NOT LISTED FOR SALE

5333 W 41st Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $83,000 - $122,661

2 Beds
1 Bath
964 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $75,000 $78 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $681/month

38 Days on Market

Highlights

  • 2.5 Acre Lot
  • Country Kitchen
  • Patio
  • No HOA
  • 2 Car Attached Garage
  • Accessibility Features

About This Home

As of November 2021

Just Reduced! This property has great potential! It sits on 2.5 acres with a 2 car garage! The roof, electrical, furnace and AC, water-softener, hot water heater and plumbing are all newer and in working order. The home can be lived in as it is! It is in need of updates / renovations! The property is within walking distance to Calumet High School and close to food and shopping! If you are ambitious and looking for a good investment, here it is! Buyer to verify all measurements. Property is being sold AS IS.

Last Agent to Sell the Property

Teresa Bakke

Inspiring Home Sales License #RB17000617 Listed on: 08/19/2021

Last Buyer's Agent

Nicole Milford

Compass Indiana, LLC License #RB14052457

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $312

Year Built

  • Built in 1939

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 164.3' x 660.1'
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 964 Sq Ft Home
  • 1-Story Property

Kitchen

  • Country Kitchen
  • Electric Range
  • Microwave
  • Freezer

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Grissom Elementary School
  • Calumet New Tech High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Additional Features

  • Accessibility Features
  • Patio

Community Details

  • No Home Owners Association
  • Gary Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450725401001000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$312

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Level, Open Lot, Wooded
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA2260
  • Subdivision Name: Gary
  • Above Grade Finished Sq Ft: 964
  • Reso Accessibility Features: Enhanced Accessible
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Grain Storage
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • AccessibilityFeaturesYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Range, Freezer, Microwave, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Country Kitchen, Primary Downstairs
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 2.5
  • Construction Type: Aluminum Siding, Asphalt
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 164.3' x 660.1'
  • Lot Size Sq Ft: 108900
  • Parcel #: 450725401001000001

Tax Info

  • Year: 2020
  • Tax Annual Amount: 312

MLS Schools

  • HighSchool: Calumet New Tech High School
  • Elementary School: Grissom Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Nov 18, 2021
Sold by
Cloud Ramon L and Cloud Kimberly R
Bought by
Pennington Joey A
Seller's Agent
Teresa Bakke
Inspiring Home Sales
Buyer's Agent
Nicole Milford
Compass Indiana, LLC
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$104,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,415
Avg. Annual Appreciation
10.50%
Original Mortgage
$71,250
Outstanding Balance
$66,105
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$41,657
Source: Public Records

Range of Values:

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Average Value
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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
Pennington Joey A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Joey Allen $35,000
Open Pennington Joey A $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $75,000 0.0% $78 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $75,000 -- $78 / 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 $3,382 $80,900 $28,800 $52,100
2023 $31 $79,400 $28,800 $50,600
2022 $154 $72,500 $22,400 $50,100
2021 $104 $64,400 $22,400 $42,000
2020 $177 $64,000 $22,400 $41,600
2019 $312 $62,900 $21,700 $41,200
2018 $297 $57,700 $20,600 $37,100
2017 $283 $56,800 $20,100 $36,700
2016 $251 $55,300 $19,000 $36,300
2014 $216 $61,500 $22,900 $38,600
2013 $190 $60,000 $22,900 $37,100
Source: Public Records

Agents Affiliated with this Home

  • Teresa Bakke

    Seller's Agent in 2021

    Teresa Bakke

    Inspiring Home Sales

    (219) 627-2142

    2 in this area

    27 Total Sales

    Teresa Bakke
    Section Image
  • Nicole Milford

    Buyer's Agent in 2021

    Nicole Milford

    Compass Indiana, LLC

    (630) 251-0382

    2 in this area

    512 Total Sales

    Nicole Milford
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 498589

Northwest Indiana Association of REALTORS®

APN: 45-07-25-401-001.000-001

Indiana Lake County Gary 46408 Ross

5333 W 41st Ave, Gary, IN

This home is located at 5333 W 41st Ave, Gary, IN 46408 since 19 August 2021 and is currently estimated at $104,415, approximately $108 per square foot. This property was built in 1939. 5333 W 41st Ave is a home located in Lake County with nearby schools including Calumet High School, Calumet Christian School, and St Mary School.

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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