NOT LISTED FOR SALE

1516 Ohio St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $73,000 - $100,000

3 Beds
2 Baths
1,920 Sq Ft
$45/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $66,000 $34 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $559/month

70 Days on Market

Highlights

  • Recreation Room
  • No HOA
  • 2 Car Detached Garage
  • Ranch Style House
  • Formal Dining Room
  • Enclosed patio or porch

About This Home

As of August 2023

This home just needs some TLC. Minutes from I 80/94, Toll Road and only 30 miles from Chicago.Great size dining and living room. Full basement with a second bath. Fenced yard. The garage has an enclosed porch for entertaining or relaxing.

Last Listed By

Nicole Pleasant

Listing Leaders License #RB17000653 Listed on: 03/10/2023

Listing Leaders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1967

Lot Details

  • 7,231 Sq Ft Lot
  • Lot Dimensions are 58x125
  • Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Enclosed patio or porch
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 450810426007000004

Community Details

Overview

  • No Home Owners Association
  • Davis & Holmes 1St Sub Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$730

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Co List Office Mls Id: GNR1690
  • Co List Office Mls Id: GNR1690
  • Subdivision Name: Davis & Holmes 1st Sub
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Common Rec Room, Finished Laundry Rm, Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Enclosed, Fence, Storage Shed, None
  • Acres: 0.166

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 58x125
  • Lot Size Sq Ft: 7231
  • ResoLotSizeUnits: Acres
  • Parcel #: 450810426007000004
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 730

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Jul 31, 2023
Sold by
Cook Arcine
Bought by
Lovette Victoria
Seller's Agent
Nicole Pleasant
Listing Leaders
List Price
$79,999
Sold Price
$66,000
Premium/Discount to List
-$13,999
-17.5%
Total Days on Market
70
Current Estimated Value
$85,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,457
Avg. Annual Appreciation
15.81%
Original Mortgage
$62,700
Outstanding Balance
$61,633
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$23,824

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
Lovette Victoria $66,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovette Victoria $62,700
Closed Lovette Victoria $62,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $66,000 -17.5% $34 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $79,999 -- $42 / 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 $5,246 $76,300 $8,500 $67,800
2023 $670 $59,500 $8,500 $51,000
2022 $765 $56,800 $5,700 $51,100
2021 $730 $53,800 $5,700 $48,100
2020 $719 $52,800 $5,700 $47,100
2019 $666 $49,800 $5,300 $44,500
2018 $714 $52,800 $5,700 $47,100
2017 $767 $57,300 $5,700 $51,600
2016 $784 $59,400 $5,700 $53,700
2014 $780 $60,800 $6,800 $54,000
2013 $883 $71,800 $6,800 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Nicole Pleasant

    Seller's Agent in 2023

    Nicole Pleasant

    Listing Leaders

    (219) 805-4840

    2 in this area

    185 Total Sales

    Nicole Pleasant
    Section Image
  • Michelle Zupan

    Seller Co-Listing Agent in 2023

    Michelle Zupan

    Listing Leaders

    (219) 613-6020

    2 in this area

    207 Total Sales

    Michelle Zupan
    Section Image
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Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR527104

Northwest Indiana Association of REALTORS®

APN: 45-08-10-426-007.000-004

Indiana Lake County Gary 46402 Midtown

1516 Ohio St, Gary, IN

Homes for Sale in Gary, IN

This home is located at 1516 Ohio St, Gary, IN 46407 since 10 March 2023 and is currently estimated at $85,457, approximately $44 per square foot. This property was built in 1967. 1516 Ohio St is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, Gary Middle School, and West Side Leadership Academy.

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