NOT LISTED FOR SALE

1125 W 11th Ave Gary, IN 46402

Midtown Neighborhood

Estimated Value: $53,000 - $127,000

5 Beds
2 Baths
2,406 Sq Ft
$41/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $19,000 $8 Per Sq Ft

Est. 414% increase in value since last sale

Current estimated payment $626/month

29 Days on Market

About This Home

As of December 2021

REO Occupied – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. Two unit building. It offers approximately 2,406 square feet of living space with 5 bedrooms and 2 bathrooms. "As is" cash only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing

Last Agent to Sell the Property

Val Laborevitch

REALHOME Services and Solutions, Inc Listed on: 11/10/2021

Last Buyer's Agent

RACI NonMember

NonMember RACI

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 2,406 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 45-08-09-176-002.000-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1926
  • Age: 95
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: GARY LAND CO'S 11TH SUB. L.2 BL.5
  • Parcel Number ID: 45-08-09-176-002.000-004
  • Platted: Yes
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 2406
  • Total Finished Sq Ft: 2406
  • Above Grade Finished Sq Ft: 2406
  • Price Per Sq Ft: 7.9

Exterior Features

  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public

Schools

  • School District: Gary Community School Corp.
  • Elementary School: Beveridge
  • Middle School: Williams Annex
  • High School: West Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 30x100
  • Estimated Lot Sq Ft: 3006
  • Estimated Lot Size Acres: 0.069
  • Lot Number: 2

Tax Info

  • Total Assessed Value: 31700
  • Annual Property Tax: 812

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 25, 2022
Sold by
Us Bank National Association Fbo Success
Bought by
Gray William
Seller's Agent
Val Laborevitch
REALHOME Services and Solutions, Inc
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$29,900
Sold Price
$19,000
Premium/Discount to List
-$10,900
-36.45%
Current Estimated Value
$97,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,704
Avg. Annual Appreciation
50.63%

Purchase Details

Closed on
Sep 3, 2021
Sold by
Champion Gene
Bought by
Us Bank National Association and Wachovia Bank National Association
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Gray William $19,000 Berkshire Law Llc
Gray William $19,000 Berkshire Law Llc
Us Bank National Association $35,360 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray William Lenis $108,000
Previous Owner Champion Gene $46,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $19,000 -22.1% $8 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/29/2021 11/29/21 Price Changed $24,400 -18.4% $10 / Sq Ft
11/10/2021 11/10/21 For Sale $29,900 -- $12 / Sq Ft
Source: Indiana Regional MLS

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 $3,809 $44,100 $4,000 $40,100
2023 $922 $43,200 $4,300 $38,900
2022 $922 $36,000 $1,600 $34,400
2021 $851 $33,200 $1,600 $31,600
2020 $812 $31,700 $1,600 $30,100
2019 $744 $34,200 $1,600 $32,600
2018 $474 $19,500 $1,600 $17,900
2017 $488 $19,800 $1,600 $18,200
2016 $499 $45,900 $1,600 $44,300
2014 $197 $8,400 $2,000 $6,400
2013 $182 $8,100 $2,000 $6,100
Source: Public Records

Agents Affiliated with this Home

  • Val Laborevitch

    Seller's Agent in 2021

    Val Laborevitch

    REALHOME Services and Solutions, Inc

    (847) 830-1129

    1 in this area

    685 Total Sales

    Val Laborevitch
    Section Image

  • R

    Buyer's Agent in 2021

    RACI NonMember

    NonMember RACI

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202147196

Indiana Regional MLS

APN: 45-08-09-176-002.000-004

Indiana Lake County Gary 46402 Midtown

1125 W 11th Ave, Gary, IN

This home is located at 1125 W 11th Ave, Gary, IN 46402 since 10 November 2021 and is currently estimated at $97,704, approximately $40 per square foot. This property was built in 1926. 1125 W 11th Ave is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, and West Side Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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