NOT LISTED FOR SALE

3716 W 48th Place Gary, IN 46408

Ross Neighborhood

Estimated Value: $115,000 - $128,999

2 Beds
1 Bath
651 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $114,900 $176 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $837/month

5 Days on Market

Highlights

  • Views of Trees
  • 2 Car Detached Garage
  • Rear Porch
  • No HOA
  • Country Kitchen
  • Double Pane Windows

About This Home

As of April 2024

Looking to add an investment property to your rental portfolio? Downsizing? Just starting off? This is a perfect home for you. This home has been updated and well maintained over the years. You can move right in! Lots of natural light, Luxury vinyl plank flooring, updated kitchen and bathroom, fenced backyard, gardeners delight front yard with lots of perennials that are getting ready to bloom! Quiet street and convenient location. Come and take a look today!

Last Agent to Sell the Property

Rebecca Olson

Listing Leaders Affiliated License #RB18001745 Listed on: 02/29/2024

Listing Leaders Affiliated

Last Buyer's Agent

Jessica Ivin

Better Homes and Gardens Real License #RB18001005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Back Yard Fenced
  • Landscaped

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 651 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Views of Trees
  • Laundry in Basement
  • Country Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Screened Patio
  • Rear Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Well
  • Water Softener Leased

Community Details

  • No Home Owners Association
  • Town/Ross Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-08-31-255-015.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Back Yard, Front Yard, Landscaped, Many Trees
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA2191
  • Subdivision Name: Town/Ross
  • Above Grade Finished Sq Ft: 651
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: None
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Blinds, Double Pane Windows
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Gas Oven, Free-Standing Refrigerator, Water Softener Rented
  • Interior Amenities: Country Kitchen, Laminate Counters, Storage
  • Basement: Unfinished
  • Flooring: Luxury Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard
  • Fencing: Back Yard
  • Acres: 0.138
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Screened
  • Reso Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Driveway

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Dimensions: 50x120
  • Lot Size Sq Ft: 6011
  • Parcel #: 45-08-31-255-015.000-001

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 9, 2024
Sold by
Smss1 Indiana Llc and Mishra Sanjeeb Kumar
Bought by
Engels Jacob A
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Jessica Ivin
Better Homes and Gardens Real
List Price
$114,900
Sold Price
$114,900
Views
62
Current Estimated Value
$120,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,850
Avg. Annual Appreciation
3.48%
Original Mortgage
$111,453
Outstanding Balance
$109,807
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$10,943

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 4, 2024
Sold by
Smss1 Indiana Llc and Mishra Sanjeeb Kumar
Bought by
Engels Jacob A
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Jessica Ivin
Better Homes and Gardens Real
List Price
$114,900
Sold Price
$114,900
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,453
Outstanding Balance
$109,807
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$10,943

Purchase Details

Closed on
Dec 21, 2021
Sold by
Smss3 Indiana Llc
Bought by
Smss1 Indiana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2021
Sold by
Smss3 Indiana Llc
Bought by
Smss1 Indiana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2020
Sold by
Olson Group Netwrk Llc
Bought by
Smss53 Indiana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,425
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2019
Sold by
Ristevski Aleksandar
Bought by
Olson Group Network Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 29, 2019
Sold by
Majeski Charles J and Majeski Glenda M
Bought by
Ristevski Aleksandar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Engels Jacob A -- None Listed On Document
Engels Jacob A $114,900 None Listed On Document
Smss1 Indiana Llc -- None Listed On Document
Smss1 Indiana Llc -- None Available
Smss53 Indiana Llc -- Indiana Title Network Co
Olson Group Network Llc -- Indiana Title Network Co
Ristevski Aleksandar -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engels Jacob A $111,453
Closed Engels Jacob A $111,453
Previous Owner Smss1 Indiana Llc $56,000
Previous Owner Smss1 Indiana Llc $278,400
Previous Owner Smss53 Indiana Llc $124,425
Previous Owner Olson Group Network Llc $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $114,900 0.0% $176 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $114,900 -- $176 / 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 $2,394 $83,200 $9,300 $73,900
2023 $1,162 $56,200 $9,300 $46,900
2022 $1,162 $57,500 $9,100 $48,400
2021 $1,079 $53,400 $9,100 $44,300
2020 $785 $38,700 $9,100 $29,600
2019 $519 $43,900 $8,700 $35,200
2018 $507 $38,900 $8,300 $30,600
2017 $484 $38,300 $8,300 $30,000
2016 $463 $38,800 $8,100 $30,700
2014 $323 $36,700 $8,300 $28,400
2013 $209 $36,400 $8,300 $28,100
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Olson

    Seller's Agent in 2024

    Rebecca Olson

    Listing Leaders Affiliated

    (219) 384-7957

    11 in this area

    212 Total Sales

    Rebecca Olson
    Section Image
  • Jessica Ivin

    Buyer's Agent in 2024

    Jessica Ivin

    Better Homes and Gardens Real

    1 in this area

    70 Total Sales

    Jessica Ivin
    Section Image
  • Austin Ivin

    Buyer Co-Listing Agent in 2024

    Austin Ivin

    Better Homes and Gardens Real

    1 in this area

    14 Total Sales

    Austin Ivin
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 800175

Northwest Indiana Association of REALTORS®

APN: 45-08-31-255-015.000-001

Indiana Lake County Gary 46408 Ross

3716 W 48th Place, Gary, IN

This home is located at 3716 W 48th Place, Gary, IN 46408 since 29 February 2024 and is currently estimated at $120,750, approximately $185 per square foot. This property was built in 1936. 3716 W 48th Place is a home located in Lake County with nearby schools including Calumet High School, Steel City Academy, and St Mary School.

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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