NOT LISTED FOR SALE

670 Martin Luther King Dr Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $127,000 - $213,000

4 Beds
1 Bath
2,376 Sq Ft
$63/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $125,000 $53 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,150/month

17 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Cooling Available
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of February 2024

Introducing a stunning 4-bedroom, 1-bathroom gem, remodeled and ready to go! The thoughtfully designed interior allows for a spacious layout, providing plenty of room for relaxation and entertainment. Industrially finished basement is ready for multiple used. Conveniently located minutes from two highways, commuting is made easy as 1,2,3! Schedule your showing today!

Last Agent to Sell the Property

Jennifer Parham

Lighthouse Realty, LLC Brokerage Phone: 219-292-5109 License #RB14043161 Listed on: 12/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1947

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 125x40

Parking

  • 2 Car Detached Garage

Home Design

  • 2,376 Sq Ft Home
  • Cape Cod Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 450803432026000004

Community Details

Overview

  • No Home Owners Association
  • Gary Land Companys 13 Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,223

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1644
  • Subdivision Name: Gary Land Companys 13
  • Architectural Style: Cape Cod
  • GNR_Exterior: Brick
  • 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
  • Attribution Contact: 219-292-5109
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: None
  • Acres: 0.115

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 125x40
  • Lot Size Sq Ft: 5009
  • Parcel #: 450803432026000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 60

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2023
Closed on
Jan 29, 2024
Sold by
Love Realty Llc
Bought by
Roa Samuel and Martinez Juana
Seller's Agent
Jennifer Parham
Lighthouse Realty, LLC
List Price
$125,000
Sold Price
$125,000
Views
66
Current Estimated Value
$150,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,209
Avg. Annual Appreciation
12.76%
Original Mortgage
$121,250
Outstanding Balance
$119,226
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$30,983

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 14, 2023
Sold by
Structured Asset Securities Corporation
Bought by
Love Realty Llc
Seller's Agent
Tiffany Schuck
Vylla Home
List Price
$45,000
Sold Price
$30,000
Premium/Discount to List
-$15,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
342.19%

Purchase Details

Listed on
Jan 26, 2023
Closed on
Jan 19, 2023
Sold by
Sheriff Of Lake County
Bought by
Structured Asset Securities Corporation Mortg
Seller's Agent
Tiffany Schuck
Vylla Home
List Price
$45,000
Sold Price
$30,000
Premium/Discount to List
-$15,000
-33.33%
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
Roa Samuel $125,000 Chicago Title
Love Realty Llc $30,000 Title365
Structured Asset Securities Corporation Mortg $39,985 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roa Samuel $121,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $125,000 0.0% $53 / Sq Ft
12/09/2023 12/09/23 For Sale $125,000 +316.7% $53 / Sq Ft
02/17/2023 02/17/23 Sold $30,000 -33.3% $19 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $45,000 -- $28 / 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 $4,223 $92,900 $6,000 $86,900
2023 $60 $47,900 $5,300 $42,600
2022 $60 $46,800 $4,900 $41,900
2021 $60 $43,600 $4,900 $38,700
2020 $60 $41,300 $4,900 $36,400
2019 $60 $41,300 $4,900 $36,400
2018 $93 $43,500 $5,200 $38,300
2017 $60 $49,100 $5,200 $43,900
2016 $60 $51,200 $5,200 $46,000
2014 $137 $69,500 $6,300 $63,200
2013 $166 $71,900 $6,300 $65,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR542665

Northwest Indiana Association of REALTORS®

APN: 45-08-03-432-026.000-004