NOT LISTED FOR SALE

5616 E 3rd Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $77,000 - $160,000

3 Beds
1 Bath
1,000 Sq Ft
$119/Sq Ft Est. Value

About This Home

This home is located at 5616 E 3rd Ave, Gary, IN 46403 and is currently estimated at $118,761, approximately $118 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 11, 2023
Sold by
Dad Properties Llc
Bought by
Dad Properties Portfolio Iii Llc
Current Estimated Value
$118,761

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
$1,648,578
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,529,817

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

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.

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ICE

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First American

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Quantarium

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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
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

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 $5,422 $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

Indiana Lake County Gary 46403 Miller

5616 E 3rd Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 5616 E 3rd Ave, Gary, IN 46403 and is currently estimated at $118,761, approximately $118 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.

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.

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