NOT LISTED FOR SALE

1401 W 47th Ave Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $145,000 - $196,000

3 Beds
2 Baths
1,692 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $60,000 $35 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,027/month

49 Days on Market

Highlights

  • Recreation Room
  • Formal Dining Room
  • 1 Car Attached Garage
  • Ranch Style House
  • Enclosed Patio or Porch
  • Cooling Available

About This Home

As of August 2013

A must see. This spacious all brick ranch style home features 3 bedrooms, 1 and 3/4 baths, a formal dining area, a living room, a family/rec room, hard wood floors can be found under most of the carpeted house, and a fenced in big back yard. Perfect for hosting family and friends. Act quick and set up your personal viewing today. Call and ask about the Down Payment Assistance Program available for this home!!

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 06/27/2013

Co-Listed By

Joseph McCormick

McCormick Real Estate, Inc. License #RB14045866

Last Buyer's Agent

Donna Hill

Griffin Realty, LLC License #RB14041452

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 9,625 Sq Ft Lot
  • Lot Dimensions are 77 x 125
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,692 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Basement

Kitchen

  • Portable Gas Range
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic System
  • Cable TV Available

Community Details

  • Hyde Park Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450833152004000001

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road, Nearly Level
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1136
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: Hyde Park
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1692
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Freezer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Main Floor Bedroom, Main Floor Bathroom, Formal Dining
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence, Porch-Enclosed
  • Acres: 0.221

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 77 x 125
  • Lot Size Sq Ft: 9625
  • Parcel #: 450833152004000001

Tax Info

  • Year: 2012
  • Tax Annual Amount: 1894

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 30, 2013
Sold by
Elizabeth Morris Revocable Trust
Bought by
Griffin Margine and Conwell Deborah E
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Donna Hill
Griffin Realty, LLC
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$162,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,955
Avg. Annual Appreciation
8.61%
Original Mortgage
$58,913
Outstanding Balance
$44,767
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$118,188

Purchase Details

Closed on
Jan 14, 2013
Sold by
Morris Harold L and Morris Elizabeth
Bought by
Morris Elizabeth and The Elizabeth Morris Revocable
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Griffin Margine -- Meridian Title
Morris Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Margine $58,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $60,000 0.0% $35 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $60,000 -- $35 / 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 $5,018 $119,500 $16,900 $102,600
2023 $1,164 $117,800 $16,900 $100,900
2022 $1,164 $116,400 $16,800 $99,600
2021 $961 $108,200 $16,800 $91,400
2020 $1,043 $115,900 $16,800 $99,100
2019 $1,187 $115,900 $16,800 $99,100
2018 $1,284 $115,900 $16,800 $99,100
2017 $1,295 $117,300 $16,800 $100,500
2016 $1,325 $122,000 $16,800 $105,200
2014 $1,126 $122,000 $17,600 $104,400
2013 $1,440 $122,200 $17,600 $104,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff McCormick

    Seller's Agent in 2013

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    63 in this area

    708 Total Sales

    Jeff McCormick
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Joseph McCormick

    McCormick Real Estate, Inc.

  • D

    Buyer's Agent in 2013

    Donna Hill

    Griffin Realty, LLC

    (219) 741-2779

    2 in this area

    9 Total Sales

    Donna Hill
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR331450

Northwest Indiana Association of REALTORS®

APN: 45-08-33-152-004.000-001

Indiana Lake County Gary 46408 Glen Park

1401 W 47th Ave, Gary, IN

This home is located at 1401 W 47th Ave, Gary, IN 46408 since 27 June 2013 and is currently estimated at $162,955, approximately $96 per square foot. This property was built in 1953. 1401 W 47th Ave is a home located in Lake County with nearby schools including Calumet High School, Higher Institute of Arts and Technology, and Steel City 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.

Nearby Homes