NOT LISTED FOR SALE

560 E 47th Place Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $71,000 - $104,000

3 Beds
1 Bath
925 Sq Ft
$95/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $25,000 $27 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $679/month

3 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Country Kitchen
  • 1-Story Property
  • Satellite Dish

About This Home

As of March 2021

Investment property. Great ROI.

Last Agent to Sell the Property

Michelle Cowling

@properties/Christie's Intl RE License #RB14039517 Listed on: 01/04/2021

@properties/Christie's Intl RE

Last Buyer's Agent

Jennifer Parham

Lighthouse Realty, LLC License #RB14043161

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $579

Year Built

  • Built in 1957

Lot Details

  • 5,700 Sq Ft Lot
  • Lot Dimensions are 60 x 95
  • Fenced

Home Design

  • Fixer Upper

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Country Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Georgetown Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$579

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Level, Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Georgetown
  • Above Grade Finished Sq Ft: 925
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Country Kitchen, Primary Downstairs
  • Flooring: Luxury Vinyl, Tile
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.1309
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 60 x 95
  • Lot Size Sq Ft: 5700

Tax Info

  • Year: 2019
  • Tax Annual Amount: 579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 16, 2021
Sold by
Ffamc
Bought by
Bell Properties And Designs Llc
Seller's Agent
Michelle Cowling
@properties/Christie's Intl RE
Buyer's Agent
Jennifer Parham
Lighthouse Realty, LLC
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$87,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,568
Avg. Annual Appreciation
32.54%

Purchase Details

Closed on
Jun 17, 2011
Sold by
Exum Harold and Exum Hattie
Bought by
Ffamc

Purchase Details

Closed on
Mar 27, 2007
Sold by
Felty Gerald
Bought by
Exum Harold and Exum Hattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
9.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2007
Sold by
U S Bank Na
Bought by
Felty Gerald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
9.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2006
Sold by
Gaal Joseph A and Gaal Melissa A
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 25, 2005
Sold by
Lake County Trust Co
Bought by
Gaal Joseph A and Gaal Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
9.55%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bell Properties And Designs Llc -- Chicago Title Insurance Co
Ffamc -- Meridian Title Corp
Exum Harold -- Counselors Title Co Llc
Felty Gerald C -- Prism Title & Closing Servic
Us Bank Na $48,772 None Available
Gaal Joseph A -- Netco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Properties And Designs Ll $87,000
Previous Owner Exum Harold $65,700
Previous Owner Gaal Joseph A $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $25,000 0.0% $27 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $25,000 -- $27 / 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 $2,425 $44,600 $6,400 $38,200
2023 $676 $27,500 $7,300 $20,200
2022 $676 $26,400 $5,100 $21,300
2021 $615 $24,000 $5,000 $19,000
2020 $615 $24,000 $5,000 $19,000
2019 $579 $23,700 $4,900 $18,800
2018 $663 $26,300 $5,500 $20,800
2017 $738 $29,300 $5,500 $23,800
2016 $906 $37,600 $5,500 $32,100
2014 $1,055 $45,100 $6,800 $38,300
2013 $986 $43,900 $6,800 $37,100
Source: Public Records

Agents Affiliated with this Home

  • Michelle Cowling

    Seller's Agent in 2021

    Michelle Cowling

    @ Properties

    (219) 306-0573

    2 in this area

    92 Total Sales

    Michelle Cowling
    Section Image
  • Jennifer Parham

    Buyer's Agent in 2021

    Jennifer Parham

    Lighthouse Realty, LLC

    (219) 306-4165

    12 in this area

    69 Total Sales

    Jennifer Parham
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 486584

Northwest Indiana Association of REALTORS®

APN: 45-08-34-176-027.000-004

Indiana Lake County Gary 46409 Glen Park

560 E 47th Place, Gary, IN

This home is located at 560 E 47th Place, Gary, IN 46409 since 04 January 2021 and is currently estimated at $87,568, approximately $94 per square foot. This property was built in 1957. 560 E 47th Place is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, 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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