NOT LISTED FOR SALE

2040 W 50th Place Gary, IN 46408

Ross Neighborhood

Estimated Value: $175,000 - $200,000

3 Beds
1.5 Baths
2,580 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $31,799 $12 Per Sq Ft

Est. 488% increase in value since last sale

Current estimated payment $1,481/month

11 Days on Market

Highlights

  • Recreation Room
  • 1 Car Attached Garage
  • Living Room
  • Formal Dining Room
  • Patio
  • Hot Water Heating System

About This Home

As of May 2013

3 bedroom, 1.5 bath Quad Level. 1 car attached garage. Patio. Hardwood floors in bedrooms. *** This is a HUD Property - an Equal Housing Opportunity. Property #151-626605. All properties sold as is and buyers are encouraged to inspect homes prior to submitting bid. See agent remarks for bid procedures. For showing access, use Showing Assist to register. No confirmation required. GNIAR lockbox on property.

Last Listed By

Bill McCabe

BHHS Executive Realty License #RB14014310 Listed on: 03/15/2013

BHHS Executive Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 71 x 138

Parking

  • 1 Car Attached Garage

Home Design

  • Quad-Level Property
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,580 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Electric Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • No Utilities

Community Details

  • Woods Park Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450832404019000001

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Co List Office Mls Id: GNR121
  • Co List Office Mls Id: GNR121
  • Subdivision Name: Woods Park
  • Architectural Style: Quad Level
  • GNR_Exterior: Aluminum Siding,Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range
  • Interior Amenities: Formal Dining
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Patio
  • Acres: 0.23

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: Off
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 71 x 138
  • Lot Size Sq Ft: 10019
  • ResoLotSizeUnits: Acres
  • Parcel #: 450832404019000001
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 1713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
May 14, 2013
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Sumner Michael
Seller's Agent
Bill McCabe
BHHS Executive Realty
Buyer's Agent
Michael Campbell
Michael Campbell, Broker
List Price
$31,799
Sold Price
$31,799
Total Days on Market
11
Current Estimated Value
$186,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,165
Avg. Annual Appreciation
15.93%

Purchase Details

Closed on
Oct 25, 2012
Sold by
Phh Mortgage Corp
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Oct 5, 2012
Sold by
Williams Macceo
Bought by
Phh Mortgage Corp

Range of Values:

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Average Value
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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
Sumner Michael -- None Available
The Secretary Of Hud -- None Available
Phh Mortgage Corp $118,778 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $31,799 0.0% $12 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $31,799 -- $12 / 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 $5,218 $121,200 $17,500 $103,700
2023 $1,211 $122,500 $17,500 $105,000
2022 $1,211 $121,100 $16,000 $105,100
2021 $1,124 $112,400 $16,000 $96,400
2020 $1,201 $120,100 $16,000 $104,100
2019 $1,208 $112,300 $15,200 $97,100
2018 $1,583 $112,300 $15,200 $97,100
2017 $1,613 $113,600 $15,200 $98,400
2016 $1,676 $118,000 $15,200 $102,800
2014 $1,586 $119,900 $15,800 $104,100
2013 $1,563 $123,800 $15,800 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR324321

Northwest Indiana Association of REALTORS®

APN: 45-08-32-404-019.000-001