NOT LISTED FOR SALE

550 N Tippecanoe Place Gary, IN 46403

Miller Neighborhood

Estimated Value: $225,000 - $266,325

3 Beds
2 Baths
2,002 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $150,000 $75 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,545/month

106 Days on Market

Highlights

  • Recreation Room
  • 1 Car Attached Garage
  • Living Room
  • Main Floor Bedroom
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of May 2020

Spacious bi-level in terrific condition. Rear lot line literally adjoins the Indiana Dunes National Park, less than 3/4 of a mile to Lake Michigan beach. Close to South Shore Line.

Last Agent to Sell the Property

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 12/10/2019

Co-Listed By

Gene Ayers

Ayers REALTORS(r) License #RB14003990

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1963

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,002 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Recreation Room
  • Portable Gas Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Pottowattomi Park Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450533327016000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,258

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR203
  • Co List Office Mls Id: GNR203
  • Subdivision Name: Pottowattomi Park
  • Architectural Style: Multi-Level
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.179

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Built In, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 60x130
  • Lot Size Sq Ft: 7797
  • Parcel #: 450533327016000004

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2258

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
May 18, 2020
Sold by
Gibson Linda
Bought by
Velasquez Noe M
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$241,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,331
Avg. Annual Appreciation
7.63%
Original Mortgage
$147,283
Outstanding Balance
$132,214
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$89,430

Purchase Details

Closed on
Dec 14, 2011
Sold by
Citimortgage Inc
Bought by
Gibson Linda

Purchase Details

Closed on
Sep 2, 2011
Sold by
Bims Ellis Shirley and Monaldi Kenneth S
Bought by
Citimortgage Inc
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
Velasquez Noe M -- Meridian Title Corp
Gibson Linda -- None Available
Citimortgage Inc $69,340 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Noe M $147,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $150,000 0.0% $75 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $150,000 -- $75 / 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 $12,370 $165,900 $34,700 $131,200
2023 $1,448 $140,300 $33,800 $106,500
2022 $1,448 $120,600 $18,300 $102,300
2021 $1,336 $112,400 $18,300 $94,100
2020 $2,837 $109,900 $18,300 $91,600
2019 $2,229 $107,400 $17,400 $90,000
2018 $2,258 $102,600 $17,400 $85,200
2017 $2,299 $102,600 $17,100 $85,500
2016 $2,354 $106,600 $17,100 $89,500
2014 $2,429 $102,900 $17,400 $85,500
2013 $2,379 $105,000 $17,400 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR467017

Northwest Indiana Association of REALTORS®

APN: 45-05-33-327-016.000-004