NOT LISTED FOR SALE

7231 W 24th Ave Gary, IN 46406

Westside Neighborhood

Estimated Value: $55,000 - $105,000

3 Beds
4 Baths
2,546 Sq Ft
$32/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $50,000 $20 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $542/month

12 Days on Market

Highlights

  • 0.45 Acre Lot
  • Accessibility Features
  • Forced Air Heating System
  • Wood Flooring

About This Home

As of October 2022

Multi unit Great Investment! 4 Units on wooded lot. One 3 bedroom home and 2 Unit Coach Home below and above converted garage & Studio Coach Home in Rear on a wooded lot! Main home suffered a electrical FIRE in basement but the house remains in tack ripe for remodeling. The main house has 3 bedrooms large kitchen featuring a craftsman style fireplace.. on a full basement. The two story garage has been converted to both 1 bedroom apartments complete with kitchen and large living room. The studio apartment has a good kitchen and plumbing. THIS HOME HAS FIRE DAMAGE. Use caution when entering property mind the gap. HOME SOLD as is see addendum. Only seller lead disclosures available

Last Listed By

Daphne Goeders

Eagle Pro Realty License #RB14033897 Listed on: 08/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1955

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 65x300

Parking

  • Off-Street Parking

Interior Spaces

  • 2,546 Sq Ft Home
  • Elevator

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Accessible Home Design

  • Accessibility Features

Utilities

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

Community Details

  • 4 Units
  • Beverly 6Th Sub Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • The owner pays for sewer
  • Rent includes gas
  • Assessor Parcel Number 450714153016000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,780

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Road Frontage Type: Other
  • Co List Office Mls Id: NRA1663
  • Subdivision Name: Beverly 6th Sub
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: Elevator
  • Flooring: Hardwood, Linoleum
  • Basement YN: No
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.448
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gas

Lot Info

  • Lot Dimensions: 65X300
  • Lot Size Sq Ft: 19515
  • Parcel #: 450714153016000003

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Owner Pays: Sewer
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 11, 2022
Sold by
Botello Irene Yolanda
Bought by
7231 W 24Th Ave Llc
Seller's Agent
Daphne Goeders
Eagle Pro Realty
Buyer's Agent
Angela Manning
Integrity Realty Partners
List Price
$50,000
Sold Price
$50,000
Total Days on Market
12
Current Estimated Value
$82,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,484
Avg. Annual Appreciation
23.81%

Purchase Details

Closed on
Jul 1, 2016
Sold by
Lujano Angelos
Bought by
Botello Irene Yolanda

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 8, 2016
Sold by
Balint Pam and Cruse Gary
Bought by
Lujano Angelos
Seller's Agent
Nancy Echterling
Coldwell Banker Realty
List Price
$11,000
Sold Price
$11,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.08%

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
7231 W 24Th Ave Llc -- Meridian Title
Botello Irene Yolanda -- None Available
Lujano Angelos -- None Available
Lujano Angelo -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $50,000 0.0% $20 / Sq Ft
10/17/2022 10/17/22 Sold $50,000 0.0% $20 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
08/22/2022 08/22/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $50,000 0.0% $20 / Sq Ft
07/17/2022 07/17/22 For Sale $50,000 +354.5% $20 / Sq Ft
02/26/2016 02/26/16 Sold $11,000 0.0% $4 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $11,000 -- $4 / 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 $4,780 $55,800 $10,500 $45,300
2023 $1,497 $56,700 $10,500 $46,200
2022 $1,497 $74,100 $14,000 $60,100
2021 $1,391 $68,900 $14,000 $54,900
2020 $1,325 $65,500 $14,000 $51,500
2019 $1,463 $65,500 $14,000 $51,500
2018 $2,000 $65,700 $14,000 $51,700
2017 $2,035 $66,400 $14,000 $52,400
2016 $2,225 $73,200 $14,000 $59,200
2014 $2,855 $94,400 $16,500 $77,900
2013 $2,710 $92,200 $16,400 $75,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daphne Goeders

    Eagle Pro Realty

    (219) 552-4681

    2 in this area

    4 Total Sales

    Daphne Goeders
    Section Image
  • Angela Manning

    Buyer's Agent in 2022

    Angela Manning

    Integrity Realty Partners

    (219) 628-3432

    4 in this area

    110 Total Sales

    Angela Manning
    Section Image

  • N

    Seller's Agent in 2016

    Nancy Echterling

    Coldwell Banker Realty

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 517960

Northwest Indiana Association of REALTORS®

APN: 45-07-14-153-016.000-003

Indiana Lake County Gary 46406 Westside

7231 W 24th Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 7231 W 24th Ave, Gary, IN 46406 since 11 August 2022 and is currently estimated at $82,484, approximately $32 per square foot. This property was built in 1955. 7231 W 24th Ave is a home located in Lake County with nearby schools including Calumet High School and Aspire Charter 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.