NOT LISTED FOR SALE

737 E 47th Ave Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $94,000 - $123,000

3 Beds
1 Bath
960 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $115,000 $120 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $665/month

Highlights

  • No HOA
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Patio
  • 1-Story Property

About This Home

As of August 2024

Rent this all updated 3-bedroom 1 bath ranch home. As you enter the home, you will notice the vaulted ceilings, large great room perfect for entertaining, kitchen with breakfast bar, new appliances, pantry closet and black cabinets with beautiful hardware. The black and white decor and vaulted ceilings carry into the three bedrooms. The beautifully refinished bathroom adds a pop of color with the blue walls and decorative tile. Applicants must supply all documentation with the online application. Potential applicants must complete online application which consists of criminal, credit and background check, as well as paper application, provide copies of DL, SS card, last 2 check stubs, last yr w2, last 2 months bank statements and must make min 2.5 times the rental amount. Any incomplete applications will not be reviewed.

Last Agent to Rent the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 05/20/2024

Co-Listed By

Trinity McCormick

McCormick Real Estate, Inc. License #RB14034169

Last Renter's Agent

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 05/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $917

Year Built

  • Built in 1955

Lot Details

  • 6,186 Sq Ft Lot
  • Land Lease expires 6/1/24

Parking

  • 2 Parking Spaces

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Georgetown Add Subdivision

Listing and Financial Details

  • Property Available on 6/1/24
  • Tenant pays for all utilities
  • 12 Month Lease Term
  • Assessor Parcel Number 45-08-34-180-004.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$917

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Pets Allowed: Breed Restrictions, Size Limit, Dogs OK
  • Tenant Pays: All Utilities
  • Owner Pays: None
  • Available Date: 2024-06-01
  • LeaseType: Gross

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: None
  • Co List Office Mls Id: NRA1136
  • Subdivision Name: Georgetown Add
  • Above Grade Finished Sq Ft: 960
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Gas Range
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), Granite Counters, Eat-in Kitchen
  • Flooring: Tile, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: None
  • Acres: 0.142
  • Waterfront: No
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Reso Roof: Shingle

Garage/Parking

  • Parking Features: Attached Carport, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6185.52
  • Additional Parcels: No
  • Parcel #: 45-08-34-180-004.000-004

Multi Family

  • Lease Expiration: 2024-06-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
Apr 25, 2024
Sold by
Turner Franyetta
Bought by
Peter Elizabeth
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$124,000
Sold Price
$115,000
Premium/Discount to List
-$9,000
-7.26%
Views
107
Current Estimated Value
$111,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,659
Avg. Annual Appreciation
-2.22%
Original Mortgage
$109,250
Outstanding Balance
$107,677
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$3,664

Purchase Details

Listed on
Mar 16, 2024
Closed on
Apr 23, 2024
Sold by
Turner Franyetta
Bought by
Peter Elizabeth
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$124,000
Sold Price
$115,000
Premium/Discount to List
-$9,000
-7.26%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Outstanding Balance
$107,677
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$3,664

Purchase Details

Closed on
Oct 7, 2021
Sold by
Auditor Of Lake County
Bought by
Turner Franyetta
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 Buyer Sale Price Title Company
Peter Elizabeth -- Meridian Title
Peter Elizabeth $115,000 Meridian Title
Turner Franyetta $600 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peter Elizabeth $109,250
Closed Peter Elizabeth $109,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Rented $1,500 0.0% --
07/25/2024 07/25/24 Price Changed $1,500 -6.3% $2 / Sq Ft
06/25/2024 06/25/24 Price Changed $1,600 -3.0% $2 / Sq Ft
06/21/2024 06/21/24 Price Changed $1,650 -2.9% $2 / Sq Ft
05/20/2024 05/20/24 For Rent $1,700 0.0% --
04/26/2024 04/26/24 Sold $115,000 -7.3% $120 / Sq Ft View Prior Sale
03/24/2024 03/24/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $124,000 -- $129 / 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 $917 $52,100 $6,800 $45,300
2023 $208 $10,400 $7,800 $2,600
2022 $208 $8,100 $5,400 $2,700
2021 $510 $19,900 $5,300 $14,600
2020 $635 $24,800 $5,300 $19,500
2019 $1,238 $24,400 $5,200 $19,200
2018 $1,143 $27,200 $5,800 $21,400
2017 $592 $27,400 $5,800 $21,600
2016 $913 $39,300 $5,800 $33,500
2014 $1,135 $48,500 $7,200 $41,300
2013 $1,063 $47,300 $7,300 $40,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Del Prado

    Seller's Agent in 2024

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    97 in this area

    371 Total Sales

    Nancy Del Prado
    Section Image
  • Jeff McCormick

    Landlord's Agent in 2024

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    62 in this area

    709 Total Sales

    Jeff McCormick
    Section Image
  • Trinity McCormick

    Landlord's Co-Listing Agent in 2024

    Trinity McCormick

    McCormick Real Estate, Inc.

    (219) 613-6464

    1 in this area

    19 Total Sales

    Trinity McCormick
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 803983

Northwest Indiana Association of REALTORS®

APN: 45-08-34-180-004.000-004

Indiana Lake County Gary 46409 Glen Park

737 E 47th Ave, Gary, IN

This home is located at 737 E 47th Ave, Gary, IN 46409 since 20 May 2024 and is currently priced at $111,341. This property was built in 1955. 737 E 47th Ave is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, 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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