NOT LISTED FOR SALE

425 E 48th Ave Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $51,000 - $155,000

3 Beds
1 Bath
2,648 Sq Ft
$45/Sq Ft Est. Value

About This Home

This home is located at 425 E 48th Ave, Gary, IN 46409 and is currently estimated at $120,308, approximately $45 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 19, 2023
Sold by
Favela Homes Llc
Bought by
Favela Property Inv Llc
Current Estimated Value
$120,308

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
$153,885
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
-$33,577

Purchase Details

Closed on
Jan 17, 2023
Sold by
Favela Homes Llc
Bought by
Favela Property Investments Llc

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
$153,885
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
-$33,577

Purchase Details

Closed on
Sep 9, 2022
Sold by
Ibarra William E
Bought by
Favela Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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

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.

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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 Inv Llc -- None Listed On Document
Favela Property Investments Llc -- --
Favela Homes Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Property Inv Llc $159,600
Closed Favela Property Investments Llc $159,600
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
2025 $1,083 $87,200 $10,700 $76,500
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

Not Listed for Sale

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