NOT LISTED FOR SALE

5849 W 40th Place Gary, IN 46408

Ross Neighborhood

Estimated Value: $86,894 - $94,000

2 Beds
1 Bath
748 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $87,200 $117 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $656/month

5 Days on Market

Highlights

  • No HOA
  • 2.5 Car Detached Garage
  • Outdoor Storage
  • Covered patio or porch
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Terrific Opportunity for a 1st Time Buyer or Investor. This 2 Bedroom Ranch Home with a Detached 2.5 Car Garage is Located 1 Block from Calumet New Tech High School in Unincorporated Calumet Township. This Home has Been Well Cared for Over the Years. Roof, Windows, and Siding have all been Updated.

Last Agent to Sell the Property

Joseph Rogowski

McColly Real Estate License #RB14017007 Listed on: 05/01/2024

McColly Real Estate

Last Buyer's Agent

Gregory Myricks

McColly Real Estate License #RB14038505

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1956

Lot Details

  • 8,146 Sq Ft Lot
  • Lot Dimensions are 102' x 80'

Parking

  • 2.5 Car Detached Garage

Interior Spaces

  • 748 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Calumet New Tech High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 45-07-25-152-014.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Co List Office Mls Id: NRA254
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 748
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Water Softener Owned, Washer, Refrigerator, Range
  • Interior Amenities: Other
  • Flooring: Carpet
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.187
  • Patio And Porch Features: Covered

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 102' X 80'
  • Lot Size Sq Ft: 8145.72
  • Additional Parcels: No
  • Parcel #: 45-07-25-152-014.000-001

Tax Info

  • Year: 2023
  • Tax Annual Amount: 938

MLS Schools

  • HighSchool: Calumet New Tech High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 6, 2024
Sold by
Hostetler Edward James
Bought by
Cyprian Jacob J and Steppie Chelsea A
Seller's Agent
Joseph Rogowski
McColly Real Estate
Buyer's Agent
Gregory Myricks
McColly Real Estate
List Price
$79,900
Sold Price
$87,200
Premium/Discount to List
$7,300
9.14%
Total Days on Market
5
Views
25
Current Estimated Value
$88,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,774
Avg. Annual Appreciation
1.88%
Source: Public Records

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Range of Values:

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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
Cyprian Jacob J $87,200 Community Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $87,200 +9.1% $117 / Sq Ft
05/01/2024 05/01/24 For Sale $79,900 -- $107 / 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 $1,998 $47,800 $10,500 $37,300
2023 $952 $46,900 $10,500 $36,400
2022 $952 $44,000 $7,700 $36,300
2021 $879 $40,800 $7,700 $33,100
2020 $873 $40,500 $7,700 $32,800
2019 $953 $40,000 $7,400 $32,600
2018 $1,204 $36,800 $7,000 $29,800
2017 $1,173 $35,500 $6,900 $28,600
2016 $1,210 $37,500 $6,500 $31,000
2014 $101 $41,100 $7,800 $33,300
2013 $92 $40,300 $7,800 $32,500
Source: Public Records

Agents Affiliated with this Home

  • Joseph Rogowski

    Seller's Agent in 2024

    Joseph Rogowski

    McColly Real Estate

    (219) 791-4757

    3 in this area

    148 Total Sales

    Joseph Rogowski
    Section Image

  • G

    Buyer's Agent in 2024

    Gregory Myricks

    McColly Real Estate

    (219) 201-5712

    2 in this area

    27 Total Sales

    Gregory Myricks
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 802971

Northwest Indiana Association of REALTORS®

APN: 45-07-25-152-014.000-001

Indiana Lake County Gary 46408 Ross

5849 W 40th Place, Gary, IN

This home is located at 5849 W 40th Place, Gary, IN 46408 since 01 May 2024 and is currently estimated at $88,974, approximately $118 per square foot. This property was built in 1956. 5849 W 40th Place is a home located in Lake County with nearby schools including Calumet High School, Calumet Christian School, and St Mary School.

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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