NOT LISTED FOR SALE

2833 W 40th Place Gary, IN 46408

Ross Neighborhood

Estimated Value: $163,000 - $202,000

2 Beds
2 Baths
1,668 Sq Ft
$114/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $172,000 $103 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,202/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • 2.5 Car Detached Garage
  • Recreation Room
  • Den
  • Country Kitchen

About This Home

As of October 2022

You'll want to check out this cute cape cod! As your approach the home, you will notice the comfy porch with a swing for enjoying the outdoors. The large driveway will take you to your insulated and heated garage, that sits next to a second building with PLENTY of storage. Garage has a hoist which is perfect for a car enthusiast. Garage and bonus building have front and rear doors. You will appreciate the large fenced in backyard. Enter the home and take sight of the high ceiling and unique layout. Nice eat-in kitchen includes all appliances. Primary main level bedroom has a private bath with a jacuzzi tub. Large loft area has a closet and can be 2nd bedroom. Basement has two rooms allowing potential additional bedrooms, work-out room, a rec room or office. Furnace and Central air are new!(10 yr warranty). Great Calumet Township location with easy access to everything! Seller is willing to credit $5,000 towards buyers closing costs!

Last Agent to Sell the Property

Jalan Wright

Lighthouse Realty, LLC License #RB19000892 Listed on: 08/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 1940

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 50x140
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,668 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Den
  • Recreation Room
  • Basement

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool Equipment or Cover
  • Enclosed Patio or Porch
  • Shed
  • Storage Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Beverly Higghlands Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450829154012000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,051

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: Cable TV Hookup, Garage Furnace, Pool Equipment
  • Co List Office Mls Id: GNR970
  • Co List Office Mls Id: GNR970
  • Subdivision Name: Beverly Higghlands
  • Architectural Style: Cape Cod, Two Story
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 661
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: Country Kitchen, Den/Office, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Enclosed, Storage, Storage Shed, Tool Shed
  • Acres: 0.324

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener, Heated

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50x140
  • Lot Size Sq Ft: 14113
  • Parcel #: 450829154012000001

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1051

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 25, 2022
Sold by
Addington Shawn
Bought by
Cabello Juan
Seller's Agent
Jalan Wright
Lighthouse Realty, LLC
List Price
$172,000
Sold Price
$172,000
Current Estimated Value
$190,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,543
Avg. Annual Appreciation
3.52%
Original Mortgage
$178,192
Outstanding Balance
$171,659
Interest Rate
6.02%
Mortgage Type
VA
Estimated Equity
$18,884

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 17, 2022
Sold by
Addington Shawn
Bought by
Cabello Juan
Seller's Agent
Jalan Wright
Lighthouse Realty, LLC
List Price
$172,000
Sold Price
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,192
Outstanding Balance
$171,659
Interest Rate
6.02%
Mortgage Type
VA
Estimated Equity
$18,884

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 9, 2018
Sold by
Kerwin Brandon S
Bought by
Addington Shawn
Seller's Agent
Nathan Banga
Banga Realty, LLC
List Price
$95,500
Sold Price
$95,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.15%
Original Mortgage
$93,769
Interest Rate
4.7%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 15, 2016
Closed on
Dec 16, 2016
Sold by
Dickerson Ii Kevin L and Dickerson Christine
Bought by
Kerwin Brandon S
Seller's Agent
Timothy Galambos
Springer Real Estate Company
List Price
$79,500
Sold Price
$79,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$78,059
Interest Rate
3.57%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Cabello Juan -- Acuity Title
Cabello Juan -- Acuity Title
Addington Shawn -- Meridian Title Corp
Kerwin Brandon S -- Chicago Title Insurance Co
Dickerson Ii Kevin L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabello Juan $178,192
Closed Cabello Juan $178,192
Previous Owner Addington Shawn $93,769
Previous Owner Kerwin Brandon S $78,059
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $172,000 0.0% $103 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $172,000 +80.1% $103 / Sq Ft
11/11/2018 11/11/18 Sold $95,500 0.0% $57 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $95,500 +20.1% $57 / Sq Ft
12/16/2016 12/16/16 Sold $79,500 0.0% $48 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
10/15/2016 10/15/16 For Sale $79,500 -- $48 / 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 $5,725 $138,100 $9,200 $128,900
2023 $2,688 $134,400 $9,200 $125,200
2022 $1,063 $89,500 $9,100 $80,400
2021 $882 $82,400 $9,100 $73,300
2020 $836 $82,200 $9,100 $73,100
2019 $728 $77,100 $8,800 $68,300
2018 $626 $64,700 $8,400 $56,300
2017 $609 $64,000 $8,200 $55,800
2016 $505 $56,600 $7,700 $48,900
2014 $431 $62,400 $9,300 $53,100
2013 $388 $60,400 $9,300 $51,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jalan Wright

    Lighthouse Realty, LLC

    Section Image
  • Nathan Banga

    Seller's Agent in 2018

    Nathan Banga

    Banga Realty, LLC

    (219) 688-0129

    1 in this area

    147 Total Sales

    Nathan Banga
    Section Image
  • Timothy Galambos

    Seller's Agent in 2016

    Timothy Galambos

    Springer Real Estate Company

    (219) 838-0180

    1 in this area

    150 Total Sales

    Timothy Galambos
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR518210

Northwest Indiana Association of REALTORS®

APN: 45-08-29-154-012.000-001

Indiana Lake County Gary 46408 Ross

2833 W 40th Place, Gary, IN

This home is located at 2833 W 40th Place, Gary, IN 46408 since 17 August 2022 and is currently estimated at $190,543, approximately $114 per square foot. This property was built in 1940. 2833 W 40th Place is a home located in Lake County with nearby schools including Calumet High School, Steel City Academy, and Higher Institute of Arts and Technology.

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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