7506 Locust Ave Gary, IN 46403
Miller NeighborhoodEstimated Value: $313,000 - $402,000
2
Beds
2
Baths
1,900
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- Deck
- Ranch Style House
- 2.5 Car Detached Garage
- Recreation Room
- Den
- Wet Bar
About This Home
As of October 2019Completely renovated SOLID BRICK bungalow. Prime location on the west end of Miller Beach, Locust Ave. is less than 2 blocks to the beach. There is so much to love about this home, starting with the stately fleur-de-lis wrought iron fence & brick-paver path that lead you into a cozy cottage. Great flow for entertaining both inside & out. While the character remains, this cottage has been carefully re-designed to create a functional, open-concept layout that maximizes all 1,900 sqft. Renovations include new kitchen w/ 42'' soft-close cabinets/Quartz counters/SS appl., 2 remodeled bath's, complete re-pipe, electrical updates (panel & high-end fixtures/ceiling fans), flooring (orig. hardwood refinished) wet bar, & so much more. NEWER GARAGE (2005), Roof (2014), & recent windows/tuckpointing. Come see why Miller is Chicago's hidden gem, conveniently located 50 min. to both Downtown & Michigan w/ miles of shoreline/hiking trails, the newest U.S. Nat'l Park & year-round vacation atmosphere.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,460
Year Built
- Built in 1950
Lot Details
- 6,229 Sq Ft Lot
- Lot Dimensions are 50x125
- Fenced
Parking
- 2.5 Car Detached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 1,900 Sq Ft Home
- Wet Bar
- Living Room
- Dining Room
- Den
- Recreation Room
- Laundry Room
- Basement
Kitchen
- Portable Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
Outdoor Features
- Deck
- Exterior Lighting
- Outdoor Storage
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 450532206018000004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2019
Closed on
Oct 16, 2019
Sold by
Apex Company Llc
Bought by
Wiatrak Nicholas C
Seller's Agent
Warren Reeder
Reeder Companies
List Price
$210,000
Sold Price
$210,000
Total Days on Market
60
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
$139,768
Avg. Annual Appreciation
9.54%
Original Mortgage
$189,000
Outstanding Balance
$167,386
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$182,382
Purchase Details
Closed on
Sep 7, 2018
Sold by
Jennings Michael E and Jpmorgan Chase Bank Na
Bought by
Apex Company Llc
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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 |
|---|---|---|---|
| Wiatrak Nicholas C | -- | Meridian Title Corp | |
| Apex Company Llc | $87,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wiatrak Nicholas C | $189,000 | |
| Previous Owner | Jennings Michael E | $115,995 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2019 10/16/19 | Sold | $210,000 | 0.0% | $111 / Sq Ft |
| 09/10/2019 09/10/19 | Pending | -- | -- | -- |
| 07/12/2019 07/12/19 | For Sale | $210,000 | -- | $111 / 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 | $26,451 | $293,800 | $96,100 | $197,700 |
| 2023 | $3,768 | $300,000 | $98,000 | $202,000 |
| 2022 | $2,838 | $222,400 | $27,300 | $195,100 |
| 2021 | $2,625 | $206,800 | $26,900 | $179,900 |
| 2020 | $2,528 | $199,600 | $26,900 | $172,700 |
| 2019 | $1,479 | $143,900 | $26,400 | $117,500 |
| 2018 | $2,552 | $115,300 | $21,600 | $93,700 |
| 2017 | $2,600 | $117,000 | $21,600 | $95,400 |
| 2016 | $2,643 | $120,600 | $20,500 | $100,100 |
| 2014 | $2,763 | $118,300 | $21,200 | $97,100 |
| 2013 | $1,248 | $113,500 | $21,200 | $92,300 |
Source: Public Records
Agents Affiliated with this Home
-
Warren Reeder
Seller's Agent in 2019
Warren Reeder
Reeder Companies
(219) 712-7127
4 in this area
36 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR458747
APN: 45-05-32-206-018.000-004
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