NOT LISTED FOR SALE

1948 Cleveland St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $57,000 - $96,000

3 Beds
2 Baths
1,344 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $48,500 $36 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $479/month

2 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Living Room
  • Ranch Style House
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of October 2022

Investment Opportunity!!! Well maintained property 3 bedrooms, 2 baths with a finished basement Newer furnace, Central Air Unit, & Hot Water Heater. Hardwood floors throughout main floor. Appliances included. tenant pays all utiltites.

Last Agent to Sell the Property

Nakia Dunlap

Residential Premier RealEstate License #RB14043553 Listed on: 08/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 41x124
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Living Room
  • Recreation Room
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Gary Hillcrest Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450808454023000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,018

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped, Nearly Level, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1427
  • Subdivision Name: Gary Hillcrest Add
  • 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: 1.75
  • 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: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

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

Lot Info

  • Lot Dimensions: 41X124
  • Parcel #: 450808454023000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1018

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 21, 2022
Sold by
Sterling Equity Alternative Fund Llc
Bought by
Jnw Rentals Llc
Seller's Agent
Nakia Dunlap
Residential Premier RealEstate
List Price
$48,500
Sold Price
$48,500
Current Estimated Value
$76,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,145
Avg. Annual Appreciation
15.64%
Original Mortgage
$36,375
Outstanding Balance
$34,999
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$41,646

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jun 3, 2020
Sold by
Pride Savannah
Bought by
Sterling Equity Alternative Fund Llc
Seller's Agent
Kenneth Barksdale
KjB Preferred Real Estate Grp
Buyer's Agent
Nakia Dunlap
Residential Premier RealEstate
List Price
$34,000
Sold Price
$34,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%
Original Mortgage
$83,000
Interest Rate
3.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jnw Rentals Llc -- Chicago Title
Sterling Equity Alternative Fund Llc -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jnw Rentals Llc $36,375
Previous Owner Sterling Equity Alternative Fund Llc $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2022 10/18/22 Sold $48,500 0.0% $36 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $48,500 +42.6% $36 / Sq Ft
06/03/2020 06/03/20 Sold $34,000 0.0% $25 / Sq Ft View Prior Sale
05/15/2020 05/15/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $34,000 -- $25 / 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 $3,756 $45,400 $6,000 $39,400
2023 $1,013 $42,600 $6,000 $36,600
2022 $1,013 $39,200 $6,800 $32,400
2021 $1,018 $39,400 $6,600 $32,800
2020 $397 $36,600 $6,600 $30,000
2019 $426 $37,500 $6,800 $30,700
2018 $462 $37,500 $6,800 $30,700
2017 $456 $36,600 $6,600 $30,000
2016 $468 $38,000 $6,600 $31,400
2014 $375 $37,600 $8,000 $29,600
2013 $364 $37,300 $8,000 $29,300
Source: Public Records

Agents Affiliated with this Home

  • Nakia Dunlap

    Seller's Agent in 2022

    Nakia Dunlap

    Residential Premier RealEstate

    (219) 201-2859

    9 in this area

    57 Total Sales

    Nakia Dunlap
    Section Image
  • Kenneth Barksdale

    Seller's Agent in 2020

    Kenneth Barksdale

    KjB Preferred Real Estate Grp

    (219) 808-4094

    1 in this area

    9 Total Sales

    Kenneth Barksdale
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR517680

Northwest Indiana Association of REALTORS®

APN: 45-08-08-454-023.000-004

Indiana Lake County Gary 46404 Tolleston

1948 Cleveland St, Gary, IN

Not Listed for Sale

Detached

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