95 Diana Rd · Ogden Dunes, IN 46368

$425,000

3 bd · 2.5 ba · 2,242 sqft · SingleFamily public records · 16 Days on market

Built 1968 0.33 ac lot $190/sqft · at area comps Est $424k · at est. $10/mo HOA · 1% of rent

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.4/15.0
• Cash flow +4.3/30.0
• Livability +3.7/5.0
• Rent growth +3.6/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wow, you'll love all the modern updates to this Dunes home! Freshly painted, neutral colors; newer Pella triple paned windows & shades, newer roof, brand new bathroom updates, rain shower & upgraded fittings, updated kitchen: cherry cabinets, new hardware, solid surface counters, stainless appliances; all new interior doors & closet doors, new glass front door & contemporary fans, all new modern lighting, new carpet lower level. Marantz sound system, retractible projection screen. Grill out on the private back patio surrounded by native plants, or chill out on the front porch. Kick back & enjoy the lifestyle in this Lake Michigan community. Immerse yourself in nature or enjoy water sports on private beach. Short walk to Dunes National lakeshore, hiking/biking trails, cross country skiing, snowshoeing, sledding, tennis courts, playground, soccer field, basketball. Short stroll to South Shore trains accessing Chicago & South Bend airport. Come play in the Dunes & Relax. .. you're home!

Key facts

• New septic tank
• New septic field
• 0.33 acre lot

Tags

• NEW SEPTIC FIELD
• NEW SEPTIC TANK
• HIGH-EFFICIENCY FURNACE
• FRESHLY PAINTED EXTERIOR
• PELLA TRIPLE-PANE WINDOWS
• PRIVATE BACKYARD PATIO

Property features AI

Finance

• Other: Living area reported as 2,242 (1,426 above grade, 816 below grade); Owner-occupied
• HOA & community: Homeowners association with annual fee of $125; Community amenities: park, playground

Exterior

• Parking: Driveway; 2-car garage
• Utilities: Public water; Septic sewer; Natural gas connected; Electricity connected (100 Amp service); Cable connected
• Home design: Brick and cedar exterior; Asphalt roof; Built in 1968
• Construction: Constructed with brick and cedar; Asphalt roof; Built in 1968
• Exterior features: Private yard; Covered patio; Patio; Front porch; Neighborhood view

Interior

• Kitchen: Kitchen island; Stone counters; No appliances included
• Bedrooms: Primary bedroom; Bedroom 2; Bedroom 3; Bedroom 4; Bonus room
• Bathrooms: 1 full bathroom; 1 three-quarter bathroom; 1 half bathroom
• Heating & cooling: Central heating (natural gas, forced air); Central air conditioning
• Interior features: Kitchen island; Stone counters; Finished basement; Insulated windows; Has fireplace (1) — other style
• Laundry & utility: Laundry on lower level

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $425k.

Deal economics

• At list price, monthly cash flow is $-1k ($-14k/yr) — negative.
• To cash-flow at today's rent, offer at most $224k (47.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $198k (53.4% below list).
• Recommended offer: $198k (53.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 73/100 on livability (#102 in IN) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: cost of living C-, amenities F, commute F.
• Portage Township Schools (suburban): math 26% / reading 36% proficiency, ranked #221 of 301 in IN (top 73%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Crisman Elementary School (math 34% / reading 32%, grade F, #639 of 994 statewide, top 65%, 373 students, 64% FRL); Willowcreek Middle School (math 19% / reading 31%, grade F, #247 of 330 statewide, top 76%, 949 students, 59% FRL); Portage High School (math 25% / reading 55%, grade F, #217 of 369 statewide, top 59%, 2,243 students, 55% FRL) — zoned schools average 60% FRL vs 44% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.3%/yr); 316 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 542 units permitted in Porter County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($76k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
• Porter County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($419k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $295k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $197,872 (53.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.47% ✗
• Cap rate: 3.08%
• Cash-on-cash: -11.49%
• DSCR: 0.49
• GRM: 17.9

CMA / ARV

• ARV (median comp): $423,695
• List price: $425,000
• Delta: 0.31%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
99 Diana Rd	0.03mi	3/3.0	2,415 (+8%)	4mo	$369,375	$153	80
18 Indian Camp Trl	0.11mi	3/2.0	2,235 (-0%)	16mo	$424,900	$190	79
17 Indian Camp Trl	0.06mi	4/2.0 (+1)	2,035 (-9%)	4mo	$397,900	$196	72
2 Cedar Ct	0.57mi	3/3.0	2,261 (+1%)	0mo	$510,000	$226	70
122 Diana Rd	0.22mi	4/3.0 (+1)	2,330 (+4%)	13mo	$409,000	$176	66
1 Woodland Trl	0.42mi	2/2.0 (-1)	2,234 (-0%)	13mo	$427,000	$191	62
5 Chestnut Ct	0.37mi	3/2.5	2,351 (+5%)	17mo	$745,000	$317	60
12 Hillcrest Rd	0.59mi	3/2.5	2,312 (+3%)	13mo	$555,000	$240	57
30 Sunset Trl	0.44mi	2/2.0 (-1)	2,458 (+10%)	2mo	$332,500	$135	55
131 Shore Dr	0.59mi	3/2.0	2,432 (+8%)	2mo	$700,000	$288	54
5976 Dune Harbor Dr	0.62mi	3/2.0	2,097 (-6%)	13mo	$425,000	$203	48
5 Cedar Trl	0.73mi	2/2.0 (-1)	2,512 (+12%)	8mo	$531,102	$211	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.29% rent growth · sell at horizon

5-year hold

• IRR: -36.2%
• Equity multiple: -0.17×
• Total profit: $-138,928
• Equity at exit: $63,369

10-year hold

• IRR: -43.3%
• Equity multiple: -0.71×
• Total profit: $-203,897
• Equity at exit: $36,746

Cash invested: $119,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 46368

• Rents YoY: 4.3%
• Active inventory: 316
• Price-to-rent: 17.9×

Monthly cashflow live

• Estimated rent: $1,979 medium
• Mortgage (P&I): −$2,229
• Tax from tax record: −$286 /mo · $3,437/yr
• Insurance: −$177
• HOA: −$10
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $-1,139

Break-even live

Break-even rent $3,421

Max offer price $223,784

Occupancy floor —

Sensitivity live

Price	-10% $-898	-5% $-1,019	+0% $-1,139	+5% $-1,259	+10% $-1,380
Rent	-10% $-1,295	-5% $-1,217	+0% $-1,139	+5% $-1,061	+10% $-983
Rate	-1.0pp $-925	-0.5pp $-1,031	base $-1,139	+0.5pp $-1,249	+1.0pp $-1,361

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $106,250
• Closing costs: $12,750
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
27 Sunset Trl Unit NA Portage, IN	3.0	2.5	2700	$3,900	$1.44	24d	1	0.40mi
31 Shore Dr Portage, IN	4.0	3.0	2732	$4,425	$1.62	24d	1	0.85mi
31 Shore Dr Unit NA Portage, IN	4.0	3.0	2732	$4,425	$1.62	22d	1	0.85mi

HOA detail

• Monthly dues: $10 · $120/yr
• Likely covers: water

Listing history 7 events

1. 2026-05-11
   listed $425,000 Active 1869-char remark
2. 2017-10-11
   soldstatus $295,000 1040-char remark

   Show marketing remark (1040 chars)

   Wow, you'll love all the modern updates to this Dunes home! Freshly painted, neutral colors; newer Pella triple paned windows & shades, newer roof, brand new bathroom updates, rain shower & upgraded fittings, updated kitchen: cherry cabinets, new hardware, solid surface counters, stainless appliances; all new interior doors & closet doors, new glass front door & contemporary fans, all new modern lighting, new carpet lower level. Marantz sound system, retractible projection screen. Grill out on the private back patio surrounded by native plants, or chill out on the front porch. Kick back & enjoy the lifestyle in this Lake Michigan community. Immerse yourself in nature or enjoy water sports on private beach. Short walk to Dunes National lakeshore, hiking/biking trails, cross country skiing, snowshoeing, sledding, tennis courts, playground, soccer field, basketball. Short stroll to South Shore trains accessing Chicago & South Bend airport. Come play in the Dunes & Relax. .. you're home!

3. 2017-05-12
   listed $295,000 1040-char remark

   Show marketing remark (1040 chars)

   Wow, you'll love all the modern updates to this Dunes home! Freshly painted, neutral colors; newer Pella triple paned windows & shades, newer roof, brand new bathroom updates, rain shower & upgraded fittings, updated kitchen: cherry cabinets, new hardware, solid surface counters, stainless appliances; all new interior doors & closet doors, new glass front door & contemporary fans, all new modern lighting, new carpet lower level. Marantz sound system, retractible projection screen. Grill out on the private back patio surrounded by native plants, or chill out on the front porch. Kick back & enjoy the lifestyle in this Lake Michigan community. Immerse yourself in nature or enjoy water sports on private beach. Short walk to Dunes National lakeshore, hiking/biking trails, cross country skiing, snowshoeing, sledding, tennis courts, playground, soccer field, basketball. Short stroll to South Shore trains accessing Chicago & South Bend airport. Come play in the Dunes & Relax. .. you're home!

4. 2014-09-19
   soldstatus $260,750

   Show marketing remark (853 chars)

   Totally updated 4 bedroom 3 bath home. Kitchen remodeled for Christmas 2011. It has subway tile with a glass and marble accented backsplash, solid burnt cherry cabinet doors, kitchen island/table and stainless steel appliances. Newer Pella windows throughout the main level with triple paned/shades in the bedrooms and bathrooms. All bathrooms remodeled. Home theater has screen in ceiling that drops down from ceiling, an awesome Marantz sound system and cork flooring to absorb sound. The garage is oversized 20X28. Beautiful views from your front porch of native flowers and trees. Just one block from the Indiana Dunes National Lakeshore, a birdwatcher's paradise, and a short stroll to the beach. Enjoy cross country skiing during winter in the dunes and wild raspberry picking in the summer. You'll never be bored with so many activities nearby.

5. 2014-01-31
   listed $295,000

   Show marketing remark (853 chars)

   Totally updated 4 bedroom 3 bath home. Kitchen remodeled for Christmas 2011. It has subway tile with a glass and marble accented backsplash, solid burnt cherry cabinet doors, kitchen island/table and stainless steel appliances. Newer Pella windows throughout the main level with triple paned/shades in the bedrooms and bathrooms. All bathrooms remodeled. Home theater has screen in ceiling that drops down from ceiling, an awesome Marantz sound system and cork flooring to absorb sound. The garage is oversized 20X28. Beautiful views from your front porch of native flowers and trees. Just one block from the Indiana Dunes National Lakeshore, a birdwatcher's paradise, and a short stroll to the beach. Enjoy cross country skiing during winter in the dunes and wild raspberry picking in the summer. You'll never be bored with so many activities nearby.

6. 2013-11-03
   historical
7. 2013-08-02
   listed $300,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IN · Partial reset (capped growth)

• Current annual tax: $3,437 · $286/mo
• Projected year-2 tax: $3,525 · $294/mo
• Expected delta: +$88/yr (+$7/mo · 2.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 2/10 Low 7 d/yr ≥100°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,745
• − Mortgage interest: −$23,807
• − Property taxes: −$3,437
• − Insurance: −$2,125
• − Repairs & maintenance: −$1,900
• − Management: −$1,900
• − HOA: −$120
• − Depreciation: −$12,364
• Taxable loss: −$21,907
• Est. tax savings @ 24.0%: +$5,258
• After-tax cash flow: $-8,411/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Portage Township Schools
• NCES district ID: 1809150
• Math proficiency: 26% ▼ -15.00%
• Reading proficiency: 36% ▼ -10.00%
• Median HH income: $53,880
• Composite: 27.37/100
• National rank: #6978
• State rank: #221 of 301 in IN

Livability — Ogden Dunes

• Score: 73/100
• State rank: #102
• US rank: #5511

Category grades

Amenities F Commute F Cost of living C- Crime A+ Employment A+ Housing A+ Health & safety D- User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ogden Dunes, IN
• County: Porter County · 151,647 people
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 40,301
• Household income: $76,368
• Rent vs Own: 26.6% rent · 73.4% own
• Severe rent burden: 856.0

Population outlook (Porter County) Hauer SSP2

• Today (2025): 177,804 people
• By 2030: 181,552 · +2.1%
• By 2040: 185,830 · +4.5%
• By 2050: 187,498 · +5.5%
• By 2075: 189,585 · +6.6%
• By 2100: 183,722 · +3.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Hispanic / Latino 18% Two or more races 10% Black 10% Asian 1%
• Hispanic origin (detail): Mexican 13% Puerto Rican 4%
• Common ancestry: Romanian 6% Slovak 2% Iranian 1%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 6%

Political lean MEDSL · Porter

• 2024 margin: R (+10.5) · D 43.8% · R 54.3% · Other 1.8%
• 2008→2024 swing: -17.7pp toward R · 2008: 7.2pp · 2024: -10.5pp
• All cycles: 2024: R+10.5 2020: R+6.1 2016: R+6.8 2012: D+3.8 2008: D+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -195.94%
• Current HPI: 181.3254
• Rent YoY: ▲ 4.29%
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

+41.7% since first listed

8 events — show timeline

• 2026-05-27 Pending — NIRA MLS as Distributed by MLS Grid
• 2026-05-11 Listed $425,000 NIRA MLS as Distributed by MLS Grid
• 2017-10-11 Sold (MLS) $295,000 NIRA MLS as Distributed by MLS Grid
• 2017-05-12 Listed $295,000 NIRA MLS as Distributed by MLS Grid
• 2014-09-19 Sold (MLS) $260,750 NIRA MLS as Distributed by MLS Grid
• 2014-01-31 Listed $295,000 NIRA MLS as Distributed by MLS Grid
• 2013-11-03 Listing Removed — NIRA MLS as Distributed by MLS Grid
• 2013-08-02 Listed $300,000 NIRA MLS as Distributed by MLS Grid

Property tax history

+3.5%/yr

Latest (2024): $3,437 · +8.2% YoY. Source: county tax records.