NOT LISTED FOR SALE

700 E 20th Ave Gary, IN 46407

Midtown Neighborhood

Estimated Value: $36,000 - $148,000

8 Beds
3 Baths
3,128 Sq Ft
$27/Sq Ft Est. Value

Last Sold May 13, 2014

Last sale price $16,500 $5 Per Sq Ft

Est. 454% increase in value since last sale

Current estimated payment $589/month

90 Days on Market

About This Home

As of May 2014

PRICE JUST REDUCED!!! This 3 unit is a MONEY MAKER and will pay for itself in no time, it has many possibilities! You could either live in 1 apartment while renting out the other 2 and let it pay your mortgage or rent out all 3 for rental income. This property has been very well kept, it has a 2 bedroom apartment that rents for $500 per month, 2-3 bedroom units that rent for $650 per month(one of the 3 bedroom units has a great deck). Another terrific feature in this building is that each unit has their own electric and gas meter so the tenants pays their own Nipsco and you know what that means,more money in your pocket! Don't let this one get away. Call today for an appointment!

Last Agent to Sell the Property

Chanel Harris

Harris Realty & Investments License #RB14034162 Listed on: 01/13/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 3,128 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Community Details

  • Gary Inv. Co. Subdivision
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 450810379012000004

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio
  • Co List Office Mls Id: GNR1137
  • Subdivision Name: Gary Inv. Co.
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8

Exterior Features

  • Acres: 0.13

Garage/Parking

  • Parking Features: None

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Size Sq Ft: 5663
  • ResoLotSizeUnits: Acres
  • Parcel #: 450810379012000004
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2014
Closed on
May 13, 2014
Sold by
Ohiani Jegede Gabriel G and Ohiani Jegede Benedicta B
Bought by
Walker Elihamar
Seller's Agent
Chanel Harris
Harris Realty & Investments
List Price
$16,500
Sold Price
$16,500
Total Days on Market
90
Current Estimated Value
$91,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,833
Avg. Annual Appreciation
11.44%
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
Walker Elihamar -- Fidelity National Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2014 05/13/14 Sold $16,500 0.0% $5 / Sq Ft
04/13/2014 04/13/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $16,500 -- $5 / 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 $6,666 $81,300 $6,600 $74,700
2023 $1,929 $75,600 $6,600 $69,000
2022 $1,929 $75,300 $4,400 $70,900
2021 $1,809 $70,600 $4,400 $66,200
2020 $1,750 $68,300 $4,400 $63,900
2019 $1,389 $64,200 $4,100 $60,100
2018 $1,554 $68,300 $4,400 $63,900
2017 $1,605 $69,400 $4,400 $65,000
2016 $1,650 $72,500 $4,400 $68,100
2014 $2,483 $106,100 $5,300 $100,800
2013 $2,577 $114,700 $5,300 $109,400
Source: Public Records

Agents Affiliated with this Home

  • Chanel Harris

    Seller's Agent in 2014

    Chanel Harris

    Harris Realty & Investments

    (219) 201-6139

    2 in this area

    26 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR342427

Northwest Indiana Association of REALTORS®

APN: 45-08-10-379-012.000-004

Indiana Lake County Gary 46407 Midtown

700 E 20th Ave, Gary, IN

This home is located at 700 E 20th Ave, Gary, IN 46407 since 13 January 2014 and is currently estimated at $85,333, approximately $27 per square foot. This property was built in 1964. 700 E 20th Ave is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, 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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