NOT LISTED FOR SALE

2417 Tyler St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $58,000 - $81,000

3 Beds
2 Baths
1,188 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $57,000 $48 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $476/month

9 Days on Market

About This Home

As of December 2021

INVESTOR Opportunity available for this fenced multi-unit! 14% cap rate. Current tenants 12 month lease until January. Upstairs is 2 bed/1 bath. Downstairs is 1 bed/1 bath and hookup for washer/dryer. Outside is a 2 car detached garage. Schedule your showing today!

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 11/01/2021

Co-Listed By

Breanne Schumaker

McCormick Real Estate, Inc. License #RB19002049

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $577

Year Built

  • Built in 1925

Lot Details

  • 3,703 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 1,188 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450816181004000004

Community Details

Overview

  • 2 Units
  • Dixie Homesite Add Subdivision

Security

  • Fenced around community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$577

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Fenced Yard
  • Co List Office Mls Id: GNR1136
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: Dixie Homesite Add
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.085

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 3703
  • ResoLotSizeUnits: Acres
  • Parcel #: 450816181004000004
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Petrocelli Nicholas and Petrocelli Nick
Bought by
Petrocelli Nicholas
Current Estimated Value
$73,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Outstanding Balance
$86,103
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
-$30,029

Purchase Details

Closed on
Aug 1, 2024
Sold by
Manchak Joseph
Bought by
Petrocelli Nick

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 4, 2022
Sold by
Anduril Realty Llc
Bought by
Manchak Joseph
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$57,000
Sold Price
$57,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.44%
Original Mortgage
$42,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 10, 2021
Sold by
Tunis James
Bought by
Anduril Realty Llc
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$57,000
Sold Price
$57,000

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 14, 2018
Sold by
Gore John B and Cummings Geraldine
Bought by
Tunis James
Seller's Agent
Johnette Gore
Premier Midwest Realty, INC
List Price
$17,000
Sold Price
$17,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.27%

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 7, 2018
Sold by
Gore A Timothy A and Gore Timothy
Bought by
Gore John B and Cummings Geraldine
Seller's Agent
Johnette Gore
Premier Midwest Realty, INC
List Price
$17,000
Sold Price
$17,000
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
Petrocelli Nicholas -- Chicago Title Insurance Compan
Petrocelli Nick $50,000 Chicago Title
Manchak Joseph -- None Listed On Document
Anduril Realty Llc -- Chicago Title Company Llc
Tunis James -- Meridian Title Corp
Gore John B -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrocelli Nicholas $88,000
Previous Owner Manchak Joseph $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $57,000 0.0% $48 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $57,000 +235.3% $48 / Sq Ft
09/14/2018 09/14/18 Sold $17,000 0.0% $14 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $17,000 -- $14 / 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 $4,876 $57,800 $4,700 $53,100
2023 $1,394 $55,300 $4,700 $50,600
2022 $1,188 $46,200 $1,800 $44,400
2021 $586 $22,700 $1,800 $20,900
2020 $560 $21,700 $1,800 $19,900
2019 $577 $23,400 $1,800 $21,600
2018 $735 $29,400 $1,800 $27,600
2017 $700 $27,300 $1,800 $25,500
2016 $721 $28,600 $1,800 $26,800
2014 $765 $32,400 $2,200 $30,200
2013 $710 $31,300 $2,200 $29,100
Source: Public Records

Agents Affiliated with this Home

  • Jeff McCormick

    Seller's Agent in 2021

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    30 in this area

    719 Total Sales

    Jeff McCormick
    Section Image
  • Breanne Schumaker

    Seller Co-Listing Agent in 2021

    Breanne Schumaker

    McCormick Real Estate, Inc.

    (765) 426-0678

    5 in this area

    100 Total Sales

    Breanne Schumaker
    Section Image
  • Johnette Gore

    Seller's Agent in 2018

    Johnette Gore

    Premier Midwest Realty, INC

    (219) 678-3710

    9 in this area

    94 Total Sales

    Johnette Gore
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR503551

Northwest Indiana Association of REALTORS®

APN: 45-08-16-181-004.000-004

Indiana Lake County Gary 46407 Midtown

2417 Tyler St, Gary, IN

This home is located at 2417 Tyler St, Gary, IN 46407 since 01 November 2021 and is currently estimated at $73,795, approximately $62 per square foot. This property was built in 1925. 2417 Tyler St is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, and West Side Leadership 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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