NOT LISTED FOR SALE

307 W 49th Ave Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $74,000 - $176,000

3 Beds
1 Bath
2,080 Sq Ft
$52/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $1,450 $1 Per Sq Ft

Est. 7,363% increase in value since last sale

Current estimated payment $682/month

16 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Living Room
  • Covered Patio or Porch
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of July 2023

FOR RENT! 3 bedrooms 1 bath home in Gary. Large primary bedroom located on the upper level and 2 bedrooms located on main level. Features updated kitchen, freshly painted walls and updated flooring. Unfinished basement with laundry area. Backyard is fenced in two 2 car detached garage and a storage shed. Schedule your showing today!Renter application form, last 2 W2's, bank statements, and copy of drivers license are requested. $50 fee for credit report per tenant. No pets.

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 06/05/2023

Last Buyer's Agent

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 06/05/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 45x125
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,080 Sq Ft Home
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Utilities

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

Community Details

  • Junedale Subdivision
  • Gross Lease

Listing and Financial Details

  • Assessor Parcel Number 450833426005000004

Home Details

Home Type

Single Family

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: Curbs, Nearly Level, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1136
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: Junedale
  • Architectural Style: Cape Cod
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • 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: None
  • Interior Amenities: Main Floor Bathroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Fence, Storage Shed
  • Acres: 0.129

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 45x125
  • Lot Size Sq Ft: 5619
  • Parcel #: 450833426005000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1798

Multi Family

  • Existing Lease Type: Gross

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
May 2, 2023
Sold by
Reig Gary 2 Llc
Bought by
Waters Christine Ann and Waters George William
Seller's Agent
Lakia Hasenjaeger
The Jaeger Group, LLC
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$82,200
Sold Price
$69,000
Premium/Discount to List
-$13,200
-16.06%
Current Estimated Value
$108,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,214
Avg. Annual Appreciation
20.53%
Original Mortgage
$55,200
Outstanding Balance
$53,673
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$54,541

Purchase Details

Listed on
Nov 16, 2022
Closed on
Apr 27, 2023
Sold by
Reig Gary 2 Llc
Bought by
Waters Christine Ann and Waters George William
Seller's Agent
Lakia Hasenjaeger
The Jaeger Group, LLC
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$82,200
Sold Price
$69,000
Premium/Discount to List
-$13,200
-16.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Outstanding Balance
$53,673
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$54,541

Purchase Details

Closed on
Aug 18, 2020
Sold by
Bailey Robert E and Bailey Terri L
Bought by
Reig Gary 2 Llc

Purchase Details

Closed on
Aug 14, 2020
Sold by
Bailey Robert E and Bailey Terril L
Bought by
Reig Gary 2 Llc

Purchase Details

Closed on
Jan 18, 2010
Sold by
Bailey Robert E
Bought by
Bailey Robert E and Bailey Terril L
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
Waters Christine Ann -- Meridian Title
Waters Christine Ann $69,000 Meridian Title
Reig Gary 2 Llc -- Indiana Title Network Co
Reig Gary 2 Llc -- Indiana Title Network
Bailey Robert E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Christine Ann $55,200
Closed Waters Christine Ann $55,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $1,450 -3.3% $1 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $1,500 -97.8% $1 / Sq Ft
05/02/2023 05/02/23 Sold $69,000 -16.1% $33 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
11/16/2022 11/16/22 For Sale $82,200 -- $40 / 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 $6,463 $78,400 $10,100 $68,300
2023 $1,799 $73,300 $10,100 $63,200
2022 $1,799 $70,200 $6,800 $63,400
2021 $1,673 $65,300 $6,800 $58,500
2020 $1,665 $65,000 $6,800 $58,200
2019 $1,409 $65,200 $6,900 $58,300
2018 $1,571 $68,900 $7,000 $61,900
2017 $1,696 $73,600 $7,000 $66,600
2016 $1,744 $76,900 $7,000 $69,900
2014 $1,889 $80,700 $8,300 $72,400
2013 $1,802 $80,200 $8,300 $71,900
Source: Public Records

Agents Affiliated with this Home

  • Jeff McCormick

    Seller's Agent in 2023

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    63 in this area

    711 Total Sales

    Jeff McCormick
    Section Image
  • Lakia Hasenjaeger

    Seller's Agent in 2023

    Lakia Hasenjaeger

    The Jaeger Group, LLC

    (219) 226-5202

    16 in this area

    127 Total Sales

    Lakia Hasenjaeger
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR531513

Northwest Indiana Association of REALTORS®

APN: 45-08-33-426-005.000-004

Indiana Lake County Gary 46408 Glen Park

307 W 49th Ave, Gary, IN

This home is located at 307 W 49th Ave, Gary, IN 46408 since 05 June 2023 and is currently estimated at $108,214, approximately $52 per square foot. This property was built in 1950. 307 W 49th Ave is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, 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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