NOT LISTED FOR SALE

2040 W 50th Place Gary, IN 46408

Ross Neighborhood

Estimated Value: $182,000 - $279,000

3 Beds
1.5 Baths
2,580 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 17, 2013

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

Est. 601% increase in value since last sale

Current estimated payment $1,621/month

11 Days on Market

Highlights

  • Recreation Room
  • Formal Dining Room
  • Patio
  • Wooded Lot
  • 1 Car Attached Garage
  • Living Room

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 Agent to Sell the Property

Bill McCabe

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

BHHS Executive Realty

Last Buyer's Agent

Michael Campbell

Michael Campbell, Broker License #RB14030548

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 71 x 138
  • Landscaped
  • Paved or Partially Paved Lot
  • Wooded Lot

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
  • Cable TV Available

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
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped, Wooded, Paved Road
  • ResoOtherEquipment: Cable TV Hookup
  • 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
Current Estimated Value
$222,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,074
Avg. Annual Appreciation
17.02%

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
Source: Public Records

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
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

  • Bill McCabe

    Seller's Agent in 2013

    Bill McCabe

    BHHS Executive Realty

    (219) 742-9200

    1 in this area

    57 Total Sales

    Bill McCabe
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Campbell

    Michael Campbell, Broker

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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

Indiana Lake County Gary 46408 Ross

2040 W 50th Place, Gary, IN

This home is located at 2040 W 50th Place, Gary, IN 46408 since 15 March 2013 and is currently estimated at $222,873, approximately $86 per square foot. This property was built in 1963. 2040 W 50th Place is a home located in Lake County with nearby schools including Calumet High School, Higher Institute of Arts and Technology, and Ambassador 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.

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