NOT LISTED FOR SALE

4725 Garfield St Gary, IN 46408

Ross Neighborhood

Estimated Value: $77,000 - $109,000

2 Beds
1 Bath
862 Sq Ft
$100/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $9,000 $10 Per Sq Ft

Est. 861% increase in value since last sale

Current estimated payment $574/month

25 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Bathroom on Main Level
  • Covered Patio or Porch
  • Living Room

About This Home

As of April 2013

2 bedroom 1 bath 1 story home in Gary. Covered porch out front, breezeway area between house and 1 car garage. Close to 47th Ave and 55, good commuter location. Your TLC will make this home shine again! THIS IS A FANNIE MAE HOMEPATH PROPERTY. SELLER RESERVES THE RIGHT TO ACCEPT ONLY OWNER OCCUPIED/PUBLIC ENTITY OFFERS DURING FIRST 15 DAYS ON MARKET UNDER FANNIE MAE FIRST LOOK PROGRAM.VISIT HOMEPATH WEBSITE FOR DETAILS.

Last Agent to Sell the Property

Michele O'Connor

RE/MAX 10 Schererville License #RB14048805 Listed on: 03/04/2013

Last Buyer's Agent

Joseph McCormick

McCormick Real Estate, Inc. License #RB14045866

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $213

Year Built

  • Built in 1947

Lot Details

  • 7,318 Sq Ft Lot
  • Lot Dimensions are 58x126

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 862 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Well

Community Details

  • C. J. Williams 2Nd Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450832278003000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$213

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1102
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: C. J. Williams 2nd ADD
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: None
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • 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 Bedroom, Main Floor Bathroom
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 0.168

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 58X126
  • Lot Size Sq Ft: 7318
  • Parcel #: 450832278003000001

Tax Info

  • Year: 2011
  • Tax Annual Amount: 213

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Favela Property Inv Llc
Bought by
Favela Property Inv Llc
Current Estimated Value
$86,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,266,300
Outstanding Balance
$1,232,439
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,145,964

Purchase Details

Closed on
May 24, 2023
Sold by
Favela Property Investments 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
$1,266,300
Outstanding Balance
$1,232,439
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,145,964

Purchase Details

Closed on
Feb 1, 2019
Sold by
Fabela Gillermo
Bought by
Favela Property Invetsmnents Llc

Purchase Details

Closed on
Apr 13, 2016
Sold by
Favela Cirilo
Bought by
Favela Gillermo

Purchase Details

Listed on
Mar 4, 2013
Closed on
Apr 4, 2013
Sold by
Fannie Mae
Bought by
Favela Cirilo
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Joseph McCormick
McCormick Real Estate, Inc.
List Price
$9,000
Sold Price
$9,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.84%

Purchase Details

Listed on
Mar 4, 2013
Closed on
Mar 5, 2013
Sold by
Wells Fargo Bank N A
Bought by
Federal National Mortgage Association
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Joseph McCormick
McCormick Real Estate, Inc.
List Price
$9,000
Sold Price
$9,000

Purchase Details

Closed on
Feb 1, 2013
Sold by
Wilson Kevin O
Bought by
Wells Fargo Bank Na
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
Favela Property Inv Llc -- None Listed On Document
Favela Property Investments Llc -- None Listed On Document
Favela Property Invetsmnents Llc -- None Available
Favela Gillermo -- None Available
Favela Cirilo -- Meridian Title Corps
Federal National Mortgage Association -- None Available
Wells Fargo Bank Na $52,366 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Property Inv Llc $1,266,300
Closed Favela Property Investments Llc $1,266,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2013 04/05/13 Sold $9,000 0.0% $10 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $9,000 -- $10 / 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 $1,397 $33,500 $6,000 $27,500
2023 $656 $32,800 $6,000 $26,800
2022 $640 $32,000 $5,100 $26,900
2021 $596 $29,800 $5,100 $24,700
2020 $596 $29,800 $5,100 $24,700
2019 $681 $29,800 $5,100 $24,700
2018 $936 $29,800 $5,100 $24,700
2017 $1,041 $33,900 $5,100 $28,800
2016 $1,119 $35,900 $5,100 $30,800
2014 $1,086 $37,100 $6,300 $30,800
2013 $213 $36,700 $6,300 $30,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michele O'Connor

    RE/MAX

  • J

    Buyer's Agent in 2013

    Joseph McCormick

    McCormick Real Estate, Inc.

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR323854

Northwest Indiana Association of REALTORS®

APN: 45-08-32-278-003.000-001

Indiana Lake County Gary 46408 Ross

4725 Garfield St, Gary, IN

This home is located at 4725 Garfield St, Gary, IN 46408 since 04 March 2013 and is currently estimated at $86,475, approximately $100 per square foot. This property was built in 1947. 4725 Garfield St is a home located in Lake County with nearby schools including Calumet High School, Higher Institute of Arts and Technology, and Steel City 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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