NOT LISTED FOR SALE

4740 Rhode Island St Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $54,000 - $117,028

3 Beds
1 Bath
1,300 Sq Ft
$74/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $45,000 $35 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $633/month

26 Days on Market

Highlights

  • No HOA
  • Country Kitchen
  • Forced Air Heating System
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of February 2023

Investors add this one to your portfolio. Spacious ranch providing 1,300 sq ft of living space spread between 3 bedrooms and 1 full bath; converted attached garage can be used as recreation room or extra bedroom. Ample off street parking, single car front pad drive up and 2 car detached garage. All new laminate style flooring throughout. Immediate return on investment leased until June 2023.

Last Agent to Sell the Property

Hortencia Moreno

Coldwell Banker Real Estate Gr License #RB14043624 Listed on: 12/31/2022

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Robert Ruschak

Coldwell Banker Realty License #RB16000929

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 76 x 145

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fairview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450834251030000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$981

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Co List Office Mls Id: NRA372
  • Subdivision Name: Fairview
  • Above Grade Finished Sq Ft: 1300
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Country Kitchen
  • Flooring: Luxury Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: None
  • Acres: 0.253
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 76 x 145
  • Lot Size Sq Ft: 11021
  • Parcel #: 450834251030000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 981

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2022
Closed on
Feb 15, 2023
Sold by
Brad V Larkin Trust
Bought by
Silver Gate Properties Llc
Seller's Agent
Hortencia Moreno
Coldwell Banker Real Estate Gr
Buyer's Agent
Robert Ruschak
Coldwell Banker Realty
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Total Days on Market
26
Current Estimated Value
$96,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,007
Avg. Annual Appreciation
38.82%

Purchase Details

Closed on
Apr 22, 2020
Sold by
Ibat Rentals Inc Llc
Bought by
Aitken Bethany Radin and Brad V Larkin Trust

Purchase Details

Closed on
Dec 21, 2017
Sold by
Reo Logic Indiana Holdings Llc
Bought by
Ibat Rentals In Llc

Purchase Details

Closed on
Aug 27, 2015
Sold by
Us Bank
Bought by
Reo Logic Indiana Holdings Llc

Purchase Details

Closed on
Jul 7, 2015
Sold by
Green Elige L
Bought by
Us Bank
Source: Public Records

Similar Homes in the area

  • 3705 Mississippi St, Hobart, IN 46342

    $89,500

    • 2 Beds
    • 1 Bath
    • 704 Sq Ft
    • 3705 Mississippi St
    • Hobart, IN

    Welcome Home to this delightful 2-bedroom, 1-bath home nestled in Hobart, Indiana. Perfect for first-time homebuyers, those looking to downsize, or adding to your rental portfolio! This property offers cozy living with room to grow!! The full basement offers endless possibilities--whether you want additional storage, a workshop, or potential for future living space. The fenced in yard is perfect

    Joseph Burdick Weichert Realtors - Shoreline

    Section Image
  • 2420 Maryland St, Gary, IN 46407

    $78,000

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • 2420 Maryland St
    • Gary, IN

    Charming and newly remodeled 2-bedroom, 1-bath home! This cozy property has been thoughtfully updated with a brand-new roof, siding, flooring, electrical, plumbing, and more. It's the perfect opportunity for homeownership with all the hard work already done. Located 5 minutes away from the Hard Rock Casino and next to the expressway making its location very convenient. Don't miss your chance to

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 2645 Lincoln St, Gary, IN 46407

    $89,000

    • 2 Beds
    • 1 Bath
    • 732 Sq Ft
    • 2645 Lincoln St
    • Gary, IN

    Welcome to this charming 2-bedroom, 1-bath home, perfect for a family starting their homeownership journey! The open-concept layout creates a spacious and inviting atmosphere, ideal for both everyday living and entertaining. The bright living area flows seamlessly into the kitchen, offering plenty of space to cook and gather. Each bedroom is comfortably sized, providing flexibility for growing

    Justin Hanuscin Listing Leaders

    Section Image
  • 1949 Mckinley St, Gary, IN 46404

    $109,000

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft
    • 1949 Mckinley St
    • Gary, IN

    A freshly painted, move-in ready small bungalow with a fenced-in yard and a two-car garage is waiting for you. With two bedrooms and one bath, it's cozy yet functional, perfect for a first-time homebuyer or an investor looking for a promising property. The hardwood floors throughout the living room and bedrooms add a touch of charm. The blank canvas of the basement provides endless

    Mary Aaron McColly Real Estate

    Section Image
  • 1119 Cass St, Gary, IN 46403

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,066 Sq Ft
    • 1119 Cass St
    • Gary, IN

    This inviting ranch-style home welcomes you with a bright and spacious living room that seamlessly flows into the open-concept kitchen and dining area--perfect for gatherings and everyday living. Featuring three comfortable bedrooms and an updated bathroom, this home offers both style and functionality.Outside, the well-sized lot provides plenty of space to enjoy, while the extra-wide driveway

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 730 Matthews St, Gary, IN 46406

    $99,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 730 Matthews St
    • Gary, IN

    This 2-bedroom, 1-bath home is a cash-flowing rental with current tenants paying 850 per month. Conveniently situated just minutes from the Hard Rock Casino, major highways, train stations, and only 30 minutes from downtown Chicago, this property offers both immediate income and long-term growth potential. Don't miss out on this ideally located investment!

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 5321 W 3rd Place, Gary, IN 46406

    $84,900

    • 2 Beds
    • 1 Bath
    • 775 Sq Ft
    • 5321 W 3rd Place
    • Gary, IN

    Charming 2-Bedroom, 1-Bath Home Near Train StationDiscover this cozy, well-maintained 2-bedroom, 1-bath home located just a short walk from the train station. Perfect for commuters and first-time homebuyers, this inviting property offers convenience, comfort, and charm. Don't miss out on this ideal blend of location and affordability! For investor seeking cash flow, estimated rent for this home

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 4980 Washington St, Gary, IN 46408

    $79,000

    • 3 Beds
    • 1.5 Baths
    • 1,144 Sq Ft
    • 4980 Washington St
    • Gary, IN

    ****HIGHEST AND BEST DUE MONDAY FEB 24TH 11:59PM***3 Bedroom 1.5 Bath Home For Sale In Gary * Large Living Room * Separate Dining Area * 3 Nice Sized Bedrooms * Full Basement * Detached Garage * Please See Agent Remarks For Offer Submission Instructions *

    John Sandridge Eagle Pro Realty

    Section Image
  • 4234 Ohio St, Gary, IN 46409

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,488 Sq Ft
    • 4234 Ohio St
    • Gary, IN

    RENT READY! Brick cape cod on quiet cul de sac with 3 bedrooms and full basement. Upstairs would make a great primary bedroom with separate seating area/office. 2 car detached garage.

    Nancy Del Prado Avid Real Estate LLC

    Section Image

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Silver Gate Properties Llc $45,000 Chicago Title
Aitken Bethany Radin $39,999 Boston National Ttl Agcy Llc
Ibat Rentals In Llc -- None Available
Reo Logic Indiana Holdings Llc -- None Available
Us Bank $4,031 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Gate Properties Llc $90,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $45,000 -18.2% $35 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
12/31/2022 12/31/22 For Sale $55,000 -- $42 / 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 $4,100 $65,900 $10,000 $55,900
2023 $1,089 $46,500 $10,400 $36,100
2022 $1,089 $42,500 $7,300 $35,200
2021 $981 $38,300 $7,100 $31,200
2020 $984 $38,400 $7,100 $31,300
2019 $1,018 $37,900 $7,000 $30,900
2018 $1,036 $42,300 $7,800 $34,500
2017 $868 $36,700 $7,800 $28,900
2016 $917 $38,100 $7,800 $30,300
2014 $1,678 $71,700 $9,800 $61,900
2013 $1,568 $69,800 $9,700 $60,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 524420

Northwest Indiana Association of REALTORS®

APN: 45-08-34-251-030.000-004