NOT LISTED FOR SALE

7727 Oak Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $334,000 - $492,000

3 Beds
2 Baths
2,376 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 05, 2019

Last sale price $279,000 $117 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,537/month

10 Days on Market

Highlights

  • Lake View
  • Ranch Style House
  • Country Kitchen
  • Recreation Room
  • Enclosed Patio or Porch
  • 1 Car Attached Garage

About This Home

As of February 2019

Miller Beach living with water views at under 300k! At less than a block to the beach, this 3 bedroom 2 bath beach cottage boasts water views, a beautifully renovated and open concept kitchen, stainless steel appliances, attached garage, enclosed front porch, walk-out basement and a custom built Amish shed. Tastefully remodeled in 2014 with shiplap and other updates, this Miller Beach beauty appropriately incorporates #beachlife while also complimenting and preserving the character and charm of the 1950s. Over 2000sqft of living space, new windows and the possibility for related living. Start the clock...this should be gone soon!

Last Agent to Sell the Property

Sam Geraci

INcoast Homes LLC License #RB18000080 Listed on: 12/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 1948

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Gated Home
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Cottage
  • Cement Siding
  • Vinyl Siding

Interior Spaces

  • 2,376 Sq Ft Home
  • Living Room
  • Recreation Room
  • Lake Views
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Country Kitchen
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Shed
  • Storage Shed

Utilities

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

Community Details

  • Norcotts Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450532228013000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,276

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake View, Paved Road, None
  • ResoOtherEquipment: Security System
  • Co List Office Mls Id: GNR1427
  • Subdivision Name: Norcotts Add
  • Architectural Style: Cottage, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Cement Block,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air,Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • 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: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Common Rec Room, Country Kitchen, Main Floor Bathroom, Main Floor Bedroom, Related Living
  • Basement: Walk Out
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Porch-Enclosed, Fence, Gated Entry, Storage Shed, Tool Shed
  • Acres: 0.143

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Off Street, Side Drive

Utilities

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

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450532228013000004

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1276

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
Feb 5, 2019
Sold by
Scheibelhut Jill M
Bought by
Raspe Kingsley A and Raspe Madeline A
Seller's Agent
Sam Geraci
INcoast Homes LLC
List Price
$279,000
Sold Price
$279,000
Current Estimated Value
$418,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,173
Avg. Annual Appreciation
6.02%
Original Mortgage
$270,630
Outstanding Balance
$236,490
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$181,683

Purchase Details

Listed on
Mar 12, 2013
Closed on
Oct 22, 2013
Sold by
Rucker Evelyn I
Bought by
Scheibelhut Jill M
Seller's Agent
Gene Ayers
Ayers REALTORS(r)
Buyer's Agent
Gene Ayers
Ayers REALTORS(r)
List Price
$135,500
Sold Price
$135,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%
Original Mortgage
$133,045
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Raspe Kingsley A -- Fidelity National Title Co
Raspe Kingsley A -- Fidelity National Title Co
Scheibelhut Jill M -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raspe Kingsley A $270,630
Closed Raspe Kingsley A $270,630
Previous Owner Scheibelhut Jill M $133,045
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2019 02/05/19 Sold $279,000 0.0% $117 / Sq Ft
12/28/2018 12/28/18 Pending -- -- --
12/18/2018 12/18/18 For Sale $279,000 +105.9% $117 / Sq Ft
10/22/2013 10/22/13 Sold $135,500 0.0% $57 / Sq Ft View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $135,500 -- $57 / 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
2025 $4,206 $334,100 $96,100 $238,000
2024 $28,990 $309,100 $96,100 $213,000
2023 $2,827 $328,800 $98,000 $230,800
2021 $2,827 $222,500 $26,900 $195,600
2020 $2,767 $214,400 $26,900 $187,500
2019 $1,669 $161,100 $26,400 $134,700
2018 $1,249 $113,400 $21,600 $91,800
2017 $1,216 $114,400 $21,600 $92,800
2016 $1,242 $117,700 $20,500 $97,200
2014 $1,351 $119,300 $21,200 $98,100
2013 $1,230 $112,500 $21,200 $91,300
Source: Public Records

Agents Affiliated with this Home

  • Sam Geraci

    Seller's Agent in 2019

    Sam Geraci

    INcoast Homes LLC

    (773) 983-1904

    34 in this area

    76 Total Sales

    Sam Geraci
    Section Image
  • Gene Ayers

    Seller's Agent in 2013

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    106 in this area

    121 Total Sales

    Gene Ayers
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR447294

Northwest Indiana Association of REALTORS®

APN: 45-05-32-228-013.000-004

Indiana Lake County Gary 46403 Miller

7727 Oak Ave, Gary, IN

Not Listed for Sale

Detached

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.

Nearby Homes