NOT LISTED FOR SALE

7801 Oak Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $305,757 - $422,000

4 Beds
3 Baths
1,506 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $240,000 $159 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,449/month

109 Days on Market

About This Home

As of April 2021

Miller Beach - Reach for the Beach. 3 unit apartment, up on Oak Ave, overlooking Lake Michigan. Has hardwood floors.. Capture the view. Walk to the beach. A money maker with $2,525 income per month, $30,300 a year. Tenants pay their own utilities, owner pays water. ALL APPLIANCES STAY

Last Agent to Sell the Property

Joe Casko

McColly Real Estate License #RB14023227 Listed on: 12/10/2020

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,358

Year Built

  • Built in 1920

Lot Details

  • 6,229 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 1,506 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 450532232001000004

Community Details

Overview

  • 3 Units
  • Norcotts Add Subdivision

Amenities

  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,358

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio
  • Co List Office Mls Id: GNR256
  • Subdivision Name: Norcotts Add
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.143

Garage/Parking

  • Parking Features: Off Street, None

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Size Sq Ft: 6229
  • Parcel #: 450532232001000004

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Bryan Casey A
Bought by
Rousis Casey
Current Estimated Value
$347,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Outstanding Balance
$225,374
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$122,315

Purchase Details

Listed on
Dec 10, 2020
Closed on
Apr 28, 2021
Sold by
Duvall Scott
Bought by
Bryan Casey A
Seller's Agent
Joe Casko
McColly Real Estate
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$180,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2014
Closed on
Nov 14, 2014
Sold by
Kendig James
Bought by
Duvall Scott
Seller's Agent
Gene Ayers
Ayers REALTORS(r)
List Price
$87,000
Sold Price
$87,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.01%

Purchase Details

Closed on
Feb 12, 2001
Sold by
Desmond Irene
Bought by
Renslow Robert
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
Rousis Casey -- National Title Solutions Inc
Bryan Casey A -- Community Title Co
Duvall Scott -- Meridian Title Corp
Renslow Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rousis Casey $232,500
Previous Owner Bryan Casey A $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2021 04/28/21 Sold $240,000 0.0% $159 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $240,000 +175.9% $159 / Sq Ft
11/14/2014 11/14/14 Sold $87,000 0.0% $63 / Sq Ft View Prior Sale
10/15/2014 10/15/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $87,000 -- $63 / 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 $7,577 $286,800 $96,100 $190,700
2024 $26,424 $271,700 $96,100 $175,600
2023 $5,536 $299,700 $98,000 $201,700
2022 $5,536 $216,100 $27,300 $188,800
2021 $3,218 $125,600 $26,900 $98,700
2020 $3,090 $120,600 $26,900 $93,700
2019 $2,418 $117,900 $26,400 $91,500
2018 $1,863 $85,000 $21,600 $63,400
2017 $1,906 $85,400 $21,600 $63,800
2016 $1,921 $87,300 $20,500 $66,800
2014 $1,863 $79,600 $21,200 $58,400
2013 $1,721 $76,600 $21,200 $55,400
Source: Public Records

Agents Affiliated with this Home

  • Joe Casko

    Seller's Agent in 2021

    Joe Casko

    McColly Real Estate

    (219) 771-6760

    1 in this area

    106 Total Sales

    Joe Casko
    Section Image
  • Gene Ayers

    Seller's Agent in 2014

    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: GNR486031

Northwest Indiana Association of REALTORS®

APN: 45-05-32-232-001.000-004

Indiana Lake County Gary 46403 Miller

7801 Oak Ave, Gary, IN

Not Listed for Sale

MultiFamily

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