NOT LISTED FOR SALE

1058 N Vermillion St Gary, IN 46403

Miller Neighborhood

Estimated Value: $366,000 - $470,914

3 Beds
2 Baths
1,355 Sq Ft
$309/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $212,000 $156 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,648/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Formal Dining Room
  • Recreation Room
  • Main Floor Bedroom
  • 2.5 Car Detached Garage

About This Home

As of November 2018

Just a 1.5 blocks to Lake Michigan beaches. This home is used for Airbnb and family getaways. This fully furnished home is ready for you to enjoy or start making money. 3 bedrooms, 2 baths, fireplace, 2.5 car garage and more. Local amenities include South Shore Stop that makes for a quick trip to Chicago; local shops and restaurants provide plenty of variety and fun as well as the fabulous park and beaches!

Last Agent to Sell the Property

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 09/05/2018

Co-Listed By

Gene Ayers

Ayers REALTORS(r) License #RB14003990

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1949

Lot Details

  • 6,055 Sq Ft Lot
  • Lot Dimensions are 50x121
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,355 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Lake Shore Add East Chicago Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450533207014000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,405

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road, Wooded
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR203
  • Co List Office Mls Id: GNR203
  • Subdivision Name: Lake Shore Add East Chicago
  • Architectural Style: Cape Cod
  • GNR_Exterior: Stone,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: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Refrigerator
  • Interior Amenities: Formal Dining, FP Living/Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Fence, Patio
  • Acres: 0.139

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener, Off Street, Side Drive

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50x121
  • Lot Size Sq Ft: 6055
  • Parcel #: 450533207014000004

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1405

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Nov 12, 2018
Sold by
Mundy Lindsey M
Bought by
Harms Arthur and Harms Mary
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
List Price
$212,000
Sold Price
$212,000
Current Estimated Value
$418,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,729
Avg. Annual Appreciation
10.40%
Original Mortgage
$1,980,800
Outstanding Balance
$1,741,715
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
-$1,322,986

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 27, 2015
Sold by
Finnegan Sandra A and Batistatos Sandra F
Bought by
Mundy Lindsey M
Seller's Agent
Megan Cecil
Cecil Real Estate
List Price
$156,500
Sold Price
$156,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$153,664
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2015
Sold by
Batistatos Speros A
Bought by
Finnegan Sandra A and Batistatos Sandra F

Purchase Details

Closed on
Oct 17, 2006
Sold by
Corralez Paul and Corralez Patricia A
Bought by
Batistatos Speros A and Batistatos Sandra F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harms Arthur -- Meridian Title
Mundy Lindsey M -- Community Title Co
Finnegan Sandra A -- None Available
Batistatos Speros A -- Ticor Mo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harms Arthur $1,980,800
Previous Owner Mundy Lindsey M $153,664
Previous Owner Batistatos Speros A $74,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2018 11/19/18 Sold $212,000 0.0% $156 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $212,000 +35.5% $156 / Sq Ft
07/27/2015 07/27/15 Sold $156,500 0.0% $115 / Sq Ft View Prior Sale
06/02/2015 06/02/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $156,500 -- $115 / 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 $34,703 $394,700 $191,600 $203,100
2023 $5,959 $393,600 $192,000 $201,600
2022 $5,959 $232,600 $41,500 $191,100
2021 $5,570 $217,400 $41,500 $175,900
2020 $5,385 $210,200 $41,500 $168,700
2019 $4,236 $208,800 $41,500 $167,300
2018 $1,370 $124,700 $21,200 $103,500
2017 $1,405 $126,000 $21,200 $104,800
2016 $1,430 $129,800 $20,100 $109,700
2014 $2,970 $126,900 $20,700 $106,200
2013 -- $121,600 $20,800 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR442228

Northwest Indiana Association of REALTORS®

APN: 45-05-33-207-014.000-004