NOT LISTED FOR SALE

7624 Locust Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $273,000 - $363,000

3 Beds
2 Baths
2,000 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 06, 2015

Last sale price $77,750 $39 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $1,998/month

107 Days on Market

Highlights

  • Recreation Room
  • Cooling Available
  • Living Room
  • Ranch Style House
  • Patio
  • Bathroom on Main Level

About This Home

As of May 2015

Just sink into the comforts of this welcoming residence. This home features 3 bedrooms and 1.75 baths. For sheer convenience, there is nothing like this finished walk-out basement. Take advantage of every pleasant day with the patio. All the comforts of home! Commuter friendly location & Close to local shopping, Schools & Recreation! This is a Fannie Mae Homepath property.

Last Listed By

Peter LaSalle

Listing Leaders License #RB14037664 Listed on: 12/05/2014

Listing Leaders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1953

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Living Room
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Portable Electric Range
  • Microwave
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • No Utilities

Community Details

  • Norcotts Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450532233034000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,282

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Co List Office Mls Id: GNR1234
  • Subdivision Name: Norcotts
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Dishwasher, Portable Electric Range, Microwave
  • Interior Amenities: Common Rec Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Walk Out
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence, Patio
  • Acres: 0.143

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450532233034000004

Tax Info

  • Year: 2014
  • Tax Annual Amount: 1282

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2015
Sold by
Divich Daniel A and Divich Sandra L
Bought by
Prance Shane Michael
Total Days on Market
107
Current Estimated Value
$304,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,546
Outstanding Balance
$101,955
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$202,165

Purchase Details

Listed on
Dec 5, 2014
Closed on
May 6, 2015
Sold by
Fannie Mae
Bought by
Divich Daniel A and Divich Sandra L
Seller's Agent
Peter LaSalle
Listing Leaders
Buyer's Agent
Melody Neagu
McColly Real Estate
List Price
$77,750
Sold Price
$77,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%
Original Mortgage
$69,975
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2014
Sold by
Kostantios Katherine L and Carlton Katherine L
Bought by
Federal National Mortgage Association

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
Prance Shane Michael -- Attorney
Divich Daniel A -- None Available
Federal National Mortgage Association $98,283 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prance Shane Michael $127,546
Previous Owner Divich Daniel A $69,975
Previous Owner Kostantios Katherine L $27,000
Previous Owner Carlton Katherine L $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2015 05/06/15 Sold $77,750 0.0% $39 / Sq Ft
03/22/2015 03/22/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $77,750 -- $39 / 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 $18,833 $235,900 $96,100 $139,800
2023 $1,651 $213,600 $98,000 $115,600
2022 $1,651 $134,300 $27,300 $107,000
2021 $1,513 $124,200 $26,900 $97,300
2020 $1,543 $126,400 $26,900 $99,500
2019 $1,294 $123,600 $26,400 $97,200
2018 $1,094 $99,500 $21,600 $77,900
2017 $1,114 $100,100 $21,600 $78,500
2016 $1,132 $102,700 $20,500 $82,200
2014 $1,219 $107,400 $21,200 $86,200
2013 -- $102,900 $21,200 $81,700
Source: Public Records

Agents Affiliated with this Home

  • Peter LaSalle

    Seller's Agent in 2015

    Peter LaSalle

    Listing Leaders

    (941) 350-0651

    2 in this area

    251 Total Sales

    Peter LaSalle
    Section Image
  • Melody Neagu

    Buyer's Agent in 2015

    Melody Neagu

    McColly Real Estate

    (219) 588-0744

    6 in this area

    44 Total Sales

    Melody Neagu
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR361983

Northwest Indiana Association of REALTORS®

APN: 45-05-32-233-034.000-004

Indiana Lake County Gary 46403 Miller

7624 Locust Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 7624 Locust Ave, Gary, IN 46403 since 05 December 2014 and is currently estimated at $304,120, approximately $152 per square foot. This property was built in 1953. 7624 Locust 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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