NOT LISTED FOR SALE

501 E Ridge Rd Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $125,000 - $155,694

1 Bed
1 Bath
1,500 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $27,500 $18 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $931/month

5 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Cooling Available
  • Ranch Style House
  • Enclosed Patio or Porch
  • Home Security System

About This Home

As of August 2019

Come check out this cute home with original hardwood floors and high ceilings! Put some work in to make this home more of what you want. Could also be a great rental. Add some closets to make this a 3 bedroom home once again. The dry basement is a blank slate with a start of drywall on the one side.

Last Agent to Sell the Property

Amber Arciniega

A.R.E. Partners Inc. License #RB16001901 Listed on: 08/07/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 10,425 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Shaker Style Exterior
  • Fixer Upper
  • Cedar Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Home Security System
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Cooling Available
  • Furnace Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Satellite Dish
  • Cable TV Available

Community Details

  • Highland Park Add 02 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450827130006000004

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1921
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Furnace Humidifier, Satellite Dish, Security System
  • Co List Office Mls Id: GNR1703
  • Subdivision Name: Highland Park Add 02
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Cedar,Shakes
  • GNR_UnfinishedSquareFootage: 1500
  • 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: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Enclosed, Fence
  • Acres: 0.2393

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: ~75'x139'
  • Lot Size Sq Ft: 10425
  • Parcel #: 450827130006000004

Tax Info

  • Year: 2017
  • Tax Annual Amount: 963

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2025
Sold by
Postema Andrew and Postema Erica
Bought by
Post Property Group Llc
Current Estimated Value
$144,423

Purchase Details

Closed on
Oct 31, 2024
Sold by
Hopper Mark A and Hopper Dana M
Bought by
Postema Andrew and Postema Erica

Purchase Details

Listed on
Aug 7, 2019
Closed on
Aug 28, 2019
Sold by
Flores Diana
Bought by
Hopper Mark A and Hopper Dana M
Seller's Agent
Amber Arciniega
A.R.E. Partners Inc.
List Price
$27,500
Sold Price
$27,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.91%
Source: Public Records

Range of Values:

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Average Value
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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
Post Property Group Llc -- None Listed On Document
Postema Andrew -- None Listed On Document
Hopper Mark A -- Chicago Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $27,500 0.0% $18 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $27,500 -- $18 / 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 $8,517 $104,200 $9,600 $94,600
2023 $2,436 $96,600 $11,500 $85,100
2022 $2,329 $90,900 $8,700 $82,200
2021 $2,142 $83,600 $8,700 $74,900
2020 $987 $84,300 $8,700 $75,600
2019 $948 $84,300 $8,700 $75,600
2018 $975 $84,300 $8,700 $75,600
2017 $963 $82,400 $5,800 $76,600
2016 $996 $86,000 $5,800 $80,200
2014 $939 $85,900 $6,300 $79,600
2013 $889 $83,500 $6,300 $77,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Amber Arciniega

    A.R.E. Partners Inc.

    (219) 575-8537

    1 Total Sale

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR460519

Northwest Indiana Association of REALTORS®

APN: 45-08-27-130-006.000-004

Indiana Lake County Gary 46409 Glen Park

501 E Ridge Rd, Gary, IN

This home is located at 501 E Ridge Rd, Gary, IN 46409 since 07 August 2019 and is currently estimated at $136,924, approximately $91 per square foot. This property was built in 1921. 501 E Ridge Rd 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.

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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