NOT LISTED FOR SALE

3742 Colfax St Gary, IN 46408

Estimated Value: $123,000 - $213,000

2 Beds
1 Bath
896 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 05, 2015

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

Est. 928% increase in value since last sale

Current estimated payment $1,249/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

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
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • 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
$174,790

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
$124,383
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$50,407

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
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
24.67%

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

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

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 $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

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