$250,000
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

$100 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

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

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 Listed on: 02/12/2025

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

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

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

Kitchen

  • Microwave
  • Freezer

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

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

Est. Annual Taxes

$1,162

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 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: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Mar 14, 2025
Sold by
Huitsing Devon C
Bought by
Koweski Alex Paul
Seller's Agent
Brittany VanVleet
McColly Real Estate
Buyer's Agent
Krystle Rogers
Signature Realty Group
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Views
30
Current Estimated Value
$216,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,247
Avg. Annual Appreciation
-41.05%
Original Mortgage
$240,000
Outstanding Balance
$239,799
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$23,046

Purchase Details

Closed on
May 16, 2024
Sold by
Peters Janet L
Bought by
Huitsing Devon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
6.88%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Community Title Company
Warranty Deed $150,000 Chicago Title Company
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

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $250,000 -3.5% $100 / 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 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 $5,193 $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

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 816037

Northwest Indiana Association of REALTORS®

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