5616 E 3rd Ave Gary, IN 46403
Miller NeighborhoodEstimated Value: $79,000 - $127,000
3
Beds
1
Bath
1,000
Sq Ft
$107/Sq Ft
Est. Value
About This Home
This home is located at 5616 E 3rd Ave, Gary, IN 46403 and is currently estimated at $106,662, approximately $106 per square foot. 5616 E 3rd Ave is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, and West Side Leadership Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2023
Sold by
Dad Properties Llc
Bought by
Dad Properties Portfolio Iii Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,865,500
Outstanding Balance
$1,579,211
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,472,549
Purchase Details
Closed on
Jun 8, 2022
Sold by
Leslie Dunnick
Bought by
Dad Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
5.3%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 9, 2010
Sold by
Taylor Bean & Whitaker Mortgage Corp
Bought by
Dunnick Leslie
Purchase Details
Closed on
Feb 6, 2009
Sold by
Farries James L and Farries Nancy L
Bought by
Taylor Bean & Whitaker Mortgage Corp
Purchase Details
Closed on
Feb 8, 2006
Sold by
Given Jack P and Given Joan J
Bought by
Farries James L and Farries Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Dad Properties Portfolio Iii Llc | -- | Near North Title Group | |
| Dad Properties Llc | -- | Kvachkoff Douglas R | |
| Dunnick Leslie | -- | None Available | |
| Taylor Bean & Whitaker Mortgage Corp | $11,000 | None Available | |
| Farries James L | -- | Meridian Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dad Properties Portfolio Iii Llc | $1,865,500 | |
| Previous Owner | Dad Properties Llc | $78,750 | |
| Previous Owner | Farries James L | $37,800 |
Source: Public Records
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 | $5,422 | $66,900 | $6,500 | $60,400 |
| 2023 | $897 | $61,500 | $6,500 | $55,000 |
| 2022 | $897 | $35,000 | $6,400 | $28,600 |
| 2021 | $835 | $32,600 | $6,400 | $26,200 |
| 2020 | $815 | $31,800 | $6,400 | $25,400 |
| 2019 | $696 | $31,800 | $6,400 | $25,400 |
| 2018 | $667 | $25,500 | $6,400 | $19,100 |
| 2017 | $616 | $25,700 | $6,400 | $19,300 |
| 2016 | $627 | $26,600 | $6,400 | $20,200 |
| 2014 | $606 | $25,900 | $7,000 | $18,900 |
| 2013 | $566 | $25,200 | $7,000 | $18,200 |
Source: Public Records
Map
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