NOT LISTED FOR SALE

3500 Carolina St Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $70,000 - $126,223

4 Beds
2 Baths
1,644 Sq Ft
$57/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $14,000 $9 Per Sq Ft

Est. 570% increase in value since last sale

Current estimated payment $614/month

107 Days on Market

About This Home

As of February 2015

Sunny 2 unit in Gary! Each unit with 2 bedrooms and 1 bath, living room and large eat in kitchen. Full basement and each unit individually heated, too. Easy access to Broadway and Ridge Road THIS IS A FANNIE MAE HOMEPATH PROPERTY.

Last Listed By

Michele O'Connor

RE/MAX 10 Schererville License #RB14048805 Listed on: 11/03/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,279

Year Built

  • Built in 1938

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125

Interior Spaces

  • 1,644 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450822378016000004

Community Details

Overview

  • 2 Units
  • Schug Park Subdivision

Building Details

  • New Taxes Expense $1,483

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,279

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1938
  • Co List Office Mls Id: NRA2197
  • Subdivision Name: schug park
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.143
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450822378016000004

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 1483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
Ace Property Acquisitions Llc
Bought by
3500 Carolina Drive Llc
Total Days on Market
107
Current Estimated Value
$93,806

Purchase Details

Closed on
Jan 2, 2023
Sold by
Mw Capital Llc
Bought by
Ace Property Acquisitions Llc

Purchase Details

Closed on
Dec 29, 2022
Sold by
M & R Investing Llc
Bought by
Mw Capital Llc

Purchase Details

Closed on
Jul 27, 2021
Sold by
Heflin Properties
Bought by
M & R Investing Llc

Purchase Details

Listed on
Nov 3, 2014
Closed on
Feb 4, 2015
Sold by
Fannie Maeak
Bought by
Heflin Properties Llc
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Jorrdan Orr
McColly Real Estate
List Price
$14,000
Sold Price
$14,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
Jul 11, 2014
Sold by
Goldman Helen C and Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

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
3500 Carolina Drive Llc $55,000 Chicago Title
Ace Property Acquisitions Llc $55,000 Chicago Title
Mw Capital Llc $112,500 Chicago Title
M & R Investing Llc -- None Available
Heflin Properties Llc $14,000 Indiana Title Network Co
Fannie Mae -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3500 Carolina Drive Llc $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $14,000 0.0% $9 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $14,000 -- $9 / 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 $8,279 $101,500 $6,900 $94,600
2023 $1,237 $93,900 $7,400 $86,500
2022 $1,237 $48,300 $3,600 $44,700
2021 $1,138 $44,400 $3,600 $40,800
2020 $1,127 $44,000 $3,600 $40,400
2019 $985 $44,000 $3,600 $40,400
2018 $1,039 $44,000 $3,600 $40,400
2017 $1,069 $44,600 $3,600 $41,000
2016 $1,098 $46,600 $3,600 $43,000
2014 $1,577 $67,400 $3,800 $63,600
2013 $1,483 $66,000 $3,800 $62,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michele O'Connor

    RE/MAX

  • Jorrdan Orr

    Buyer's Agent in 2015

    Jorrdan Orr

    McColly Real Estate

    (219) 267-0677

    4 in this area

    161 Total Sales

    Jorrdan Orr
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 361300

Northwest Indiana Association of REALTORS®

APN: 45-08-22-378-016.000-004

Indiana Lake County Gary 46409 Glen Park

3500 Carolina St, Gary, IN

Homes for Sale in Gary, IN

This home is located at 3500 Carolina St, Gary, IN 46409 since 03 November 2014 and is currently estimated at $93,806, approximately $57 per square foot. This property was built in 1938. 3500 Carolina St is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, and West Side Leadership 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.