NOT LISTED FOR SALE

7431 Oak Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $345,000 - $973,442

3 Beds
1 Bath
2,428 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $350,000 $144 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,262/month

38 Days on Market

Highlights

  • Recreation Room
  • Cathedral Ceiling
  • Cedar Closet
  • Ranch Style House
  • Formal Dining Room
  • Cooling Available

About This Home

As of August 2020

A solid, well-kept home with lakeviews; ideal home for year-around living or vacation getaway. Enjoy substantial improvements including NEW CENTRAL AIR & FURNACE System. Recently installed roof, soffit, fascia, gutters and gutter guards, James Hardie (fiber cement) siding, recently completed asphalt driveway, recently installed windows in some rooms & exterior doors, brick and mortar for west side of the home, patio pavers in the front and back yard, and updated tuckpointing. Interior improvements include recently completed fresh paint throughout, NEW HARDWOOD FLOORS in bedrooms, recently remodeled bathroom, and full finished basement, which offers a chance to create a full bathroom (shower present); its bonus bedroom is a big plus for a home built to entertain, but comfortably sized for everyday living. Miller Beach is located near multiple interstates and offers a Miller commuter rail stop via the South Shore Line, running from Downtown Chicago to South Bend.

Last Listed By

William Godwin

Godwin Realty Company License #RB15001235 Listed on: 06/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1955

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • Carport

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,428 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Community Details

  • Norcotts Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450532205006000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,963

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Co List Office Mls Id: GNR1603
  • Subdivision Name: Norcotts Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 200
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral/Vaulted Ceiling, Cedar Closet, Formal Dining, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Barrier Free Access, Patio, Storage Shed
  • Acres: 0.142

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6186
  • Parcel #: 450532205006000004

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2963

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 3, 2020
Sold by
Hayes Angelia
Bought by
Matrejek Michael and Sherron Rachel E
Seller's Agent
William Godwin
Godwin Realty Company
Buyer's Agent
Daren Huber
Coldwell Banker Realty
List Price
$350,000
Sold Price
$350,000
Total Days on Market
38
Current Estimated Value
$648,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,611
Avg. Annual Appreciation
13.87%
Original Mortgage
$332,500
Outstanding Balance
$298,752
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$349,859

Purchase Details

Listed on
Jun 30, 2018
Closed on
Aug 29, 2018
Sold by
Farrell Mark O and Farrell Molly O
Bought by
Hayes Angelica Sue
Seller's Agent
William Godwin
Godwin Realty Company
Buyer's Agent
Warren Reeder
Reeder Companies
List Price
$329,900
Sold Price
$329,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$279,900
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2014
Closed on
Mar 31, 2014
Sold by
Petty Dorothy
Bought by
Farrell Mark O and Farrell Molly O
Seller's Agent
Gene Ayers
Ayers REALTORS(r)
Buyer's Agent
Gene Ayers
Ayers REALTORS(r)
List Price
$174,000
Sold Price
$174,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%
Original Mortgage
$156,600
Interest Rate
4.34%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Matrejek Michael -- Fidelity National Title Co
Hayes Angelica Sue -- Fidelity National Title Co
Farrell Mark O -- Hold For Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matrejek Michael $332,500
Previous Owner Hayes Angelica Sue $279,900
Previous Owner Ofarrell Mark $156,000
Previous Owner Farrell Mark O $156,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $350,000 0.0% $144 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $350,000 +6.1% $144 / Sq Ft
08/31/2018 08/31/18 Sold $329,900 0.0% $136 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $329,900 +89.6% $136 / Sq Ft
03/31/2014 03/31/14 Sold $174,000 0.0% $88 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $174,000 -- $88 / 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 $72,325 $358,100 $96,100 $262,000
2023 $10,657 $820,300 $245,000 $575,300
2022 $5,809 $439,000 $52,900 $386,100
2021 $5,411 $409,800 $52,900 $356,900
2020 $3,748 $288,000 $52,900 $235,100
2019 $2,963 $290,700 $52,900 $237,800
2018 $1,383 $126,200 $21,600 $104,600
2017 $2,870 $130,000 $21,600 $108,400
2016 $2,914 $133,900 $20,500 $113,400
2014 $3,047 $129,900 $21,200 $108,700
2013 $2,799 $124,300 $21,200 $103,100
Source: Public Records

Agents Affiliated with this Home

  • William Godwin

    Seller's Agent in 2020

    William Godwin

    Godwin Realty Company

    (219) 916-5507

    31 in this area

    83 Total Sales

    William Godwin
    Section Image
  • Daren Huber

    Buyer's Agent in 2020

    Daren Huber

    Coldwell Banker Realty

    (760) 685-6839

    1 in this area

    214 Total Sales

    Daren Huber
    Section Image
  • Warren Reeder

    Buyer's Agent in 2018

    Warren Reeder

    Reeder Companies

    (219) 712-7127

    4 in this area

    36 Total Sales

    Warren Reeder
    Section Image
  • Gene Ayers

    Seller's Agent in 2014

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    123 in this area

    139 Total Sales

    Gene Ayers
    Section Image
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Map

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Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR475951

Northwest Indiana Association of REALTORS®

APN: 45-05-32-205-006.000-004

Indiana Lake County Gary 46403 Miller

7431 Oak Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 7431 Oak Ave, Gary, IN 46403 since 09 June 2020 and is currently estimated at $648,611, approximately $267 per square foot. This property was built in 1955. 7431 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.