NOT LISTED FOR SALE

5060 Pennsylvania St Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $38,770 - $134,000

2 Beds
1 Bath
780 Sq Ft
$84/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $32,500 $42 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $414/month

119 Days on Market

Highlights

  • Ranch Style House
  • Bathroom on Main Level
  • Paved or Partially Paved Lot
  • Living Room
  • Forced Air Heating System
  • 4-minute walk to Pittman Square Park

About This Home

As of June 2023

Calling all INVESTORS! Great REHAB opportunity but NOT a total gut! All appliances stay! Sold As Is. Cash only.

Last Agent to Sell the Property

Christina Fieldhouse

@properties/Christie's Intl RE License #RB14050140 Listed on: 01/18/2023

@properties/Christie's Intl RE

Last Buyer's Agent

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $240

Year Built

  • Built in 1949

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 40 x 125
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 780 Sq Ft Home
  • Living Room
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Basement Cellar

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Broadhurst Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450834306024000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$240

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR2041
  • Subdivision Name: Broadhurst
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 780
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Cellar
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.115

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 40 x 125
  • Lot Size Sq Ft: 5009
  • Parcel #: 450834306024000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 240

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Jun 6, 2023
Sold by
Merritt Jeremiah
Bought by
Vandertuin Ronald
Seller's Agent
Christina Fieldhouse
@properties/Christie's Intl RE
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$43,000
Sold Price
$32,500
Premium/Discount to List
-$10,500
-24.42%
Current Estimated Value
$65,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,193
Avg. Annual Appreciation
21.76%

Purchase Details

Closed on
Jan 5, 2016
Sold by
U S Bank Trust N A
Bought by
Merritt Jeremiah

Purchase Details

Closed on
Jul 23, 2015
Sold by
Hodges Peter J
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Jul 28, 2006
Sold by
Noerenberg Jacqueline P
Bought by
Hodges Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
8.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 29, 2005
Sold by
Red Brick Investment
Bought by
Noerenberg Jacqueline P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 10, 2005
Sold by
Litos Minas E
Bought by
Red Brick Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2005
Sold by
Old Canal Financial
Bought by
Litos Minas E

Purchase Details

Closed on
May 10, 2005
Sold by
Bank One Na
Bought by
Old Canal Financial Corp

Purchase Details

Closed on
Jan 7, 2005
Sold by
Dowdy James A
Bought by
Bank One Na
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
Vandertuin Ronald $32,500 Proper Title
Merritt Jeremiah $1,150 Attorney
Us Bank Trust Na -- Attorney
Hodges Peter J -- Indiana Title Network Co
Noerenberg Jacqueline P -- Meridian Title Corp
Red Brick Investments -- Meridian Title Corp
Litos Minas E -- Royal Title Services
Old Canal Financial Corp -- --
Bank One Na $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodges Peter J $54,400
Previous Owner Noerenberg Jacqueline P $41,600
Previous Owner Red Brick Investments $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $32,500 -24.4% $42 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $43,000 -- $55 / 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 $2,090 $23,600 $6,000 $17,600
2023 $264 $23,700 $5,500 $18,200
2022 $264 $23,000 $3,800 $19,200
2021 $240 $20,900 $3,700 $17,200
2020 $246 $21,500 $3,700 $17,800
2019 $531 $21,300 $3,700 $17,600
2018 $608 $23,700 $4,100 $19,600
2017 $592 $23,900 $4,100 $19,800
2016 $336 $24,800 $4,100 $20,700
2014 $637 $59,500 $5,100 $54,400
2013 $615 $58,500 $5,100 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR525030

Northwest Indiana Association of REALTORS®

APN: 45-08-34-306-024.000-004