NOT LISTED FOR SALE

2244 W 48th Place Gary, IN 46408

Ross Neighborhood

Estimated Value: $78,000 - $107,000

2 Beds
2 Baths
960 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $58,000 $60 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $589/month

6 Days on Market

Highlights

  • Ranch Style House
  • Country Kitchen
  • Bathroom on Main Level
  • 3 Car Detached Garage
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of May 2021

Great starter home or investment, just Needs a little TLC. Open kitchen to living room. One Bedroom has private bathroom. Garage is 28x30. Located on a dead end street.

Last Listed By

Catherine Hicks

BHHS Executive Realty License #RB14014035 Listed on: 03/27/2021

BHHS Executive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1940

Lot Details

  • 7,667 Sq Ft Lot
  • Lot Dimensions are 60x128

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Cedar Siding

Interior Spaces

  • 960 Sq Ft Home
  • Living Room
  • Laundry on main level

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Schools

  • Longfellow Elementary School
  • Calumet New Tech High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • Orchard Hill Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450832255011000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Co List Office Mls Id: GNR368
  • Subdivision Name: Orchard Hill Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Cedar
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Refrigerator
  • Interior Amenities: Country Kitchen, Main Bedroom Bath, Main Floor Bathroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.176

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached

Utilities

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

Lot Info

  • Lot Dimensions: 60x128
  • Lot Size Sq Ft: 7667
  • Parcel #: 450832255011000001

Tax Info

  • Year: 2019
  • Tax Annual Amount: 550

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Calumet New Tech High School
  • Elementary School: Longfellow Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 10, 2021
Sold by
Schumacher Janice K
Bought by
Stammis Jerry
Seller's Agent
Catherine Hicks
BHHS Executive Realty
Buyer's Agent
Kathleen Middleton
Listing Leaders Northwest
List Price
$58,000
Sold Price
$58,000
Total Days on Market
6
Current Estimated Value
$89,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,393
Avg. Annual Appreciation
15.78%
Original Mortgage
$52,000
Outstanding Balance
$47,820
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$57,007

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
Stammis Jerry $58,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stammis Jerry $52,000
Previous Owner Schumacher Janice K $56,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $58,000 0.0% $60 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $58,000 -- $60 / 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 $2,884 $72,300 $11,500 $60,800
2023 $698 $67,700 $11,500 $56,200
2022 $698 $69,800 $11,300 $58,500
2021 $505 $63,300 $11,300 $52,000
2020 $452 $62,500 $11,300 $51,200
2019 $550 $61,200 $10,800 $50,400
2018 $519 $54,200 $10,300 $43,900
2017 $392 $42,300 $10,300 $32,000
2016 $377 $42,900 $10,100 $32,800
2014 $247 $40,700 $10,300 $30,400
2013 $229 $40,400 $10,300 $30,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR490190

Northwest Indiana Association of REALTORS®

APN: 45-08-32-255-011.000-001