NOT LISTED FOR SALE

1476 W 16th Ave Gary, IN 46407

Midtown Neighborhood

Estimated Value: $36,000 - $94,000

2 Beds
1 Bath
920 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $29,000 $32 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $416/month

22 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of May 2021

Frame ranch with 2 bedrooms, 1 bathroom, living room, kitchen, basement and 2 car detached garage.

Last Agent to Sell the Property

Steve Meeker

Meeker Real Estate Inc License #RB14033503 Listed on: 03/23/2021

Last Buyer's Agent

Christa Mullen

Listing Leaders License #RB19001384

Listing Leaders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $365

Year Built

  • Built in 1920

Lot Details

  • 3,528 Sq Ft Lot
  • Lot Dimensions are 25x141

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 920 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
  • Main Street Annex Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450809301037000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$365

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Reso Property Sub Type: Single Family Residence
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1104
  • Subdivision Name: Main Street Annex
  • Above Grade Finished Sq Ft: 920
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Exterior Features: None
  • Acres: 0.081
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 25x141
  • Lot Size Sq Ft: 3528
  • Parcel #: 450809301037000004

Tax Info

  • Year: 2019
  • Tax Annual Amount: 365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Bnvfl Llc
Bought by
Faler Noel J
Current Estimated Value
$66,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Outstanding Balance
$35,993
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$30,105

Purchase Details

Closed on
Feb 17, 2022
Sold by
Bnvfl Llc
Bought by
Faler Noel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Outstanding Balance
$35,993
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$30,105

Purchase Details

Closed on
Dec 14, 2021
Sold by
Bnvfl Llc
Bought by
Faler Noel J

Purchase Details

Closed on
Nov 1, 2021
Sold by
Bnvfl Llc
Bought by
Consideration Valuable

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 22, 2021
Sold by
Cascade Funding Mortgage Trust
Bought by
Javed Samad
Seller's Agent
Steve Meeker
Meeker Real Estate Inc
Buyer's Agent
Christa Mullen
Listing Leaders
List Price
$29,000
Sold Price
$29,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%

Purchase Details

Listed on
Mar 23, 2021
Closed on
Mar 5, 2021
Sold by
Jones Charles and Young Chris
Bought by
Ascade Funding Mortgage Trust Hb4
Seller's Agent
Steve Meeker
Meeker Real Estate Inc
Buyer's Agent
Christa Mullen
Listing Leaders
List Price
$29,000
Sold Price
$29,000
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
Faler Noel J -- Slaughter Jeffrey R
Faler Noel J -- Slaughter Jeffrey R
Faler Noel J -- Slaughter Jeffrey R
Consideration Valuable -- Chicago Title Co Llc
Javed Samad -- None Available
Ascade Funding Mortgage Trust Hb4 $27,192 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $29,000 0.0% $32 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $29,000 -- $32 / 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 $5,043 $59,100 $4,500 $54,600
2023 $1,217 $57,200 $4,100 $53,100
2022 $1,217 $47,500 $1,600 $45,900
2021 $340 $29,700 $1,600 $28,100
2020 $324 $28,300 $1,600 $26,700
2019 $365 $30,500 $1,600 $28,900
2018 $458 $38,600 $1,600 $37,000
2017 $466 $39,000 $1,600 $37,400
2016 $487 $41,300 $1,600 $39,700
2014 $581 $53,400 $1,900 $51,500
2013 $564 $53,000 $1,900 $51,100
Source: Public Records

Agents Affiliated with this Home

  • Steve Meeker

    Seller's Agent in 2021

    Steve Meeker

    Meeker Real Estate Inc

    (219) 796-6924

    2 in this area

    362 Total Sales

    Steve Meeker
    Section Image
  • Christa Mullen

    Buyer's Agent in 2021

    Christa Mullen

    Listing Leaders

    (815) 295-6946

    1 in this area

    70 Total Sales

    Christa Mullen
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 489955

Northwest Indiana Association of REALTORS®

APN: 45-08-09-301-037.000-004

Indiana Lake County Gary 46407 Midtown

1476 W 16th Ave, Gary, IN

This home is located at 1476 W 16th Ave, Gary, IN 46407 since 23 March 2021 and is currently estimated at $66,098, approximately $71 per square foot. This property was built in 1920. 1476 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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