NOT LISTED FOR SALE

1240 E 36th Ave Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $63,000 - $110,000

2 Beds
1 Bath
1,440 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $57,500 $40 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $541/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Country Kitchen
  • Recreation Room
  • Den
  • Living Room

About This Home

As of October 2022

Turn Key, professionally managed investment property. Tenant occupied property property. Freshly painted 2 bedrooms 1 bath,updated bathrooms, and flooring. full basement with an additional room/office in the basement. large fenced yard, and Front deck,

Last Listed By

Nakia Dunlap

Residential Premier RealEstate License #RB14043553 Listed on: 10/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $861

Year Built

  • Built in 1955

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50x115

Home Design

  • Ranch Style House
  • Aluminum Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • Living Room
  • Den
  • Recreation Room
  • Basement

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Side Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • South Gary Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450822478019000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$861

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Co List Office Mls Id: GNR1427
  • Subdivision Name: South Gary
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding,Stone
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Country Kitchen, Den/Office, Main Bedroom Bath, Main Floor Bathroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Deck, None
  • Acres: 0.132

Garage/Parking

  • Parking Features: Off Street, Side Drive

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50x115
  • Lot Size Sq Ft: 5750
  • Parcel #: 450822478019000004

Tax Info

  • Year: 2020
  • Tax Annual Amount: 861

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Oct 18, 2022
Sold by
Sterling Equity Alternantive Fund Iv Llc
Bought by
Jnw Rentals Llc
Seller's Agent
Nakia Dunlap
Residential Premier RealEstate
List Price
$57,500
Sold Price
$57,500
Total Days on Market
1
Current Estimated Value
$82,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,837
Avg. Annual Appreciation
15.18%
Original Mortgage
$43,125
Outstanding Balance
$41,762
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$40,575

Purchase Details

Closed on
Sep 3, 2020
Sold by
Devance Joe
Bought by
Sterling Equity Alternative Fund Iv Llc

Purchase Details

Closed on
Sep 21, 2018
Sold by
Harbour Portfolio Vii Lp
Bought by
Us Bank Trust National Association and American Homeowner Preservation Series 2

Purchase Details

Closed on
Aug 22, 2012
Sold by
Federal National Mortgage Association
Bought by
Harbour Portfolio Vii Lp

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
Jnw Rentals Llc -- Chicago Title
Sterling Equity Alternative Fund Iv Llc -- Meridian Title Corp
Us Bank Trust National Association $12,023 None Available
Harbour Portfolio Vii Lp $8,896 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jnw Rentals Llc $43,125
Closed Jnw Rentals Llc $43,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $57,500 0.0% $40 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $57,500 -- $40 / 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 $4,840 $63,600 $6,500 $57,100
2023 $1,384 $54,900 $7,200 $47,700
2022 $938 $36,600 $3,500 $33,100
2021 $869 $33,900 $3,500 $30,400
2020 $861 $33,600 $3,500 $30,100
2019 $777 $33,600 $3,500 $30,100
2018 $812 $33,300 $3,500 $29,800
2017 $838 $33,900 $3,500 $30,400
2016 $859 $35,400 $3,500 $31,900
2014 $924 $39,500 $3,700 $35,800
2013 $870 $38,700 $3,700 $35,000
Source: Public Records

Agents Affiliated with this Home

  • Nakia Dunlap

    Seller's Agent in 2022

    Nakia Dunlap

    Residential Premier RealEstate

    (219) 201-2859

    21 in this area

    83 Total Sales

    Nakia Dunlap
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Map

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Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR521641

Northwest Indiana Association of REALTORS®

APN: 45-08-22-478-019.000-004

Indiana Lake County Gary 46409 Glen Park

1240 E 36th Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 1240 E 36th Ave, Gary, IN 46409 since 18 October 2022 and is currently estimated at $82,337, approximately $57 per square foot. This property was built in 1955. 1240 E 36th 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.

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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.