NOT LISTED FOR SALE

2485 Prospect St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $38,000 - $86,125

2 Beds
1 Bath
2,296 Sq Ft
$27/Sq Ft Est. Value

About This Home

This home is located at 2485 Prospect St, Gary, IN 46407 and is currently estimated at $62,781, approximately $27 per square foot. 2485 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
Jul 11, 2024
Sold by
Priced Rite Tree Removal Llc
Bought by
2485 Prospect Street Llc
Current Estimated Value
$62,781

Purchase Details

Closed on
Jul 9, 2024
Sold by
Priced Rite Tree Removal Llc
Bought by
2485 Prospect Street Llc

Purchase Details

Closed on
Sep 17, 2021
Sold by
Indiana Land Trust Company
Bought by
Priced Rite Tree Removal Llc

Purchase Details

Closed on
Sep 1, 2021
Sold by
Indiana Land Trust Company
Bought by
Priced Rite Tree Removal Llc

Purchase Details

Closed on
May 10, 2013
Sold by
Lake County Trust Co
Bought by
Lake County Trust Co

Purchase Details

Closed on
Nov 29, 2005
Sold by
Sermak Properties Llc
Bought by
Middleborn Patches R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
9.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 5, 2005
Sold by
Middleborn Pat
Bought by
Sermak Properties Llc
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
2485 Prospect Street Llc -- None Listed On Document
2485 Prospect Street Llc $35,000 None Listed On Document
Priced Rite Tree Removal Llc -- Northwest Indiana Title
Priced Rite Tree Removal Llc -- Northwest Indiana Title
Lake County Trust Co -- None Available
Middleborn Patches R -- Chicago Title Insurance Comp
Sermak Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Middleborn Patches R $58,500
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 $1,235 $40,500 $8,500 $32,000
2024 $3,412 $39,700 $9,200 $30,500
2023 $976 $38,700 $9,200 $29,500
2022 $930 $36,300 $9,400 $26,900
2021 $874 $34,100 $9,400 $24,700
2020 $963 $37,600 $9,400 $28,200
2019 $2,107 $37,600 $9,400 $28,200
2018 $1,875 $35,900 $7,700 $28,200
2017 $785 $36,300 $7,700 $28,600
2016 $801 $37,600 $7,700 $29,900
2014 $983 $42,000 $8,000 $34,000
2013 $917 $40,800 $8,000 $32,800
Source: Public Records

Map

Indiana Lake County Gary 46407 Midtown

2485 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