NOT LISTED FOR SALE

425 E 48th Ave Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $50,000 - $117,000

3 Beds
1 Bath
1,324 Sq Ft
$71/Sq Ft Est. Value

About This Home

This home is located at 425 E 48th Ave, Gary, IN 46409 and is currently estimated at $94,333, approximately $71 per square foot. 425 E 48th 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Favela Homes Llc
Bought by
Favela Property Investments Llc
Current Estimated Value
$94,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Outstanding Balance
$155,626
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
-$61,626

Purchase Details

Closed on
Sep 9, 2022
Sold by
Ibarra William E
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
$128,430
Interest Rate
6.02%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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 -- --
Favela Homes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Property Investments Llc $159,600
Previous Owner Favela Homes Llc $128,430
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 $3,421 $72,400 $10,700 $61,700
2023 $978 $38,800 $11,600 $27,200
2022 $948 $36,900 $8,200 $28,700
2021 $859 $33,400 $7,900 $25,500
2020 $859 $33,400 $7,900 $25,500
2019 $431 $32,600 $7,800 $24,800
2018 $479 $36,300 $8,700 $27,600
2017 $488 $36,800 $8,700 $28,100
2016 $661 $53,800 $8,700 $45,100
2014 $702 $64,500 $10,800 $53,700
2013 $1,474 $65,600 $13,600 $52,000
Source: Public Records

Map

Indiana Lake County Gary 46409 Glen Park

425 E 48th Ave, Gary, IN

This home is located at 425 E 48th Ave, Gary, IN 46409 and is currently estimated at $94,333, approximately $71 per square foot. 425 E 48th 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.

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