NOT LISTED FOR SALE

2450 W Ridge Rd Gary, IN 46408

Black Oak Neighborhood

Estimated Value: $63,127

0.47 Acre
$134,313 Price per Acre
20,473 Sq Ft Lot

Last Sold March 05, 2020

Last sale price $42,750

Est. 48% increase in value since last sale

Current estimated payment $415/month

278 Days on Market

About This Lot

As of March 2020

Looking for a property to build your business? Look no further. Here is a spacious .470 Acre commercial lot with tons of potential. Property is located right on busy Ridge Road.

Last Listed By

Lynn Watkins

Keller Williams NW Indiana License #RB18000993 Listed on: 05/02/2019

Property Details

Property Type

  • Land

Year Built

  • 1974

Lot Details

  • 0.47 Acre Lot
  • Zoning described as COMM

Listing and Financial Details

  • Assessor Parcel Number 450829136002000003

Property Details

Property Type

Land

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: None
  • Road Frontage Type: City Street, Gravel
  • Co List Office Mls Id: GNR270
  • Subdivision Name: none
  • GNR_Auction: No
  • GNR_PermitsNeeded: All Permits
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1974

Interior Features

  • Possible Use: Car Lot, Condominium, Convenience Store, Commercial, Office, Restaurant, Other

Exterior Features

  • Acres: 0.47

Lot Info

  • Lot Size Sq Ft: 20473
  • ResoLotSizeUnits: Acres
  • Parcel #: 450829136002000003
  • Zoning Description: COMM
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Gerald Hannigan
Bought by
Middleton Charles W
Total Days on Market
278
Current Estimated Value
$63,127

Purchase Details

Closed on
Aug 31, 2022
Sold by
Gerald Hannigan
Bought by
Middleton Charles W

Purchase Details

Closed on
Aug 10, 2022
Sold by
Hannigan Gerald A
Bought by
Middleton Charles W

Purchase Details

Listed on
May 2, 2019
Closed on
Mar 5, 2020
Sold by
Moreland Harold D
Bought by
Hannigan Gerald
Seller's Agent
Lynn Watkins
Keller Williams NW Indiana
List Price
$42,750
Sold Price
$42,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
May 22, 2019
Sold by
Harold D Moreland Trust
Bought by
Moreland Harold D

Purchase Details

Closed on
Jul 29, 2009
Sold by
Moreland Harold
Bought by
Moreland Harold D and Harold D Moreland Land Trust

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
Middleton Charles W -- --
Middleton Charles W -- --
Middleton Charles W -- None Listed On Document
Hannigan Gerald -- Community Title Company
Moreland Harold D -- None Available
Moreland Harold D -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $42,750 0.0% --
02/04/2020 02/04/20 Pending -- -- --
05/02/2019 05/02/19 For Sale $42,750 -- --
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 $3,735 $44,200 $36,300 $7,900
2023 $1,338 $44,300 $36,300 $8,000
2022 $1,338 $44,600 $36,300 $8,300
2021 $1,305 $43,500 $36,300 $7,200
2020 $894 $29,800 $23,600 $6,200
2019 $1,509 $30,300 $23,600 $6,700
2018 $1,769 $30,300 $23,600 $6,700
2017 $2,408 $46,600 $36,300 $10,300
2016 $2,421 $47,100 $36,300 $10,800
2014 $1,850 $47,100 $36,200 $10,900
2013 $1,779 $46,300 $36,200 $10,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lynn Watkins

    Keller Williams NW Indiana

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR454118

Northwest Indiana Association of REALTORS®

APN: 45-08-29-136-002.000-003

Indiana Lake County Gary 46408 Black Oak

2450 W Ridge Rd, Gary, IN

Homes for Sale in Gary, IN

This home is located at 2450 W Ridge Rd, Gary, IN 46408 since 02 May 2019 and is currently estimated at $63,127. This property was built in 1974. 2450 W Ridge Rd is a home located in Lake County with nearby schools including Calumet High School, Steel City Academy, and Ambassador Academy.

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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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