$40,500
SOLD APR 4, 2023
3 Beds
1.5 Baths
1,860 Sq Ft
7,754 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

46% Below List Price

165 Days on Market

Highlights

  • Formal Dining Room
  • Enclosed patio or porch
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Living Room
  • Forced Air Heating System

About This Home

As of February 2024

Great opportunity for investors or home ownership. Lots of potential in this large 3 bedroom home on huge corner lot near major highway, shops and restaurants. Instant cash flow. Set up your showing today. Home is being sold as is.

Last Agent to Sell the Property

Luke Weinman

VIA Realty License #RB21000512 Listed on: 08/22/2022

Last Buyer's Agent

Rebecca Olson

Listing Leaders Affiliated License #RB18001745

Listing Leaders Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1922

Lot Details

  • 7,754 Sq Ft Lot
  • Lot Dimensions are 62x125
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement

Kitchen

  • Portable Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Kelley Semmes Blvd Heights Add Subdivision
  • Net Lease

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 450828482022000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,001

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1922
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Satellite Dish
  • Co List Office Mls Id: GNR1918
  • Co List Office Mls Id: GNR1918
  • Subdivision Name: Kelley-Semmes Blvd Heights Add
  • Architectural Style: Two Story
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: true
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Range Hood, Refrigerator, Washer, Window/Wall Air Cond
  • Interior Amenities: Formal Dining, Main Floor Bathroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Enclosed, Fence
  • Acres: 0.178

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 62x125
  • Lot Size Sq Ft: 7754
  • Parcel #: 450828482022000004

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1001

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Feb 26, 2024
Sold by
Shields Shanna
Bought by
Shields Shanna and Muhammad Jamil H
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Erik Tinoko
New Chapter Real Estate
List Price
$199,900
Sold Price
$198,000
Premium/Discount to List
-$1,900
-0.95%
Views
170
Current Estimated Value
$204,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,170
Avg. Annual Appreciation
2.28%
Original Mortgage
$11,880
Interest Rate
6.6%

Purchase Details

Listed on
Nov 27, 2023
Closed on
Feb 22, 2024
Sold by
Olson Group Network Llc
Bought by
Shields Shanna
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Erik Tinoko
New Chapter Real Estate
List Price
$199,900
Sold Price
$198,000
Premium/Discount to List
-$1,900
-0.95%
Views
170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,880
Interest Rate
6.6%

Purchase Details

Listed on
Aug 22, 2022
Closed on
Apr 5, 2023
Sold by
Crum James
Bought by
Olson Group Network Llc
Seller's Agent
Luke Weinman
VIA Realty
Buyer's Agent
Rebecca Olson
Listing Leaders Affiliated
List Price
$75,000
Sold Price
$40,500
Premium/Discount to List
-$34,500
-46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
483.16%
Original Mortgage
$55,750
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2017
Closed on
Dec 22, 2017
Sold by
Notewerrx Software Solutions
Bought by
Cook James
Seller's Agent
Joseph McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Lee Gill
Eagle Pro Realty
List Price
$6,300
Sold Price
$6,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.35%

Purchase Details

Closed on
Mar 29, 2017
Sold by
Home Ravery Find Llc
Bought by
Software Soution Its

Purchase Details

Closed on
Oct 24, 2013
Sold by
Humphries Johnnie
Bought by
American Home Recovery Fund Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $198,000 None Listed On Document
Warranty Deed $198,000 None Listed On Document
Warranty Deed $40,500 None Listed On Document
Warranty Deed -- Indiana Title Network Co
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $11,880 No Value Available
Previous Owner $189,865 FHA
Previous Owner $55,750 New Conventional
Previous Owner $8,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $198,000 -5.7% $75 / Sq Ft
01/22/2024 01/22/24 Price Changed $209,900 +5.5% $80 / Sq Ft
01/05/2024 01/05/24 Price Changed $198,900 -0.1% $75 / Sq Ft
12/14/2023 12/14/23 Price Changed $199,000 -0.5% $75 / Sq Ft
11/27/2023 11/27/23 For Sale $199,900 +393.6% $76 / Sq Ft
04/04/2023 04/04/23 Sold $40,500 -46.0% $22 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
08/22/2022 08/22/22 For Sale $75,000 +1090.5% $40 / Sq Ft
12/26/2017 12/26/17 Sold $6,300 0.0% $3 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
10/14/2017 10/14/17 For Sale $6,300 -- $3 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,246 $156,300 $14,000 $142,300
2023 $1,500 $59,500 $14,000 $45,500
2022 $1,428 $55,300 $9,400 $45,900
2021 $1,327 $51,400 $9,400 $42,000
2020 $1,001 $38,700 $9,400 $29,300
2019 $891 $38,800 $9,500 $29,300
2018 $1,018 $40,900 $9,700 $31,200
2017 $987 $40,300 $9,700 $30,600
2016 $1,279 $54,400 $9,700 $44,700
2014 $1,365 $57,700 $11,400 $46,300
2013 $1,698 $74,900 $11,400 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR518582

Northwest Indiana Association of REALTORS®

APN: 45-08-28-482-022.000-004