NOT LISTED FOR SALE

328 W Ridge Rd Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $72,000 - $105,000

2 Beds
2 Baths
1,426 Sq Ft
4,008 Sq Ft Lot

Last Sold October 21, 2024

Last sale price $8,000 $6 Per Sq Ft

Est. 928% increase in value since last sale

Current estimated payment $545/month

128 Days on Market

About This Home

As of October 2024

LOTS OF OPPORTUNITY! This unique property has a structure that is currently set up as 2 - 1 bedroom units with a full basement. There is also a secondary 2-story structure at the back of the property. Zoning map shows zoning is B2 - General Retail. Easy access to expressway and close to IUN. Schedule your showing today!THERE MAY BE RISK IN ENTERING HOME. ALL PERSONS ENTERING THE PROPERTY, VOLUNTARILY AND WILLINGLY ASSUME RISKS ASSOCIATED WITH INSPECTION OF THE PROPERTY AND ACKNOWLEDGE THAT SELLER AND THEIR BROKER SHALL NOT BEAR ANY RESPONSIBILITY , FINANCIAL OR OTHERWISE, FOR ANY LOSS, DAMAGES, INJURY OR INCONVENIENCE SUSTAINED BY PERSONS ENTERING THE PROPERTY, RELATED OR IN CONJUNCTION WITH THE INSPECTION OF THE PROPERTY OR ARISING OUT OF THE CONDITION OF THE PROPERTY.

Last Agent to Sell the Property

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 05/31/2024

Last Buyer's Agent

Debra Hull

Brokerworks Group License #RB23000950

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • 4,008

Home Design

  • Fixer Upper

Interior Spaces

  • 1,426 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • 2 Units
  • Jackson Park South Broadway Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-08-28-226-028.000-004

Property Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1923
  • Reso Property Sub Type: Apartment
  • ResoLotFeatures: Other
  • Co List Office Mls Id: NRA2306
  • Subdivision Name: Jackson Park South Broadway Add
  • Above Grade Finished Sq Ft: 1426
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: See Remarks
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: None
  • Interior Amenities: See Remarks
  • Basement: Other
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.092

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4007.52
  • Parcel #: 45-08-28-226-028.000-004

Rental Info

  • Owner Pays: None

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1323

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Oct 17, 2024
Sold by
Vri Gary Ii Llc
Bought by
Mata Miguel
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Debra Hull
Brokerworks Group
List Price
$25,000
Sold Price
$8,000
Premium/Discount to List
-$17,000
-68%
Views
168
Current Estimated Value
$82,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,260
Avg. Annual Appreciation
731.94%

Purchase Details

Closed on
Jan 4, 2023
Sold by
Indiana Land Trust
Bought by
Vri Gary Ii Llc

Purchase Details

Closed on
Oct 21, 2014
Sold by
Kerusso Real Estate Llc
Bought by
Lake County Trust Co U T 6139

Purchase Details

Closed on
Dec 8, 2006
Sold by
Hud
Bought by
Kerusso Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2006
Sold by
Washington Mutual Bank Fa
Bought by
Hud

Purchase Details

Closed on
Aug 5, 2005
Sold by
Martinez Michael
Bought by
Washington Mutual Bank Fa and Homeside Lending Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mata Miguel -- Greater Indiana Title Company
Vri Gary Ii Llc -- Meridian Title
Lake County Trust Co U T 6139 $300 None Available
Kerusso Real Estate Llc -- Meridian Title Corp
Hud -- None Available
Washington Mutual Bank Fa $45,445 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerusso Real Estate Llc $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $8,000 -19.9% $6 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/21/2024 09/21/24 Price Changed $9,990 -16.8% $7 / Sq Ft
08/22/2024 08/22/24 Price Changed $12,000 -20.0% $8 / Sq Ft
08/20/2024 08/20/24 Price Changed $15,000 -16.2% $11 / Sq Ft
07/18/2024 07/18/24 Price Changed $17,900 -10.1% $13 / Sq Ft
06/25/2024 06/25/24 Price Changed $19,900 -20.4% $14 / Sq Ft
05/31/2024 05/31/24 For Sale $25,000 -- $18 / 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 $1,323 $16,100 $5,000 $11,100
2023 $378 $15,000 $4,700 $10,300
2022 $1,363 $53,200 $3,600 $49,600
2021 $1,263 $49,300 $3,600 $45,700
2020 $1,263 $49,300 $3,600 $45,700
2019 $1,091 $49,300 $3,600 $45,700
2018 $1,151 $49,300 $3,600 $45,700
2017 $1,076 $44,900 $3,600 $41,300
2016 $1,105 $46,900 $3,600 $43,300
2014 $1,133 $48,400 $3,900 $44,500
2013 $1,058 $47,100 $3,900 $43,200
Source: Public Records

Agents Affiliated with this Home

  • Nancy Del Prado

    Seller's Agent in 2024

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    97 in this area

    370 Total Sales

    Nancy Del Prado
    Section Image
  • Debra Hull

    Buyer's Agent in 2024

    Debra Hull

    Brokerworks Group

    (708) 879-1563

    2 in this area

    23 Total Sales

    Debra Hull
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 804575

Northwest Indiana Association of REALTORS®

APN: 45-08-28-226-028.000-004

Indiana Lake County Gary 46408 Glen Park

328 W Ridge Rd, Gary, IN

Not Listed for Sale

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