NOT LISTED FOR SALE

Estimated Value: $94,000 - $137,000

3 Beds
2 Baths
1,161 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 06, 2025

Last sale price $90,000 $78 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $714/month

70 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Carpet
  • 1-Story Property

About This Home

As of January 2025

Discover this 2005-built gem nestled in a convenient area in Gary close to the interstate. ! This 3-bedroom, 2-bathroom home is perfect for those seeking a property with potential. While it needs a little love, it's absolutely livable and offers a solid palette for your personal touches.The primary bedroom boasts its own private bathroom, ensuring comfort and convenience, while the additional full bathroom serves the other two bedrooms. Enjoy the versatility of a full unfinished basement, providing ample storage or the perfect canvas for your creative renovations.Included in this listing is an extra lot, giving you the space to enhance your outdoor living, gardening dreams or property expansion.This property is being sold as-is, making it an excellent opportunity for buyers with a vision. Cash or conventional financing only. Room sizes are approximate.

Last Agent to Sell the Property

Leslie Levy

@properties/Christie's Intl RE License #RB16000133 Listed on: 10/11/2024

@properties/Christie's Intl RE

Last Buyer's Agent

Melissa Yanez

Favela Real Estate, LLC License #RB14049226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 2005

Lot Details

  • 6,098 Sq Ft Lot

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Gas Dryer Hookup
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Riverview Land & Invs Cos 1St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450822308031000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,954

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup
  • ResoLotFeatures: Cleared
  • Road Frontage Type: City Street
  • Reso View: None
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Riverview Land & Invs Cos 1st
  • Above Grade Finished Sq Ft: 1161
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Eat-in Kitchen
  • Basement: Unfinished
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.14
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 6098 sq ft
  • Lot Size Sq Ft: 6098
  • Parcel #: 450822308031000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Jan 3, 2025
Sold by
Davis Jeanene E
Bought by
Favela Property Investments 2 Llc
Seller's Agent
Leslie Levy
@properties/Christie's Intl RE
Buyer's Agent
Melissa Yanez
Favela Real Estate, LLC
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%
Views
61
Current Estimated Value
$113,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,216
Avg. Annual Appreciation
60.62%
Original Mortgage
$110,000
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 26, 2014
Sold by
Allen Kimberly J and Redrock Lake Financial Llc
Bought by
Centier Bank

Purchase Details

Closed on
May 30, 2013
Sold by
Odell Barnes Llc
Bought by
Durpee Cathy

Purchase Details

Closed on
Nov 27, 2012
Sold by
Deutsche Bank National Trust Co
Bought by
Odell Barnes Llc

Purchase Details

Closed on
Sep 7, 2012
Sold by
Limon John Michael
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 9, 2005
Sold by
Glen Park Community Development Corp
Bought by
Limon John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,150
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Favela Property Investments 2 Llc -- Proper Title
Favela Property Investments 2 Llc -- Proper Title
Centier Bank -- --
Durpee Cathy -- Meridian Title Corp
Odell Barnes Llc -- None Available
Deutsche Bank National Trust Company $9,600 None Available
Limon John Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Property Investments 2 $135,000
Closed Favela Property Investments 2 Llc $110,000
Previous Owner Limon John Michael $86,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $90,000 -14.3% $78 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/26/2024 11/26/24 Price Changed $105,000 -4.5% $90 / Sq Ft
11/15/2024 11/15/24 Price Changed $110,000 -12.0% $95 / Sq Ft
10/11/2024 10/11/24 For Sale $125,000 -- $108 / 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 $6,833 $90,300 $6,900 $83,400
2023 $1,954 $77,500 $7,300 $70,200
2022 $2,029 $79,200 $3,600 $75,600
2021 $1,888 $73,700 $3,600 $70,100
2020 $1,891 $73,800 $3,600 $70,200
2019 $1,720 $74,800 $3,600 $71,200
2018 $1,744 $75,700 $3,600 $72,100
2017 $1,783 $77,600 $3,600 $74,000
2016 $1,853 $82,000 $3,600 $78,400
2014 $2,935 $126,300 $3,700 $122,600
2013 $2,779 $125,000 $3,800 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 811576

Northwest Indiana Association of REALTORS®

APN: 45-08-22-308-031.000-004