NOT LISTED FOR SALE

3247 W 40th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $72,000 - $163,000

2 Beds
1 Bath
1,006 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $32,599 $32 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $834/month

25 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Bathroom on Main Level
  • Covered patio or porch
  • Living Room
  • Forced Air Heating System

About This Home

As of May 2018

2 Bedroom Ranch with Fenced Yard FOR SALE! The exterior of the home features a Covered Porch. The interior of the home features a Formal Dining Room, Main Floor Bedroom, and Main Floor Bathroom. Schedule a showing and submit an offer TODAY! ***This property is one of the FNMA 1st look properties. Seller will only entertain owner occupant offers for the 1st 21 days on the market.***

Last Agent to Sell the Property

John Sandridge

Eagle Pro Realty License #RB14026046 Listed on: 03/29/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $576

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Fenced

Home Design

  • Ranch Style House
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1,006 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Basement

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450830277010000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$576

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Co List Office Mls Id: GNR1663
  • Subdivision Name: N/A
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 1006
  • 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_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered, Fence
  • Acres: 0.258

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 75x150
  • Lot Size Sq Ft: 11238
  • Parcel #: 450830277010000001

Tax Info

  • Year: 2016
  • Tax Annual Amount: 576

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
May 23, 2018
Sold by
Olson Group Network Llc
Bought by
Wang Jian
Seller's Agent
John Sandridge
Eagle Pro Realty
List Price
$32,599
Sold Price
$32,599
Current Estimated Value
$112,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,166
Avg. Annual Appreciation
18.02%

Purchase Details

Listed on
Mar 29, 2018
Closed on
May 14, 2018
Sold by
Nrz Reo Vi B Llc
Bought by
Olson Group Network Llc
Seller's Agent
John Sandridge
Eagle Pro Realty
List Price
$32,599
Sold Price
$32,599

Purchase Details

Closed on
Feb 17, 2018
Sold by
Walsh Judy
Bought by
Nrz Reo Vi B Llc
Source: Public Records

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Range of Values:

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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
Wang Jian -- Indiana Title Network Co
Olson Group Network Llc $32,559 Vantage Point Title
Nrz Reo Vi B Llc -- Vantage Point Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jian $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $32,599 0.0% $32 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $32,599 -- $32 / 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 $2,509 $60,400 $14,300 $46,100
2023 $1,210 $58,900 $14,300 $44,600
2022 $1,210 $60,500 $14,100 $46,400
2021 $1,130 $56,500 $14,100 $42,400
2020 $1,122 $56,100 $14,100 $42,000
2019 $1,191 $55,300 $13,700 $41,600
2018 $645 $66,500 $13,000 $53,500
2017 $625 $65,600 $12,700 $52,900
2016 $576 $64,200 $12,000 $52,200
2014 $484 $68,700 $14,400 $54,300
2013 $437 $66,600 $14,400 $52,200
Source: Public Records

Agents Affiliated with this Home

  • John Sandridge

    Seller's Agent in 2018

    John Sandridge

    Eagle Pro Realty

    (219) 712-7271

    6 in this area

    136 Total Sales

    John Sandridge
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR431742

Northwest Indiana Association of REALTORS®

APN: 45-08-30-277-010.000-001

Indiana Lake County Gary 46408 Ross

3247 W 40th Ave, Gary, IN

This home is located at 3247 W 40th Ave, Gary, IN 46408 since 29 March 2018 and is currently estimated at $112,765, approximately $112 per square foot. This property was built in 1952. 3247 W 40th Ave is a home located in Lake County with nearby schools including Calumet High School, Steel City Academy, and Ambassador 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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