NOT LISTED FOR SALE

8407 Lake Shore Dr Gary, IN 46403

Miller Neighborhood

Estimated Value: $414,000 - $626,000

2 Beds
2 Baths
1,080 Sq Ft
$495/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $330,000 $306 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,382/month

319 Days on Market

Highlights

  • Lake Front
  • Deck
  • 1 Car Attached Garage
  • Above Ground Pool
  • Ranch Style House
  • Landscaped

About This Home

As of February 2013

Out your door and your on the beach to enjoy a nice walk in the summer breze. This beautiful beach property is close to the south shore,express way,toll road and all forms of transportation for a easy trip to Chicage for a day of shopping and fun. !!!! The seller is offering a $20,000.00 decorating allowance and $5,000.00 for closing cost. This is the best deal on the beach!!!!!!

Last Agent to Sell the Property

Donna Harris

Land & Lakes Real Estate License #RB14026169 Listed on: 03/24/2012

Last Buyer's Agent

Gene Ayers

Ayers REALTORS(r) License #RB14003990

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,320

Year Built

  • Built in 1941

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Lake Front
  • Fenced
  • Landscaped

Parking

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

Home Design

  • Ranch Style House

Interior Spaces

  • 1,080 Sq Ft Home
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Microwave
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 450533127002000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,320

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped, Paved, Rolling Slope
  • ResoPoolFeatures: Above Ground
  • Road Surface Type: Paved
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA389
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1080
  • Architectural Style: Hillside Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Washer
  • Interior Amenities: Primary Downstairs
  • Basement: Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.1722
  • Waterfront Features: Lake Front
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 60x125
  • Lot Size Sq Ft: 7500
  • Parcel #: 450533127002000004

Tax Info

  • Year: 2011
  • Tax Annual Amount: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2012
Closed on
Feb 27, 2013
Sold by
Wright Lynn J and Smolik Mary Ann
Bought by
Osmulski Paul and Osmulski Amy
Seller's Agent
Donna Harris
Land & Lakes Real Estate
Buyer's Agent
Gene Ayers
Ayers REALTORS(r)
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$534,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,467
Avg. Annual Appreciation
4.69%
Original Mortgage
$199,000
Outstanding Balance
$141,824
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$444,672
Source: Public Records

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
Osmulski Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osmulski Paul $199,000
Previous Owner Smolik Mary Ann $203,300
Previous Owner Smolik Mary A $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $330,000 0.0% $306 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
03/24/2012 03/24/12 For Sale $330,000 -- $306 / 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 $47,320 $510,300 $344,500 $165,800
2023 $10,228 $536,700 $409,000 $127,700
2022 $10,228 $398,400 $258,300 $140,100
2021 $9,822 $382,600 $254,300 $128,300
2020 $12,371 $482,100 $356,000 $126,100
2019 $7,284 $360,300 $254,300 $106,000
2018 $6,759 $314,900 $213,600 $101,300
2017 $6,909 $316,000 $213,600 $102,400
2016 $6,916 $320,800 $213,600 $107,200
2014 $7,214 $307,500 $203,400 $104,100
2013 $3,495 $307,400 $203,400 $104,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Donna Harris

    Land & Lakes Real Estate

    (219) 241-5554

    18 Total Sales

    Donna Harris
    Section Image
  • Gene Ayers

    Buyer's Agent in 2013

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    115 in this area

    131 Total Sales

    Gene Ayers
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 304246

Northwest Indiana Association of REALTORS®

APN: 45-05-33-127-002.000-004

Indiana Lake County Gary 46403 Miller

8407 Lake Shore Dr, Gary, IN

This home is located at 8407 Lake Shore Dr, Gary, IN 46403 since 24 March 2012 and is currently estimated at $534,467, approximately $494 per square foot. This property was built in 1941. 8407 Lake Shore Dr is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, and West Side Leadership Academy.

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.

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