NOT LISTED FOR SALE

509 E Ridge Rd Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $105,000 - $164,000

5 Beds
2 Baths
2,947 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $160,000 $54 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $941/month

57 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property

About This Home

As of June 2024

MOTIVATED SELLER AND NEW PRICE IMPROVEMENT!Welcome to this spacious and completely remodeled 5 bedroom 1 3/4 bathroom home! This home features brand new flooring throughout, remodeled kitchen and bathrooms, along with a massive, partially finished basement! The home offers over 2000 sq ft of living space and a updated fireplace in the living room as well. Seller recently just installed BRAND NEW Furnace and AC Unit as well! Come view this beautiful home today!

Last Agent to Sell the Property

Adrian Alvarez

Realty Executives Premier License #RB22000130 Listed on: 03/20/2024

Realty Executives Premier

Co-Listed By

Alex Nickla

Realty Executives Premier License #RB15001048

Last Buyer's Agent

Alexis Shupe

Listing Leaders License #RB23000825

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,609

Year Built

  • Built in 1924

Lot Details

  • 6,839 Sq Ft Lot
  • Lot Dimensions are 50x137

Home Design

  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • No Home Owners Association
  • Highland Park Add 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-08-27-130-008.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,609

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1830
  • Subdivision Name: Highland Park Add 02
  • Above Grade Finished Sq Ft: 1647
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Built-in Features
  • Basement: Interior Entry, Partially Finished
  • Flooring: Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1300
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Acres: 0.157
  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Gas
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50x137
  • Lot Size Sq Ft: 6838.92
  • Parcel #: 45-08-27-130-008.000-004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 7, 2024
Sold by
Rodriguez Luis
Bought by
Bobzcyk Amanda and Quiros Anthony
Seller's Agent
Adrian Alvarez
Realty Executives Premier
Buyer's Agent
Alexis Shupe
Listing Leaders
List Price
$179,990
Sold Price
$160,000
Premium/Discount to List
-$19,990
-11.11%
Total Days on Market
57
Views
334
Current Estimated Value
$142,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,224
Avg. Annual Appreciation
3.03%
Original Mortgage
$9,600
Outstanding Balance
$9,520
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$155,371

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 20, 2023
Sold by
Searcy John B
Bought by
Rodriguez Luis
Seller's Agent
Manny Hernandez
Simplify Your Move! Realty Inc
Buyer's Agent
Ed Del Real
McColly Real Estate
List Price
$80,000
Sold Price
$57,000
Premium/Discount to List
-$23,000
-28.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
218.89%

Purchase Details

Listed on
Nov 16, 2019
Closed on
Jan 16, 2020
Sold by
Federal National Mortgage Association
Bought by
Searcy John B
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Tammey Hale
Ms Hale Realty, LLC
List Price
$12,000
Sold Price
$12,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.68%

Purchase Details

Closed on
Oct 4, 2019
Sold by
Clontz Randy and Clontz Cindy
Bought by
Federal National Mortgage Association
Source: Public Records

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Range of Values:

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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
Bobzcyk Amanda $160,000 Meridian Title
Rodriguez Luis $57,000 Fidelity National Title
Searcy John B -- Indylegal Title
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobzcyk Amanda $9,600
Open Bobzcyk Amanda $154,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $160,000 -5.9% $54 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $169,990 -2.9% $58 / Sq Ft
05/01/2024 05/01/24 Price Changed $174,990 -2.8% $59 / Sq Ft
03/20/2024 03/20/24 For Sale $179,990 +215.8% $61 / Sq Ft
07/24/2023 07/24/23 Sold $57,000 -28.8% $35 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $80,000 +566.7% $49 / Sq Ft
01/16/2020 01/16/20 Sold $12,000 0.0% $7 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
11/16/2019 11/16/19 For Sale $12,000 -- $7 / 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 $9,046 $92,300 $7,500 $84,800
2023 $2,587 $102,600 $7,700 $94,900
2022 $2,504 $97,600 $5,800 $91,800
2021 $2,293 $89,400 $5,800 $83,600
2020 $2,293 $89,400 $5,800 $83,600
2019 $976 $87,400 $5,800 $81,600
2018 $1,015 $87,400 $5,800 $81,600
2017 $1,149 $98,600 $5,800 $92,800
2016 $1,186 $102,900 $5,800 $97,100
2014 $1,153 $102,900 $6,300 $96,600
2013 $1,087 $100,000 $6,300 $93,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Adrian Alvarez

    Realty Executives

    (219) 256-2153

    2 in this area

    44 Total Sales

    Adrian Alvarez
    Section Image
  • Alex Nickla

    Seller Co-Listing Agent in 2024

    Alex Nickla

    Realty Executives

    (219) 510-7199

    7 in this area

    646 Total Sales

    Alex Nickla
    Section Image
  • Alexis Shupe

    Buyer's Agent in 2024

    Alexis Shupe

    Listing Leaders

    (219) 242-6617

    1 in this area

    4 Total Sales

    Section Image
  • Manny Hernandez

    Seller's Agent in 2023

    Manny Hernandez

    Simplify Your Move! Realty Inc

    (219) 613-3567

    25 in this area

    412 Total Sales

    Manny Hernandez
    Section Image
  • Ed Del Real

    Buyer's Agent in 2023

    Ed Del Real

    McColly Real Estate

    (708) 214-4744

    3 in this area

    187 Total Sales

    Ed Del Real
    Section Image

  • M

    Seller's Agent in 2020

    Michele O'Connor

    RE/MAX

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 801058

Northwest Indiana Association of REALTORS®

APN: 45-08-27-130-008.000-004

Indiana Lake County Gary 46409 Glen Park

509 E Ridge Rd, Gary, IN

This home is located at 509 E Ridge Rd, Gary, IN 46409 since 20 March 2024 and is currently estimated at $142,776, approximately $48 per square foot. This property was built in 1924. 509 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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