5612 W 7th Ave Gary, IN 46406
Brunswick NeighborhoodEstimated Value: $48,000 - $119,000
2
Beds
1.5
Baths
1,500
Sq Ft
$49/Sq Ft
Est. Value
Highlights
- Ranch Style House
- 2 Car Attached Garage
- Living Room
- Den
- Cooling Available
- Bathroom on Main Level
About This Home
As of May 2023Whether you are looking to live in the home or you are investor, you don't want to miss this opportunity to own this beauty. With minimal renovations, this could be a source of revenue to add to your portfolio. This 2 bedroom, 1 1/2 bath home has plenty of space with 2 spacious rooms in bedroom has plenty of space with 2 spacious rooms in the basement as well as 1/2bath. Build to suit.Property sold as-is, seller will not make any repairs.
Last Agent to Sell the Property
Coldwell Banker Realty License #RB14051491 Listed on: 02/03/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- 4,008 Sq Ft Lot
- Lot Dimensions are 50x125
- Fenced
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 1,500 Sq Ft Home
- Living Room
- Den
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1.5 Bathrooms
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Gary City Estates Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 450701333014000004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2023
Closed on
May 23, 2023
Sold by
Lofton William H
Bought by
Brown Elverett
Seller's Agent
Mary Cossey
Coldwell Banker Realty
Buyer's Agent
Mary Cossey
Coldwell Banker Realty
List Price
$73,000
Sold Price
$50,000
Premium/Discount to List
-$23,000
-31.51%
Total Days on Market
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,797
Avg. Annual Appreciation
20.69%
Purchase Details
Closed on
Apr 25, 2018
Sold by
Lofton Dorothy Mae
Bought by
Lofton William H
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Elverett | $50,000 | Chicago Title | |
| Lofton William H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lofton William H | $29,700 | |
| Previous Owner | Lofton William H | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2023 05/23/23 | Sold | $50,000 | -31.5% | $33 / Sq Ft |
| 05/13/2023 05/13/23 | Pending | -- | -- | -- |
| 02/03/2023 02/03/23 | For Sale | $73,000 | -- | $49 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $4,303 | $51,100 | $5,000 | $46,100 |
| 2023 | $561 | $48,800 | $5,000 | $43,800 |
| 2022 | $561 | $47,900 | $3,200 | $44,700 |
| 2021 | $516 | $44,000 | $3,200 | $40,800 |
| 2020 | $507 | $43,200 | $3,200 | $40,000 |
| 2019 | $508 | $43,800 | $3,200 | $40,600 |
| 2018 | $575 | $48,900 | $3,200 | $45,700 |
| 2017 | $583 | $49,600 | $3,200 | $46,400 |
| 2016 | $602 | $51,800 | $3,200 | $48,600 |
| 2014 | $942 | $83,500 | $3,500 | $80,000 |
| 2013 | $920 | $83,400 | $3,400 | $80,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Cossey
Seller's Agent in 2023
Mary Cossey
Coldwell Banker Realty
(219) 313-5072
2 in this area
103 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR525672
APN: 45-07-01-333-014.000-004
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