Seller's Agent in 2024
Rebecca Olson
Listing Leaders Affiliated
(219) 384-7957
23 in this area
212 Total Sales
5040 Jefferson St Gary, IN 46408
Glen Park Neighborhood
4
Beds
3
Baths
1,740
Sq Ft
7,579
Sq Ft Lot
About This Home
As of June 2024Build your portfolio with this well maintained and fully occupied income producing two story duplex. Two unit duplex features basements on both sides; 2nd floor on each side hosts 2 bedrooms and full bath; unit 5042 has an extra 3/4 bath and main floor laundry; nice sized living rooms and main floor flex room on each side. Building has been inspected and qualified for housing voucher participation. Furnace and water heater on 5040 side new within last 2 years, large fenced in back yard, shed.
Last Agent to Sell the Property
Hortencia Moreno
Coldwell Banker Real Estate Gr License #RB14043624 Listed on: 09/02/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,667
Year Built
- Built in 1942
Lot Details
- 7,579 Sq Ft Lot
- Lot Dimensions are 60 x 126
Interior Spaces
- 1,740 Sq Ft Home
- Elevator
- Wood Flooring
- Laundry in unit
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $16,200
- Tenant pays for electricity, gas, water
- The owner pays for sewer
- Assessor Parcel Number 450833430023000004
Community Details
Overview
- 2 Units
- Junedale Sub Subdivision
Building Details
- New Taxes Expense $1,175
- Net Operating Income $16,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2024
Closed on
Jun 27, 2024
Sold by
Newton Timothy and Newton Jessica
Bought by
Banks Lanear and Ear Mellicent Z
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Anthony Gutierrez
Realty Executives Premier
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%
Views
121
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,052
Avg. Annual Appreciation
3.84%
Original Mortgage
$108,750
Outstanding Balance
$107,459
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$44,593
Purchase Details
Listed on
Mar 22, 2024
Closed on
Jun 25, 2024
Sold by
Newton Timothy and Newton Jessica
Bought by
Banks Lanear and Ear Mellicent Z
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Anthony Gutierrez
Realty Executives Premier
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%
Views
121
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$107,459
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$44,593
Purchase Details
Listed on
Sep 2, 2021
Closed on
Nov 12, 2021
Sold by
Sosa Santana and Sosa Rose Linda
Bought by
Newton Timothy and Newton Jessica
Seller's Agent
Hortencia Moreno
Coldwell Banker Real Estate Gr
Buyer's Agent
Rebecca Olson
Listing Leaders Affiliated
List Price
$90,000
Sold Price
$90,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.97%
Original Mortgage
$67,500
Interest Rate
2.99%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $145,000 | None Listed On Document | |
| Warranty Deed | -- | Chicago Title Co Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $108,750 | New Conventional | |
| Closed | $108,750 | New Conventional | |
| Previous Owner | $67,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2024 06/27/24 | Sold | $145,000 | -9.4% | $83 / Sq Ft |
| 05/03/2024 05/03/24 | Pending | -- | -- | -- |
| 04/05/2024 04/05/24 | Price Changed | $160,000 | -3.0% | $92 / Sq Ft |
| 03/22/2024 03/22/24 | For Sale | $165,000 | +83.3% | $95 / Sq Ft |
| 11/15/2021 11/15/21 | Sold | $90,000 | 0.0% | $52 / Sq Ft |
| 10/16/2021 10/16/21 | Pending | -- | -- | -- |
| 09/02/2021 09/02/21 | For Sale | $90,000 | -- | $52 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $8,667 | $106,600 | $13,500 | $93,100 |
| 2023 | $2,447 | $98,300 | $13,500 | $84,800 |
| 2022 | $2,447 | $95,200 | $9,100 | $86,100 |
| 2021 | $1,232 | $47,800 | $9,100 | $38,700 |
| 2020 | $1,175 | $45,600 | $9,100 | $36,500 |
| 2019 | $1,026 | $45,700 | $9,200 | $36,500 |
| 2018 | $1,136 | $48,200 | $9,400 | $38,800 |
| 2017 | $873 | $35,200 | $9,400 | $25,800 |
| 2016 | $893 | $36,600 | $9,400 | $27,200 |
| 2014 | $1,465 | $62,200 | $11,100 | $51,100 |
| 2013 | $1,398 | $61,800 | $11,000 | $50,800 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Olson
-
Anthony Gutierrez
Buyer's Agent in 2024
Anthony Gutierrez
Realty Executives
(219) 670-5930
7 in this area
85 Total Sales
-
H
Seller's Agent in 2021
Hortencia Moreno
Coldwell Banker Real Estate Gr
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 500269
APN: 45-08-33-430-023.000-004
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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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