NOT LISTED FOR SALE

427 Vernon Ave East Chicago, IN 46312

Calumet Neighborhood

Estimated Value: $74,000 - $142,000

3 Beds
1 Bath
720 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $20,500 $28 Per Sq Ft

Est. 418% increase in value since last sale

Current estimated payment $714/month

24 Days on Market

Highlights

  • Ranch Style House
  • Bathroom on Main Level
  • Paved or Partially Paved Lot
  • Living Room
  • Forced Air Heating System

About This Home

As of October 2018

Fantastic opportunity for an investor or homeowner looking to put in very little sweat equity. 3 bedroom, 1 bath with a full unfinished basement waiting for someone to make extra living space. Neighbors all keep a watchful eye out for one another in this quiet little tucked away spot. House backs to the local elementary school. Super low taxes. Selling as is.

Last Agent to Sell the Property

Olga Vega

Legacy Realty Group LLC License #RB14047917 Listed on: 08/31/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $391

Year Built

  • Built in 1910

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25 x 100
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 720 Sq Ft Home
  • Living Room
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • No Utilities

Community Details

  • Ladd & Smiths Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450328351021000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$391

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1910
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1457
  • Subdivision Name: Ladd & Smiths Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 720
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Walk Out
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.0574

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Off
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: City of East Chicago

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2500
  • Parcel #: 450328351021000024

Tax Info

  • Year: 2017
  • Tax Annual Amount: 391

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 4, 2018
Sold by
Cook Henry L
Bought by
Faveia Carlos Vargas and Cruz Cindy
Seller's Agent
Olga Vega
Legacy Realty Group LLC
List Price
$20,500
Sold Price
$20,500
Current Estimated Value
$106,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,675
Avg. Annual Appreciation
26.29%

Purchase Details

Closed on
Aug 10, 2006
Sold by
Gardner Tory
Bought by
Cook Henry L

Purchase Details

Closed on
Oct 5, 2005
Sold by
Buggs Robert
Bought by
Gardner Tony
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
Faveia Carlos Vargas -- Indiana Title Network Co
Cook Henry L $10,000 None Available
Gardner Tony -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $20,500 0.0% $28 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $20,500 -- $28 / 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 $1,647 $37,900 $7,400 $30,500
2023 $574 $34,500 $7,400 $27,100
2022 $574 $28,700 $10,300 $18,400
2021 $428 $21,400 $5,100 $16,300
2020 $406 $20,300 $5,100 $15,200
2019 $422 $16,300 $5,100 $11,200
2018 $386 $13,600 $5,100 $8,500
2017 $391 $13,500 $5,100 $8,400
2016 $485 $17,200 $6,800 $10,400
2014 $833 $32,600 $6,800 $25,800
2013 $867 $34,000 $6,800 $27,200
Source: Public Records

Agents Affiliated with this Home

  • Olga Vega

    Seller's Agent in 2018

    Olga Vega

    Legacy Realty Group LLC

    (219) 588-9494

    112 Total Sales

    Olga Vega
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR441931

Northwest Indiana Association of REALTORS®

APN: 45-03-28-351-021.000-024

Indiana Lake County East Chicago 46312 Calumet

427 Vernon Ave, East Chicago, IN

This home is located at 427 Vernon Ave, East Chicago, IN 46312 since 31 August 2018 and is currently estimated at $106,175, approximately $147 per square foot. This property was built in 1910. 427 Vernon Ave is a home located in Lake County with nearby schools including East Chicago Central High School, East Chicago Urban Enterprise Academy, and Greater First Christian Aca.

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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