NOT LISTED FOR SALE

7520 Forest Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $362,000 - $500,000

3 Beds
4 Baths
2,491 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $290,000 $116 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,836/month

55 Days on Market

Highlights

  • 0.92 Acre Lot
  • Recreation Room
  • Formal Dining Room
  • Deck
  • Den
  • Country Kitchen

About This Home

As of August 2016

This executive owned quad level home is loaded with features. Double lot of approximately 1 acre has beautiful wooded rear section and landscaping in front & sides sections. Expansive deck and bridge type walkway at rear highlight outside features. Commanding views from every room due to height of the dune. Master bath has double sinks with granite tops, separate shower & toilet areas. All rooms are spacious. Living/Dining area is platformed for exceptionally elegant living. New high end kitchen. Features go on & on. Be sure to ask for a private showing. *Lowest level sq. ft. is included in total living space sq. ft. This level is mostly above grade and walks out directly to a beautiful patio.

Last Listed By

Gene Ayers

Ayers REALTORS(r) License #RB14003990 Listed on: 06/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,153

Year Built

  • Built in 1968

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 150x267
  • Sprinkler System

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Quad-Level Property
  • Brick Exterior Construction
  • Cedar Siding

Interior Spaces

  • Wet Bar
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Fireplace in Basement

Kitchen

  • Country Kitchen
  • Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet

Laundry

  • 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 450532255017000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,153

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Co List Office Mls Id: GNR203
  • Subdivision Name: Miller Beach
  • Architectural Style: Quad Level
  • GNR_Exterior: Brick,Cedar
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 2931
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_GroundLevelWalkoutBasement: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Exhaust Hood, Microwave, Refrigerator, Oven, Washer
  • Interior Amenities: Cedar Closet, Country Kitchen, Den/Office, Formal Dining, FP Lower Level, Wet Bar
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 440
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck, In Ground Sprinklers, Patio
  • Acres: 0.9194

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage Door Opener, Heated

Utilities

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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 150x267
  • Lot Size Sq Ft: 40050
  • Parcel #: 450532255017000004

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2153

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Aug 26, 2016
Sold by
Hill Jullus J and Hill Eleanor O
Bought by
Donald Rashaun
Seller's Agent
Gene Ayers
Ayers REALTORS(r)
Buyer's Agent
Lestavia Powell
Prime Real Estate / Lifstyl Re
List Price
$290,000
Sold Price
$290,000
Total Days on Market
55
Current Estimated Value
$429,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,954
Avg. Annual Appreciation
4.61%
Original Mortgage
$275,500
Outstanding Balance
$223,360
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$206,594

Purchase Details

Closed on
Apr 23, 2013
Sold by
Hill Elcanor O
Bought by
Hill Julius J and Hill Eleanor O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
3.51%
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
Donald Rashaun -- Meridian Title Corp
Hill Julius J -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donald Rashaun $35,000
Open Donald Rashaun $275,500
Previous Owner Hill Julius J $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $290,000 0.0% $116 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $290,000 -- $116 / 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 $26,477 $332,000 $58,300 $273,700
2023 $3,929 $300,300 $47,900 $252,400
2022 $3,675 $270,400 $25,800 $244,600
2021 $3,411 $251,100 $25,800 $225,300
2020 $3,367 $247,900 $25,800 $222,100
2019 $2,647 $245,300 $24,600 $220,700
2018 $2,708 $236,000 $24,600 $211,400
2017 $2,767 $236,800 $24,100 $212,700
2016 $2,252 $193,200 $24,100 $169,100
2014 $2,362 $191,800 $24,600 $167,200
2013 $2,314 $195,300 $24,600 $170,700
Source: Public Records

Agents Affiliated with this Home

  • Gene Ayers

    Seller's Agent in 2016

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    123 in this area

    139 Total Sales

    Gene Ayers
    Section Image

  • L

    Buyer's Agent in 2016

    Lestavia Powell

    Prime Real Estate / Lifstyl Re

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR395058

Northwest Indiana Association of REALTORS®

APN: 45-05-32-255-017.000-004

Indiana Lake County Gary 46403 Miller

7520 Forest Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 7520 Forest Ave, Gary, IN 46403 since 01 June 2016 and is currently estimated at $429,954, approximately $172 per square foot. This property was built in 1968. 7520 Forest Ave is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, and West Side Leadership Academy.

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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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