NOT LISTED FOR SALE

5503 E 10th Ave Gary, IN 46403

Aetna Neighborhood

Estimated Value: $81,000 - $104,000

2 Beds
1 Bath
750 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $76,000 $101 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $559/month

15 Days on Market

Highlights

  • Ranch Style House
  • Country Kitchen
  • Bathroom on Main Level
  • No HOA
  • Home Security System
  • 4-minute walk to June Labroi Park

About This Home

As of September 2023

Excellent starter home or investment opportunity near Miller Beach and the South Shore Line, where double tracking is fast approaching. Quick convenience to US12-20, I65, I80/94 with nearby grocery store, convenience stores, and restaurants. Quaint home, recently rehabbed and well maintained. Includes appliances! Efficient, updated living space at a great price! Easy to show.

Last Agent to Sell the Property

William Godwin

Godwin Realty Company Brokerage Phone: 219-916-5507 License #RB15001235 Listed on: 07/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 1953

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 47x120
  • Level Lot

Home Design

  • 750 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 450907130007000004

Community Details

Overview

  • No Home Owners Association
  • Aetna Manor 03 Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,083

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level
  • ResoOtherEquipment: Cable TV Hookup, Security System
  • Co List Office Mls Id: GNR1603
  • Subdivision Name: Aetna Manor 03
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: 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: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-916-5507
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Country Kitchen, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.129

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 47x120
  • Lot Size Sq Ft: 5619
  • Parcel #: 450907130007000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1083

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Sep 18, 2023
Sold by
Snap Enterprises Llc
Bought by
Gates Benjamin
Seller's Agent
William Godwin
Godwin Realty Company
List Price
$79,900
Sold Price
$76,000
Premium/Discount to List
-$3,900
-4.88%
Views
3
Current Estimated Value
$85,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,608
Avg. Annual Appreciation
6.51%
Original Mortgage
$71,440
Outstanding Balance
$70,324
Interest Rate
6.96%
Mortgage Type
Construction
Estimated Equity
$15,193

Purchase Details

Closed on
Jan 5, 2021
Sold by
Martin Joseph L
Bought by
Snapp Enterprises Llc

Purchase Details

Listed on
Jun 13, 2019
Closed on
Nov 8, 2019
Sold by
Hunter Joshua
Bought by
Martin Joseph L
Seller's Agent
Cherryl Schara
AIM Real Estate
Buyer's Agent
William Godwin
Godwin Realty Company
List Price
$39,500
Sold Price
$39,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Original Mortgage
$38,315
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2019
Closed on
Oct 9, 2019
Sold by
It S Garys Time Inc
Bought by
Hunter Joshua
Seller's Agent
Cherryl Schara
AIM Real Estate
Buyer's Agent
William Godwin
Godwin Realty Company
List Price
$39,500
Sold Price
$39,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,315
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2014
Sold by
Reo Logic Indiana Holdings Llc
Bought by
Its Gary Time Inc

Purchase Details

Closed on
Jul 2, 2012
Sold by
Unit Rehab Llc
Bought by
Reo Logic Indiana Holdings Llc

Purchase Details

Closed on
May 8, 2012
Sold by
Williams James Terrell
Bought by
Unit Rehab Llc
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
Gates Benjamin $76,000 Fidelity National Title
Snapp Enterprises Llc -- None Available
Martin Joseph L -- Fidelity National Title Co
Hunter Joshua $2,000 None Available
Its Gary Time Inc -- Attorney
Reo Logic Indiana Holdings Llc -- None Available
Unit Rehab Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gates Benjamin $71,440
Previous Owner Martin Joseph L $38,315
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $76,000 -4.9% $101 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/23/2023 07/23/23 For Sale $79,900 +102.3% $107 / Sq Ft
11/08/2019 11/08/19 Sold $39,500 0.0% $53 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $39,500 -- $53 / 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 $3,544 $58,400 $5,900 $52,500
2023 $1,022 $40,200 $5,900 $34,300
2022 $1,022 $39,900 $5,900 $34,000
2021 $974 $38,000 $5,900 $32,100
2020 $1,025 $40,000 $5,900 $34,100
2019 $338 $13,900 $5,100 $8,800
2018 $725 $12,800 $4,700 $8,100
2017 $309 $12,900 $4,700 $8,200
2016 $313 $13,300 $4,700 $8,600
2014 $372 $15,900 $5,600 $10,300
2013 $355 $15,800 $5,600 $10,200
Source: Public Records

Agents Affiliated with this Home

  • William Godwin

    Seller's Agent in 2023

    William Godwin

    Godwin Realty Company

    (219) 916-5507

    6 in this area

    81 Total Sales

    Section Image

  • C

    Seller's Agent in 2019

    Cherryl Schara

    AIM Real Estate

    (219) 290-6888

    2 in this area

    10 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR534024

Northwest Indiana Association of REALTORS®

APN: 45-09-07-130-007.000-004

Indiana Lake County Gary 46403 Aetna

5503 E 10th Ave, Gary, IN

This home is located at 5503 E 10th Ave, Gary, IN 46403 since 23 July 2023 and is currently estimated at $89,124, approximately $118 per square foot. This property was built in 1953. 5503 E 10th Ave is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, 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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