NOT LISTED FOR SALE

2087 W 51st Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $156,000 - $200,000

3 Beds
1.5 Baths
1,648 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 18, 2014

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

Est. 1,275% increase in value since last sale

Current estimated payment $1,343/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 Agent to Sell the Property

Steve Jamrok

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

Realty Executives Premier

Last Buyer's Agent

Joe Moke

Weichert, Realtors-Moke Agency License #RB14023373

Weichert, Realtors-Moke Agency

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
  • Reso Property Sub Type: Single Family Residence
  • ResoOtherEquipment: None
  • 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
  • AuctionYN: 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
Current Estimated Value
$178,691

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
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
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

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 339647

Northwest Indiana Association of REALTORS®

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