$38,500
SOLD NOV 18, 2016

5450 W 37th Ave Gary, IN 46408

Black Oak Neighborhood
3 Beds
1 Bath
968 Sq Ft
0.95 Acres

Recently Sold

$40 Per Sq Ft

152 Days on Market

Highlights

  • 0.95 Acre Lot
  • Main Floor Bedroom
  • Enclosed patio or porch
  • Wooded Lot
  • 1 Fireplace
  • Living Room

About This Home

As of August 2018

NEWLY UPDATED!!!! Come see this secluded and hidden diamond in the rough! Nearly located on the border of Griffith, is this custom built home on a fertile acre of land. Pictures do not do it justice, this ONE OWNER home has been well maintained and the pride of ownership is obvious as soon as you drive up. You cant beat the price for this move in ready home with even furniture being negotiable! Schedule your viewing now as this home wont last long!

Last Agent to Sell the Property

Christopher Mihajlovich

Haven Realty License #RB14051117 Listed on: 06/03/2016

Last Buyer's Agent

Larry Wilson

Home Connection Realty, Inc. License #RB14030970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,006

Year Built

  • Built in 1929

Lot Details

  • 0.95 Acre Lot
  • Landscaped
  • Wooded Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 968 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch
  • Storage Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Burr Acres Anx Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450724376029000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,006

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Landscaped, Wooded
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: Burr Acres Anx
  • Architectural Style: Other
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 480
  • 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_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer, Window/Wall Air Cond
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Enclosed, Patio, Storage Shed
  • Acres: 0.95

Garage/Parking

  • Parking Features: None

Utilities

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

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 41382
  • ResoLotSizeUnits: Acres
  • Parcel #: 450724376029000003
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2013
  • Tax Annual Amount: 39

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Aug 10, 2018
Sold by
Gonzalez Cassandra A
Bought by
Escalante Felicia C
Seller's Agent
Larry Wilson
Home Connection Realty, Inc.
Buyer's Agent
Luanne Govert
BHHS Executive Realty
List Price
$89,000
Sold Price
$89,000
Current Estimated Value
$158,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,770
Avg. Annual Appreciation
8.73%
Original Mortgage
$87,387
Outstanding Balance
$77,620
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$81,704

Purchase Details

Listed on
Jun 3, 2016
Closed on
Nov 18, 2016
Sold by
Mcphillips Sonia
Bought by
Gonzalez Cassandra A
Seller's Agent
Christopher Mihajlovich
Haven Realty
Buyer's Agent
Larry Wilson
Home Connection Realty, Inc.
List Price
$38,500
Sold Price
$38,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.32%

Purchase Details

Closed on
Jun 1, 2012
Sold by
Konowalik Nadia
Bought by
Konowalik Nadia and Nadia Konowalik Revocable Living Trust
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 Type Sale Price Title Company
Warranty Deed -- Heartland Title Svcs Inc
Trustee Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Closed $5,081 FHA
Open $87,387 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $89,000 0.0% $56 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $89,000 +131.2% $56 / Sq Ft
11/18/2016 11/18/16 Sold $38,500 0.0% $40 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $38,500 -- $40 / 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 $7,006 $88,300 $14,300 $74,000
2023 $831 $83,100 $14,300 $68,800
2022 $859 $87,600 $23,000 $64,600
2021 $809 $82,300 $23,000 $59,300
2020 $792 $80,600 $23,000 $57,600
2019 $890 $80,100 $22,500 $57,600
2018 $695 $47,100 $20,600 $26,500
2017 $729 $47,500 $20,600 $26,900
2016 $105 $40,100 $20,600 $19,500
2014 $45 $45,800 $24,200 $21,600
2013 $35 $45,200 $24,200 $21,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Larry Wilson

    Home Connection Realty, Inc.

    (219) 962-7677

    17 Total Sales

    Larry Wilson
    Section Image

  • L

    Buyer's Agent in 2018

    Luanne Govert

    BHHS Executive Realty

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR395051

Northwest Indiana Association of REALTORS®

APN: 45-07-24-376-029.000-003

Indiana Lake County Gary 46408 Black Oak

5450 W 37th Ave, Gary, IN

This home is located at 5450 W 37th Ave, Gary, IN 46408 and is currently priced at $38,500, approximately $39 per square foot. This property was built in 1929. 5450 W 37th Ave is a home located in Lake County with nearby schools including Calumet High School, Steel City Academy, and Calumet Christian 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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