$25,000
SOLD MAR 14, 2025

1601 W 50th Place Gary, IN 46408

Ross Neighborhood
3 Beds
2.5 Baths
2,494 Sq Ft
0.36 Acres

Recently Sold

$10 Per Sq Ft

90% Below List Price

8 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Balcony
  • Central Heating and Cooling System

About This Home

As of March 2025

Enjoy this all brick home in a secluded area of Lake County. Including nature as your backyard with a deck to view it from, a double lot for kids/ pets to play in, and a dead end road for limited neighbors and traffic. This home offers an attached garage and finished basement where you can cozy up next to the fire place. Enjoy a new roof, brand new windows, new carpet through out the house, all new electrical features, a newly finished basement with a bar, and an updated kitchen at a great price! This house is only missing a new owner to enjoy it's rare location and exclusivity. Schedule your showing today while it lasts!

Last Agent to Sell the Property

Brittany VanVleet

McColly Real Estate License #RB24000166

Co-Listed By

Traci Van Gundy

McColly Real Estate License #RB18000719

Last Buyer's Agent

Krystle Rogers

Signature Realty Group License #RB24000412

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Basement
  • Fireplace in Basement
  • Dryer

Kitchen

  • Gas Range
  • Microwave
  • Freezer

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • 0.36 Acre Lot

Community Details

  • No Home Owners Association
  • Fern Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45 08 32 435 012 000 001

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Co List Office Mls Id: NRA254
  • Co List Office Phone: (219) 322-5508
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Fern Oaks
  • Above Grade Finished Sq Ft: 1247
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Oven, Vented Exhaust Fan, Refrigerator, Microwave, Gas Water Heater, Gas Range, Gas Cooktop, Freezer, Free-Standing Refrigerator, Dryer
  • Interior Amenities: Bar, Laminate Counters, Storage, Soaking Tub, Ceiling Fan(s), Bookcases
  • Basement: Bath/Stubbed, Concrete, Walk-Up Access, Walk-Out Access, Sump Pump, Storage Space, Full, Finished, Exterior Entry
  • Flooring: Carpet, Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1247
  • Fireplace Features: Basement, Gas, Living Room
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Balcony, Fire Pit, Garden
  • Acres: 0.36
  • Waterfront: No
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Paved

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Gas, Central Air
  • Heating: Central, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 15,464
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 45 08 32 435 012 000 001

Tax Info

  • Year: 2025
  • Tax Annual Amount: 1162

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $25,000 -90.3% $10 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $259,000 -- $104 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $5,193 $129,100 $29,500 $99,600
2023 $1,135 $121,900 $29,500 $92,400
2022 $1,135 $113,500 $18,400 $95,100
2021 $956 $105,700 $18,400 $87,300
2020 $757 $100,700 $18,400 $82,300
2019 $940 $100,700 $18,400 $82,300
2018 $760 $90,700 $16,600 $74,100
2017 $766 $91,500 $16,600 $74,900
2016 $803 $95,000 $16,600 $78,400
2014 $737 $99,000 $20,500 $78,500
2013 $635 $96,200 $20,500 $75,700
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $126,500 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Community Title Company
Warranty Deed $150,000 Chicago Title Company
Source: Public Records

Similar Homes in Gary, IN

  • 4385 Massachusetts St, Gary, IN 46409

    $20,000

    • 3 Beds
    • 2 Baths
    • 1,392 Sq Ft
    • 4385 Massachusetts St
    • Gary, IN

    FULL RENOVATION NEEDED! Are you an investor looking to add to your portfolio in the city of Gary? This is a great opportunity, giving you real estate not too far from the highway. This house has almost 1,400 Square Feet. This is a good one to buy and hold or get right to renovating.

    Terry Taylor Realty Executives Premier

    Section Image
  • 1924 Virginia St, Gary, IN 46407

    $20,000

    • 3 Beds
    • 2 Baths
    • 2,142 Sq Ft
    • 1924 Virginia St
    • Gary, IN

    FULL RENOVATION NEEDED! Are you an investor looking to add to your portfolio in the city of Gary? This property offers over 2,100 Square Feet and is not too far from the highway. It also comes with a nice size yard. Make your best offer!!!!!

    Terry Taylor Realty Executives Premier

    Section Image
See All Homes in Gary

Source: Northwest Indiana Association of REALTORS®

MLS Number: 816037

Northwest Indiana Association of REALTORS®

APN: 45-08-32-435-012.000-001

Indiana Lake County Gary 46408 Ross

1601 W 50th Place, Gary, IN

Homes for Sale in Gary, IN

This home is located at 1601 W 50th Place, Gary, IN 46408 and is currently priced at $25,000, approximately $10 per square foot. This property was built in 1960. 1601 W 50th Place is a home located in Lake County with nearby schools including Calumet High School, Higher Institute of Arts and Technology, and Ambassador 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.