7430 Locust Ave Gary, IN 46403
Miller NeighborhoodEstimated Value: $346,359 - $411,000
3
Beds
2
Baths
1,844
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Deck
- Ranch Style House
- Cedar Closet
- Recreation Room
- Den
- Cooling Available
About This Home
As of July 2022MILLER 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.
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
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
- 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
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
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,590
Avg. Annual Appreciation
3.83%
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
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Similar Homes in Gary, IN
Home Values in the Area
Average Home Value in this Area
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 | $105,600 | |
| 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
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
-
Alan Harrell
A
Seller's Agent in 2022
Alan Harrell
McColly Real Estate
45 in this area
103 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR512922
APN: 45-05-32-206-016.000-004
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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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