NOT LISTED FOR SALE

7305 Oak Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $709,000 - $994,000

4 Beds
3 Baths
2,996 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $535,000 $179 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,294/month

13 Days on Market

Highlights

  • Access To Lake
  • Hilly Lot
  • Ranch Style House
  • Lake View
  • Recreation Room
  • 4-minute walk to Marquette Park Playground

About This Home

As of June 2018

This home is located at 7305 Oak Ave, Gary, IN 46403 since 21 April 2018 and is currently estimated at $840,200, approximately $280 per square foot. This property was built in 1953. 7305 Oak Ave is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, and West Side Leadership Academy.

Last Agent to Sell the Property

Gene Ayers

Ayers REALTORS(r) License #RB14003990 Listed on: 04/21/2018

Co-Listed By

Nancy Del Prado

Avid Real Estate LLC License #RB14046373

Last Buyer's Agent

Gene Ayers

Ayers REALTORS(r) License #RB14003990 Listed on: 04/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,843

Year Built

  • Built in 1953

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 99x125
  • Paved or Partially Paved Lot
  • Hilly Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,996 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Lake Views
  • Basement
  • Fireplace in Basement
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Patio
  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic System
  • Cable TV Available

Community Details

  • Norcotts Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450532203007000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,843

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Hilly, Lake Access, Lake View, Paved Road
  • ResoOtherEquipment: Cable TV Hookup, Security System
  • Co List Office Mls Id: GNR203
  • Co List Office Mls Id: GNR203
  • Subdivision Name: Norcotts Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Portable Gas Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Formal Dining, FP Lower Level
  • Basement: Enclosed
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Patio, Storage
  • Acres: 0.284

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, 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: 99x125
  • Lot Size Sq Ft: 12371
  • Parcel #: 450532203007000004

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1843

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2018
Closed on
Jun 1, 2018
Sold by
Garth Steven A and Garth Carol J
Bought by
Murray Daniel M and Murray Bridgette M
Seller's Agent
Gene Ayers
Ayers REALTORS(r)
Buyer's Agent
Gene Ayers
Ayers REALTORS(r)
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$840,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,200
Avg. Annual Appreciation
8.50%
Original Mortgage
$428,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2016
Sold by
Garth Carol and Garth Steven A
Bought by
Garth Steven A and Garth Carol J

Purchase Details

Closed on
Sep 2, 2005
Sold by
Craigin Michael
Bought by
Garth Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murray Daniel M -- Meridian Title Corp
Garth Steven A -- None Available
Garth Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Daniel M $428,000
Previous Owner Garth Carol $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $535,000 0.0% $179 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $535,000 -- $179 / 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 $88,698 $551,500 $299,100 $252,400
2023 $11,880 $1,006,000 $436,600 $569,400
2022 $6,346 $478,100 $94,200 $383,900
2021 $5,912 $446,300 $94,200 $352,100
2020 $6,034 $455,200 $94,200 $361,000
2019 $4,700 $464,000 $94,200 $369,800
2018 $1,752 $160,400 $40,200 $120,200
2017 $1,824 $161,400 $40,200 $121,200
2016 $1,843 $165,000 $38,200 $126,800
2014 $2,539 $214,100 $39,400 $174,700
2013 $2,358 $207,300 $39,400 $167,900
Source: Public Records

Agents Affiliated with this Home

  • Gene Ayers

    Seller's Agent in 2018

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    112 in this area

    127 Total Sales

    Gene Ayers
    Section Image
  • Nancy Del Prado

    Seller Co-Listing Agent in 2018

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    87 in this area

    391 Total Sales

    Nancy Del Prado
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR433306

Northwest Indiana Association of REALTORS®

APN: 45-05-32-203-007.000-004

Indiana Lake County Gary 46403 Miller

7305 Oak Ave, Gary, IN

This home is located at 7305 Oak Ave, Gary, IN 46403 since 21 April 2018 and is currently estimated at $840,200, approximately $280 per square foot. This property was built in 1953. 7305 Oak 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.

Nearby Homes