NOT LISTED FOR SALE

561 E 48th Ave Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $70,576 - $97,000

2 Beds
1 Bath
925 Sq Ft
$89/Sq Ft Est. Value

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating System
  • Home Security System
  • Landscaped
  • Carpet

About This Home

As of June 2017

Beautifully updated 2 bedroom home. This home is a must see. Application required, $35 Fee. A credit, background and criminal check will be performed. Additional requirements, two current income statements (paycheck stub). There is no smoking allowed inside the house and no pets. Tenant will be responsible for all utilites, gas, electric, water and trash.

Last Agent to Rent the Property

Panagiota Papadatos

Penny P Properties, LLC License #RB14047437 Listed on: 05/17/2017

Last Renter's Agent

Non-Member Agent

Non-Member MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,363

Year Built

  • Built in 1956

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 59 x103
  • Landscaped

Interior Spaces

  • 2 Bedrooms
  • 925 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Home Security System
  • Microwave

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Georgetown Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450834179011000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,363

Year Built

Built in 1956

Lot Details

0

Rental Info

  • LeaseType: Net

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1956
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped, Level
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA1896
  • Subdivision Name: Georgetown Add
  • Above Grade Finished Sq Ft: 925
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave
  • Flooring: Carpet, Luxury Vinyl, Ceramic Tile
  • Basement YN: No
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.14
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 59 x103
  • Lot Size Sq Ft: 6098
  • Parcel #: 450834179011000004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2006
Sold by
Living Solutions Inc
Bought by
Glenpark Rentals Llc
Current Estimated Value
$82,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Glenpark Rentals Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Glenpark Rentals Llc $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2017 06/08/17 Rented $775 0.0% --
06/07/2017 06/07/17 Under Contract -- -- --
05/17/2017 05/17/17 For Rent $775 +3.3% --
03/31/2016 03/31/16 Rented $750 0.0% --
03/25/2016 03/25/16 Under Contract -- -- --
03/02/2016 03/02/16 For Rent $750 -- --
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 $2,363 $49,600 $6,900 $42,700
2023 $676 $26,800 $7,400 $19,400
2022 $658 $25,700 $5,200 $20,500
2021 $600 $23,400 $5,100 $18,300
2020 $600 $23,400 $5,100 $18,300
2019 $599 $23,100 $5,000 $18,100
2018 $650 $25,700 $5,600 $20,100
2017 $576 $21,800 $5,600 $16,200
2016 $644 $25,300 $5,600 $19,700
2014 $714 $30,500 $7,000 $23,500
2013 $670 $29,800 $7,000 $22,800
Source: Public Records

Agents Affiliated with this Home

  • Panagiota Papadatos

    Landlord's Agent in 2017

    Panagiota Papadatos

    Penny P Properties, LLC

    (219) 627-1800

    2 in this area

    39 Total Sales

    Panagiota Papadatos
    Section Image

  • N

    Tenant's Agent in 2017

    Non-Member Agent

    Non-Member MLS Office

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 414729

Northwest Indiana Association of REALTORS®

APN: 45-08-34-179-011.000-004

Indiana Lake County Gary 46409 Glen Park

561 E 48th Ave, Gary, IN

This home is located at 561 E 48th Ave, Gary, IN 46409 since 17 May 2017 and is currently priced at $82,644. This property was built in 1956. 561 E 48th Ave 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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