NOT LISTED FOR SALE

7512 Oak Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $649,806 - $757,000

4 Beds
3 Baths
2,161 Sq Ft
$317/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $373,000 $173 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,516/month

Highlights

  • Sauna
  • Recreation Room
  • Den
  • Deck
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of March 2012

Pictures & words don't do justice to this remarkable home on a lakefront lot with panoramic views of Lake Michigan. Vaulted ceiling in living room, oak floors in many rooms just tickle the surface of the charm this home has to offer. Original home constructed in 1936, two story addition in 1960.

Last Listed By

Gene Ayers

Ayers REALTORS(r) License #RB14003990 Listed on: 03/05/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,287

Year Built

  • Built in 1936

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 48x228
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,161 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Sauna

Kitchen

  • Portable Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Miller Beach Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450532202013000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,287

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Co List Office Mls Id: GNR203
  • Subdivision Name: Miller Beach
  • Architectural Style: Multi-Level
  • GNR_Exterior: Aluminum Siding,Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 2161
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_GroundLevelWalkoutBasement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Portable Gas Range, Refrigerator, Washer, Range Hood
  • Interior Amenities: Wet Bar, Den/Office, Main Floor Bedroom, Main Floor Bathroom, Formal Dining, FP Living/Great Room, Finished Laundry Rm, Main Bedroom Bath, Sauna/Steam Room
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Fence, Patio, Deck
  • Acres: 0.2512

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 48x228
  • Lot Size Sq Ft: 10944
  • Parcel #: 450532202013000004

Tax Info

  • Year: 2010
  • Tax Annual Amount: 6287

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Colson Edward L and Tayl Valerie
Bought by
Colson Edward L and Colson Valerie Elizabeth
Total Days on Market
0
Current Estimated Value
$684,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,927
Outstanding Balance
$171,205
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$513,247

Purchase Details

Listed on
Mar 5, 2012
Closed on
Mar 30, 2012
Sold by
Barrett Richard W and Curry Sarah
Bought by
Colson Edward L and Taylor Valerie E
Seller's Agent
Gene Ayers
Ayers REALTORS(r)
Buyer's Agent
Gene Ayers
Ayers REALTORS(r)
List Price
$373,000
Sold Price
$373,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$250,000
Interest Rate
3.92%
Mortgage Type
New Conventional

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
Colson Edward L -- Berkshire Law Llc
Colson Edward L -- Berkshire Law Llc
Colson Edward L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colson Edward L $204,927
Closed Colson Edward L $204,927
Previous Owner Colson Edward L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $373,000 0.0% $173 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $373,000 -- $173 / 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 $45,090 $643,800 $445,300 $198,500
2023 $5,118 $511,400 $370,600 $140,800
2022 $5,118 $388,400 $234,100 $154,300
2021 $4,905 $372,800 $230,400 $142,400
2020 $6,080 $458,800 $322,600 $136,200
2019 $3,504 $344,800 $230,400 $114,400
2018 $3,295 $302,700 $193,500 $109,200
2017 $3,379 $304,300 $193,500 $110,800
2016 $3,385 $309,500 $193,500 $116,000
2014 $3,580 $300,900 $184,300 $116,600
2013 $3,426 $300,800 $184,300 $116,500
Source: Public Records

Agents Affiliated with this Home

  • Gene Ayers

    Seller's Agent in 2012

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    123 in this area

    139 Total Sales

    Gene Ayers
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR302942

Northwest Indiana Association of REALTORS®

APN: 45-05-32-202-013.000-004

Indiana Lake County Gary 46403 Miller

7512 Oak Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 7512 Oak Ave, Gary, IN 46403 since 05 March 2012 and is currently estimated at $684,452, approximately $316 per square foot. This property was built in 1936. 7512 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.

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