NOT LISTED FOR SALE

7632 Locust Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $278,000 - $369,000

2 Beds
2 Baths
2,160 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $50,000 $23 Per Sq Ft

Est. 529% increase in value since last sale

Current estimated payment $2,077/month

144 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Living Room
  • Ranch Style House
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of December 2013

Lovely ranch style home with a large deck (nice rear view), spacious basement just waiting for the right person to come along and transform into their dream home! Located very close to the beach!! This is a steal of a deal don't miss out just a couple of blocks away from the beach a little piece of HEAVEN!... BRING YOUR OFFER ANY OFFER WILL BE ENTERTAINED! This is a short sale property.

Last Listed By

Christie McWilliams

Redsky, LLC License #RB14040137 Listed on: 05/24/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Parking

  • 1 Car Attached Garage
  • Side Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 2,160 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Norcott's Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450532233035000004

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Co List Office Mls Id: GNR1346
  • Subdivision Name: Norcott's
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bedroom, Main Floor Bathroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.143

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Side Drive

Utilities

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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50 X 125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450532233035000004
  • Zoning Description: Residential

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 1461

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
Dec 30, 2013
Sold by
Gobek Timothy S
Bought by
Divich Nicholas Lyle
Seller's Agent
Christie McWilliams
Redsky, LLC
Buyer's Agent
Gene Ayers
Ayers REALTORS(r)
List Price
$50,000
Sold Price
$50,000
Total Days on Market
144
Current Estimated Value
$314,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,731
Avg. Annual Appreciation
17.51%
Original Mortgage
$45,000
Outstanding Balance
$34,369
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$280,362

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
Divich Nicholas Lyle -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divich Nicholas Lyle $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $50,000 0.0% $23 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $50,000 -- $23 / 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 $19,230 $245,500 $96,100 $149,400
2023 $1,710 $218,100 $98,000 $120,100
2022 $1,710 $138,500 $27,300 $111,200
2021 $1,568 $128,100 $26,900 $101,200
2020 $1,584 $129,300 $26,900 $102,400
2019 $1,324 $126,400 $26,400 $100,000
2018 $1,104 $100,400 $21,600 $78,800
2017 $1,127 $101,300 $21,600 $79,700
2016 $1,145 $103,900 $20,500 $83,400
2014 $1,441 $127,000 $21,200 $105,800
2013 $1,332 $121,600 $21,200 $100,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Christie McWilliams

    Redsky, LLC

    (219) 689-4211

    6 Total Sales

    Christie McWilliams
    Section Image
  • Gene Ayers

    Buyer's Agent in 2013

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    123 in this area

    139 Total Sales

    Gene Ayers
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR329134

Northwest Indiana Association of REALTORS®

APN: 45-05-32-233-035.000-004

Indiana Lake County Gary 46403 Miller

7632 Locust Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 7632 Locust Ave, Gary, IN 46403 since 24 May 2013 and is currently estimated at $314,731, approximately $145 per square foot. This property was built in 1954. 7632 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.

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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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