NOT LISTED FOR SALE

1440 W 16th Ave Gary, IN 46407

Midtown Neighborhood

Estimated Value: $64,000 - $132,000

5 Beds
2 Baths
2,362 Sq Ft
$41/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $4,800 $2 Per Sq Ft

Est. 1,937% increase in value since last sale

Current estimated payment $616/month

39 Days on Market

Highlights

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

About This Home

As of December 2013

5 bedroom, 2 bath Ranch with full finished basement. *** This is a Freddie Mac HomeSteps Property. Asset #1091376. This property is eligible under the Freddie Mac First Look Initiative good through 11/7/2013. After acceptance, HomeSteps Addendum to be signed by Purchaser. Earnest money must be cashiers check. All offers must include $100 per diem if not closed by date on line 76 of purchase agreement unless delay is caused by Seller. Investor contracts will not be reviewed until the 15th day of the listing. Scheduled closing date should fall within the following guidelines from offer acceptance: cash 30 days, conventional 49 days, FHA/VA 57 days. When submitting offer, please include whether your Buyer is investor or owner occupant. If owner occupant, please mention if your Buyer is a first time homebuyer.

Last Agent to Sell the Property

Bill McCabe

BHHS Executive Realty License #RB14014310 Listed on: 10/24/2013

BHHS Executive Realty

Co-Listed By

Neal Frendling

Advanced Real Estate, LLC License #RB14044715

Last Buyer's Agent

Bill McCabe

BHHS Executive Realty License #RB14014310 Listed on: 10/24/2013

BHHS Executive Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 141

Home Design

  • Fixer Upper

Interior Spaces

  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 450809301043000004

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA121
  • Co List Office Mls Id: NRA121
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1181
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1181
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.16
  • Construction Type: Aluminum 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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50 x 141
  • Lot Size Sq Ft: 6970
  • Parcel #: 450809301043000004

Tax Info

  • Tax Annual Amount: 1325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2019
Sold by
Belt Banks Semantha
Bought by
1440 W 16Th St Llc
Current Estimated Value
$97,764

Purchase Details

Closed on
Jul 15, 2019
Sold by
Bell Beks Samanthe
Bought by
1440 W 16Th St Llc

Purchase Details

Closed on
Jul 2, 2019
Sold by
Ben Semanthe Belt
Bought by
1440 W 16Th Llc

Purchase Details

Listed on
Oct 24, 2013
Closed on
Dec 13, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bell Banks Samantha
Seller's Agent
Bill McCabe
BHHS Executive Realty
Buyer's Agent
Bill McCabe
BHHS Executive Realty
List Price
$4,800
Sold Price
$4,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.09%

Purchase Details

Closed on
Oct 4, 2013
Sold by
Walton Vikki
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 5, 2005
Sold by
Black Contractors United Foundation Of I
Bought by
Walton Vikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
1440 W 16Th St Llc -- None Available
1440 W 16Th St Llc -- None Available
1440 W 16Th Llc -- None Available
Bell Banks Samantha -- Statewide Title Co Inc
Federal Home Loan Mortgage Corporation $20,000 None Available
Walton Vikki -- Stewart Title Services Of No
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walton Vikki $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $4,800 0.0% $2 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
10/24/2013 10/24/13 For Sale $4,800 -- $2 / 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 $4,391 $50,300 $7,500 $42,800
2023 $1,022 $49,800 $8,300 $41,500
2022 $1,022 $39,900 $3,200 $36,700
2021 $943 $36,800 $3,200 $33,600
2020 $902 $35,200 $3,200 $32,000
2019 $471 $37,800 $3,200 $34,600
2018 $657 $47,400 $3,200 $44,200
2017 $558 $47,800 $3,200 $44,600
2016 $576 $49,900 $3,200 $46,700
2014 $608 $55,900 $3,800 $52,100
2013 $1,209 $53,800 $3,800 $50,000
Source: Public Records

Agents Affiliated with this Home

  • Bill McCabe

    Seller's Agent in 2013

    Bill McCabe

    BHHS Executive Realty

    (219) 742-9200

    57 Total Sales

    Bill McCabe
    Section Image

  • N

    Seller Co-Listing Agent in 2013

    Neal Frendling

    Advanced Real Estate, LLC

    (219) 595-2007

    32 Total Sales

    Neal Frendling
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 339011

Northwest Indiana Association of REALTORS®

APN: 45-08-09-301-043.000-004

Indiana Lake County Gary 46407 Midtown

1440 W 16th Ave, Gary, IN

This home is located at 1440 W 16th Ave, Gary, IN 46407 since 24 October 2013 and is currently estimated at $97,764, approximately $41 per square foot. This property was built in 1940. 1440 W 16th Ave is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, 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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