$120,000
SOLD OCT 30, 2024

3125 W Ridge Rd Gary, IN 46408

Ross Neighborhood
3 Beds
1 Bath
1,698 Sq Ft
0.68 Acres

Recently Sold

$71 Per Sq Ft

10% Below List Price

40 Days on Market

Highlights

  • 0.68 Acre Lot
  • Cottage
  • Country Kitchen
  • No HOA
  • 2 Car Detached Garage
  • Patio

About This Home

As of October 2024

Here is your chance to own a house on The Ridge!! This is actually 2 houses for the price of one. 3 bed 1 bath 1,698sqft Main House, with an approximate 1,100 sqft secondary building that once housed a Vet's office. The 2nd building has interior walls in place, and can be easily updated to a SF Home, or gutted and turned into an oversized garage - workshop.The possibilties are limited to your imagination. Live in one, and rent the other. Related living. At Home Business. Over sized garage. It sits on a GREAT .68 acre lot. Turn this into your own little piece of Paridice!!This an As-Is Short Sale, so the Seller will not be making any repairs. It's priced right, so you don't want to wait!

Last Agent to Sell the Property

Mark Keene

BS Realty Services Indiana LLC License #RB18001895 Listed on: 07/15/2024

Last Buyer's Agent

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1946

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 100 x 296
  • Partial crossed fence
  • Wood Fence
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Concrete Siding

Interior Spaces

  • 1,698 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Country Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • No Home Owners Association
  • Lohman Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-08-30-276-013.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,256

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1946
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Asphalt, Paved
  • Co List Office Mls Id: NRA2256
  • Subdivision Name: Lohman Oaks
  • Above Grade Finished Sq Ft: 1698
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Country Kitchen, Walk-In Closet(s), Kitchen Island, Laminate Counters, Eat-in Kitchen
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Fire Pit, Private Yard, Garden
  • Fencing: Back Yard, Partial, Wood, Partial Cross, Fenced
  • Acres: 0.682
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame, Concrete, Block, Asphalt
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Covered, Workshop in Garage, Shared Driveway, See Remarks, Gravel, Garage Faces Rear, Garage Door Opener, Enclosed, Detached

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: Central Air, Whole House Fan
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 100 x 296
  • Lot Size Sq Ft: 29708
  • Parcel #: 45-08-30-276-013.000-001

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Oct 26, 2024
Sold by
Dubose Fredric R
Bought by
Stroman Katilya
Seller's Agent
Mark Keene
BS Realty Services Indiana LLC
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$133,000
Sold Price
$120,000
Premium/Discount to List
-$13,000
-9.77%
Views
186
Current Estimated Value
$140,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,191
Avg. Annual Appreciation
28.26%
Original Mortgage
$84,000
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 12, 2022
Sold by
Lynn Hurd Penny and Lynn Richard Jon
Bought by
Dubose Fredric R
Seller's Agent
Lisa Heenan
New Chapter Real Estate
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.63%
Original Mortgage
$157,102
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2022
Sold by
John Hurd Tim
Bought by
Hurd Penny Lynn and Zubrenic Jon Richard
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- --
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $84,000 Credit Line Revolving
Previous Owner $157,102 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $120,000 -9.8% $71 / Sq Ft
07/18/2024 07/18/24 For Sale $133,000 -16.9% $78 / Sq Ft
09/15/2022 09/15/22 Sold $160,000 0.0% $93 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $160,000 -- $93 / 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 $6,185 $153,300 $17,300 $136,000
2023 $2,904 $145,200 $17,300 $127,900
2022 $1,256 $62,400 $15,800 $46,600
2021 $1,172 $58,200 $15,800 $42,400
2020 $1,172 $58,200 $15,800 $42,400
2019 $1,257 $58,200 $15,800 $42,400
2018 $1,756 $58,200 $15,800 $42,400
2017 $2,486 $83,100 $15,800 $67,300
2016 $2,691 $90,700 $15,800 $74,900
2014 $2,681 $91,600 $17,500 $74,100
2013 $2,508 $89,500 $17,500 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 807045

Northwest Indiana Association of REALTORS®

APN: 45-08-30-276-013.000-001