NOT LISTED FOR SALE

1325 E 7th Ave Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $57,000 - $73,000

2 Beds
1 Bath
700 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $26,250 $38 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $437/month

11 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of September 2021

This home is a great investment property and is already in the middle of rehabilitation. This home is waiting for the perfect investor to come and finish the job. New vinyl siding, new roof, some electrical updates, new front door. Lots of work already done just needing someone to complete the project.

Last Listed By

Danelisse Hill

Realty Executives Premier License #RB21001295 Listed on: 07/19/2021

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 1941

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 42x125

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Gary Land Companys 13 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450803477018000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$638

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Co List Office Mls Id: NRA1830
  • Co List Office Mls Id: NRA1103
  • Subdivision Name: Gary Land Companys 13
  • Above Grade Finished Sq Ft: 700
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: None
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.121
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 42x125
  • Lot Size Sq Ft: 5271
  • Parcel #: 450803477018000004

Tax Info

  • Year: 2020
  • Tax Annual Amount: 638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Region Home Buyers Llc
Bought by
Jackals Inc
Total Days on Market
11
Current Estimated Value
$66,773

Purchase Details

Closed on
Mar 6, 2023
Sold by
Rhymes Samuel
Bought by
Region Home Buyers Llc

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 22, 2021
Sold by
Handley Brittany Sue
Bought by
Rhymes Samuel
Seller's Agent
Danelisse Hill
Realty Executives Premier
Buyer's Agent
Lutrell Kirk
Kirk & Company Your Home Sold
List Price
$26,250
Sold Price
$26,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.19%

Purchase Details

Closed on
Jul 13, 2021
Sold by
Galindo Valarie E
Bought by
Handley Brittany Sue

Purchase Details

Closed on
Feb 5, 2020
Sold by
Falconer Greg
Bought by
Galindo Valerie E

Purchase Details

Closed on
Sep 26, 2019
Sold by
American Rentals Llc
Bought by
Falconer Greg

Purchase Details

Closed on
May 15, 2014
Sold by
Jem Management Llc
Bought by
American Rentals Llc

Purchase Details

Closed on
May 11, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Jem Management Llc

Purchase Details

Closed on
Nov 7, 2008
Sold by
King Darryl and Capital One Bank
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 21, 2006
Sold by
Daugherty Sharon Y
Bought by
King Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
9.52%
Mortgage Type
Purchase Money Mortgage

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
Jackals Inc $65,000 Greater Indiana Title Company
Region Home Buyers Llc $38,000 Greater Indiana Title Company
Rhymes Samuel -- None Available
Handley Brittany Sue -- None Available
Handley Brittany Sue -- None Available
Galindo Valerie E -- None Available
Falconer Greg $500 None Available
American Rentals Llc -- Meridian Title Corp
Jem Management Llc $4,000 Fidelity National Title
Deutsche Bank National Trust Company $21,961 None Available
King Darryl -- Indiana Title Network Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Darryl $53,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $26,250 0.0% $38 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $26,250 -- $38 / 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 $3,659 $50,800 $6,100 $44,700
2023 $753 $41,500 $5,500 $36,000
2022 $753 $29,400 $5,200 $24,200
2021 $314 $27,400 $5,200 $22,200
2020 $666 $26,000 $5,200 $20,800
2019 $580 $26,000 $5,200 $20,800
2018 $1,032 $27,300 $5,400 $21,900
2017 $627 $27,600 $5,400 $22,200
2016 $642 $28,700 $5,400 $23,300
2014 $1,051 $44,900 $6,600 $38,300
2013 $1,034 $46,000 $6,600 $39,400
Source: Public Records

Agents Affiliated with this Home

  • Danelisse Hill

    Seller's Agent in 2021

    Danelisse Hill

    Realty Executives

    (219) 617-3229

    1 in this area

    29 Total Sales

    Danelisse Hill
    Section Image
  • Carol Dobrzynski

    Seller Co-Listing Agent in 2021

    Carol Dobrzynski

    Realty Executives

    (219) 808-7846

    2 in this area

    654 Total Sales

    Carol Dobrzynski
    Section Image

  • L

    Buyer's Agent in 2021

    Lutrell Kirk

    Kirk & Company Your Home Sold

    (219) 293-8494

    3 in this area

    208 Total Sales

    Lutrell Kirk
    Section Image

  • S

    Buyer Co-Listing Agent in 2021

    Shameka Griffith

    Kirk & Company Your Home Sold

See All Agents

Map

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Source: Northwest Indiana Association of REALTORS®

MLS Number: 496878

Northwest Indiana Association of REALTORS®

APN: 45-08-03-477-018.000-004

Indiana Lake County Gary 46402 Downtown Gary

1325 E 7th Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 1325 E 7th Ave, Gary, IN 46402 since 19 July 2021 and is currently estimated at $66,773, approximately $95 per square foot. This property was built in 1941. 1325 E 7th Ave is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, Gary Middle School, and West Side Leadership Academy.

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