NOT LISTED FOR SALE

1540 Louisiana St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $89,000 - $158,469

4 Beds
2.5 Baths
2,211 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $42,999 $19 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $792/month

6 Days on Market

Highlights

  • 0.45 Acre Lot
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Deck
  • Ranch Style House
  • Cooling Available

About This Home

As of October 2020

This is a Fannie Mae HECM home. HUGE ranch home on corner lot in the heart of the city. This brick home has a full basement and is centrally located for great commuting. Large living room and generous sized kitchen are just some of the great features.

Last Agent to Sell the Property

Valarie Kubacki

Dream Team Agents, LLC License #RB14036612 Listed on: 10/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 1963

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 159x123
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,211 Sq Ft Home
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • No Utilities

Community Details

  • Davis & Holmes 1St Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450810427007000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$745

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1924
  • Subdivision Name: Davis & Holmes 1st Sub
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 2211
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 0
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: FP Living/Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.449

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Lot Info

  • Lot Dimensions: 159x123
  • Lot Size Sq Ft: 19558
  • Parcel #: 450810427007000004

Tax Info

  • Year: 2019
  • Tax Annual Amount: 745

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Oct 27, 2020
Sold by
Fannie Mae
Bought by
Bell Dorainia R
Seller's Agent
Valarie Kubacki
Dream Team Agents, LLC
List Price
$42,999
Sold Price
$42,999
Current Estimated Value
$125,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,118
Avg. Annual Appreciation
24.96%

Purchase Details

Closed on
Jun 5, 2020
Sold by
Congress Frederick
Bought by
Federal National Mortgage Assocaition and Fannie Mae
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
Bell Dorainia R -- First Title & Escrow Inc
Federal National Mortgage Assocaition $31,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $42,999 0.0% $19 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $42,999 -- $19 / 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 $8,817 $96,800 $12,800 $84,000
2023 $1,198 $100,000 $12,800 $87,200
2022 $1,198 $98,000 $8,400 $89,600
2021 $1,198 $92,700 $8,400 $84,300
2020 $966 $89,800 $8,400 $81,400
2019 $745 $84,400 $7,900 $76,500
2018 $1,034 $89,400 $8,400 $81,000
2017 $940 $90,300 $8,400 $81,900
2016 $994 $94,100 $8,400 $85,700
2014 $1,441 $127,000 $10,200 $116,800
2013 $1,752 $154,400 $10,100 $144,300
Source: Public Records

Agents Affiliated with this Home

  • Valarie Kubacki

    Seller's Agent in 2020

    Valarie Kubacki

    Dream Team Agents, LLC

    (219) 405-0577

    2 in this area

    246 Total Sales

    Valarie Kubacki
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR483223

Northwest Indiana Association of REALTORS®

APN: 45-08-10-427-007.000-004

Indiana Lake County Gary 46402 Midtown

1540 Louisiana St, Gary, IN

This home is located at 1540 Louisiana St, Gary, IN 46407 since 09 October 2020 and is currently estimated at $125,117, approximately $56 per square foot. This property was built in 1963. 1540 Louisiana 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.

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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