NOT LISTED FOR SALE

Estimated Value: $267,924

5 Acres
$53,585 Price per Acre
217,800 Sq Ft Lot

Sale Details

Date Sold: August 4, 2023

Last sale price $250,000

Est. 7% increase in value since last sale

Current estimated payment $1,738 / mo

453 Days on Market

About This Lot

As of August 2023

Located in Lake County, Gary, Indiana, near U.S. Route 20 and I-94 expressway, two commercial development sites totaling 9.55-acres are available for sale. This development site is in a prime location, adjacent to 72-unit Rosewood Apartment complex and is in close proximity to several schools and a vibrant business community. The parcel was formerly a senior living facility several years ago. The property is just minutes away from Clark Road Station in Gary, Purdue University Calumet, Indiana University North West and Ivy Technical Community College - Northwest. Great opportunity for a developer. Gary, Indiana is just 30 miles outside of Chicago attractions. Gary boasts the convenience of public transportation, proximity to freeways and Interstate 90, as well as several schools in the area, including Purdue University and Indiana University Northwest.

Last Agent to Sell the Property

Daniel Hyman

Millennium Properties RE, Inc. License #471013658 Listed on: 04/07/2022

Last Buyer's Agent

Daniel Hyman

Millennium Properties RE, Inc. License #471013658 Listed on: 04/07/2022

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Property Details

Property Type

  • Land

Lot Details

  • Property fronts a county road

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: None
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: County Road
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 9.55
  • Lot Size: 8.0-9.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 9426
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Aug 17, 2023
Sold by
Bought by
Seller's Agent
Daniel Hyman
Millennium Properties RE, Inc.
Buyer's Agent
Daniel Hyman
Millennium Properties RE, Inc.
List Price
$250,000
Sold Price
$250,000
Views
23
Current Estimated Value
$267,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,924
Avg. Annual Appreciation
2.28%

Purchase Details

Closed on
Sep 26, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$500 None Available
-- None Available
$5,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $250,000 0.0% --
04/07/2022 04/07/22 For Sale $250,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,984 $707,941 $212,382 $495,559
2025 $8,815 $694,063 $208,219 $485,844
2024 $8,815 $680,454 $204,136 $476,318
2023 $8,608 $667,114 $200,134 $466,980
2022 $8,485 $647,035 $196,210 $457,825
2021 $8,324 $634,213 $192,364 $448,849
2020 $8,061 $634,643 $190,393 $444,250
2019 $8,083 $622,200 $186,660 $435,540
2018 $6,867 $520,389 $156,070 $364,319
2017 $6,692 $510,188 $153,011 $357,177
2016 $6,427 $500,184 $150,011 $350,173
2015 $5,812 $470,000 $141,000 $329,000
2014 $5,048 $410,000 $123,000 $287,000
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11368175

Midwest Real Estate Data (MRED)

APN: 45-07-12-478-019.000-004

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