NOT LISTED FOR SALE

2775 W 47th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $225,000 - $310,000

0.84 Acre
$302,044 Price per Acre
36,503 Sq Ft Lot

Sale Details

Date Sold: June 25, 2021

Last sale price $205,000 $121 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,524 / mo

12 Days on Market

About This Lot

As of June 2021

Rare opportunity in Cal Township! Take advantage of great investment opportunity which includes 2 adjoining lots w/ almost 2 acres of land! Lovely single family home which has been almost completely renovated is currently set up as a duplex w/ passive income & a current tenant. Occupy the owners unit and enjoy the income model or rent out both sides. Practically brand new custom 30X48 pole barn w/ 20 ft ceilings was added in 2019 and has more income potential or use it for your own warehouse! Home can be converted back to a single family home with ease. Check out aerial photos included and you'll see how special this property is. Enjoy the convenience of Northwest IN - but feel like you are out in the country with room to roam. Beautiful setting w/ mature trees provide privacy and serenity. Meticulously maintained & renovated w/ detail you see in custom builds! Rental unit is in mint condition. HURRY - don't wait on this one! Call your broker for private tour today.

Last Agent to Sell the Property

Julie Bapst

eXp Realty, LLC License #RB14050696 Listed on: 05/14/2021

eXp Realty, LLC

Property Details

Property Type

  • Land

Year Built

  • Built in 1954

Lot Details

  • 36,503 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • 1,689 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450832151010000001

Community Details

Overview

Amenities

  • Laundry Facilities

Property Details

Property Type

Land

Year Built

Built in 1954

Lot Details

0.84 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Acreage, Common Laundry, Pets Allowed
  • Co List Office Mls Id: GNR1709
  • Subdivision Name: None
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.838

Garage/Parking

  • Parking Features: None, Other

Lot Info

  • Lot Size Sq Ft: 36503
  • Parcel #: 450832151010000001

Multi Family

  • Number Of Units Total: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 24, 2021
Sold by
Bought by
Seller's Agent
Julie Bapst
eXp Realty, LLC
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$253,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,113
Avg. Annual Appreciation
4.26%
Original Mortgage
$209,715
Interest Rate
0.029%
Mortgage Type
VA

Purchase Details

Closed on
Sep 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$205,000 Fidelity National Title
-- None Available
-- Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $209,715
Previous Owner $112,500
Previous Owner $41,000
Previous Owner $56,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $205,000 0.0% $121 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $205,000 -- $121 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,876 $199,600 $25,800 $173,800
2024 $7,604 $189,200 $23,900 $165,300
2023 $1,754 $178,500 $23,900 $154,600
2022 $1,754 $176,700 $18,900 $157,800
2021 $1,175 $118,700 $18,900 $99,800
2020 $1,159 $117,100 $18,900 $98,200
2019 $1,224 $114,500 $18,000 $96,500
2018 $1,417 $101,500 $17,200 $84,300
2017 $1,372 $100,400 $17,200 $83,200
2016 $1,229 $97,900 $16,800 $81,100
2014 $982 $95,500 $17,100 $78,400
2013 $904 $94,700 $17,100 $77,600
Source: Public Records

Agents Affiliated with this Home

  • Julie Bapst

    Seller's Agent in 2021

    Julie Bapst

    eXp Realty, LLC

    (219) 384-2559

    2 in this area

    71 Total Sales

    Julie Bapst
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR493053

Northwest Indiana Association of REALTORS®

APN: 45-08-32-151-010.000-001

Indiana Lake County Gary 46408 Ross

2775 W 47th Ave, Gary, IN

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Northwest Indiana Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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