5111 W 7th Ave Gary, IN 46406
Brunswick NeighborhoodEstimated Value: $126,000 - $206,000
3
Beds
2
Baths
2,550
Sq Ft
$60/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Main Floor Bedroom
- Living Room
- Recreation Room
- Patio
- Bathroom on Main Level
About This Home
As of August 2022Beautiful Brick Cape Cod on the city's west side. Home features hardwood floors, new windows, new roof, new kitchen, new bathrooms, new hot water heater, large recreation room with vaulted ceilings, huge main bedroom with walk-in closet and much more!
Last Agent to Sell the Property
Listing Leaders Affiliated License #RB18001745 Listed on: 05/24/2022
Last Buyer's Agent
Listing Leaders Affiliated License #RB18001745 Listed on: 05/24/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,374
Year Built
- Built in 1947
Lot Details
- 5,053 Sq Ft Lot
- Lot Dimensions are 40x1256
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
Interior Spaces
- 2,550 Sq Ft Home
- Living Room
- Recreation Room
- Basement
Kitchen
- Gas Range
- Range Hood
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
Parking
- Side Driveway
- Off-Street Parking
Outdoor Features
- Patio
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Van View & Funkey 01 Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 450701453017000004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2022
Closed on
Jul 28, 2022
Sold by
Olson Group Network Llc
Bought by
Malayappan Chandar and Ramdoss Priya
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Rebecca Olson
Listing Leaders Affiliated
List Price
$135,000
Sold Price
$135,000
Total Days on Market
42
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
$18,086
Avg. Annual Appreciation
7.02%
Original Mortgage
$101,250
Outstanding Balance
$97,571
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$66,437
Purchase Details
Listed on
May 24, 2022
Closed on
Jul 12, 2022
Sold by
Juanita Morquecho
Bought by
Olson Group Network Llc
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Rebecca Olson
Listing Leaders Affiliated
List Price
$135,000
Sold Price
$135,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Outstanding Balance
$97,571
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$66,437
Purchase Details
Listed on
Jan 6, 2021
Closed on
Aug 26, 2021
Sold by
Morquecho Juanita
Bought by
Olson Group Network Llc
Seller's Agent
Gus Morquecho
Realty Executives Premier
Buyer's Agent
Rebecca Olson
Listing Leaders Affiliated
List Price
$36,300
Sold Price
$36,300
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
304.42%
Original Mortgage
$82,000
Interest Rate
2.7%
Mortgage Type
Unknown
Similar Homes in Gary, IN
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Malayappan Chandar | -- | Kvachkoff Douglas R | |
| Olson Group Network Llc | -- | Kvachkoff Douglas R | |
| Olson Group Network Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Malayappan Chandar | $101,250 | |
| Previous Owner | Olson Group Network Llc | $82,000 | |
| Previous Owner | Morquecho Gustavo | $4,199 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2022 08/04/22 | Sold | $135,000 | 0.0% | $53 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 05/24/2022 05/24/22 | For Sale | $135,000 | +271.9% | $53 / Sq Ft |
| 08/27/2021 08/27/21 | Sold | $36,300 | 0.0% | $14 / Sq Ft |
| 07/12/2021 07/12/21 | Pending | -- | -- | -- |
| 01/06/2021 01/06/21 | For Sale | $36,300 | -- | $14 / 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 | $11,374 | $134,000 | $5,500 | $128,500 |
| 2023 | $60 | $129,000 | $5,500 | $123,500 |
| 2022 | $60 | $36,900 | $3,500 | $33,400 |
| 2021 | $60 | $34,200 | $3,500 | $30,700 |
| 2020 | $60 | $33,500 | $3,500 | $30,000 |
| 2019 | $60 | $33,500 | $3,500 | $30,000 |
| 2018 | $60 | $33,500 | $3,500 | $30,000 |
| 2017 | $60 | $39,900 | $3,500 | $36,400 |
| 2016 | $60 | $41,600 | $3,500 | $38,100 |
| 2014 | $339 | $78,700 | $3,800 | $74,900 |
| 2013 | $336 | $78,800 | $3,800 | $75,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Olson
Seller's Agent in 2022
Rebecca Olson
Listing Leaders Affiliated
(219) 384-7957
9 in this area
266 Total Sales
-
Gus Morquecho
Seller's Agent in 2021
Gus Morquecho
Realty Executives
(219) 462-2224
2 in this area
52 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR513073
APN: 45-07-01-453-017.000-004
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