NOT LISTED FOR SALE

7745 Locust Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $247,000 - $413,000

2 Beds
1 Bath
2,132 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $315,000 $148 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,114/month

25 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Den
  • Living Room with Fireplace
  • No HOA
  • Cooling Available

About This Home

As of December 2023

Hoosier ranch style home 2 blocks from the beach with a basement. Walk to local pubs: Flamingo's and Beach Cafe. Screams NEW! Kitchen, bathroom, paint, trim, counter tops, cabinets, sliding glass doors to the large deck. Appliances refrigerator, stove, microwave, dishwasher all new. Hardwood floors all redone beautifully. Light and bright cathedral ceilings. Beautifully done fireplace. Full basement is partially finished, a whole other level, with washer and dryer, recess lighting. Basement is a great place to design a theater/mancave and POSSIBLE 3rd BEDROOM/OFFICE AND 2ND BATH POTENTIAL. Extra large lot- enough room to put an inground pool, wood fence and convenient carport. When you think about going to the beach and you are practically there....it is a good feeling. Besides Miller Beach is fun with alot of awesome people which gives way to a great sense of community. Marquette park on the lake is close by with a new frisbee golf course. Hear the waves from home!!!

Last Listed By

Eric Pace

BHHS Executive Realty Brokerage Phone: 219-613-3405 License #RB14051193 Listed on: 09/29/2023

BHHS Executive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 87x125
  • Fenced

Parking

  • Carport

Home Design

  • Ranch Style House

Interior Spaces

  • 2,132 Sq Ft Home
  • Living Room with Fireplace
  • Den
  • Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 450532276011000004

Community Details

Overview

  • No Home Owners Association
  • Norcotts Add Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,826

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Co List Office Mls Id: GNR121
  • Subdivision Name: Norcotts Add
  • 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: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-613-3405
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
  • Interior Amenities: Den/Office, Finished Laundry Rm, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Deck, Fence, Storage Shed
  • Acres: 0.25

Garage/Parking

  • Parking Features: Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 87x125
  • Lot Size Sq Ft: 10890
  • Parcel #: 450532276011000004
  • Zoning Description: Residential

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1826

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 29, 2023
Sold by
Milovac Dragan
Bought by
Jewett Melissa M
Seller's Agent
Eric Pace
BHHS Executive Realty
List Price
$315,000
Sold Price
$315,000
Total Days on Market
25
Views
60
Current Estimated Value
$321,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,594
Avg. Annual Appreciation
1.42%
Original Mortgage
$190,000
Outstanding Balance
$187,765
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$133,829

Purchase Details

Closed on
Jan 21, 2022
Sold by
Marina Swan Heather
Bought by
Milovac Dragan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 17, 2022
Sold by
Marina Swan Heather
Bought by
Milovac Dragan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 5, 2005
Sold by
Soller Cory L
Bought by
Swan Heather Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

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
Jewett Melissa M $315,000 None Listed On Document
Milovac Dragan -- Kvachkoff Douglas R
Milovac Dragan -- Kvachkoff Douglas R
Swan Heather Marina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jewett Melissa M $190,000
Previous Owner Milovac Dragan $140,000
Previous Owner Milovac Dragan $120,000
Previous Owner Milovac Dragan $120,000
Previous Owner Swan Heather Marina $84,675
Previous Owner Swan Heather Marina $21,800
Previous Owner Swan Heather Marina $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $315,000 0.0% $148 / Sq Ft
09/29/2023 09/29/23 For Sale $315,000 -- $148 / 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 $22,157 $318,400 $140,100 $178,300
2023 $1,679 $251,300 $170,500 $80,800
2022 $1,679 $122,900 $47,500 $75,400
2021 $1,583 $115,900 $46,700 $69,200
2020 $1,541 $112,800 $46,700 $66,100
2019 $1,334 $110,800 $46,000 $64,800
2018 $1,174 $91,200 $37,500 $53,700
2017 $1,193 $91,800 $37,500 $54,300
2016 $1,187 $92,100 $35,700 $56,400
2014 $1,765 $139,100 $36,800 $102,300
2013 $1,652 $134,300 $36,800 $97,500
Source: Public Records

Agents Affiliated with this Home

  • Eric Pace

    Seller's Agent in 2023

    Eric Pace

    BHHS Executive Realty

    (219) 613-3405

    1 in this area

    16 Total Sales

    Eric Pace
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR539476

Northwest Indiana Association of REALTORS®

APN: 45-05-32-276-011.000-004

Indiana Lake County Gary 46403 Miller

7745 Locust Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 7745 Locust Ave, Gary, IN 46403 since 29 September 2023 and is currently estimated at $321,594, approximately $150 per square foot. This property was built in 1954. 7745 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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