NOT LISTED FOR SALE

2137 W 48th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $70,143 - $138,000

2 Beds
1 Bath
624 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 14, 2013

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

Est. 1,141% increase in value since last sale

Current estimated payment $711/month

11 Days on Market

Highlights

  • Ranch Style House
  • Country Kitchen
  • Living Room
  • Covered patio or porch
  • Cooling Available
  • Forced Air Heating System

About This Home

As of February 2013

Single family home needs TLC. Almost move in ready. Good investment. You will make money.

Last Listed By

Ed Del Real

McColly Real Estate License #RB14036438 Listed on: 01/28/2013

McColly Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,666 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Fenced

Parking

  • Carport

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 624 Sq Ft Home
  • Living Room
  • Country Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • No Utilities

Community Details

  • Orchard Hill Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450832257001000001

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Co List Office Mls Id: GNR254
  • Subdivision Name: Orchard Hill
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Laundry, Main Floor Bedroom, Country Kitchen
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence, Porch-Covered
  • Acres: 0.176

Garage/Parking

  • Parking Features: Carport

Utilities

  • Utilities: Off
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 60 X 120
  • Lot Size Sq Ft: 7666
  • Parcel #: 450832257001000001

Tax Info

  • Year: 2011
  • Tax Annual Amount: 1160

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Olson Group Network Llc
Bought by
Sarah Jo Llc
Total Days on Market
11
Current Estimated Value
$99,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,800
Outstanding Balance
$88,019
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$4,837

Purchase Details

Closed on
Oct 5, 2018
Sold by
Torres Edward J
Bought by
Olson Group Network Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 5, 2017
Sold by
Boxman Geoffrey M
Bought by
Torres Edward J

Purchase Details

Closed on
Jun 27, 2016
Sold by
Sandels Patrick C
Bought by
Botman Geoffery M

Purchase Details

Listed on
Jan 28, 2013
Closed on
Feb 14, 2013
Sold by
First Federal Savings & Loan Assn
Bought by
Sanders Patrick C
Seller's Agent
Ed Del Real
McColly Real Estate
Buyer's Agent
Ed Del Real
McColly Real Estate
List Price
$8,000
Sold Price
$8,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.08%

Purchase Details

Listed on
Jan 28, 2013
Closed on
Dec 21, 2012
Sold by
Harper Sheriff and Harper Gary
Bought by
First Federal Savings Loan Associatio
Seller's Agent
Ed Del Real
McColly Real Estate
Buyer's Agent
Ed Del Real
McColly Real Estate
List Price
$8,000
Sold Price
$8,000

Purchase Details

Closed on
Jul 1, 2007
Sold by
Sheaffer Wayne
Bought by
Harper Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,720
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Sheaffer Wayne
Bought by
Harper Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,720
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2007
Sold by
Homecomings Financial Llc
Bought by
Cavender Properties Llc

Purchase Details

Closed on
Oct 6, 2006
Sold by
Dixon Robert and Wells Fargo Bank Na
Bought by
Homecomings Financial Network Inc

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
Sarah Jo Llc $85,000 None Listed On Document
Olson Group Network Llc -- Indiana Title Network Co
Torres Edward J -- None Available
Botman Geoffery M -- None Available
Sanders Patrick C -- Community Title Co
First Federal Savings Loan Associatio -- --
Harper Gary -- Stewart Title
Harper Gary -- None Available
Sheaffer Wayne -- Meridian Title Corp
Cavender Properties Llc -- Statewide Title Company Inc
Homecomings Financial Network Inc $26,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarah Jo Llc $89,800
Closed Sarah Jo Llc $90,000
Previous Owner Olson Gorup Network Llc $49,000
Previous Owner Olson Group Network Llc $45,000
Previous Owner Sanders Patrick C $22,000
Previous Owner Harper Gary $49,600
Previous Owner Sheaffer Wayne $32,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2013 02/14/13 Sold $8,000 0.0% $13 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $8,000 -- $13 / 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 $1,862 $74,000 $11,500 $62,500
2023 $874 $43,700 $11,500 $32,200
2022 $874 $43,700 $11,300 $32,400
2021 $822 $41,100 $11,300 $29,800
2020 $812 $40,600 $11,300 $29,300
2019 $877 $39,600 $10,800 $28,800
2018 $1,099 $35,500 $10,300 $25,200
2017 $1,150 $37,000 $10,300 $26,700
2016 $327 $37,500 $10,100 $27,400
2014 $340 $41,700 $10,300 $31,400
2013 $1,171 $41,500 $10,300 $31,200
Source: Public Records

Agents Affiliated with this Home

  • Ed Del Real

    Seller's Agent in 2013

    Ed Del Real

    McColly Real Estate

    (708) 214-4744

    3 in this area

    187 Total Sales

    Ed Del Real
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR321597

Northwest Indiana Association of REALTORS®

APN: 45-08-32-257-001.000-001

Indiana Lake County Gary 46408 Ross

2137 W 48th Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 2137 W 48th Ave, Gary, IN 46408 since 28 January 2013 and is currently estimated at $99,286, approximately $159 per square foot. This property was built in 1955. 2137 W 48th Ave 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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