NOT LISTED FOR SALE

4501 W 21st Ave Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $139,000 - $157,000

4 Beds
2.5 Baths
2,144 Sq Ft
$70/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $23,000 $11 Per Sq Ft

Est. 559% increase in value since last sale

Current estimated payment $982/month

116 Days on Market

Highlights

  • 0.3 Acre Lot
  • 2 Car Attached Garage
  • Fenced
  • No HOA
  • 1-Story Property

About This Home

As of October 2014

Unique sprawling 4 bedroom ranch with 2.5 baths, lots of room in this spacious home. House has 2 bedrooms on each end and in the middle is a very generous living room and open kitchen with granite counters. 2 car attached garage, too! Enjoy the space in the enormous back yard. This is a Fannie Mae HomePath Property.

Last Agent to Sell the Property

Michele O'Connor

RE/MAX 10 Schererville License #RB14048805 Listed on: 06/23/2014

Co-Listed By

Carl Guzzy

HomeSmart Legacy License #RB14036017

Last Buyer's Agent

Clarence Webb

Premier Region Real Estate License #RB14051393

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.3 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2,144 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Peters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450818101014000004

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRAgenericoffice
  • Co List Office Mls Id: NRA2197
  • Subdivision Name: PETERS
  • Above Grade Finished Sq Ft: 2144
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.2984
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Natural Gas, None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 13000
  • Lot Size Sq Ft: 13000
  • Parcel #: 450818101014000004

Tax Info

  • Year: 2013
  • Tax Annual Amount: 655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Ristevski Simon
Bought by
Dad Properties Acquisitions Llc
Current Estimated Value
$151,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.49%
Mortgage Type
New Conventional

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
$2,570,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2024
Sold by
Dad Properties Acquisitions Llc
Bought by
Dad Legacy Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,570,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2024
Sold by
Gary Housing Recovery Holdings Llc
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
$2,570,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2014
Closed on
Oct 24, 2014
Sold by
Fannie Mae
Bought by
Liberty Rentals Llc
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Clarence Webb
Premier Region Real Estate
List Price
$23,000
Sold Price
$23,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.18%

Purchase Details

Closed on
Mar 7, 2014
Sold by
Draine William L and Winkfield Brett
Bought by
Federal National Mortgage Association and Fannie Mae
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
Dad Properties Acquisitions Llc $3,100,000 Near North Title
Ristevski Simon $47,500 Chicago Title Company
Dad Legacy Iii Llc -- None Listed On Document
Gary Property Recovery Holdings Llc -- Meridian Title
Liberty Rentals Llc $23,000 Total Title
Federal National Mortgage Association $72,596 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dad Properties Acquisitions Llc $5,000,000
Previous Owner Dad Legacy Iii Llc $2,570,000
Previous Owner Draine William L $69,000
Previous Owner Draine William L $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $23,000 0.0% $11 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $23,000 -- $11 / 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 $6,207 $68,800 $7,200 $61,600
2023 $1,775 $70,400 $7,200 $63,200
2022 $1,588 $62,000 $4,600 $57,400
2021 $1,458 $56,900 $4,600 $52,300
2020 $1,414 $55,200 $4,600 $50,600
2019 $1,238 $48,900 $4,000 $44,900
2018 $1,176 $48,900 $4,000 $44,900
2017 $1,177 $49,600 $4,000 $45,600
2016 $1,207 $51,700 $4,000 $47,700
2014 $523 $49,700 $5,000 $44,700
2013 $569 $54,200 $5,000 $49,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michele O'Connor

    RE/MAX

  • C

    Seller Co-Listing Agent in 2014

    Carl Guzzy

    HomeSmart Legacy

    (708) 267-9525

    4 Total Sales

    Section Image
  • Clarence Webb

    Buyer's Agent in 2014

    Clarence Webb

    Premier Region Real Estate

    (219) 805-0091

    13 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 352897

Northwest Indiana Association of REALTORS®

APN: 45-08-18-101-014.000-004

Indiana Lake County Gary 46404 Tolleston

4501 W 21st Ave, Gary, IN

This home is located at 4501 W 21st Ave, Gary, IN 46404 since 23 June 2014 and is currently estimated at $151,069, approximately $70 per square foot. This property was built in 1953. 4501 W 21st Ave is a home located in Lake County with nearby schools including Bailly Preparatory Academy, West Side Leadership Academy, and Aspire Charter 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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