NOT LISTED FOR SALE

5030 W 25th Ave Gary, IN 46406

Westside Neighborhood

Estimated Value: $71,000 - $101,000

2 Beds
1 Bath
720 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $77,000 $107 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $562/month

29 Days on Market

Highlights

  • Deck
  • Corner Lot
  • 1 Car Detached Garage
  • Ranch Style House
  • No HOA
  • Cooling Available

About This Home

As of January 2024

Great INVESTMENT opportunity!!!!! Already has tenants at $1,250/month! Giving you a phenomenal CAP RATE OF 17% Don't miss this INVESTMENT SPECIAL!!!!!Newly updated 2 bedroom ranch with detached garage on a corner lot. Updates include windows, roof, siding, kitchen, bath, furnace/AC, paint, and flooring throughout.. Walking distance to the new Hardrock Casino!

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. Brokerage Phone: 219-613-5643 License #RB14033291 Listed on: 11/15/2023

Co-Listed By

Hector Calderon

McCormick Real Estate, Inc. Brokerage Phone: 219-613-5643 License #RB23001446

Last Buyer's Agent

Jeff McCormick

McCormick Real Estate, Inc. Brokerage Phone: 219-613-5643 License #RB14033291 Listed on: 11/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $694

Year Built

  • Built in 1952

Lot Details

  • 9,365 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 720 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Range Hood
  • Laundry on main level
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 450713258014000003

Community Details

Overview

  • No Home Owners Association
  • Midway Gardens Second Add Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$694

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Gravel Road Access, Landscaped, Nearly Level, Paved Road
  • ResoOtherEquipment: Security System
  • Co List Office Mls Id: GNR1136
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: Midway Gardens Second Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • 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_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-613-5643
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None, Range Hood
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.215

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75x125
  • Lot Size Sq Ft: 9365
  • ResoLotSizeUnits: Acres
  • Parcel #: 450713258014000003
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2023
  • Tax Annual Amount: 694

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 17, 2024
Sold by
A & S Investors Llc
Bought by
Mendoza Erickson
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%
Views
115
Current Estimated Value
$86,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,839
Avg. Annual Appreciation
4.01%

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 7, 2022
Sold by
Havlin Jack E
Bought by
A & S Investors Llc
Seller's Agent
Warren Reeder
Reeder Companies
Buyer's Agent
Kyle Costa
Coldwell Banker Real Estate Gr
List Price
$53,000
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.99%

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 5, 2022
Sold by
Havlin Jack E
Bought by
A & S Investors Llc
Seller's Agent
Warren Reeder
Reeder Companies
Buyer's Agent
Kyle Costa
Coldwell Banker Real Estate Gr
List Price
$53,000
Sold Price
$53,000

Purchase Details

Closed on
Jun 24, 2016
Sold by
Havlin Larry G and Havlin Sherry G
Bought by
Havlin Jack E
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
Mendoza Erickson $77,000 None Listed On Document
A & S Investors Llc -- Drake Andrew R
A & S Investors Llc -- Drake Andrew R
Havlin Jack E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Havlin Jack $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $77,000 -14.3% $107 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $89,900 +69.6% $125 / Sq Ft
01/05/2022 01/05/22 Sold $53,000 0.0% $74 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $53,000 -- $74 / 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 $4,746 $58,300 $8,300 $50,000
2023 $1,064 $56,300 $8,300 $48,000
2022 $1,064 $53,200 $7,300 $45,900
2021 $692 $34,600 $7,300 $27,300
2020 $694 $34,700 $7,300 $27,400
2019 $801 $34,800 $7,300 $27,500
2018 $1,102 $34,900 $7,300 $27,600
2017 $1,093 $34,300 $7,000 $27,300
2016 $1,435 $46,400 $7,000 $39,400
2014 $1,470 $50,200 $8,200 $42,000
2013 $1,390 $48,900 $8,300 $40,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff McCormick

    Seller's Agent in 2024

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    12 in this area

    722 Total Sales

    Section Image
  • Hector Calderon

    Seller Co-Listing Agent in 2024

    Hector Calderon

    McCormick Real Estate, Inc.

    (805) 878-6547

    2 in this area

    81 Total Sales

    Section Image
  • Warren Reeder

    Seller's Agent in 2022

    Warren Reeder

    Reeder Companies

    (219) 712-7127

    1 in this area

    34 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Kyle Costa

    Coldwell Banker Real Estate Gr

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR541734

Northwest Indiana Association of REALTORS®

APN: 45-07-13-258-014.000-003

Indiana Lake County Gary 46406 Westside

5030 W 25th Ave, Gary, IN

This home is located at 5030 W 25th Ave, Gary, IN 46406 since 15 November 2023 and is currently estimated at $84,316, approximately $117 per square foot. This property was built in 1952. 5030 W 25th Ave is a home located in Lake County with nearby schools including Calumet High School, Aspire Charter Academy, and Gary Lighthouse Charter School.

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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