NOT LISTED FOR SALE

578 Tennessee St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $45,000 - $114,000

3 Beds
1 Bath
1,650 Sq Ft
$51/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $13,000 $8 Per Sq Ft

Est. 553% increase in value since last sale

Current estimated payment $545/month

87 Days on Market

Highlights

  • Deck
  • No HOA
  • Home Security System
  • Corner Lot
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of May 2014

Move in ready and priced to sell. This three bedroom home is located on a corner lot right off 5th street. Easy access to major highways for your commute. Very comfortable living space with a full basement. Home owner will even leave a big screen TV for the buyer.

Last Agent to Sell the Property

Edward Hickey

RE/MAX 10 Schererville License #RB14038952 Listed on: 02/03/2014

Last Buyer's Agent

Clarence Webb

Premier Region Real Estate License #RB14051393

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 4,617 Sq Ft Lot
  • Lot Dimensions are 37 x 125
  • Corner Lot

Interior Spaces

  • 2-Story Property
  • Home Security System
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 450803404021000004

Community Details

Overview

  • No Home Owners Association
  • Gary Land Co Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA2197
  • Subdivision Name: Gary Land Co
  • Above Grade Finished Sq Ft: 1100
  • Unit Levels: Two
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Dryer, Refrigerator, Washer
  • Interior Amenities: None
  • Basement: Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 550
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.106
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Covered, Deck, Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 37 x 125
  • Lot Size Sq Ft: 4617
  • Parcel #: 450803404021000004

Tax Info

  • Year: 2013
  • Tax Annual Amount: 1153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Ristevski Simon
Bought by
Dad Properties Acquisitions Llc
Current Estimated Value
$84,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2024
Sold by
Gary Property Recovery Holdings Llc
Bought by
Ristevski Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,570,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2024
Sold by
Dad Properties Acquisitions Llc
Bought by
Dad Legacy Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,570,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2024
Sold by
American Rentals Inc
Bought by
Gary Property Recovery Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,570,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2014
Closed on
May 15, 2014
Sold by
Prince Alphonso X
Bought by
American Rentals Llc
Seller's Agent
Edward Hickey
RE/MAX 10 Schererville
Buyer's Agent
Clarence Webb
Premier Region Real Estate
List Price
$13,000
Sold Price
$13,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%

Purchase Details

Closed on
Mar 2, 2012
Sold by
Guaranteed Rate Inc
Bought by
Prince Alphonso X

Purchase Details

Closed on
Apr 4, 2008
Sold by
Walker Stephen
Bought by
Guaranteed Rate Inc

Purchase Details

Closed on
Jan 9, 2007
Sold by
Parrett Douglas
Bought by
Walker Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2006
Sold by
Wells Fargo Bank Na
Bought by
Parrett Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Robinson Dorothy
Bought by
Wells Fargo Bank Na and Delta Funding Home Equity Loan Asset Bac
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
Dad Properties Acquisitions Llc $3,100,000 Near North Title
Ristevski Simon $47,500 Chicago Title Company
Dad Legacy Iii Llc -- None Listed On Document
Gary Property Recovery Holdings Llc -- Meridian Title
American Rentals Llc -- Fidelity National Title Co
Prince Alphonso X -- None Available
Guaranteed Rate Inc $56,000 None Available
Walker Stephen -- Ticor Mo
Parrett Douglas -- None Available
Wells Fargo Bank Na $26,398 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dad Properties Acquisitions Llc $5,000,000
Previous Owner Dad Legacy Iii Llc $2,570,000
Previous Owner American Rentals Llc $900,000
Previous Owner Walker Stephen $76,000
Previous Owner Parrett Douglas D $56,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $13,000 0.0% $8 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $13,000 -- $8 / 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 $3,236 $52,400 $5,600 $46,800
2023 $925 $36,700 $4,900 $31,800
2022 $904 $35,100 $4,600 $30,500
2021 $838 $32,500 $4,600 $27,900
2020 $797 $30,900 $4,600 $26,300
2019 $749 $30,900 $4,600 $26,300
2018 $818 $32,400 $4,800 $27,600
2017 $778 $33,000 $4,800 $28,200
2016 $796 $34,300 $4,800 $29,500
2014 $1,154 $49,100 $5,800 $43,300
2013 $1,138 $50,400 $5,800 $44,600
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Edward Hickey

    RE/MAX

  • Clarence Webb

    Buyer's Agent in 2014

    Clarence Webb

    Premier Region Real Estate

    (219) 805-0091

    13 Total Sales

    Clarence Webb
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 343661

Northwest Indiana Association of REALTORS®

APN: 45-08-03-404-021.000-004

Indiana Lake County Gary 46402 Downtown Gary

578 Tennessee St, Gary, IN

This home is located at 578 Tennessee St, Gary, IN 46402 since 03 February 2014 and is currently estimated at $84,942, approximately $51 per square foot. This property was built in 1925. 578 Tennessee St is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, 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.

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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