NOT LISTED FOR SALE

7903 Locust Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $284,000 - $376,000

3 Beds
1 Bath
1,159 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $42,000 $36 Per Sq Ft

Est. 659% increase in value since last sale

Current estimated payment $1,995/month

63 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Ranch Style House
  • Living Room
  • Forced Air Heating System

About This Home

As of September 2012

Walking distance to the beach! 3 bedroom Ranch with walk-out basement. Hardwood floors in living room and bedrooms. 1/2 bath in basement with no walls. Furnace and a/c removed. Built-in oven, range hood and dishwasher included but not guaranteed. Vinyl siding. *** This is a Freddie Mac HomeSteps Property. After acceptance, HomeSteps Addendum to be signed by Purchaser. Earnest money must be cashiers check or money order. All offers must include $100 per diem if not closed by date on line 76 of purchase agreement unless delay is caused by Seller. Investor contracts will not be reviewed until the 15th day of the listing. When submitting offer, please include whether your Buyer is investor or owner occupant. If owner occupant, please mention if your Buyer is a first time homebuyer.

Last Agent to Sell the Property

Bill McCabe

BHHS Executive Realty License #RB14014310 Listed on: 06/19/2012

BHHS Executive Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Paved or Partially Paved Lot
  • Sloped Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1,159 Sq Ft Home
  • Living Room
  • Walk-Out Basement

Kitchen

  • Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Norcott's Addition Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450532276018000004

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road, Sidewalks, Sloped
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR121
  • Co List Office Mls Id: GNR121
  • Subdivision Name: Norcott's Addition
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 1159
  • 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_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven, Range Hood
  • Interior Amenities: Main Floor Bedroom, Main Floor Bathroom
  • Basement: Walk Out
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.14

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50 x 125
  • Lot Size Sq Ft: 6098
  • ResoLotSizeUnits: Acres
  • Parcel #: 450532276018000004
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 1499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2012
Closed on
Sep 14, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Noble Robert J
Seller's Agent
Bill McCabe
BHHS Executive Realty
List Price
$42,000
Sold Price
$42,000
Current Estimated Value
$318,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,843
Avg. Annual Appreciation
16.50%

Purchase Details

Closed on
Jun 1, 2012
Sold by
Rhodes Brian and State Of Indiana
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 24, 2007
Sold by
Winfred John W and Winfred Lynda
Bought by
Rhodes Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
9.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2006
Sold by
Winfred Lynda
Bought by
Winfred John W and Winfred Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Noble Robert J -- Statewide Title Company Inc
Federal Home Loan Mortgage Corporation $34,125 None Available
Rhodes Brian -- Chicago Title Insurance Co
Winfred John W -- Chicago Title Insurance Co
Winfred Lynda -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhodes Brian $103,500
Previous Owner Winfred John W $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2012 09/14/12 Sold $42,000 0.0% $36 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $42,000 -- $36 / 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 $21,090 $247,200 $96,400 $150,800
2023 $2,037 $239,200 $98,000 $141,200
2022 $2,037 $160,600 $27,300 $133,300
2021 $1,872 $148,500 $26,900 $121,600
2020 $1,787 $142,300 $26,900 $115,400
2019 $1,460 $139,200 $26,400 $112,800
2018 $1,268 $114,500 $21,600 $92,900
2017 $1,298 $115,600 $21,600 $94,000
2016 $1,320 $118,900 $20,500 $98,400
2014 $1,373 $119,900 $21,200 $98,700
2013 $1,294 $117,000 $21,200 $95,800
Source: Public Records

Agents Affiliated with this Home

  • Bill McCabe

    Seller's Agent in 2012

    Bill McCabe

    BHHS Executive Realty

    (219) 742-9200

    54 Total Sales

    Bill McCabe
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR309728

Northwest Indiana Association of REALTORS®

APN: 45-05-32-276-018.000-004

Indiana Lake County Gary 46403 Miller

7903 Locust Ave, Gary, IN

Not Listed for Sale

Detached

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