NOT LISTED FOR SALE

1420 E 50th Place Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $31,000 - $84,000

2 Beds
1 Bath
975 Sq Ft
$68/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $30,200 $31 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $436/month

3 Days on Market

About This Home

As of October 2023

READY FOR REHAB! A great opportunity to bring the mid-century modern style to this brick ranch with sloped ceilings. Currently a 2 bedroom, it could easily be converted to a 3 bedroom again.Close to Merrillville.

Last Agent to Sell the Property

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 09/10/2023

Last Buyer's Agent

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 09/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1958

Lot Details

  • 5,881 Sq Ft Lot
  • Lot Dimensions are 45x131

Home Design

  • Brick Foundation

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Community Details

  • No Home Owners Association
  • Hill Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450834428011000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$699

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA2306
  • Subdivision Name: Hill Terrace
  • Above Grade Finished Sq Ft: 975
  • 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
  • Flooring: Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.135
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Other

Utilities

  • Heating: None
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Lot Info

  • Lot Dimensions: 45x131
  • Lot Size Sq Ft: 5881
  • Parcel #: 450834428011000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2023
Closed on
Sep 27, 2023
Sold by
Hoosier Housing 2021 Lp
Bought by
Praise Holdings Llc
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Nancy Del Prado
Avid Real Estate LLC
List Price
$34,900
Sold Price
$30,200
Premium/Discount to List
-$4,700
-13.47%
Total Days on Market
3
Views
30
Current Estimated Value
$66,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,118
Avg. Annual Appreciation
58.84%

Purchase Details

Closed on
Jul 21, 2023
Sold by
Jht Real Estate Organization Llc
Bought by
Hoosier Housing 2021 Lp

Purchase Details

Closed on
Jun 13, 2023
Sold by
Auditor Of Lake County
Bought by
Jht Real Estate Organization Llc and Moore

Purchase Details

Closed on
May 4, 2018
Sold by
Matthews Stephanie
Bought by
Matthews Stephanie

Purchase Details

Closed on
Dec 21, 2017
Sold by
Reo Logic Indiana Holdings Llc
Bought by
Ibat Holdings In Llc

Purchase Details

Closed on
Jul 31, 2015
Sold by
Us Bank
Bought by
Reo Logic Indiana Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
3.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 5, 2014
Sold by
Marie Johnson Edna
Bought by
Us Bank Custodian For Tlcf 2012 A Llc
Source: Public Records

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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
Praise Holdings Llc $30,200 None Listed On Document
Hoosier Housing 2021 Lp $22,600 None Listed On Document
Jht Real Estate Organization Llc $3,440 None Listed On Document
Matthews Stephanie $500 None Available
Ibat Holdings In Llc -- None Available
Reo Logic Indiana Holdings Llc -- Attorney
Us Bank Custodian For Tlcf 2012 A Llc $2,980 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Praise Holdings Llc $86,250
Previous Owner Reo Logic -Indiana Holdings Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $30,200 -13.5% $31 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $34,900 -- $36 / 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 $2,469 $43,200 $3,400 $39,800
2023 $699 $28,000 $7,200 $20,800
2022 $699 $27,300 $7,000 $20,300
2021 $658 $25,700 $7,000 $18,700
2020 $658 $25,700 $7,000 $18,700
2019 $774 $25,700 $7,000 $18,700
2018 $749 $28,800 $7,000 $21,800
2017 $629 $29,100 $7,000 $22,100
2016 $671 $31,500 $7,000 $24,500
2014 $489 $47,200 $7,500 $39,700
2013 $475 $46,800 $7,500 $39,300
Source: Public Records

Agents Affiliated with this Home

  • Nancy Del Prado

    Seller's Agent in 2023

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    97 in this area

    395 Total Sales

    Nancy Del Prado
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 538333

Northwest Indiana Association of REALTORS®

APN: 45-08-34-428-011.000-004

Indiana Lake County Gary 46409 Glen Park

1420 E 50th Place, Gary, IN

This home is located at 1420 E 50th Place, Gary, IN 46409 since 10 September 2023 and is currently estimated at $66,318, approximately $68 per square foot. This property was built in 1958. 1420 E 50th Place 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.

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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