NOT LISTED FOR SALE

140 Morningside Ave Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $204,000 - $318,000

3 Beds
3.5 Baths
3,329 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $250,000 $75 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,728/month

3 Days on Market

Highlights

  • 0.34 Acre Lot
  • Cathedral Ceiling
  • Formal Dining Room
  • Keeping Room with Fireplace
  • Den
  • 3 Car Attached Garage

About This Home

As of May 2022

From the moment you step into 140 Morningside Avenue, you'll fall in love with the majestic entrance featuring marble flooring, floor to ceiling mirrors, and a gorgeous modern chandelier. As you continue up the winding staircase, take note of the beautiful original hardwood floors that were stained for the first time this year. The master bedroom en suite is extremely spacious. The upper level includes 3 bedrooms, 2 bathrooms, and a laundry shoot! The main level includes a living room, dining room, eat in kitchen and den. The lower level includes a rec room and bonus space. If space is a necessity, look no further. This mini-mansion has been restored from floor to ceiling. This one won't last long!!

Last Agent to Sell the Property

Christina Lee

The Lyons Group Real Estate License #RB17000813 Listed on: 04/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1937

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x197

Parking

  • 3 Car Attached Garage
  • Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,329 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room with Fireplace
  • Keeping Room with Fireplace
  • 2 Fireplaces
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Morningside Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450833228007000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,460

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR2088
  • Subdivision Name: Morningside Add
  • Architectural Style: Two Story
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral/Vaulted Ceiling, Cedar Closet, Den/Office, Formal Dining, FP Gathering Room, FP Living/Great Room, FP Rec Room
  • Basement: Enclosed
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.339

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Carport

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 75x197
  • Lot Size Sq Ft: 14767
  • Parcel #: 450833228007000004

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2460

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
May 26, 2022
Sold by
Dad Properties Llc
Bought by
Lewis Sherry
Seller's Agent
Christina Lee
The Lyons Group Real Estate
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$274,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,310
Avg. Annual Appreciation
0.38%
Original Mortgage
$245,471
Outstanding Balance
$235,569
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$17,606

Purchase Details

Listed on
Apr 27, 2022
Closed on
May 24, 2022
Sold by
Dad Properties Llc
Bought by
Lewis Sherry
Seller's Agent
Christina Lee
The Lyons Group Real Estate
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Outstanding Balance
$235,569
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$17,606

Purchase Details

Listed on
Apr 27, 2022
Closed on
May 19, 2022
Sold by
Dad Properties Llc
Bought by
Lewis Sherry
Seller's Agent
Christina Lee
The Lyons Group Real Estate
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Outstanding Balance
$235,569
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$17,606

Purchase Details

Closed on
Sep 9, 2021
Sold by
Wilson James D
Bought by
D A D Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,215
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Lewis Sherry -- New Title Company Name
Lewis Sherry -- New Title Company Name
Lewis Sherry -- New Title Company Name
D A D Properties Llc $127,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Sherry $245,471
Closed Lewis Sherry $245,471
Closed Lewis Sherry $245,471
Previous Owner D A D Properties Llc $154,215
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $250,000 0.0% $75 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $250,000 -- $75 / 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 $20,614 $244,500 $22,300 $222,200
2023 $2,644 $233,800 $22,300 $211,500
2022 $2,644 $103,200 $12,400 $90,800
2021 $2,460 $96,000 $12,400 $83,600
2020 $2,460 $96,000 $12,400 $83,600
2019 $2,058 $96,000 $12,400 $83,600
2018 $2,296 $96,000 $12,400 $83,600
2017 $2,206 $97,200 $12,400 $84,800
2016 $2,754 $125,700 $12,400 $113,300
2014 $2,893 $122,200 $15,700 $106,500
2013 $2,753 $121,100 $15,800 $105,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR511424

Northwest Indiana Association of REALTORS®

APN: 45-08-33-228-007.000-004