NOT LISTED FOR SALE

700 W 49th Ave Unit 6 Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $118,000 - $140,784

2 Beds
1 Bath
2,250 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $105,000 $47 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $814/month

94 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Cooling Available
  • 1 Fireplace
  • 2 Car Detached Garage
  • Living Room

About This Home

As of October 2023

Welcome to 700 W 49th, a freshly rehabbed 3-bed, 1-bath brick house in Gary, Indiana. This charming home offers a tastefully updated interior with a spacious living area, new floors and fresh paint. Additional features include a side yard and garage. Conveniently located near schools, parks, and shopping centers, this home provides both comfort and convenience. Don't miss the opportunity to make this charming house your new home.

Last Agent to Sell the Property

Michael Scanlon

eXp Realty, LLC License #RB20000834 Listed on: 05/21/2023

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1950

Lot Details

  • 5,009 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,250 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 450833255025000004

Community Details

Overview

  • No Home Owners Association
  • Junedale Sub Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1732
  • Subdivision Name: Junedale Sub
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1

Exterior Features

  • Exterior Features: None
  • Acres: 0.115

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 5009
  • Lot Size Sq Ft: 5009
  • Parcel #: 450833255025000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 804

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Nalls John W and Nalls Loubertha
Bought by
Great Work Property Care Inc
Total Days on Market
94
Current Estimated Value
$125,721

Purchase Details

Listed on
May 21, 2023
Closed on
Sep 28, 2023
Sold by
City Of Gary Redevelopment Commission
Bought by
Z & D Terminals Llc
Seller's Agent
Michael Scanlon
eXp Realty, LLC
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$78,750
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2023
Closed on
Sep 27, 2023
Sold by
Lovstad Group Llc
Bought by
Nalls John W and Nalls Loubertha
Seller's Agent
Michael Scanlon
eXp Realty, LLC
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2021
Sold by
Lovstad Sandy and Lovstad Rasmus
Bought by
Lovstad Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2020
Sold by
Woosley John T
Bought by
Lovstad Sandy and Lovstad Rasmus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2015
Sold by
Us Bank
Bought by
Reo Logic Indiana Holdings Llc

Purchase Details

Closed on
Jul 7, 2015
Sold by
Robinson Craig
Bought by
Us Bank Custodian For Tlcf 2012A Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Houston Vicky A
Bought by
Robinson Craig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
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
Great Work Property Care Inc -- None Listed On Document
Z & D Terminals Llc -- None Listed On Document
Nalls John W $105,000 Chicago Title
Lovstad Group Llc -- None Available
Lovstad Sandy -- None Available
Reo Logic Indiana Holdings Llc -- None Available
Us Bank Custodian For Tlcf 2012A Llc $2,524 None Available
Robinson Craig S -- Northwest In Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nalls John W $78,750
Previous Owner Lovstad Sandy $50,000
Previous Owner Robinson Craig S $69,900
Previous Owner Houston Vicky A $9,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $105,000 -4.5% $47 / Sq Ft
05/21/2023 05/21/23 For Sale $110,000 -- $49 / 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 $5,026 $109,300 $9,000 $100,300
2023 $1,437 $57,000 $9,000 $48,000
2022 $1,394 $54,400 $6,000 $48,400
2021 $1,302 $50,800 $6,000 $44,800
2020 $1,745 $68,100 $6,000 $62,100
2019 $1,502 $68,200 $6,100 $62,100
2018 $1,750 $72,100 $6,300 $65,800
2017 $1,309 $55,700 $6,300 $49,400
2016 $1,341 $58,000 $6,300 $51,700
2014 $883 $81,300 $7,400 $73,900
2013 $858 $80,800 $7,400 $73,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Scanlon

    Seller's Agent in 2023

    Michael Scanlon

    eXp Realty, LLC

    (773) 630-9205

    1 in this area

    631 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR530762

Northwest Indiana Association of REALTORS®

APN: 45-08-33-255-025.000-004

Indiana Lake County Gary 46408 Glen Park

700 W 49th Ave Unit 6, Gary, IN

This home is located at 700 W 49th Ave Unit 6, Gary, IN 46408 since 21 May 2023 and is currently estimated at $127,946, approximately $56 per square foot. This property was built in 1950. 700 W 49th Ave Unit 6 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.

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