NOT LISTED FOR SALE

3742 Colfax St Gary, IN 46408

Estimated Value: $158,000 - $193,000

2 Beds
1 Bath
896 Sq Ft
$198/Sq Ft Est. Value

Last Sold March 05, 2015

Last sale price $17,000 $19 Per Sq Ft

Est. 943% increase in value since last sale

Current estimated payment $1,316/month

6 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of March 2015

Foreclosure needs TLC. No buyer restrictions. Sold as is where is.

Last Agent to Sell the Property

Geoffrey Polk

Thurston Wyatt, LLC License #RB14035344 Listed on: 02/11/2015

Last Buyer's Agent

Michelle Newbeck

McColly Real Estate License #RB14024496

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x100

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450726226014000006

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Co List Office Mls Id: GNR1304
  • Subdivision Name: none
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding,Vinyl,Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.35

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Griffith

Lot Info

  • Lot Dimensions: 100x100
  • Lot Size Sq Ft: 15246
  • Parcel #: 450726226014000006

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2142

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Jems Investments Llc
Bought by
Rivas Jose B
Current Estimated Value
$177,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,929
Outstanding Balance
$125,018
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$58,759

Purchase Details

Closed on
Feb 6, 2024
Sold by
Bruno Joel B
Bought by
Jems Investments Llc

Purchase Details

Closed on
Jul 29, 2016
Sold by
Restani Eduardo
Bought by
Bruno Joel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,542
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 3, 2015
Sold by
3742 Colfax Ave Land Trust
Bought by
Restani Eduardo
Seller's Agent
Geoffrey Polk
Thurston Wyatt, LLC
Buyer's Agent
Michelle Newbeck
McColly Real Estate
List Price
$17,000
Sold Price
$17,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.00%

Purchase Details

Closed on
Dec 5, 2014
Sold by
Lakeview Land Co Llc
Bought by
3742 Colfax Ave Land Trust

Purchase Details

Closed on
Jun 9, 2006
Sold by
Hud
Bought by
Lake View Land Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2005
Sold by
Irwin Mortgage Corp
Bought by
Hud
Source: Public Records

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Range of Values:

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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
Rivas Jose B $179,900 Chicago Title Insurance Compan
Jems Investments Llc $85,000 Chicago Title
Bruno Joel B -- Chicago Title Ins Co
Restani Eduardo -- Meridian Title Corp
3742 Colfax Ave Land Trust $12,391 None Available
Lake View Land Co Llc -- Meridian Title Corp
Hud -- The Talon Group
Mortgage Electronic Registration Systems $78,708 The Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Jose B $125,929
Previous Owner Bruno Joel B $35,000
Previous Owner Bruno Joel B $73,542
Previous Owner Lake View Land Co Llc $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2015 03/05/15 Sold $17,000 0.0% $19 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $17,000 -- $19 / 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 $3,908 $121,600 $30,600 $91,000
2023 $1,171 $119,300 $30,600 $88,700
2022 $1,171 $116,200 $30,600 $85,600
2021 $266 $49,700 $13,800 $35,900
2020 $281 $53,200 $13,800 $39,400
2019 $344 $53,200 $13,800 $39,400
2018 $352 $53,200 $13,800 $39,400
2017 $361 $54,700 $13,800 $40,900
2016 $1,639 $56,600 $13,800 $42,800
2014 $1,645 $56,500 $14,500 $42,000
2013 $1,656 $55,300 $14,500 $40,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Geoffrey Polk

    Thurston Wyatt, LLC

  • Michelle Newbeck

    Buyer's Agent in 2015

    Michelle Newbeck

    McColly Real Estate

    (219) 742-6406

    1 in this area

    6 Total Sales

    Michelle Newbeck
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR365760

Northwest Indiana Association of REALTORS®

APN: 45-07-26-226-014.000-006

Indiana Lake County Gary 46319

3742 Colfax St, Gary, IN

This home is located at 3742 Colfax St, Gary, IN 46408 since 11 February 2015 and is currently estimated at $177,226, approximately $197 per square foot. This property was built in 1960. 3742 Colfax St is a home located in Lake County with nearby schools including Griffith Senior High School, Steel City Academy, and Aspire Charter 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.

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