$32,000
SOLD APR 25, 2025

237 E 39th Ave Gary, IN 46409

Glen Park Neighborhood
-- Bed
-- Bath
977 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

16% Below List Price

208 Days on Market

About This Home

As of April 2025

INVESTMENT OPPORTUNITY! 2-unit building, brick with a 2 car garage. Estimated ARV: $160,000. Estimated Repairs: $88,000-100,000. Brick is still solid and a great investment opportunity.

Last Agent to Sell the Property

Michael Santos

Estate Squared Away License #RB22001717 Listed on: 08/23/2024

Co-Listed By

Angelo Pedroza

Estate Squared Away License #RB19001451

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 977 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • No Heating
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 450827153010000004

Community Details

Overview

  • Earles 3Rd Glen Park Add Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1929
  • ResoLotFeatures: Corner Lot
  • ResoPoolFeatures: None
  • Co List Office Mls Id: NRA2315
  • Co List Office Phone: (219) 798-6172
  • Co List Office Mls Id: NRA2315
  • Subdivision Name: EARLES 3RD GLEN PARK ADD
  • Above Grade Finished Sq Ft: 977
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Acres: 0.08
  • Waterfront: No
  • Foundation Details: None

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: None

Utilities

  • Sewer: None
  • Cooling: None
  • Heating: None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 450827153010000004

Rental Info

  • Pets Allowed: No
  • Tenant Pays: None
  • Owner Pays: None

Tax Info

  • Year: 2024
  • Tax Annual Amount: 820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Apr 18, 2025
Sold by
In Homebuyers Llc
Bought by
Lighthouse Estates Llc
Seller's Agent
Michael Santos
Estate Squared Away
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$38,000
Sold Price
$32,000
Premium/Discount to List
-$6,000
-15.79%
Views
295
Current Estimated Value
$30,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,275
Avg. Annual Appreciation
-5.80%
Original Mortgage
$91,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 10, 2024
Sold by
Auditor Of Lake County
Bought by
Page Julius

Purchase Details

Closed on
Aug 28, 2024
Sold by
Page Julius
Bought by
Home Buyers Llc

Purchase Details

Closed on
Oct 7, 2021
Sold by
Auditor Of Lake County
Bought by
Synergetic Heroes Llc

Purchase Details

Closed on
Aug 18, 2011
Sold by
Homesolutions Properties Llc
Bought by
Fate T

Purchase Details

Closed on
Jul 22, 2008
Sold by
Paramount Land Holdings Llc
Bought by
Homesolutions Properties Llc

Purchase Details

Closed on
Apr 17, 2008
Sold by
Us Bank National Association
Bought by
Paramount Land Holdings Llc

Purchase Details

Closed on
Aug 17, 2007
Sold by
Young Tangerine
Bought by
U S Bank Na and Structured Asset Investment Loan Trust 2

Purchase Details

Closed on
Jun 6, 2006
Sold by
Nicholes Matthew
Bought by
Young Tangerine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,690
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2005
Sold by
Hud
Bought by
Nicholes Matthew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $11,500 None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $11,500 None Listed On Document
Quit Claim Deed -- None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $900 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Limited Warranty Deed $4,000 Ash Title Agency Llc
Sheriffs Deed $25,000 None Available
Warranty Deed -- Ticor Cp
Special Warranty Deed -- Contract Processing & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $91,000 Construction
Previous Owner $60,690 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $32,000 +14.7% $33 / Sq Ft
02/18/2025 02/18/25 Price Changed $27,900 -0.4% $29 / Sq Ft
12/17/2024 12/17/24 Price Changed $28,000 -26.3% $29 / Sq Ft
08/23/2024 08/23/24 For Sale $38,000 -- $39 / 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
2025 $1,194 $7,900 $2,000 $5,900
2024 $2,927 $7,400 $2,000 $5,400
2023 $837 $33,200 $4,800 $28,400
2022 $886 $34,600 $4,900 $29,700
2021 $825 $32,200 $4,900 $27,300
2020 $840 $32,800 $4,900 $27,900
2019 $2,229 $36,200 $5,400 $30,800
2018 $2,019 $36,200 $5,400 $30,800
2017 $787 $36,400 $5,400 $31,000
2016 $1,038 $48,700 $5,400 $43,300
2014 $1,135 $48,500 $5,500 $43,000
2013 $1,038 $46,200 $5,500 $40,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Santos

    Seller's Agent in 2025

    Michael Santos

    Estate Squared Away

    (219) 595-9700

    4 in this area

    29 Total Sales

    Michael Santos
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Angelo Pedroza

    Estate Squared Away

    16 in this area

    71 Total Sales

    Angelo Pedroza
    Section Image

  • N

    Buyer's Agent in 2025

    Non-Member Agent

    Non-Member MLS Office

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 809232

Northwest Indiana Association of REALTORS®

APN: 45-08-27-153-010.000-004

Indiana Lake County Gary 46409 Glen Park

237 E 39th Ave, Gary, IN

Sold

MultiFamily

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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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