NOT LISTED FOR SALE

2401 Prospect St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $42,000 - $58,000

2 Beds
1 Bath
704 Sq Ft
$72/Sq Ft Est. Value

About This Home

This home is located at 2401 Prospect St, Gary, IN 46407 and is currently estimated at $50,399, approximately $71 per square foot. 2401 Prospect St is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, Gary Middle School, and West Side Leadership Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2025
Sold by
Murray Thomas J
Bought by
Priced Rite Tree Removal Llc
Current Estimated Value
$50,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$19,956
Interest Rate
7.6%
Estimated Equity
$30,443

Purchase Details

Closed on
Feb 23, 2015
Sold by
Murray Raymond
Bought by
Murray Thomas J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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
Priced Rite Tree Removal Llc -- Northwest Indiana Title
Murray Thomas J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Priced Rite Tree Removal Llc $20,000
Closed Priced Rite Tree Removal Llc $22,000
Source: Public Records

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 $980 $32,800 $5,900 $26,900
2024 $2,654 $30,700 $5,700 $25,000
2023 $759 $30,100 $5,700 $24,400
2022 $725 $28,300 $5,800 $22,500
2021 $674 $26,300 $5,800 $20,500
2020 $674 $26,300 $5,800 $20,500
2019 $786 $26,300 $5,800 $20,500
2018 $662 $24,700 $4,200 $20,500
2017 $685 $28,200 $4,200 $24,000
2016 $729 $29,300 $4,200 $25,100
2014 $307 $28,200 $4,400 $23,800
2013 $292 $27,400 $4,300 $23,100
Source: Public Records

Map

Indiana Lake County Gary 46407 Midtown

2401 Prospect St, Gary, IN

Not Listed for Sale

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.

Nearby Homes