$20,000
SOLD APR 8, 2024

2545 Van Buren St Gary, IN 46407

Midtown Neighborhood
3 Beds
1 Bath
1,117 Sq Ft
6,055 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

9% Below List Price

120 Days on Market

About This Home

As of February 2025

3 bedroom ranch ready to rehab. Just 1.5 miles to IUN and 4 miles to Hard Rock Casino. Schedule your showing today.

Last Agent to Sell the Property

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 10/30/2023

Last Buyer's Agent

Richard Tokarz

Advanced Real Estate, LLC License #RB20000428

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $148

Year Built

  • Built in 1943

Lot Details

  • 6,055 Sq Ft Lot
  • Lot Dimensions are 50x121

Home Design

  • Fixer Upper

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas

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

$148

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1943
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level, Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA2306
  • Subdivision Name: Douglas Park Add
  • Above Grade Finished Sq Ft: 1117
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Flooring: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.139
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Natural Gas, None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50x121
  • Lot Size Sq Ft: 6055
  • Parcel #: 450816403010000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 148

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
-7.45%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Greater Indiana Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $20,000 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 New Conventional
Previous Owner $7,119 FHA
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

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 540907

Northwest Indiana Association of REALTORS®

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