NOT LISTED FOR SALE

7301 Locust Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $370,000 - $406,000

3 Beds
2 Baths
2,254 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $337,500 $150 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,736/month

44 Days on Market

Highlights

  • Above Ground Pool
  • Recreation Room
  • Ranch Style House
  • Deck
  • Wooded Lot
  • Sun or Florida Room

About This Home

As of July 2021

Miller Beach Escape! REDUCED! Lots this size are priced at 200k plus alone! Just steps to Lake Michigan and Marquette Park, this lovable 3 bed, 2 bath beach cottage with hardwood floors, knotty pine walls, a fireplace, a 2 car garage and a side drive is situated on a double lot and even has a POOL! With over 2200 finished sqft, a lot size over 12300sqft, plenty of parking and storage, an updated kitchen, new appliances and an ideal four-season room overlooking the pool, there isn't anything like this gem anywhere near the Lake. Garage roof replaced in 2021; Flat Roof on home replaced in 2020; and all kitchen appliances purchased new in 2020! Furnace, AC, Hot Water Heater, Electric and all other systems functioning well! As a primary home, this is an ideal location. As an investment property, the going rate is roughly $2600/week! Sellers are motivated and the Market is HOT! Easy to show! This will not last!

Last Agent to Sell the Property

Sam Geraci

INcoast Homes LLC License #RB18000080 Listed on: 04/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1954

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 99 x 125
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Cottage
  • Cement Siding
  • Vinyl Siding

Interior Spaces

  • 2,254 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Screened Porch
  • Natural lighting in basement

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

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

Accessible Home Design

  • Handicap Accessible

Pool

  • Above Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Patio

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 450532251012000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,736

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road, Wooded, Other
  • ResoOtherEquipment: Pool Equipment
  • Co List Office Mls Id: GNR2033
  • Subdivision Name: Norcotts Add
  • Architectural Style: Cottage, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Cement Block,Vinyl
  • GNR_UnfinishedSquareFootage: 500
  • 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: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Refrigerator
  • Interior Amenities: Barrier Free Access, Formal Dining, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom, Sun Room
  • Basement: Daylight
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Above Ground Pool, Barrier Free Access, Deck, Fence, Patio, Porch Screened
  • Acres: 0.284

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Off Street, Side Drive

Utilities

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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 99 x 125
  • Lot Size Sq Ft: 12371
  • Parcel #: 450532251012000004

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1736

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jul 12, 2021
Sold by
Mccarthy Jeanne and Mccarthy Ginger
Bought by
Swenney Mary K and Jansma Andrew
Seller's Agent
Sam Geraci
INcoast Homes LLC
List Price
$337,500
Sold Price
$337,500
Current Estimated Value
$390,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,144
Avg. Annual Appreciation
3.26%
Original Mortgage
$270,000
Outstanding Balance
$243,384
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$147,260
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Swenney Mary K -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swenney Mary K $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $337,500 0.0% $150 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $337,500 -- $150 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $8,454 $360,000 $149,600 $210,400
2024 $33,266 $338,400 $149,600 $188,800
2023 $8,131 $377,300 $194,000 $183,300
2022 $8,131 $317,000 $54,000 $263,000
2021 $2,247 $178,300 $53,200 $125,100
2020 $2,159 $171,900 $53,200 $118,700
2019 $1,736 $168,300 $52,400 $115,900
2018 $1,500 $135,900 $42,700 $93,200
2017 $1,535 $137,100 $42,700 $94,400
2016 $1,549 $140,000 $40,600 $99,400
2014 $1,609 $139,700 $41,900 $97,800
2013 $1,496 $134,700 $41,900 $92,800
Source: Public Records

Agents Affiliated with this Home

  • Sam Geraci

    Seller's Agent in 2021

    Sam Geraci

    INcoast Homes LLC

    (773) 983-1904

    33 in this area

    74 Total Sales

    Sam Geraci
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR491257

Northwest Indiana Association of REALTORS®

APN: 45-05-32-251-012.000-004

Indiana Lake County Gary 46403 Miller

7301 Locust Ave, Gary, IN

Not Listed for Sale

Detached

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