NOT LISTED FOR SALE

1058 N Vermillion St Gary, IN 46403

Miller Neighborhood

Estimated Value: $360,000 - $440,000

3 Beds
2 Baths
1,355 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 19, 2018

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

Est. 91% increase in value since last sale

Current estimated payment $2,663/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • 2.5 Car Detached Garage
  • Recreation Room
  • Formal Dining Room
  • Cooling Available

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 Listed By

Nancy Del Prado

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

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

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

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
  • 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
Total Days on Market
8
Current Estimated Value
$405,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,243
Avg. Annual Appreciation
10.46%
Original Mortgage
$1,980,800
Outstanding Balance
$1,758,640
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
-$1,353,397

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Gary, IN

  • 8045 Oak Ave, Gary, IN 46403

    $329,900

    • 3 Beds
    • 2 Baths
    • 1,936 Sq Ft
    • 8045 Oak Ave
    • Gary, IN

    Just one short block to the white sand beaches of the southern shores of Lake Michigan. This updated and well maintained ranch style home with full finished basement has 2 bedrooms up, one bedroom down and 2 bathrooms. Lots of parking for your friends that will visit you to enjoy the beach. Don't forget, this neighborhood is completely surround by the Indiana Dunes National Park with hiking and

    Gene Ayers Ayers REALTORS(r)

    Section Image
  • 1033 N Sullivan St, Gary, IN 46403

    $330,000

    • 2 Beds
    • 2 Baths
    • 1,966 Sq Ft
    • 1033 N Sullivan St
    • Gary, IN

    First time on the market in 30 years! This amazing two bedroom bungalow only 2 blocks from the beach, has living room with a wood pellet stove and so much character. However the real show stopper is just behind the patio doors, where a 600 sqft addition awaits. This GREAT ROOM is truly great, with vaulted ceilings, a wrap around view, gas fireplace, and did I mentioned the attached wrap around

    Jennifer Parham Lighthouse Realty, LLC

    Section Image
  • 540 N Tippecanoe Place, Gary, IN 46403

    $340,000

    • 4 Beds
    • 2 Baths
    • 2,518 Sq Ft
    • 540 N Tippecanoe Place
    • Gary, IN

    Welcome to this beautifully maintained 4-bedroom, 2-bath bi-level home just moments from Lake Michigan. The upper level features a stylish open-concept layout with a modern kitchen complete with stainless steel appliances, an island, and plenty of space for entertaining. Enjoy the cozy ambiance of A striking floor-to-ceiling fireplace which anchors the living space, and unwind in the expansive

    Eric Lopez RE/MAX Realty Associates

    Section Image
  • 7849 Indian Boundary, Gary, IN 46403

    $310,000

    • 4 Beds
    • 2 Baths
    • 2,132 Sq Ft
    • 7849 Indian Boundary
    • Gary, IN

    Beach living!! Move in ready wonderful totally updated 4 bedroom open concept mid century home. Features include vaulted ceilings, modern kitchen and baths, hard wood floors, cozy fireplace, stainless steel appliances, 18' X 26 deck, and fenced yard. Finished walk out basement with 4th bedroom, bath,& new flooring. Updated electrical, Attached garage and new driveway. This is a must see home.

    Melody Neagu McColly Real Estate

    Section Image
  • 7800 Juniper Ave, Gary, IN 46403

    $379,900

    • 3 Beds
    • 1.5 Baths
    • 2,132 Sq Ft
    • 7800 Juniper Ave
    • Gary, IN

    MID-CENTURY MODERN HOOSIER HOME! Just a few blocks to Lake Michigan beach & Marquette Park, this 3 bedroom, 1.5 bath Hoosier Home is ready for summer. The main floor has the traditional vaulted ceilings, hardwood floors and fireplace, a brand new kitchen with granite countertops, 3 bedrooms, and remodeled bathroom. The walk out basement has a large family room, brand new bathroom, laundry

    Nancy Del Prado Avid Real Estate LLC

    Section Image
  • 7641 Locust Ave, Gary, IN 46403

    $393,000

    • 3 Beds
    • 3 Baths
    • 2,132 Sq Ft
    • 7641 Locust Ave
    • Gary, IN

    Welcome to 7641 Locust Ave and your dream coastal retreat in the heart of Miller Beach!This beautifully rehabbed Midcentury Modern "Hoosier Home" offers the perfect blend of timeless design and modern luxury all just a short stroll from the sandy shores of Lake Michigan. Completely renovated in 2019 with no detail overlooked, this 3 bedroom, 3-bath home showcases over 2,100 square feet of

    Alan Harrell McColly Real Estate

    Section Image
  • 7641 Juniper Ave, Gary, IN 46403

    $369,000

    • 3 Beds
    • 2 Baths
    • 2,404 Sq Ft
    • 7641 Juniper Ave
    • Gary, IN

    SELLER is offering concessions!!!! Don't miss out on this fantastic opportunity. Are you a first-time buyer, investor, or looking for an Airbnb or a second home near the lake? Your search ends here! This stunning, move-in ready tri-level home features 3 bedrooms and 2 bathrooms and is conveniently located just 7 minutes from Lake Front Park, a scenic municipal park entirely encircled by the

    Hanadi Jawdat Baird & Warner Res. Sales Inc.

    Section Image
  • 7419 Maple Ave, Gary, IN 46403

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 7419 Maple Ave
    • Gary, IN

    Miller Beach, Close to Beach! This gorgeous property in the heart of Miller Beach offers 3 bedrooms, 2 baths, and numerous custom upgrades. Highlights include a modern open-concept kitchen with granite counters, stainless LG appliances, and stylish lighting, plus cozy living and dining areas. Outdoor spaces features a front deck, and a spacious rear deck perfect for entertaining. Steps away from

    Alan Harrell McColly Real Estate

    Section Image
  • 631 N Miami St, Gary, IN 46403

    $319,000

    • 4 Beds
    • 2 Baths
    • 2,778 Sq Ft
    • 631 N Miami St
    • Gary, IN

    Very nice spacious ranch in much desired Miller Beach neighborhood. This home features 4 bedrooms, 2 baths, nice size living room, galley kitchen, combo dining and great room with fireplace. 4th bedroom can also be used as an office or meeting room. Large screened in patio with double sliding doors, Esther Williams designed in-ground pool (needs work), all on a .642 acre lot with plenty of

    John Lopez McColly Real Estate

    Section Image

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 $189,600
Open Harms Arthur $1,980,800
Previous Owner Mundy Lindsey M $153,664
Previous Owner Batistatos Speros A $84,000
Previous Owner Batistatos Speros A $84,000
Previous Owner Batistatos Speros A $74,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR442228

Northwest Indiana Association of REALTORS®

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