NOT LISTED FOR SALE

425 E 47th Ave Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $129,000 - $229,000

3 Beds
3 Baths
2,440 Sq Ft
$68/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $120,000 $49 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,216/month

17 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Fenced
  • 2 Car Detached Garage

About This Home

As of November 2023

***3 Bedroom 2 Bath Tri-Level Home For Sale In Gary *This 1400 Sq ft Tri Level is ready to go: Refinished kitchen, new flooring, paint, hot water tank, 2 new bathrooms, and ready to go. This home features a really nice size kitchen that has plenty of room for a small table, huge living room, 3 generous bedrooms, 2 baths, and a rec. room that's bigger than the living room, and a fenced yard.

Last Agent to Sell the Property

John Sandridge

Eagle Pro Realty License #RB14026046 Listed on: 08/30/2023

Last Buyer's Agent

Angela Morrow

Majestic Real Estate Group, LL License #RB14033790

Majestic Real Estate Group, LL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1961

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 60x95
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Tri-Level Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Georgetown Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450834176003000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,140

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1663
  • Subdivision Name: Georgetown Add
  • Above Grade Finished Sq Ft: 1400
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • Property Attached Yn: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Other
  • Basement YN: No
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1040
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.131
  • Construction Type: Aluminum Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 60x95
  • Lot Size Sq Ft: 5706
  • Parcel #: 450834176003000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Dec 1, 2023
Sold by
Marithom Llc
Bought by
Cousins Tracy
Seller's Agent
John Sandridge
Eagle Pro Realty
Buyer's Agent
Angela Morrow
Majestic Real Estate Group, LL
List Price
$114,900
Sold Price
$120,000
Premium/Discount to List
$5,100
4.44%
Views
52
Current Estimated Value
$165,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,021
Avg. Annual Appreciation
20.61%
Original Mortgage
$7,200
Outstanding Balance
$7,098
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
$157,923

Purchase Details

Listed on
Feb 14, 2023
Closed on
May 18, 2023
Sold by
Secretary Of Veterans Affairs
Bought by
Marithom Llc
Seller's Agent
John Sandridge
Eagle Pro Realty
List Price
$43,500
Sold Price
$47,000
Premium/Discount to List
$3,500
8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
528.35%

Purchase Details

Closed on
Jan 4, 2023
Sold by
Freedom Mortgage Corporation
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Dec 5, 2022
Sold by
Sheriff Of Lake County
Bought by
Freedom Mortgage Corporation
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
Cousins Tracy $120,000 None Listed On Document
Marithom Llc -- None Listed On Document
Secretary Of Veterans Affairs -- --
Freedom Mortgage Corporation $51,879 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cousins Tracy $7,200
Open Cousins Tracy $111,000
Previous Owner Sanders James D $47,296
Previous Owner Sanders James D $52,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $120,000 -7.6% $49 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $129,900 +13.1% $53 / Sq Ft
08/30/2023 08/30/23 For Sale $114,900 +144.5% $47 / Sq Ft
05/26/2023 05/26/23 Sold $47,000 +8.0% $19 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $43,500 -- $18 / 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 $3,738 $121,700 $6,400 $115,300
2023 $1,069 $42,400 $7,300 $35,100
2022 $1,038 $40,500 $5,100 $35,400
2021 $1,025 $40,000 $5,000 $35,000
2020 $0 $40,400 $5,000 $35,400
2019 $105 $39,900 $4,900 $35,000
2018 $105 $44,400 $5,500 $38,900
2017 $105 $45,000 $5,500 $39,500
2016 $105 $61,300 $5,500 $55,800
2014 -- $74,000 $6,800 $67,200
2013 -- $71,900 $6,800 $65,100
Source: Public Records

Agents Affiliated with this Home

  • John Sandridge

    Seller's Agent in 2023

    John Sandridge

    Eagle Pro Realty

    (219) 712-7271

    19 in this area

    135 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    Angela Morrow

    Majestic Real Estate Group, LL

    (219) 359-6340

    12 in this area

    36 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 537659

Northwest Indiana Association of REALTORS®

APN: 45-08-34-176-003.000-004

Indiana Lake County Gary 46409 Glen Park

425 E 47th Ave, Gary, IN

This home is located at 425 E 47th Ave, Gary, IN 46409 since 30 August 2023 and is currently estimated at $165,021, approximately $67 per square foot. This property was built in 1961. 425 E 47th Ave 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.

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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