NOT LISTED FOR SALE

2031 W 7th Ave Gary, IN 46404

Ambridge-Mann Neighborhood

Estimated Value: $94,435 - $201,000

2 Beds
2 Baths
2,568 Sq Ft
$56/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $12,500 $5 Per Sq Ft

Est. 1,047% increase in value since last sale

Current estimated payment $938/month

324 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Enclosed patio or porch
  • 1 Fireplace
  • Country Kitchen
  • 1 Car Attached Garage

About This Home

As of August 2014

Big things come in small packages. Its nice to drive into the garage and use the enclosed breezeway to enter this home. Nicely landscaped. Near hospital, close to the Indiana Skyway. Beautiful brick home sits on corner lot in the Horace Mann area. Lower level is finished with cedar wood, a bar and family room area. Lower level bath is spacious with a shower. Lower level oversized laundry area and storage area. Must see this home to appreciate its beauty. This home is move in ready and being sold as is. Seller will make no repairs. Subject to short sale-

Last Listed By

Mary Aaron

McColly Real Estate License #RB14040776 Listed on: 09/04/2013

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,265

Year Built

  • Built in 1941

Lot Details

  • 8,886 Sq Ft Lot
  • Lot Dimensions are 71x125
  • Fenced

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Natural lighting in basement
  • Laundry Room

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450805458001000425

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,265

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Co List Office Mls Id: GNR102
  • Subdivision Name: none
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 1284
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_GroundLevelWalkoutBasement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range
  • Interior Amenities: Main Floor Bedroom, Main Floor Bathroom, Formal Dining, Finished Laundry Rm, Country Kitchen
  • Basement: Daylight
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1284
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Fence, Landscape Lighting, Patio, Porch-Enclosed
  • Acres: 0.204

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 71x125
  • Lot Size Sq Ft: 8886
  • Parcel #: 450805458001000425

Tax Info

  • Year: 2012

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Ira Financial Trust Custodian
Bought by
Mangn Llc
Total Days on Market
324
Current Estimated Value
$143,359

Purchase Details

Closed on
Dec 6, 2019
Sold by
Reed Jesse J
Bought by
Mlk 401K Trust

Purchase Details

Listed on
Sep 4, 2013
Closed on
Jul 22, 2014
Sold by
Ramsey Linda
Bought by
Reed Jesse J
Seller's Agent
Mary Aaron
McColly Real Estate
List Price
$12,500
Sold Price
$12,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.48%

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
Mangn Llc -- None Available
Ira Financial Custodian -- None Available
Mangn Llc -- None Available
Ira Financial Trust -- None Available
Mlk 401K Trust $5,616 None Available
Reed Jesse J -- Community Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2014 08/06/14 Sold $12,500 0.0% $5 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
09/04/2013 09/04/13 For Sale $12,500 -- $5 / 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 $7,265 $86,800 $9,800 $77,000
2023 $774 $82,400 $10,300 $72,100
2022 $774 $30,200 $6,600 $23,600
2021 $774 $30,200 $6,600 $23,600
2020 $1,934 $75,500 $6,600 $68,900
2019 $1,470 $70,500 $6,600 $63,900
2018 $1,516 $68,600 $6,200 $62,400
2017 $1,558 $69,300 $6,200 $63,100
2016 $1,599 $72,200 $6,200 $66,000
2014 -- $76,300 $7,600 $68,700
2013 -- $74,900 $7,700 $67,200
Source: Public Records

Agents Affiliated with this Home

  • Mary Aaron

    Seller's Agent in 2014

    Mary Aaron

    McColly Real Estate

    (219) 805-7629

    2 in this area

    44 Total Sales

    Mary Aaron
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR336003

Northwest Indiana Association of REALTORS®

APN: 45-08-05-458-001.000-004

Indiana Lake County Gary 46404 Ambridge-Mann

2031 W 7th Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 2031 W 7th Ave, Gary, IN 46404 since 04 September 2013 and is currently estimated at $143,359, approximately $55 per square foot. This property was built in 1941. 2031 W 7th Ave is a home located in Lake County with nearby schools including Beveridge Elementary School, Bailly Preparatory Academy, 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.