,800
-10%
2023
$8,439
26%
$376,800
30%
2022
$6,688
2%
$290,300
—
2021
$6,525
—
$290,300
—
2020
$6,525
—
$290,300
—
2019
$6,525
—
$290,300
—
2018
$6,525
—
$290,300
—
2017
$6,525
-1%
$290,300
—
2015
$6,605
—
$290,300
30%
2015
$6,605
3%
$224,000
—
2013
$6,417
6%
$224,000
-37%
2012
$6,081
—
$357,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1291-1297 Lake Charles Ave
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Sold by BHHS Indiana Realty
1291-1297 Lake Charles Avenue, Westchester Township, IN 46304 (MLS# 842347) is a Multi-Family property with units containing 8 bedrooms, 4 full bathrooms and 4 partial bathrooms. 1291-1297 Lake Charles Avenue is currently listed for $575,000 and was received on July 17, 2026. Want to learn more about 1291-1297 Lake Charles Avenue? Do you have questions about finding other Multi-Family real estate for sale in Westchester Township? You can browse all Westchester Township real estate or contact a Coldwell Banker agent to request more information.