NOT LISTED FOR SALE

394 S Hancock St Gary, IN 46403

Miller Neighborhood

Estimated Value: $73,000 - $134,000

3 Beds
2.5 Baths
1,000 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $65,000 $65 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $707/month

13 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Great Room
  • Recreation Room
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of April 2019

This DIAMOND in the rough is ideally situated on a corner lot just steps from Downtown Miller's Lake Street development and within walking distance to the South Shore Line. Lake Street in Miller is happening and this bungalow style single family home with two bedrooms upstairs and potential for expanding to the finished basement includes a one bedroom one bath coach house as well as a two car garage and driveway. Three structures for the price of one! Needs work but your efforts should yield a real return. Currently occupied. Do not disturb tenants. Cash or rehab loans only. Buyer to verify zoning/uses.

Last Agent to Sell the Property

Sam Geraci

INcoast Homes LLC License #RB18000080 Listed on: 01/25/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1919

Lot Details

  • 7,667 Sq Ft Lot
  • Lot Dimensions are 58 x 132
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Coach House
  • Cement Siding
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Great Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Natural lighting in basement
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Dalys Add 01 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450906256027000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,247

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1919
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1427
  • Subdivision Name: Dalys Add 01
  • Architectural Style: Coach Home, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Cement Block,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Common Rec Room, Formal Dining, Great Room, Main Floor Bedroom, Related Living
  • Basement: Daylight
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Deck
  • Acres: 0.176

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 58 x 132
  • Lot Size Sq Ft: 7667
  • Parcel #: 450906256027000004

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1247

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Apr 10, 2019
Sold by
Simmons Willie James
Bought by
Edwards Kevin
Seller's Agent
Sam Geraci
INcoast Homes LLC
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$109,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,604
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Jul 20, 2016
Sold by
Carrington Llc
Bought by
Simmons Willie James

Purchase Details

Closed on
Jul 10, 2015
Sold by
Wallace Sheila
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Nov 12, 2008
Sold by
Jones Derrick
Bought by
Wallace Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,540
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Jones Derrick

Purchase Details

Closed on
Mar 16, 2007
Sold by
Thomas Leroy
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Trust Serie
Source: Public Records

Range of Values:

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Average Value
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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
Edwards Kevin -- Fidelity National Title Co
Simmons Willie James $32,400 --
Simmons Willie James $32,430 Bay National Title Co
Carrington Mortgage Services Llc $39,480 Attorney
Wallace Sheila -- Indiana Title Network Co
Jones Derrick -- Investors Titlecorp
Deutsche Bank National Trust Co $63,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Sheila $89,540
Previous Owner Thomas Leroy $94,050
Previous Owner Thomas Leroy $10,000
Previous Owner Thomas Leroy $78,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $65,000 0.0% $65 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $65,000 -- $65 / 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 $8,464 $101,400 $13,900 $87,500
2023 $1,873 $96,000 $13,900 $82,100
2022 $1,873 $73,100 $8,300 $64,800
2021 $1,699 $66,300 $8,300 $58,000
2020 $1,622 $63,300 $8,300 $55,000
2019 $1,298 $61,900 $8,100 $53,800
2018 $1,242 $55,700 $7,700 $48,000
2017 $1,247 $54,900 $7,500 $47,400
2016 $1,279 $57,200 $7,500 $49,700
2014 $779 $56,600 $9,200 $47,400
2013 $730 $54,900 $9,200 $45,700
Source: Public Records

Agents Affiliated with this Home

  • Sam Geraci

    Seller's Agent in 2019

    Sam Geraci

    INcoast Homes LLC

    (773) 983-1904

    37 in this area

    77 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR448729

Northwest Indiana Association of REALTORS®

APN: 45-09-06-256-027.000-004

Indiana Lake County Gary 46403 Miller

394 S Hancock St, Gary, IN

This home is located at 394 S Hancock St, Gary, IN 46403 since 25 January 2019 and is currently estimated at $116,318, approximately $116 per square foot. This property was built in 1919. 394 S Hancock St is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, and West Side Leadership Academy.

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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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