$36,500
SOLD AUG 28, 2013

7230 Locust Ave Gary, IN 46403

Miller Neighborhood
2 Beds
1 Bath
910 Sq Ft
6,142 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

45 Days on Market

About This Home

As of February 2021

Enjoy this large 2 bedroom 1 bath bi level that is only a few blocks from Lake Michigan. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

Last Agent to Sell the Property

Michele O'Connor

RE/MAX 10 Schererville License #RB14048805 Listed on: 07/12/2013

Last Buyer's Agent

Gene Ayers

Ayers REALTORS(r) License #RB14003990

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 6,142 Sq Ft Lot
  • Lot Dimensions are 49x125

Home Design

  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 910 Sq Ft Home
  • Multi-Level Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • No Utilities
  • Well

Community Details

  • Norcott's Add. Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450532204013000004

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1102
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: Norcott's Add.
  • Architectural Style: Multi-Level
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 910
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.141

Garage/Parking

  • Parking Features: None

Utilities

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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 49X125
  • Lot Size Sq Ft: 6142
  • Parcel #: 450532204013000004

Tax Info

  • Year: 2012
  • Tax Annual Amount: 1325

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 16, 2021
Sold by
Mayhercy James
Bought by
Pampel Martha Anne
Seller's Agent
Joshua Vida
Paradigm Realty Solutions, LLC
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$490,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,103
Avg. Annual Appreciation
6.59%
Original Mortgage
$292,000
Outstanding Balance
$217,919
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$272,184

Purchase Details

Closed on
Oct 18, 2019
Sold by
J Man Inc
Bought by
Mayhercy James

Purchase Details

Listed on
Jul 12, 2013
Closed on
Aug 28, 2013
Sold by
Fannie Mae
Bought by
Mayhercy James
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Gene Ayers
Ayers REALTORS(r)
List Price
$36,500
Sold Price
$36,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.94%

Purchase Details

Closed on
Apr 30, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 5, 2013
Sold by
Taylor Sahran
Bought by
Wells Fargo Bank Na
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 Type Sale Price Title Company
Warranty Deed -- Indiana Title Network Co
Quit Claim Deed -- None Available
Special Warranty Deed -- Meridian Title
Limited Warranty Deed -- None Available
Sheriffs Deed $64,683 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $365,000 0.0% $203 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
12/24/2020 12/24/20 For Sale $365,000 +900.0% $203 / Sq Ft
08/28/2013 08/28/13 Sold $36,500 0.0% $40 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $36,500 -- $40 / 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 $29,660 $345,800 $94,500 $251,300
2023 $4,425 $336,400 $96,000 $240,400
2021 $4,425 $172,600 $26,300 $146,300
2020 $4,332 $169,100 $26,300 $142,800
2019 $3,368 $165,400 $25,900 $139,500
2018 $2,460 $113,100 $21,100 $92,000
2017 $2,484 $114,900 $21,100 $93,800
2016 $2,538 $118,300 $20,100 $98,200
2014 $2,975 $127,100 $20,700 $106,400
2013 $1,332 $121,600 $20,700 $100,900
Source: Public Records

Agents Affiliated with this Home

  • Joshua Vida

    Seller's Agent in 2021

    Joshua Vida

    Paradigm Realty Solutions, LLC

    (574) 626-8432

    1 in this area

    745 Total Sales

    Joshua Vida
    Section Image

  • M

    Seller's Agent in 2013

    Michele O'Connor

    RE/MAX

  • Gene Ayers

    Buyer's Agent in 2013

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    112 in this area

    127 Total Sales

    Gene Ayers
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR332808

Northwest Indiana Association of REALTORS®

APN: 45-05-32-204-013.000-004

Indiana Lake County Gary 46403 Miller

7230 Locust Ave, Gary, IN

This home is located at 7230 Locust Ave, Gary, IN 46403 and is currently priced at $36,500, approximately $40 per square foot. This property was built in 1924. 7230 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.

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