NOT LISTED FOR SALE

2737 W 42nd Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $103,000 - $151,000

3 Beds
1 Bath
1,054 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $89,900 $85 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $802/month

115 Days on Market

Highlights

  • 0.65 Acre Lot
  • 2 Car Attached Garage
  • Patio
  • Ranch Style House
  • Cooling Available
  • Living Room

About This Home

As of May 2022

Spacious, clean and with renovations throughout. Don't miss this three bedroom ranch with an all seasons room that sits comfortably off the kitchen and could be used as a dining room, office or just another living space. The home features new flooring, and many more updates and improvements including fully renovated bathroom with great attention to craftsmanship and detail. The home sits in a quiet neighborhood, on a large lot with plenty of mature landscaping and room for some great outdoor living space. New roof, under 1 year old, low taxes.

Last Agent to Sell the Property

Jessica Vale

Realty Executives Premier License #RB14045097 Listed on: 11/01/2021

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $361

Year Built

  • Built in 1950

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 362x78

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • Living Room
  • Laundry on main level

Kitchen

  • Portable Gas Range
  • <<microwave>>

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • Lohmans Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450829303013000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$361

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Other
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1103
  • Subdivision Name: Lohmans Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Patio
  • Acres: 0.648

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 362x78
  • Lot Size Sq Ft: 28227
  • Parcel #: 450829303013000001

Tax Info

  • Year: 2020
  • Tax Annual Amount: 361

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
May 26, 2022
Sold by
Robert Cagle
Bought by
Smith Shay and Smith Jonathan Greg
Seller's Agent
Jessica Vale
Realty Executives Premier
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$123,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,123
Avg. Annual Appreciation
9.29%
Original Mortgage
$88,271
Outstanding Balance
$84,471
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$34,768

Purchase Details

Listed on
Nov 1, 2021
Closed on
May 12, 2022
Sold by
Robert Cagle
Bought by
Smith Shay and Smith Jonathan Greg
Seller's Agent
Jessica Vale
Realty Executives Premier
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,271
Outstanding Balance
$84,471
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$34,768

Purchase Details

Closed on
Sep 5, 2014
Sold by
Buncich John
Bought by
Phh Mortgage Corp

Purchase Details

Closed on
Mar 28, 2008
Sold by
Hartgraves Cecelia
Bought by
Otero Eliseo
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
Smith Shay -- Greater Indiana Title Company
Smith Shay -- Greater Indiana Title Company
Phh Mortgage Corp $67,735 None Available
Otero Eliseo $9,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Shay $88,271
Closed Smith Shay $88,271
Previous Owner Cagle Robert $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $89,900 0.0% $85 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
11/01/2021 11/01/21 For Sale $89,900 +349.5% $85 / Sq Ft
02/11/2015 02/11/15 Sold $20,000 0.0% $19 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $20,000 -- $19 / 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 $3,796 $91,600 $17,600 $74,000
2023 $549 $89,100 $17,600 $71,500
2022 $549 $65,500 $17,400 $48,100
2021 $513 $64,100 $17,400 $46,700
2020 $361 $52,300 $17,400 $34,900
2019 $459 $51,500 $16,900 $34,600
2018 $572 $47,100 $16,000 $31,100
2017 $434 $46,500 $15,700 $30,800
2016 $399 $45,200 $14,800 $30,400
2014 $429 $62,200 $17,800 $44,400
2013 $388 $60,500 $17,800 $42,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jessica Vale

    Realty Executives

    Section Image

  • G

    Seller's Agent in 2015

    Gregory Myricks

    McColly Real Estate

    (219) 201-5712

    2 in this area

    27 Total Sales

    Gregory Myricks
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR503522

Northwest Indiana Association of REALTORS®

APN: 45-08-29-303-013.000-001

Indiana Lake County Gary 46408 Ross

2737 W 42nd Ave, Gary, IN

This home is located at 2737 W 42nd Ave, Gary, IN 46408 since 01 November 2021 and is currently estimated at $123,023, approximately $116 per square foot. This property was built in 1950. 2737 W 42nd Ave is a home located in Lake County with nearby schools including Calumet High School, Steel City Academy, and Ambassador 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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