NOT LISTED FOR SALE

6040 Forest Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $268,000 - $313,000

3 Beds
2 Baths
1,623 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $225,000 $139 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,771/month

10 Days on Market

Highlights

  • River Front
  • Wood Flooring
  • 2.5 Car Detached Garage
  • Deck
  • No HOA
  • Screened Patio

About This Home

As of February 2023

LAGOON FRONTAGE - JUST 2 BLOCKS TO LAKE MICHIGAN BEACH! This 1920's 2 story offers loads of opportunity with its lagoon frontage and newer, larger homes on each side. The main floor has a kitchen, pantry, dining room, sun room with lagoon views, and large living room with fireplace and built ins. Upstairs you'll find the 3 bedrooms and full bath. The south bedroom has a balcony and the north bedroom has a sunroom with windows on 3 sides allowing for a lagoon view. The basement is ready to be built out and already has a bathroom and laundry area. With some updaing, this home could be amazing .Close to downtown Miller shops & restaurants as well as the South Shore Station and Marquette Park.

Last Agent to Sell the Property

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 12/09/2022

Co-Listed By

Gene Ayers

Ayers REALTORS(r) License #RB14003990

Last Buyer's Agent

William Godwin

Godwin Realty Company License #RB15001235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,402

Year Built

  • Built in 1925

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 60x245
  • River Front
  • Sloped Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Fixer Upper
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Home Security System
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Johnson Kennedy Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450531256014000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,402

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Paved, Sloped
  • Road Surface Type: Paved
  • Water Body Name: Lake Michigan
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA203
  • Co List Office Mls Id: NRA2306
  • Subdivision Name: Johnson Kennedy Estates
  • Above Grade Finished Sq Ft: 1473
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Basement: Interior Entry
  • Flooring: Hardwood, Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 150
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.337
  • Waterfront Features: River Front
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Screened

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 60X245
  • Lot Size Sq Ft: 14680
  • Parcel #: 450531256014000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 20, 2023
Sold by
Mosley Aaron
Bought by
Lake Forest Dunes Llc
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
William Godwin
Godwin Realty Company
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$281,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,014
Avg. Annual Appreciation
8.82%
Original Mortgage
$168,750
Outstanding Balance
$163,455
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$117,559

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 15, 2023
Sold by
Mosley Aaron
Bought by
Lake Forest Dunes Llc
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
William Godwin
Godwin Realty Company
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$163,455
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$117,559

Purchase Details

Closed on
Nov 12, 2021
Sold by
Mosley Doris A
Bought by
Mosley Aaron

Purchase Details

Closed on
Nov 24, 2020
Sold by
Thompson Samuel
Bought by
Mosley Marcus and Mosley Aaron

Purchase Details

Closed on
Nov 20, 2020
Sold by
Thompson Adrian and Estate Of Samuel Thompson
Bought by
Mosley Marcus and Mosley Aaron
Source: Public Records

Range of Values:

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Average Value
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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
Lake Forest Dunes Llc $225,000 Meridian Title
Lake Forest Dunes Llc -- Meridian Title
Mosley Aaron -- --
Mosley Marcus -- Indiana Title Network
Mosley Marcus -- Indiana Title Network Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Forest Dunes Llc $168,750
Closed Lake Forest Dunes Llc $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2023 02/22/23 Sold $225,000 0.0% $139 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $225,000 -- $139 / 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 $16,338 $236,400 $77,400 $159,000
2023 $3,555 $185,300 $73,700 $111,600
2022 $3,555 $138,600 $32,600 $106,000
2021 $3,342 $130,300 $32,600 $97,700
2020 $1,595 $130,300 $32,600 $97,700
2019 $1,359 $130,300 $32,600 $97,700
2018 $1,435 $130,300 $32,600 $97,700
2017 $1,475 $132,000 $32,600 $99,400
2016 $2,827 $129,800 $31,000 $98,800
2014 $2,943 $126,000 $32,600 $93,400
2013 $2,760 $123,000 $32,600 $90,400
Source: Public Records

Agents Affiliated with this Home

  • Nancy Del Prado

    Seller's Agent in 2023

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    87 in this area

    370 Total Sales

    Nancy Del Prado
    Section Image
  • Gene Ayers

    Seller Co-Listing Agent in 2023

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    111 in this area

    126 Total Sales

    Gene Ayers
    Section Image
  • William Godwin

    Buyer's Agent in 2023

    William Godwin

    Godwin Realty Company

    (219) 916-5507

    27 in this area

    70 Total Sales

    William Godwin
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 523668

Northwest Indiana Association of REALTORS®

APN: 45-05-31-256-014.000-004

Indiana Lake County Gary 46403 Miller

6040 Forest Ave, Gary, IN

This home is located at 6040 Forest Ave, Gary, IN 46403 since 09 December 2022 and is currently estimated at $281,014, approximately $173 per square foot. This property was built in 1925. 6040 Forest 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.

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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