$11,000
SOLD FEB 26, 2016

7231 W 24th Ave Gary, IN 46406

Westside Neighborhood
4 Beds
3 Baths
2,592 Sq Ft
0.45 Acres

Recently Sold

$4 Per Sq Ft

23 Days on Market

About This Home

As of October 2022

Investor Alert! Good cash flow in this 3 unit property. Garage/storage for additional rent. Tenants pay gas and electric, owner pays water.

Last Listed By

Nancy Echterling

Coldwell Banker Realty License #RB14050124 Listed on: 01/04/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.45 Acre Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • 2,592 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Calumet Home Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450714152016000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Co List Office Mls Id: GNR230
  • Subdivision Name: Calumet Home Gardens
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.45

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Size Sq Ft: 19602
  • ResoLotSizeUnits: Acres
  • Parcel #: 450714152016000003
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2855

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
23
Current Estimated Value
$90,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,870
Avg. Annual Appreciation
22.53%

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
24.72%
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 -- Meridian Title
Quit Claim Deed -- None Available
Deed -- None Available
Guardian Deed -- 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

    3 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

    116 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: GNR386027

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

This home is located at 7231 W 24th Ave, Gary, IN 46406 and is currently priced at $11,000, approximately $4 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.

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