NOT LISTED FOR SALE

5838 W 29th Place Gary, IN 46406

Black Oak Neighborhood

Estimated Value: $49,000 - $94,000

2 Beds
1 Bath
747 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $38,000 $51 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $469/month

4 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Enclosed patio or porch
  • Ranch Style House
  • Country Kitchen
  • Living Room

About This Home

As of June 2022

Attention Investors! This home is within walking distance to the new Hard Rock casino and could be rented as-is or rehabbed for long term or short term rentals. This home has 2 bedrooms, 1 bath, newer furnace, laundry space, and a garage with fenced in backyard. The home has been freshly painted and new commercial grade carpet installed throughout. The bathroom offers new vinyl plank flooring and the kitchen also has new countertops. There is also a shed on the property for storage. If you're looking for an income property that is ready to go, this is it!

Last Listed By

Rebecca Ramon

RE/MAX Executives License #RB18001947 Listed on: 05/25/2022

RE/MAX Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $506

Year Built

  • Built in 1955

Lot Details

  • 6,665 Sq Ft Lot
  • Lot Dimensions are 50x133
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 747 Sq Ft Home
  • Living Room
  • Country Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Black Oak Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450724101027000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Co List Office Mls Id: GNR1811
  • Subdivision Name: Black Oak
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Country Kitchen
  • Basement YN: No
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed, Fence, Storage Shed
  • Acres: 0.153

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50x133
  • Lot Size Sq Ft: 6665
  • Parcel #: 450724101027000003

Tax Info

  • Year: 2020
  • Tax Annual Amount: 506

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 9, 2022
Sold by
Andy Perillo
Bought by
Chahal Nirjodh Singh
Seller's Agent
Rebecca Ramon
RE/MAX Executives
Buyer's Agent
Cherryl Schara
AIM Real Estate
List Price
$38,000
Sold Price
$38,000
Total Days on Market
4
Current Estimated Value
$71,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,607
Avg. Annual Appreciation
24.54%

Purchase Details

Closed on
Jun 10, 2009
Sold by
Federal National Mortgage Association
Bought by
Perillo Andy

Purchase Details

Closed on
May 28, 2009
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 6, 2009
Sold by
Weidemann Michael and Weidemann Jaonna M
Bought by
Bank Of America Na and Bank Of America Fsb

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
Chahal Nirjodh Singh -- Granquist Daniel W
Perillo Andy -- Statewide Title Company Inc
Federal National Mortgage Association -- None Available
Bank Of America Na $49,803 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $38,000 0.0% $51 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $38,000 -- $51 / 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 $3,701 $54,300 $5,500 $48,800
2023 $506 $43,900 $5,500 $38,400
2022 $506 $25,000 $5,800 $19,200
2021 $506 $25,000 $5,800 $19,200
2020 $506 $25,000 $5,800 $19,200
2019 $611 $25,000 $5,800 $19,200
2018 $859 $25,000 $5,800 $19,200
2017 $831 $25,000 $5,800 $19,200
2016 $798 $25,000 $5,800 $19,200
2014 $1,055 $35,700 $5,800 $29,900
2013 $1,001 $34,900 $5,800 $29,100
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Ramon

    Seller's Agent in 2022

    Rebecca Ramon

    RE/MAX

    (219) 629-4911

    1 in this area

    78 Total Sales

    Rebecca Ramon
    Section Image

  • C

    Buyer's Agent in 2022

    Cherryl Schara

    AIM Real Estate

    (219) 290-6888

    1 in this area

    11 Total Sales

    Cherryl Schara
    Section Image
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Map

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Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR513216

Northwest Indiana Association of REALTORS®

APN: 45-07-24-101-027.000-003

Indiana Lake County Gary 46406 Black Oak

5838 W 29th Place, Gary, IN

Homes for Sale in Gary, IN

This home is located at 5838 W 29th Place, Gary, IN 46406 since 25 May 2022 and is currently estimated at $71,607, approximately $95 per square foot. This property was built in 1955. 5838 W 29th Place is a home located in Lake County with nearby schools including Calumet High School and Aspire Charter Academy.

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