$91,300
SOLD APR 21, 2015
-- Bed
-- Bath
880 Sq Ft
6,186 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

265% Above List Price

33 Days on Market

About This Home

As of November 2019

This home is located at 7419 Oak Ave, Gary, IN 46403 and is currently priced at $91,300, approximately $103 per square foot. This property was built in 1951. 7419 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

Mitchell Doner

Listed on: 02/27/2015

Last Buyer's Agent

Mitch Doner

Resource Commercial R.E. License #RB14048527

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1951

Home Design

  • Duplex
  • Vinyl Siding

Additional Features

  • 6,186 Sq Ft Lot
  • Suburban Location

Community Details

  • Norcott's Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 23
  • Assessor Parcel Number 450532205004000004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,262

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1951
  • Lot Size Acres: 0.142
  • Structure Type: Duplex
  • Subdivision Name: Norcott'S Add
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: http://www.keyauctioneers.com/auction-detail/?id=248945
  • Conversion: No
  • MBR_AttributionContact: mdoner@keyauctioneers.com
  • Active Open House Count: 0
  • Special Features: Auction

Interior Features

  • Furnished: Unfurnished
  • Owner Pays: Other
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 25000

Garage/Parking

  • Unit Parking: 2 Car Garage,2 Car Space

Utilities

  • Utilities: Cable Available, Gas Nearby, Sewer Connected, Water Connected
  • Laundry Features: Other
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Suburb
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.142
  • Parcel Number: 450532205004000004
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2262
  • Tax Block: 23
  • Tax Lot: 9
  • Semi Annual Property Tax Amt: 1131
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Prince Deanna and Prince Jerome
Bought by
Lake County Trust
Current Estimated Value
$627,257

Purchase Details

Closed on
Jan 29, 2021
Sold by
Lake County Trust
Bought by
Prince Deanna and Prince Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2019
Closed on
Dec 19, 2019
Sold by
Prince Deanna and Prince Jerome
Bought by
Lake County Trust 7419
Seller's Agent
Gina Guarino
McColly Real Estate
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$470,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2019
Closed on
Nov 22, 2019
Sold by
Mitziga Robert G
Bought by
Prince Jerome and Prince Deanna
Seller's Agent
Gina Guarino
McColly Real Estate
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2006
Sold by
Karras Gregory
Bought by
Glenn Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in Gary, IN

  • 1700 Hayes St, Gary, IN 46404

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    • 6 Beds
    • 3 Baths
    • 2,950 Sq Ft
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    • Gary, IN

    INVESTMENT OPPORTUNITY! This multi unit building is waiting to be restored to its former glory. It appears to have been set up as a 4 unit previously per the 4 gas meters. It has a full basement and oversized 3 car attached garage located on a corner lot near Grant St with easy access to expressway. If done well, you could get 4,000+ in rents per month.

    Nancy Del Prado Avid Real Estate LLC

    Section Image

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed -- Meridian Title
Quit Claim Deed -- None Available
Warranty Deed -- Chicago Title Insurance Co
Deed -- Stewart Title Services North
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000 New Conventional
Previous Owner $452,000 New Conventional
Previous Owner $15,000 Credit Line Revolving
Previous Owner $470,250 New Conventional
Previous Owner $242,000 Unknown
Previous Owner $189,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $495,000 0.0% $162 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $495,000 +442.2% $162 / Sq Ft
04/21/2015 04/21/15 Sold $91,300 +265.2% $104 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $25,000 -- $28 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2023 $5,272 $414,600 $98,000 $316,600
2022 $4,196 $320,600 $27,300 $293,300
2020 $3,659 $281,300 $26,900 $254,400
2019 -- $250,400 $26,400 $224,000
2018 -- $203,700 $21,600 $182,100
2017 -- $209,000 $21,600 $187,400
2016 -- $81,800 $20,500 $61,300
2014 -- $99,400 $21,200 $78,200
2013 -- $99,300 $21,200 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21338191

MIBOR Broker Listing Cooperative®

APN: 45-05-32-205-004.000-004