NOT LISTED FOR SALE

3120 W 41st Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $96,000 - $119,000

2 Beds
1 Bath
871 Sq Ft
$124/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $83,000 $95 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $845/month

Highlights

  • Deck
  • Great Room
  • 1 Car Attached Garage
  • Ranch Style House
  • No HOA
  • Cedar Closet

About This Home

As of February 2023

Cute Cozy Cottage!!!! This 2 bedroom,1 bath ranch is perfect for someone who likes character and has a good eye for renovating. The sensible layout maximizes the 871 square feet with a spacious living room that opens into the kitchen. Both bedrooms contain original hardwood floors and distinctive cedar closets. The fenced yard with a deck off the back door compliments an attached garage with additional driveway parking. This gem is a great opportunity and with a little work and imagination this home could be the envy of all the neighbors. Also located conveniently close to major highways for commuters across Northwest Indiana and into Chicago.

Last Agent to Sell the Property

Ruza Jevtic

Realty Executives Premier License #RB20001601 Listed on: 01/17/2023

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • Built in 1955

Lot Details

  • 9,757 Sq Ft Lot
  • Lot Dimensions are 75 x 130
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Fixer Upper

Interior Spaces

  • 871 Sq Ft Home
  • Great Room
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 450830278025000001

Community Details

Overview

  • No Home Owners Association
  • Lohman Oaks Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1103
  • Co List Office Mls Id: GNR1103
  • Subdivision Name: Lohman Oaks
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Wood,Other
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: false
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Cedar Closet, Great Room, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Deck, Fence, Storage
  • Acres: 0.224

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Off Street, Side Drive

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 75 x 130
  • Lot Size Sq Ft: 9757
  • ResoLotSizeUnits: Acres
  • Parcel #: 450830278025000001
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2022
  • Tax Annual Amount: 630

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 24, 2023
Sold by
Jones Melissa A
Bought by
Thomas Chris A
Seller's Agent
Ruza Jevtic
Realty Executives Premier
List Price
$85,000
Sold Price
$83,000
Premium/Discount to List
-$2,000
-2.35%
Current Estimated Value
$108,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,211
Avg. Annual Appreciation
10.70%
Original Mortgage
$81,496
Outstanding Balance
$78,992
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$29,219

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 20, 2023
Sold by
Jones Melissa A
Bought by
Thomas Chris A
Seller's Agent
Ruza Jevtic
Realty Executives Premier
List Price
$85,000
Sold Price
$83,000
Premium/Discount to List
-$2,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,496
Outstanding Balance
$78,992
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$29,219

Purchase Details

Closed on
Dec 20, 2010
Sold by
Hsbc Mortgage Services Inc
Bought by
Jones Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,369
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2010
Sold by
Auclair Ii Robert E and Auclair Donella
Bought by
Hsbc Mortgage Services Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thomas Chris A -- None Listed On Document
Thomas Chris A $83,000 --
Jones Melissa A $43,500 None Available
Hsbc Mortgage Services Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Chris A $81,496
Closed Thomas Chris A $81,496
Previous Owner Jones Melissa A $42,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $83,000 -2.4% $95 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $85,000 -- $98 / 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 $3,246 $78,300 $12,600 $65,700
2023 $611 $76,200 $12,600 $63,600
2022 $611 $66,400 $12,400 $54,000
2021 $546 $62,100 $12,400 $49,700
2020 $499 $61,600 $12,400 $49,200
2019 $600 $60,800 $12,100 $48,700
2018 $599 $55,300 $11,400 $43,900
2017 $443 $40,300 $11,200 $29,100
2016 $409 $39,200 $10,500 $28,700
2014 $362 $46,900 $12,700 $34,200
2013 $330 $45,700 $12,700 $33,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR524948

Northwest Indiana Association of REALTORS®

APN: 45-08-30-278-025.000-001