NOT LISTED FOR SALE

1220 W 41st Ave Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $131,000 - $166,752

3 Beds
3 Baths
2,150 Sq Ft
$71/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $99,900 $46 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $964/month

About This Home

As of August 2021

GREAT INVESTMENT PROPERTY! Long time Owner has decided to sell and its Available to a New Owner! Property has been so well Maintained. Upper level has a long term tenant and is in great condition. Main Level has 2 Bedrooms, Large Living room with Fireplace (Decorative), Formal Dining room and Kitchen. Appliance stay on Main unit. Finished Basement with Egress windows.Fenced yard, 2 Car Garage. Low Taxes! Don't Miss This Great Opportunity!

Last Agent to Sell the Property

Christine Hall

Realty Executives Premier License #RB14038715 Listed on: 08/10/2021

Realty Executives Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • 2,150 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 450828159026000004

Community Details

Overview

  • 2 Units
  • Oakington Park Subdivision

Security

  • Fenced around community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,120

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Fenced Yard
  • Co List Office Mls Id: GNR1347
  • Subdivision Name: Oakington Park
  • GNR_TotalBathrooms: 2.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.11

Garage/Parking

  • Garage Spaces: 2
  • Open Parking Spaces: 3
  • Parking Features: Detached, Garage Door Opener, Off Street

Lot Info

  • Lot Size Sq Ft: 4792
  • Parcel #: 450828159026000004

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Aug 30, 2021
Sold by
Brooks Fannie M
Bought by
Olson Group Network Llc
Seller's Agent
Christine Hall
Realty Executives Premier
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
$152,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,038
Avg. Annual Appreciation
6.56%
Original Mortgage
$117,000
Interest Rate
2.8%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Olson Group Network Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $99,900 0.0% $46 / Sq Ft
08/10/2021 08/10/21 For Sale $99,900 -- $46 / 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 $5,070 $102,900 $6,300 $96,600
2023 $1,450 $57,500 $6,300 $51,200
2022 $1,250 $48,800 $2,300 $46,500
2021 $1,089 $42,500 $2,300 $40,200
2020 $1,015 $39,600 $2,300 $37,300
2019 $1,009 $45,200 $2,700 $42,500
2018 $1,130 $48,300 $2,800 $45,500
2017 $1,164 $49,000 $2,800 $46,200
2016 $1,194 $51,100 $2,800 $48,300
2014 $1,257 $53,700 $3,600 $50,100
2013 $1,182 $52,600 $3,600 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Christine Hall

    Seller's Agent in 2021

    Christine Hall

    Realty Executives

    (219) 677-6540

    7 in this area

    140 Total Sales

    Christine Hall
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR498792

Northwest Indiana Association of REALTORS®

APN: 45-08-28-159-026.000-004

Indiana Lake County Gary 46408 Glen Park

1220 W 41st Ave, Gary, IN

This home is located at 1220 W 41st Ave, Gary, IN 46408 since 10 August 2021 and is currently estimated at $152,938, approximately $71 per square foot. This property was built in 1927. 1220 W 41st Ave is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, 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.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. 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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