NOT LISTED FOR SALE

1225 W 16th Ave Gary, IN 46407

Midtown Neighborhood

Estimated Value: $15,000

0.13 Acre
$119,048 Price per Acre
5,489 Sq Ft Lot

Last Sold February 12, 2016

Last sale price $100 $0 Per Sq Ft

Est. 14,900% increase in value since last sale

Current estimated payment $94/month

267 Days on Market

About This Lot

As of February 2016

VACANT LAND...PRICE IS RIGHT $1!!!

Last Agent to Sell the Property

Michele Kosel

Michele Kosel, Broker License #RB14040194 Listed on: 04/21/2015

Property Details

Property Type

  • Land

Lot Details

  • 5,489 Sq Ft Lot

Community Details

  • Second Logan Park Add/Tolleston Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450809302036000004

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: None
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Sidewalks
  • Road Frontage Type: City Street
  • Co List Office Mls Id: GNR1408
  • Subdivision Name: Second Logan Park Add/Tolleston
  • Reso Other Structures: None
  • GNR_Auction: No
  • GNR_PermitsNeeded: All Permits
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 0.126

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Size Sq Ft: 5489
  • Parcel #: 450809302036000004

Tax Info

  • Tax Annual Amount: 1865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2015
Closed on
Feb 12, 2016
Sold by
Synergy Property Holdings Llc
Bought by
Allen Christopher
Seller's Agent
Michele Kosel
Michele Kosel, Broker
List Price
$100
Sold Price
$100
Current Estimated Value
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,900

Purchase Details

Closed on
Mar 26, 2012
Sold by
Odem Rucker
Bought by
Synergy Property Holdings Llc

Purchase Details

Closed on
Mar 22, 2007
Sold by
Stockbridge Capital Llc
Bought by
Odem Rucker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2006
Sold by
Hendrickson Pamela
Bought by
Stockbridge Capital Llc
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
Allen Christopher -- Chicago Title Insurance Co
Synergy Property Holdings Llc -- Ctic
Odem Rucker -- Ticor Title Insurance
Stockbridge Capital Llc $13,291 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odem Rucker $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $100 0.0% $0 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
04/21/2015 04/21/15 For Sale $100 -- $0 / 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 $529 $2,500 $2,500 --
2023 $82 $6,000 $6,000 --
2022 $82 $2,300 $2,300 $0
2021 $82 $2,300 $2,300 $0
2020 $82 $2,300 $2,300 $0
2019 $318 $2,300 $2,300 $0
2018 $264 $2,300 $2,300 $0
2017 $88 $2,300 $2,300 $0
2016 $121 $2,900 $2,900 $0
2014 $765 $32,700 $3,400 $29,300
2013 $710 $31,600 $3,500 $28,100
Source: Public Records

Agents Affiliated with this Home

  • Michele Kosel

    Seller's Agent in 2016

    Michele Kosel

    Michele Kosel, Broker

    (815) 603-3534

    27 Total Sales

    Michele Kosel
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR370145

Northwest Indiana Association of REALTORS®

APN: 45-08-09-302-036.000-004

Indiana Lake County Gary 46407 Midtown

1225 W 16th Ave, Gary, IN

This home is located at 1225 W 16th Ave, Gary, IN 46407 since 21 April 2015 and is currently estimated at $15,000, approximately $9 per square foot. 1225 W 16th 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.

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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