NOT LISTED FOR SALE

4225 Monroe St Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $74,000 - $157,000

2 Beds
1 Bath
851 Sq Ft
$122/Sq Ft Est. Value

About This Home

This home is located at 4225 Monroe St, Gary, IN 46408 and is currently estimated at $103,667, approximately $121 per square foot. 4225 Monroe 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Favela Homes Llc
Bought by
Favela Property Investments Llc
Current Estimated Value
$103,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,250
Outstanding Balance
$696,731
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$593,064

Purchase Details

Closed on
Apr 18, 2024
Sold by
Ristevski Simon
Bought by
Favela Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 15, 2024
Sold by
Gary Property Recovery Holdings Llc
Bought by
Ristevski Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 23, 2024
Sold by
American Rentals Inc
Bought by
Gary Property Recovery Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 10, 2014
Sold by
Tinnel Shelley
Bought by
American Rentals Llc

Purchase Details

Closed on
Dec 18, 2008
Sold by
Consumer Solutions Reo Llc
Bought by
Tinnel Shelley

Purchase Details

Closed on
Aug 1, 2008
Sold by
Hood Shatina
Bought by
Consumer Solutions Reo Llc

Purchase Details

Closed on
Dec 8, 2006
Sold by
Cazy Terrance L
Bought by
Hood Shatina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
10.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2006
Sold by
Wells Fargo Bank Na
Bought by
Cazy Terrance L

Purchase Details

Closed on
Feb 3, 2006
Sold by
Armour Donald and Wells Fargo Bank
Bought by
Wells Fargo Bank Na and Certificateholders Of Asset Backed Pass

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Favela Property Investments Llc -- Meridian Title
Favela Homes Llc $47,500 Chicago Title
Ristevski Simon $47,500 Chicago Title Company
Gary Property Recovery Holdings Llc -- Meridian Title
American Rentals Llc $300 None Available
Tinnel Shelley -- Investors Titlecorp
Consumer Solutions Reo Llc $56,526 None Available
Hood Shatina -- Indiana Title Network Co
Cazy Terrance L -- None Available
Wells Fargo Bank Na $58,114 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Property Investments Llc $701,250
Previous Owner Favela Homes Llc $30,000
Previous Owner Favela Homes Llc $52,500
Previous Owner American Rentals Llc $900,000
Previous Owner Hood Shatina $59,500
Source: Public Records

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 $4,047 $49,400 $11,400 $38,000
2023 $1,157 $45,900 $11,400 $34,500
2022 $1,094 $42,700 $7,600 $35,100
2021 $1,020 $39,800 $7,600 $32,200
2020 $971 $37,900 $7,600 $30,300
2019 $898 $38,000 $7,700 $30,300
2018 $1,195 $44,100 $7,900 $36,200
2017 $1,352 $57,700 $7,900 $49,800
2016 $1,354 $60,000 $7,900 $52,100
2014 $1,470 $62,800 $9,300 $53,500
2013 $1,404 $62,500 $9,300 $53,200
Source: Public Records

Map

Indiana Lake County Gary 46408 Glen Park

4225 Monroe St, Gary, IN

Homes for Sale in Gary, IN

This home is located at 4225 Monroe St, Gary, IN 46408 and is currently estimated at $103,667, approximately $121 per square foot. 4225 Monroe 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.

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