NOT LISTED FOR SALE

3315 W 40th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $175,000 - $183,394

3 Beds
1.5 Baths
1,244 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $140,000 $113 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,165/month

53 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • 1-Story Property
  • No HOA
  • 1 Car Attached Garage
  • Outdoor Storage

About This Home

As of December 2021

Seller has given buyer 4 extensions--make offer! Room for the entire family in this 2,000 sq ft rancher with full basement and attached garage. Living room is carpeted but has hardwood floors underneath, some hard wood exposed throughout, good sized country kitchen with appliances, large dining room with 9 x 9 screened sitting porch off dining, great views of large fenced rear yard with storage shed, pleasant office or den between kitchen and attached garage, 3 bedrooms and full bath on main, plus a shower in the basement. Basement is open concept and has a sitting/living room area and pool table, plus storage room, and ldy room with washer - 7 yrs and dryer, roof - 2008, and hvac (furnace and a/c) 7 years, gdo and overhead door new, septic pumped - 1 yr, extra deep well, newly paved streets, Longfellow Elementary, Calumet New Tech High school. Owner says quiet neighborhood with friendly neighbors.

Last Listed By

Tina Douglass

McColly Real Estate License #RB14048605 Listed on: 07/26/2021

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Fenced

Parking

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

Interior Spaces

  • 1,244 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Longfellow Elementary School
  • Calumet New Tech High School

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 450830277009000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Lohman Oaks
  • Above Grade Finished Sq Ft: 1244
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Carpet, Hardwood, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other, Storage
  • Fencing: Fenced
  • Acres: 0.258
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Porch, Screened

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 150
  • Lot Size Sq Ft: 11238
  • Parcel #: 450830277009000001

Tax Info

  • Year: 2020
  • Tax Annual Amount: 897

MLS Schools

  • HighSchool: Calumet New Tech High School
  • Elementary School: Longfellow Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Oct 26, 2021
Sold by
Caldwell Jeanine
Bought by
Moreno Juan Joaquin Reyes
Seller's Agent
Tina Douglass
McColly Real Estate
Buyer's Agent
Maria Becerra
McColly Real Estate
List Price
$140,000
Sold Price
$140,000
Total Days on Market
53
Current Estimated Value
$178,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,099
Avg. Annual Appreciation
6.68%
Original Mortgage
$137,464
Interest Rate
3.14%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 21, 2020
Sold by
Stinar Clare A and Stinar Joan Charlotte
Bought by
Caldwell Jeanine
Seller's Agent
David Barrick
Coldwell Banker Real Estate Gr
Buyer's Agent
Rhonda Strouble
Evers Realty Group
List Price
$107,500
Sold Price
$107,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%

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

Similar Homes in Gary, IN

  • 2537 Van Buren Place, Gary, IN 46407

    $144,900

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 2537 Van Buren Place
    • Gary, IN

    Fully renovated 3-bedroom, 2-bath home, ready for you to move in! This is a fantastic opportunity to own your own home, conveniently located just minutes from expressway access and only 5 minutes from the Hard Rock Casino. Don't miss out on this ideal combination of comfort and location!

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 2055 Roosevelt St, Gary, IN 46404

    $215,000

    • 4 Beds
    • 2.5 Baths
    • 1,824 Sq Ft
    • 2055 Roosevelt St
    • Gary, IN

    Welcome to this beautifully renovated bungalow! This delightful home features 4 bedrooms and 2.25 baths. Step into the bright and inviting open-concept living and dining area, highlighted by refinished hardwood floors and an abundance of natural light. The stylish eat-in kitchen boasts sleek gray cabinets, a designer backsplash, quartz countertops, and stainless steel appliances. The main floor

    Jessica Lee Keller Williams Preferred Real

    Section Image
  • 2046 Roosevelt St, Gary, IN 46404

    $149,999

    • 3 Beds
    • 1 Bath
    • 864 Sq Ft
    • 2046 Roosevelt St
    • Gary, IN

    Welcome to this beautifully renovated single-level ranch home featuring three bedrooms and one full bath, conveniently located just minutes from the 80/94 Expressway. Step into the open-concept living area with recessed lighting, gray vinyl plank flooring, and abundant natural light create a warm and inviting atmosphere. The eat-in kitchen showcases modern gray cabinets, quartz countertops, a

    Jessica Lee Keller Williams Preferred Real

    Section Image
  • 5066 Pennsylvania St, Gary, IN 46409

    $197,000

    • 3 Beds
    • 2 Baths
    • 1,560 Sq Ft
    • 5066 Pennsylvania St
    • Gary, IN

    Step into this stunningly renovated ranch-style home, where modern elegance meets functional design. The spacious living and dining areas are adorned with engineered hardwood floors and sleek new lighting, creating a perfect ambiance for relaxation, Super Bowl parties, or Family gatherings. At the heart of the home lies a newly designed, modern open-style kitchen and dining area, seamlessly

    Justin Hanuscin Listing Leaders

    Section Image
  • 1221 E 41st Ave, Gary, IN 46409

    $210,000

    • 3 Beds
    • 2 Baths
    • 1,466 Sq Ft
    • 1221 E 41st Ave
    • Gary, IN

    This newly renovated 3 bedroom 1.75 bath ranch is seeking new owners to call it their own beautiful home! New stainless fridge, stove & microwave will be provided at closing! JUST INSTALLED - wood privacy fence & ADT paid for ONE YEAR!Everything throughout the home is new - including: Roof, Siding, Windows, Hardwood Flooring throughout the entryway, living room and bedrooms, ceramic tile in

    Michelle Zupan Key Realty Indiana, LLC

    Section Image
  • 1136 Matthews St, Gary, IN 46406

    $188,000

    • 3 Beds
    • 2 Baths
    • 1,544 Sq Ft
    • 1136 Matthews St
    • Gary, IN

    Welcome to this beautifully renovated ranch-style masterpiece, where modern design meets comfort and functionality. This stunning home offers 3 spacious bedrooms and 2 full bathrooms, and has been completely updated inside and out--including a brand new roof, windows, and sidewalk for enhanced curb appeal.Step inside to discover an open-concept layout that perfectly blends contemporary style with

    Justin Hanuscin Listing Leaders

    Section Image
  • 432 Jefferson St, Gary, IN 46402

    $149,900

    • 8 Beds
    • 2.5 Baths
    • 2,562 Sq Ft
    • 432 Jefferson St
    • Gary, IN

    Check Out This Amazing 8 Bedroom, 3 Bathroom, Move in Ready Home with Full Basement, Fenced Yard and 2.5 Car Garage. This Spacious Home Includes Formal Dining Room, Enclosed Front Porch, Enclosed Rear Porch, Updated Kitchen with Appliances and Two Updated Bathrooms. This Home is Located on a Double Lot Close in Proximity to the Gary Public Library, South Shore Train Station, Public

    Gerrit Ross Coldwell Banker Realty

    Section Image
  • 1141 Arizona St, Gary, IN 46403

    $199,000

    • 4 Beds
    • 2 Baths
    • 1,884 Sq Ft
    • 1141 Arizona St
    • Gary, IN

    Welcome to your beautifully renovated ranch-style home -- where modern comfort meets timeless charm!This thoughtfully updated 4-bedroom, 2-bathroom home is designed for both functionality and style, offering the perfect blend of open living space and private comfort.As you arrive, you'll notice the extended driveway and ample rear parking -- ideal for hosting guests or accommodating a busy

    Justin Hanuscin Listing Leaders

    Section Image
  • 3791 Chase St, Gary, IN 46408

    $159,900

    • 3 Beds
    • 1 Bath
    • 1,160 Sq Ft
    • 3791 Chase St
    • Gary, IN

    Newly Remodled in 2023. New bedroom and kitchen. New electrical panel, new plumbing , new water line, new gas line and water heater. Make this flip into your new home or keep the current tenant and have some passive income.

    Nicholas Harmon Listing Leaders

    Section Image

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
Moreno Juan Joaquin Reyes -- Community Title Company
Caldwell Jeanine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Juan Joaquin Reyes $137,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $140,000 0.0% $113 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $140,000 +30.2% $113 / Sq Ft
08/24/2020 08/24/20 Sold $107,500 0.0% $86 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $107,500 -- $86 / 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 $5,938 $143,700 $14,300 $129,400
2023 $1,394 $139,400 $14,300 $125,100
2022 $1,387 $138,700 $14,100 $124,600
2021 $1,013 $105,700 $14,100 $91,600
2020 $897 $89,700 $14,100 $75,600
2019 $971 $88,600 $13,700 $74,900
2018 $987 $80,400 $13,000 $67,400
2017 $941 $79,300 $12,700 $66,600
2016 $850 $77,800 $12,000 $65,800
2014 $895 $87,300 $14,400 $72,900
2013 $783 $84,500 $14,400 $70,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 497496

Northwest Indiana Association of REALTORS®

APN: 45-08-30-277-009.000-001