NOT LISTED FOR SALE

2087 W 51st Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $158,000 - $206,000

3 Beds
1.5 Baths
1,648 Sq Ft
$106/Sq Ft Est. Value

Last Sold February 18, 2014

Last sale price $13,000 $8 Per Sq Ft

Est. 1,243% increase in value since last sale

Current estimated payment $1,333/month

86 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

As of February 2014

Good Investment opportunity! 3 bedroom, 1.5 bath ranch with partial basement. Home needs work but has nice potential. This property is eligible for the Freddie Mac First Look Initiative Through 11/20/2013. Only Owner Occupant offers will be negotiated during this period. REO property sold as-is.

Last Listed By

Steve Jamrok

Realty Executives Premier License #RB14028133 Listed on: 11/05/2013

Realty Executives Premier

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 10,795 Sq Ft Lot
  • Lot Dimensions are 85x127

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1,648 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Woods Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

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: NRA1830
  • Subdivision Name: Woods Park
  • Above Grade Finished Sq Ft: 1648
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Crawl Space, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.2478
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 85x127
  • Lot Size Sq Ft: 10795
  • Parcel #: NEW OR UNDER CONSTRUCTION

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2023
Sold by
Smith Constance
Bought by
Smith Lee
Total Days on Market
86
Current Estimated Value
$174,547

Purchase Details

Closed on
Jul 5, 2013
Sold by
Kapate Neel J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 22, 2007
Sold by
Kochis George
Bought by
Kapale Neel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2007
Sold by
American General Financial Services Inc
Bought by
Kochis George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 19, 2007
Sold by
Osorio Pablo R and Osorio Pablo R
Bought by
American General Financial Services Inc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Gary, IN

  • 5066 Pennsylvania St, Gary, IN 46409

    $189,000

    • 3 Beds
    • 2 Baths
    • 2,340 Sq Ft
    • 5066 Pennsylvania St
    • Gary, IN

    Step into this stunningly renovated ranch-style home, where modern elegance meets functional design. The spacious living and dining areas are adorned with engineered hardwood floors and sleek new lighting, creating a perfect ambiance for relaxation, Super Bowl parties, or Family gatherings. At the heart of the home lies a newly designed, modern open-style kitchen and dining area, seamlessly

    Justin Hanuscin Listing Leaders

    Section Image
  • 1221 E 41st Ave, Gary, IN 46409

    $207,000

    • 3 Beds
    • 2 Baths
    • 1,466 Sq Ft
    • 1221 E 41st Ave
    • Gary, IN

    This newly renovated 3 bedroom 1.75 bath ranch is seeking new owners to call it their own beautiful home! New stainless fridge, stove & microwave will be provided at closing! JUST INSTALLED - wood privacy fence & ADT paid for ONE YEAR!Everything throughout the home is new - including: Roof, Siding, Windows, Hardwood Flooring throughout the entryway, living room and bedrooms, ceramic tile in

    Michelle Zupan Key Realty Indiana, LLC

    Section Image
  • 2537 Van Buren Place, Gary, IN 46407

    $144,900

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 2537 Van Buren Place
    • Gary, IN

    Fully renovated 3-bedroom, 2-bath home, ready for you to move in! This is a fantastic opportunity to own your own home, conveniently located just minutes from expressway access and only 5 minutes from the Hard Rock Casino. Don't miss out on this ideal combination of comfort and location!

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 2154 Whitcomb St, Gary, IN 46404

    $140,000

    • 4 Beds
    • 1.5 Baths
    • 1,536 Sq Ft
    • 2154 Whitcomb St
    • Gary, IN

    Nice 4-bedroom, 2-bath home with 1,500 sq ft of living space in Gary. This home features a spacious layout with a large living room and four good-sized bedrooms. Located across the street from Frankie Woods McCullough Academy.

    Gina Ziobro Listing Leaders Northwest

    Section Image
  • 1960 Chase St, Gary, IN 46404

    $155,000

    • 3 Beds
    • 1.5 Baths
    • 2,668 Sq Ft
    • 1960 Chase St
    • Gary, IN

    Welcome home to this all stone, well built home! This well kept home is ready for you to personalize. 3 bedroom, 1 bath! This one is priced to sell!

    Lisa Gaff White Hat Realty Group, LLC

    Section Image
  • 4252 W 21st Ave, Gary, IN 46404

    $184,900

    • 3 Beds
    • 2 Baths
    • 1,406 Sq Ft
    • 4252 W 21st Ave
    • Gary, IN

    Beautifully Renovated 3-Bed, 2-Bath Home - Prime Location!Step into this fully remodeled gem featuring 3 bedrooms, 2 bathrooms, and a spacious two-car garage. No detail was overlooked--brand new electrical, plumbing, roof, flooring, water heater, furnace, and appliances make this home move-in ready and worry-free.Conveniently located just minutes from major highways, shopping, dining, and the

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 1136 Matthews St, Gary, IN 46406

    $179,000

    • 2 Beds
    • 1 Bath
    • 1,544 Sq Ft
    • 1136 Matthews St
    • Gary, IN

    Welcome to this beautifully renovated ranch-style masterpiece--where modern elegance meets everyday comfort!This stunning home offers 3 spacious bedrooms and 2 full bathrooms, thoughtfully updated from top to bottom. Exterior upgrades include a brand-new roof, windows, and sidewalk, enhancing both curb appeal and peace of mind.Inside, you'll find an inviting open-concept layout filled with

    Justin Hanuscin Listing Leaders

    Section Image
  • 432 Jefferson St, Gary, IN 46402

    $149,900

    • 8 Beds
    • 2.5 Baths
    • 2,562 Sq Ft
    • 432 Jefferson St
    • Gary, IN

    Check Out This Amazing 8 Bedroom, 3 Bathroom, Move in Ready Home with Full Basement, Fenced Yard and 2.5 Car Garage. This Spacious Home Includes Formal Dining Room, Enclosed Front Porch, Enclosed Rear Porch, Updated Kitchen with Appliances and Two Updated Bathrooms. This Home is Located on a Double Lot Close in Proximity to the Gary Public Library, South Shore Train Station, Public

    Gerrit Ross Coldwell Banker Realty

    Section Image
  • 1141 Arizona St, Gary, IN 46403

    $199,000

    • 4 Beds
    • 2 Baths
    • 1,884 Sq Ft
    • 1141 Arizona St
    • Gary, IN

    Welcome to your beautifully renovated ranch-style home -- where modern comfort meets timeless charm!This thoughtfully updated 4-bedroom, 2-bathroom home is designed for both functionality and style, offering the perfect blend of open living space and private comfort.As you arrive, you'll notice the extended driveway and ample rear parking -- ideal for hosting guests or accommodating a busy

    Justin Hanuscin Listing Leaders

    Section Image

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
Smith Lee -- --
Federal Home Loan Mortgage Corporation $99,838 None Available
Kapale Neel J -- Chicago Title Insurance Co
Kochis George -- Community Title Company
American General Financial Services Inc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kapale Neel J $86,400
Previous Owner Kochis George $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2014 02/18/14 Sold $13,000 0.0% $8 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $13,000 -- $8 / 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 $4,277 $99,500 $20,200 $79,300
2023 $1,980 $100,400 $20,200 $80,200
2022 $1,980 $98,800 $18,400 $80,400
2021 $2,061 $92,000 $18,400 $73,600
2020 $1,976 $98,600 $18,400 $80,200
2019 $1,935 $92,300 $17,500 $74,800
2018 $2,727 $92,300 $17,500 $74,800
2017 $2,683 $93,000 $17,500 $75,500
2016 $2,906 $96,600 $17,500 $79,100
2014 $2,892 $98,900 $18,200 $80,700
2013 $2,882 $102,900 $18,200 $84,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 339647

Northwest Indiana Association of REALTORS®

APN: 45-08-32-452-007.000-001