NOT LISTED FOR SALE

3242 W 40th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $154,000 - $205,000

5 Beds
2 Baths
2,100 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $69,900 $33 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,240/month

About This Home

Are you kidding me??? Duplex for the price of a single family home. Let your tenant pay your mortgage or extend your family to both sides. Each unit is 1,050 square feet with a full basement and sitting on .68+ acres. Huge back yard and front and priced below market value. Needs a bit of TLC but the potential is unbelievable. Located just off of Route #6 and easy access to I80. Schedule your appointment before someone else jumps on this one...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Se Cove Properties Llc
Bought by
Williams Angenee
Current Estimated Value
$178,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,462
Outstanding Balance
$153,724
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$24,976

Purchase Details

Listed on
Feb 21, 2018
Closed on
May 15, 2018
Sold by
Pfeiffer Jenny and Estate Of Carmella P Henton
Bought by
S E Cove Proerties Llc
Seller's Agent
Jason Harrigan
Listing Leaders
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$58,500
Interest Rate
4.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Williams Angenee -- None Listed On Document
S E Cove Proerties Llc -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Angenee $156,462
Previous Owner S E Cove Proerties Llc $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2018 05/15/18 Sold $69,900 0.0% $33 / Sq Ft View Prior Sale
03/17/2018 03/17/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $69,900 -- $33 / Sq Ft

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 $3,574 $89,900 $21,200 $68,700
2023 $1,696 $83,900 $21,200 $62,700
2022 $1,696 $84,400 $21,000 $63,400
2021 $1,583 $78,800 $21,000 $57,800
2020 $1,565 $77,900 $21,000 $56,900
2019 $1,737 $82,000 $20,000 $62,000
2018 $2,849 $96,300 $19,100 $77,200
2017 $1,482 $114,800 $19,100 $95,700
2016 $1,515 $117,000 $18,700 $98,300
2014 $1,026 $114,400 $19,100 $95,300
2013 $1,861 $151,300 $19,100 $132,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jason Harrigan

    Listing Leaders

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Map

Indiana Lake County Gary 46408 Ross

3242 W 40th Ave, Gary, IN

Not Listed for Sale

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