NOT LISTED FOR SALE

7430 Locust Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $352,000 - $431,000

3 Beds
2 Baths
1,844 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $331,000 $180 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,440/month

4 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Cedar Closet
  • Recreation Room
  • Den
  • Cooling Available

About This Home

As of July 2022

MILLER BEACH! A CHARMING 3 BEDROOM 2 BATH LAKE HOME! Great for Weekend getaways or a Primary residence. JUST 2 SHORT BLOCKS FROM THE LAKE Michigan Shoreline, Via the Putnam Street beach access path @ Oak Ave. The Home features Hardwood Floors, 1st FLOOR: Living Room W Fireplace, Kitchen, Paneled Family Room, 2 Bedrooms and 1 Full Bath. WALK OUTBASEMENT: Features another Bath, Bedroom, Media/ Seating / Gathering area, Laundry Room. Floor to Ceiling Sliding Doors downstairs opens up the lower space to Very Private Multi-Tiered Patio areas in back, Landscaped and Fenced. NEW FURNACE & H20 Heater. Great proximity to the National Lake Shore, Beaches, Dunes, Trails & Parks, Restaurant options and Nightlife @ Shelby Street & Locust. Minutes away from the Marquette Park, the Chanute Trail, the Tuskegee Air Museum and The National Park @ West beach entrance. A short drive or bike ride to the Miller Beach Arts Creative District for for a variety of Cultural Arts, Dining and Shopping options.

Last Agent to Sell the Property

Alan Harrell

McColly Real Estate License #RB14052205 Listed on: 06/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,344

Year Built

  • Built in 1948

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 49.5 x 125
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Shaker Style Exterior
  • Cedar Siding

Interior Spaces

  • 1,844 Sq Ft Home
  • Living Room with Fireplace
  • Den
  • Recreation Room
  • Walk-Out Basement
  • Home Security System
  • Washer

Kitchen

  • Portable Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet

Outdoor Features

  • Deck
  • Storage Shed

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 450532206016000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,344

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped, Nearly Level, Paved Road
  • ResoOtherEquipment: Electric Air Cleaner, Security System
  • Co List Office Mls Id: GNR266
  • Subdivision Name: Norcotts Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Cedar,Shakes
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cedar Closet, Common Rec Room, Den/Office, FP Living/Great Room
  • Basement: Walk Out
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck, Fence, Storage Shed
  • Acres: 0.143

Garage/Parking

  • Parking Features: None

Utilities

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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 49.5 x 125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450532206016000004

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3344

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 25, 2022
Sold by
Mcnulty Elizabeth C
Bought by
Hedeker Heidi
Seller's Agent
Alan Harrell
McColly Real Estate
List Price
$331,000
Sold Price
$331,000
Current Estimated Value
$387,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,176
Avg. Annual Appreciation
3.40%
Original Mortgage
$281,350
Outstanding Balance
$271,271
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$97,319

Purchase Details

Closed on
Jul 24, 2006
Sold by
Mcgowean Joe A and Mcgowean Gayle Major
Bought by
Mcnulty John W and Mcnulty Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2005
Sold by
Jarka Abigail Corso and Corso Abigail
Bought by
Mcgowean Joe A and Mcgowean Gayle Major

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
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
Hedeker Heidi -- New Title Company Name
Mcnulty John W -- Ticor Mo
Mcgowean Joe A -- Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedeker Heidi $281,350
Previous Owner Mcnulty John W $110,000
Previous Owner Mcgowean Joe A $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $331,000 0.0% $180 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $331,000 -- $180 / 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 $23,832 $290,500 $96,100 $194,400
2023 $6,776 $270,300 $98,000 $172,300
2022 $3,696 $143,900 $27,300 $116,600
2021 $3,410 $132,800 $26,900 $105,900
2020 $3,344 $130,200 $26,900 $103,300
2019 $2,616 $127,400 $26,400 $101,000
2018 $2,248 $102,800 $21,600 $81,200
2017 $2,302 $103,400 $21,600 $81,800
2016 $2,332 $106,200 $20,500 $85,700
2014 $2,987 $127,300 $21,200 $106,100
2013 $1,370 $123,000 $21,200 $101,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alan Harrell

    McColly Real Estate

    (219) 241-1556

    39 in this area

    92 Total Sales

    Alan Harrell
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR512922

Northwest Indiana Association of REALTORS®

APN: 45-05-32-206-016.000-004

Indiana Lake County Gary 46403 Miller

7430 Locust Ave, Gary, IN

This home is located at 7430 Locust Ave, Gary, IN 46403 since 10 June 2022 and is currently estimated at $387,176, approximately $209 per square foot. This property was built in 1948. 7430 Locust 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.

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