NOT LISTED FOR SALE

624 E 49th Ave Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $95,000 - $109,000

3 Beds
1 Bath
888 Sq Ft
$111/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $85,000 $96 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $650/month

57 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Hot Water Heating System
  • 2.5 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of April 2022

Cheaper than rent. Call this place home on your own terms. Renovated 3 bedroom, 1 bathroom ranch with 2.5 car garage. Freshly painted and new kitchen and bathroom.

Last Listed By

Laurene Lemanski

Briar Executive Realty License #RB14043334 Listed on: 01/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $438

Year Built

  • Built in 1956

Lot Details

  • 6,752 Sq Ft Lot
  • Lot Dimensions are 54 x 125

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 888 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Georgetown Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450834179050000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$438

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Co List Office Mls Id: GNR1447
  • Subdivision Name: Georgetown Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.155

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 54 x 125
  • Lot Size Sq Ft: 6752
  • Parcel #: 450834179050000004

Tax Info

  • Year: 2020
  • Tax Annual Amount: 438

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2022
Closed on
Apr 18, 2022
Sold by
Dj Vander Llc
Bought by
Teague Khatrell D
Seller's Agent
Laurene Lemanski
Briar Executive Realty
List Price
$85,000
Sold Price
$85,000
Total Days on Market
57
Current Estimated Value
$98,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,882
Avg. Annual Appreciation
5.07%
Original Mortgage
$83,460
Outstanding Balance
$79,805
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$19,077

Purchase Details

Listed on
Jan 16, 2022
Closed on
Apr 13, 2022
Sold by
Dj Vander Llc
Bought by
Teague Khatrell D
Seller's Agent
Laurene Lemanski
Briar Executive Realty
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Outstanding Balance
$79,805
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$19,077

Purchase Details

Closed on
Jul 19, 2016
Sold by
Cvd Holdings Llc
Bought by
Dj Vander Llc

Purchase Details

Closed on
Sep 2, 2015
Sold by
Cvd Holding Llc
Bought by
Dv Vander Llc

Purchase Details

Closed on
Aug 18, 2015
Sold by
Cvd Holdings Llc
Bought by
Dj Vander Llc

Purchase Details

Closed on
Jun 2, 2015
Sold by
Lewis Christopher B
Bought by
Cvd Holdings Llc

Purchase Details

Closed on
Nov 3, 2005
Sold by
Beneficial Financial Corp
Bought by
Lewis Christopher B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 7, 2004
Sold by
Onyeka Nnanna
Bought by
Beneficial Financial Corp and Benefitial Financial Corp

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Teague Khatrell D -- Chicago Title
Teague Khatrell D -- Chicago Title
Dj Vander Llc $4,500 --
Dv Vander Llc -- None Available
Dj Vander Llc -- Attorney
Cvd Holdings Llc $1,000 None Available
Lewis Christopher B -- Meridian Title Corp
Beneficial Financial Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teague Khatrell D $4,772
Open Teague Khatrell D $83,460
Closed Teague Khatrell D $83,460
Previous Owner Lewis Christopher B $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $85,000 0.0% $96 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
01/16/2022 01/16/22 For Sale $85,000 -- $96 / 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 $5,784 $87,500 $7,400 $80,100
2023 $1,654 $65,600 $7,400 $58,200
2022 $1,527 $59,600 $5,200 $54,400
2021 $510 $19,900 $5,100 $14,800
2020 $438 $17,100 $5,100 $12,000
2019 $441 $16,800 $5,000 $11,800
2018 $500 $18,600 $5,500 $13,100
2017 $514 $18,900 $5,500 $13,400
2016 $587 $22,600 $5,500 $17,100
2014 $1,729 $73,900 $6,900 $67,000
2013 -- $72,400 $6,900 $65,500
Source: Public Records

Agents Affiliated with this Home

  • Laurene Lemanski

    Seller's Agent in 2022

    Laurene Lemanski

    Briar Executive Realty

    (219) 931-4663

    16 in this area

    119 Total Sales

    Laurene Lemanski
    Section Image

  • D

    Buyer Co-Listing Agent in 2022

    Demond Ligon

    Listing Leaders Northwest

    (219) 487-0017

    6 in this area

    80 Total Sales

    Demond Ligon
    Section Image
See All Agents

Map

Similar Homes in the area

  • 4365 Carolina St, Gary, IN 46409

    $94,900

    • 2 Beds
    • 1 Bath
    • 1,120 Sq Ft
    • 4365 Carolina St
    • Gary, IN

    Investor Alert! Don't miss this fantastic cash-flowing opportunity! This charming 2-bedroom, 1-bath home offers a cozy living space and a spacious, fully fenced backyard. Currently rented for $1,050 per month with a lease in place until June 2025, this property is a turnkey investment with steady income. Schedule your showing today!

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 3705 Mississippi St, Hobart, IN 46342

    $94,900

    • 2 Beds
    • 1 Bath
    • 704 Sq Ft
    • 3705 Mississippi St
    • Hobart, IN

    Welcome Home to this delightful 2-bedroom, 1-bath home nestled in Hobart, Indiana. Perfect for first-time homebuyers, those looking to downsize, or adding to your rental portfolio! This property offers cozy living with room to grow!! The full basement offers endless possibilities--whether you want additional storage, a workshop, or potential for future living space. The fenced in yard is perfect

    Joseph Burdick Weichert Realtors - Shoreline

    Section Image
  • 2420 Maryland St, Gary, IN 46407

    $78,000

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • 2420 Maryland St
    • Gary, IN

    Charming and newly remodeled 2-bedroom, 1-bath home! This cozy property has been thoughtfully updated with a brand-new roof, siding, flooring, electrical, plumbing, and more. It's the perfect opportunity for homeownership with all the hard work already done. Located 5 minutes away from the Hard Rock Casino and next to the expressway making its location very convenient. Don't miss your chance to

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 2645 Lincoln St, Gary, IN 46407

    $87,000

    • 2 Beds
    • 1 Bath
    • 732 Sq Ft
    • 2645 Lincoln St
    • Gary, IN

    Welcome to this charming 2-bedroom, 1-bath home, perfect for a family starting their homeownership journey! The open-concept layout creates a spacious and inviting atmosphere, ideal for both everyday living and entertaining. The bright living area flows seamlessly into the kitchen, offering plenty of space to cook and gather. Each bedroom is comfortably sized, providing flexibility for growing

    Justin Hanuscin Listing Leaders

    Section Image
  • 1949 Mckinley St, Gary, IN 46404

    $109,000

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft
    • 1949 Mckinley St
    • Gary, IN

    A freshly painted, move-in ready small bungalow with a fenced-in yard and a two-car garage is waiting for you. With two bedrooms and one bath, it's cozy yet functional, perfect for a first-time homebuyer or an investor looking for a promising property. The hardwood floors throughout the living room and bedrooms add a touch of charm. The blank canvas of the basement provides endless

    Mary Aaron McColly Real Estate

    Section Image
  • 1119 Cass St, Gary, IN 46403

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,066 Sq Ft
    • 1119 Cass St
    • Gary, IN

    This inviting ranch-style home welcomes you with a bright and spacious living room that seamlessly flows into the open-concept kitchen and dining area--perfect for gatherings and everyday living. Featuring three comfortable bedrooms and an updated bathroom, this home offers both style and functionality.Outside, the well-sized lot provides plenty of space to enjoy, while the extra-wide driveway

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 730 Matthews St, Gary, IN 46406

    $99,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 730 Matthews St
    • Gary, IN

    This 2-bedroom, 1-bath home is a cash-flowing rental with current tenants paying 850 per month. Conveniently situated just minutes from the Hard Rock Casino, major highways, train stations, and only 30 minutes from downtown Chicago, this property offers both immediate income and long-term growth potential. Don't miss out on this ideally located investment!

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 5321 W 3rd Place, Gary, IN 46406

    $84,900

    • 2 Beds
    • 1 Bath
    • 775 Sq Ft
    • 5321 W 3rd Place
    • Gary, IN

    Charming 2-Bedroom, 1-Bath Home Near Train StationDiscover this cozy, well-maintained 2-bedroom, 1-bath home located just a short walk from the train station. Perfect for commuters and first-time homebuyers, this inviting property offers convenience, comfort, and charm. Don't miss out on this ideal blend of location and affordability! For investor seeking cash flow, estimated rent for this home

    Jeff McCormick McCormick Real Estate, Inc.

    Section Image
  • 4980 Washington St, Gary, IN 46408

    $79,000

    • 3 Beds
    • 1.5 Baths
    • 1,144 Sq Ft
    • 4980 Washington St
    • Gary, IN

    ****HIGHEST AND BEST DUE MONDAY FEB 24TH 11:59PM***3 Bedroom 1.5 Bath Home For Sale In Gary * Large Living Room * Separate Dining Area * 3 Nice Sized Bedrooms * Full Basement * Detached Garage * Please See Agent Remarks For Offer Submission Instructions *

    John Sandridge Eagle Pro Realty

    Section Image
See All Homes in Gary

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR506395

Northwest Indiana Association of REALTORS®

APN: 45-08-34-179-050.000-004

Indiana Lake County Gary 46409 Glen Park

624 E 49th Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 624 E 49th Ave, Gary, IN 46409 since 16 January 2022 and is currently estimated at $98,882, approximately $111 per square foot. This property was built in 1956. 624 E 49th Ave is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, 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.