NOT LISTED FOR SALE

5540 W 44th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $192,000 - $209,000

3 Beds
1.5 Baths
1,224 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $180,000 $147 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,520/month

72 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Cooling Available
  • Ranch Style House
  • Great Room
  • Laundry Room

About This Home

As of May 2023

$500.00 BONUS FOR AN OFFER THAT CLOSES BY APRIL 30,2023. THIS IS A hidden GEM!!!! NOT a Diamond in the rough !!! All new from the exterior to the interior. (new includes studs, joists, underlayment,drywall, new roof, thermopane windows insulation, vinyl wood look flooring, carpeting, cabinets, sinks, lights, trim, all bathroom fixtures, Windows, doors, Hot Water heater, Furnace, Central Air) you name it.DEAD END street, very little traffic with serene surroundings.This is definitely a must sell !!!!

Last Agent to Sell the Property

AJ Le Jeune

AJ, REALTORS, Inc. License #RB14007862 Listed on: 02/01/2023

Last Buyer's Agent

Derek Durish

Haven Realty License #RB21001205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $285

Year Built

  • Built in 1959

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 126x76
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • Side Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • Great Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Portable Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System
  • TV Antenna

Additional Features

  • Handicap Accessible
  • Deck

Community Details

  • J R Brants 45 Ave Gardens Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450725382003000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$285

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Nearly Level, Paved Road
  • ResoOtherEquipment: TV Antenna
  • Co List Office Mls Id: GNR610
  • Subdivision Name: J R Brants 45 Ave Gardens
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Hood, Portable Gas Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Barrier Free Access, Finished Laundry Rm, FP Living/Great Room, Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.21

Garage/Parking

  • Parking Features: Side Drive

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 126x76
  • Lot Size Sq Ft: 9148
  • ResoLotSizeUnits: Acres
  • Parcel #: 450725382003000001
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 285

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
May 10, 2023
Sold by
Gearhart Gerald
Bought by
Mayes Deanna Lee
Seller's Agent
AJ Le Jeune
AJ, REALTORS, Inc.
Buyer's Agent
Derek Durish
Haven Realty
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$197,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,957
Avg. Annual Appreciation
4.09%
Original Mortgage
$174,600
Outstanding Balance
$169,683
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$28,274

Purchase Details

Listed on
Feb 1, 2023
Closed on
May 8, 2023
Sold by
Gearhart Gerald
Bought by
Mayes Deanna Lee
Seller's Agent
AJ Le Jeune
AJ, REALTORS, Inc.
Buyer's Agent
Derek Durish
Haven Realty
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Outstanding Balance
$169,683
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$28,274

Purchase Details

Closed on
Nov 21, 2019
Sold by
Aaron Co Inc
Bought by
Gearhart Gerald

Purchase Details

Closed on
May 18, 2005
Sold by
Lewis Norma Lee and Brewer Karen Sue
Bought by
Aaron Co Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mayes Deanna Lee -- Greater Indiana Title Company
Mayes Deanna Lee $180,000 Greater Indiana Title Company
Gearhart Gerald -- None Available
Aaron Co Inc -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayes Deanna Lee $174,600
Closed Mayes Deanna Lee $174,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $180,000 -2.7% $147 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $185,000 -- $151 / 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 $5,695 $151,600 $14,400 $137,200
2023 $210 $133,700 $14,400 $119,300
2022 $210 $21,000 $14,100 $6,900
2021 $200 $20,500 $14,100 $6,400
2020 $181 $20,400 $14,100 $6,300
2019 $269 $19,700 $13,500 $6,200
2018 $605 $64,700 $12,800 $51,900
2017 $618 $18,500 $12,800 $5,700
2016 $612 $18,400 $12,600 $5,800
2014 $535 $18,300 $12,900 $5,400
2013 $509 $18,200 $12,800 $5,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    AJ Le Jeune

    AJ, REALTORS, Inc.

  • Derek Durish

    Buyer's Agent in 2023

    Derek Durish

    Haven Realty

    (708) 704-0958

    2 in this area

    74 Total Sales

    Derek Durish
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR525507

Northwest Indiana Association of REALTORS®

APN: 45-07-25-382-003.000-001

Indiana Lake County Gary 46408 Ross

5540 W 44th Ave, Gary, IN

This home is located at 5540 W 44th Ave, Gary, IN 46408 since 01 February 2023 and is currently estimated at $197,957, approximately $161 per square foot. This property was built in 1959. 5540 W 44th 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.

Nearby Homes