NOT LISTED FOR SALE

2545 Van Buren St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $34,000 - $92,000

3 Beds
1 Bath
1,117 Sq Ft
$67/Sq Ft Est. Value

Last Sold February 15, 2025

Last sale price $90,000 $81 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $494/month

4 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Central Heating
  • No HOA
  • 1-Story Property
  • Dining Room

About This Home

As of February 2025

This 3-Bedroom Brick Ranch home is ready for you. As you walk into the home you will notice beautiful gleaming hardwood floors leading to themodern elegant designed kitchen area with nice counter tops, also a large Dining room with big windows and gorgeous flooring.This home boasts beautiful bathroom with new tiles and accents that make it look like a home taken out of a magazine, after a long day of work enjoy a soothing soak in the tub that has been very tastefully accented with ceramic title don"t forget about the back yard its has large Lot. Everything has been upgraded.The property conveniently located for an easy commute to Chicago, this property offers both comfort and accessibility a Must see.

Last Agent to Sell the Property

Miguel Garcia

Coldwell Banker Realty License #RB14052071 Listed on: 12/30/2024

Coldwell Banker Realty

Last Buyer's Agent

Melissa Yanez

Favela Real Estate, LLC License #RB14049226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $272

Year Built

  • Built in 1943

Lot Details

  • 6,055 Sq Ft Lot
  • Lot Dimensions are 121 x 50

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Central Heating

Community Details

  • No Home Owners Association
  • Douglas Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450816403010000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$272

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1943
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back Yard
  • Reso View: None
  • Co List Office Mls Id: NRA1984
  • Subdivision Name: Douglas Park Add
  • Above Grade Finished Sq Ft: 1117
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Ceramic Tile, Hardwood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 0.139

Garage/Parking

  • Parking Features: Additional Parking, Paver Block, Alley Access

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 121 X 50
  • Lot Size Sq Ft: 6055
  • Parcel #: 450816403010000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Feb 14, 2025
Sold by
Diaz Pedro
Bought by
Favela Property Investments 2 Llc
Seller's Agent
Miguel Garcia
Coldwell Banker Realty
Buyer's Agent
Melissa Yanez
Favela Real Estate, LLC
List Price
$91,900
Sold Price
$90,000
Premium/Discount to List
-$1,900
-2.07%
Views
14
Current Estimated Value
$75,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,707
Avg. Annual Appreciation
-7.14%
Original Mortgage
$95,000
Outstanding Balance
$94,842
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
-$7,923

Purchase Details

Listed on
Dec 30, 2024
Closed on
Feb 3, 2025
Sold by
Tsa Holding Group Llc
Bought by
Diaz Pedro
Seller's Agent
Miguel Garcia
Coldwell Banker Realty
Buyer's Agent
Melissa Yanez
Favela Real Estate, LLC
List Price
$91,900
Sold Price
$90,000
Premium/Discount to List
-$1,900
-2.07%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$94,842
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
-$7,923

Purchase Details

Listed on
Oct 30, 2023
Closed on
Apr 2, 2024
Sold by
Tsa Holding Group Llc
Bought by
Diaz Pedro
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Richard Tokarz
Advanced Real Estate, LLC
List Price
$22,000
Sold Price
$20,000
Premium/Discount to List
-$2,000
-9.09%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
474.84%

Purchase Details

Closed on
Sep 6, 2021
Sold by
North Indiana Investments Llc
Bought by
Tsa Holding Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,119
Interest Rate
2.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2021
Sold by
Garg Sumit
Bought by
North Indiana Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,119
Interest Rate
2.93%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2021
Sold by
Mahone Frank
Bought by
Garg Sumit
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
Favela Property Investments 2 Llc -- Greater Indiana Title Company
Diaz Pedro -- None Listed On Document
Diaz Pedro $20,000 None Listed On Document
Tsa Holding Group Llc -- None Available
North Indiana Investments Llc -- None Available
Garg Sumit -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Property Investments 2 Llc $95,000
Previous Owner North Indiana Investments Llc $7,119
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2025 02/15/25 Sold $90,000 -2.1% $81 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $91,900 +359.5% $82 / Sq Ft
04/08/2024 04/08/24 Sold $20,000 -9.1% $18 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/18/2024 02/18/24 For Sale $22,000 0.0% $20 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $22,000 -8.3% $20 / Sq Ft
12/07/2023 12/07/23 Price Changed $24,000 -17.2% $21 / Sq Ft
10/30/2023 10/30/23 For Sale $29,000 -- $26 / 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 $952 $10,000 $6,800 $3,200
2023 $272 $10,800 $7,700 $3,100
2022 $149 $5,800 $3,000 $2,800
2021 $149 $15,800 $3,000 $12,800
2020 $0 $15,200 $3,000 $12,200
2019 $1,505 $16,200 $3,000 $13,200
2018 $1,251 $40,700 $3,000 $37,700
2017 $75 $41,000 $3,000 $38,000
2016 $75 $42,800 $3,000 $39,800
2014 $5 $48,200 $3,600 $44,600
2013 $12 $48,900 $3,600 $45,300
Source: Public Records

Agents Affiliated with this Home

  • Miguel Garcia

    Seller's Agent in 2025

    Miguel Garcia

    Coldwell Banker Realty

    (219) 313-7224

    1 in this area

    31 Total Sales

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  • Melissa Yanez

    Buyer's Agent in 2025

    Melissa Yanez

    Favela Real Estate, LLC

    (219) 512-2584

    2 in this area

    64 Total Sales

    Section Image
  • Nancy Del Prado

    Seller's Agent in 2024

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    40 in this area

    398 Total Sales

    Section Image
  • Richard Tokarz

    Buyer's Agent in 2024

    Richard Tokarz

    Advanced Real Estate, LLC

    (219) 670-2501

    1 in this area

    130 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 814379

Northwest Indiana Association of REALTORS®

APN: 45-08-16-403-010.000-004

Indiana Lake County Gary 46407 Midtown

2545 Van Buren St, Gary, IN

This home is located at 2545 Van Buren St, Gary, IN 46407 since 30 December 2024 and is currently estimated at $75,293, approximately $67 per square foot. This property was built in 1943. 2545 Van Buren 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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