NOT LISTED FOR SALE

506 W 49th Ave Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $104,000 - $171,021

3 Beds
2 Baths
1,320 Sq Ft
$105/Sq Ft Est. Value

About This Home

Pathway to homeownership!Seller is offering a 3 year lease with option to purchase. Purchase price will be $170,000, $5,100 non-refundable option fee due at move in. Up front fee is credited to the price at the time of purchase, $50 per on time payment during lease period will be credited toward the buyer's closing costs on the purchase. NOT FOR RENT ONLY.Stunning BRICK cape cod style home featuring 3 beds and 2 baths! Entering the front door you will be welcomed by your spacious living room bringing you right to your beautiful kitchen which includes new stainless steel appliances, a captivating backsplash, and granite countertops! Main level has 2 great sized bedrooms and a stunning FULL remodeled bathroom! The upper level has your 3rd bedroom with a breathtaking 3/4 bath right across the hall! To top it off you have a large unfinished basement, fenced in yard, and 2 car garage! You do not want to miss out on this prime opportunity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Preferred Homes Llc
Bought by
Housemart Inc
Current Estimated Value
$139,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
5.13%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 2, 2022
Sold by
Gates Jr James E
Bought by
Preferred Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
5.13%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Housemart Inc $52,000 --
Preferred Homes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Housemart Inc $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Rented $1,450 0.0% --
02/17/2023 02/17/23 For Rent $1,450 -- --

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 $9,990 $121,800 $10,100 $111,700
2023 $796 $113,300 $10,100 $103,200
2022 $796 $70,900 $6,800 $64,100
2021 $736 $65,700 $6,800 $58,900
2020 $698 $62,400 $6,800 $55,600
2019 $763 $62,500 $6,900 $55,600
2018 $815 $69,200 $7,000 $62,200
2017 $812 $68,300 $7,000 $61,300
2016 $837 $71,200 $7,000 $64,200
2014 $806 $75,000 $8,300 $66,700
2013 $786 $74,600 $8,300 $66,300
Source: Public Records

Agents Affiliated with this Home

  • Kyle Wade

    Seller's Agent in 2023

    Kyle Wade

    Weichert Realtors - Shoreline

    (219) 218-0759

    7 in this area

    159 Total Sales

    Kyle Wade
    Section Image
  • Steve Monsma

    Seller Co-Listing Agent in 2023

    Steve Monsma

    Weichert Realtors - Shoreline

    (219) 713-9450

    6 in this area

    121 Total Sales

    Steve Monsma
    Section Image
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Map

Indiana Lake County Gary 46408 Glen Park

506 W 49th Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 506 W 49th Ave, Gary, IN 46408 and is currently estimated at $139,255, approximately $105 per square foot. 506 W 49th Ave 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.

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