NOT LISTED FOR SALE

7229 Locust Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $373,030 - $475,000

3 Beds
2 Baths
2,332 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $260,000 $111 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,663/month

141 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • 1.5 Car Attached Garage
  • Recreation Room
  • Balcony
  • Cooling Available

About This Home

As of August 2020

This STUNNING 3 bedroom, 2 bath, 2 story single family attached home with beautifully finished basement is only 2 blocks to the beach and steps from Marquette Park. 2 decks, sun room and fireplace in living room. Skylights, granite counters and sink-tops and crown moldings. High-end flooring including new Shaw carpet in living room and porcelain tile in entryway, hallway, kitchen and baths. Kitchen has new Bosch stove and dishwasher, new microwave range hood and disposal and new porcelain tile. Main bath has new marble shower, new Kingston solid brass fixtures, new porcelain tile and new vanity lights. Guest bathroom has new porcelain tile, new toilet and new shower head. New roof under back deck which is over Sun Room. Exterior painted in 2018. New C/A and new sump pump. This unit is the largest of the 10 units on Locust.

Last Listed By

Frank Ennis

McColly Real Estate License #RB14022177 Listed on: 03/11/2020

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1997

Lot Details

  • 3,267 Sq Ft Lot
  • Lot Dimensions are 26.25' x 125'

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Duplex
  • Cedar Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Recreation Room
  • Basement

Kitchen

  • Portable Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Gas Grill

Utilities

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

Community Details

  • Norcotts Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450532251010000004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,075

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Co List Office Mls Id: GNR565
  • Subdivision Name: Norcotts Add
  • Architectural Style: Duplex, Two Story
  • GNR_Exterior: Cedar
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Portable Gas Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Finished Laundry Rm, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Balcony, Deck, Gas Grill
  • Acres: 0.075

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Built In, Garage Door Opener, Off Street

Utilities

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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 26.25' x 125'
  • Lot Size Sq Ft: 3267
  • Parcel #: 450532251010000004

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2075

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Aug 28, 2020
Sold by
Wall Paulette and The Paulette Wall 2017 Trust
Bought by
Mitchell Adonus L
Seller's Agent
Frank Ennis
McColly Real Estate
List Price
$260,000
Sold Price
$260,000
Total Days on Market
141
Current Estimated Value
$405,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,258
Avg. Annual Appreciation
10.26%
Original Mortgage
$255,290
Outstanding Balance
$230,124
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$180,606

Purchase Details

Closed on
Apr 18, 2017
Sold by
Wall Paulette M
Bought by
Wall Paulette and The Paulette Wall 2017 Trust

Purchase Details

Listed on
Feb 2, 2015
Closed on
Aug 6, 2015
Sold by
Fontaine Karen A
Bought by
Well Pauiette M
Seller's Agent
Gene Ayers
Ayers REALTORS(r)
Buyer's Agent
Frank Ennis
McColly Real Estate
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$138,750
Interest Rate
4.03%
Mortgage Type
New Conventional

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
Mitchell Adonus L -- Community Title Company
Wall Paulette -- None Available
Well Pauiette M -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Adonus L $12,670
Open Mitchell Adonus L $50,000
Closed Mitchell Adonus L $54,519
Closed Mitchell Adonus L $8,834
Open Mitchell Adonus L $255,290
Previous Owner Well Pauiette M $138,750
Previous Owner Fontaine Karen A $67,000
Previous Owner Fontaine Karen A $75,000
Previous Owner Fontaine Karen A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $260,000 0.0% $111 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $260,000 +40.5% $111 / Sq Ft
08/07/2015 08/07/15 Sold $185,000 0.0% $82 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $185,000 -- $82 / 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 $28,461 $324,200 $58,900 $265,300
2023 $4,185 $322,800 $51,500 $271,300
2022 $3,439 $265,700 $14,300 $251,400
2021 $3,140 $243,700 $14,100 $229,600
2020 $2,610 $204,900 $14,100 $190,800
2019 $2,075 $202,300 $13,900 $188,400
2018 $1,727 $156,800 $11,300 $145,500
2017 $1,792 $160,100 $11,300 $148,800
2016 $1,842 $166,600 $10,800 $155,800
2014 $1,893 $162,800 $11,100 $151,700
2013 $1,772 $158,100 $11,100 $147,000
Source: Public Records

Agents Affiliated with this Home

  • Frank Ennis

    Seller's Agent in 2020

    Frank Ennis

    McColly Real Estate

    (219) 730-6680

    9 in this area

    134 Total Sales

    Frank Ennis
    Section Image
  • Gene Ayers

    Seller's Agent in 2015

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    123 in this area

    139 Total Sales

    Gene Ayers
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR471243

Northwest Indiana Association of REALTORS®

APN: 45-05-32-251-010.000-004

Indiana Lake County Gary 46403 Miller

7229 Locust Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 7229 Locust Ave, Gary, IN 46403 since 11 March 2020 and is currently estimated at $405,258, approximately $173 per square foot. This property was built in 1997. 7229 Locust 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.