8501 Locust Ave Gary, IN 46403
Miller NeighborhoodEstimated Value: $276,000 - $433,000
2
Beds
1
Bath
1,756
Sq Ft
$206/Sq Ft
Est. Value
About This Home
This home is located at 8501 Locust Ave, Gary, IN 46403 and is currently estimated at $361,014, approximately $205 per square foot. 8501 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 9, 2023
Sold by
Haake Sabrina
Bought by
Haake Sabrina and Bellak Jill
Current Estimated Value
Purchase Details
Closed on
Mar 2, 2018
Sold by
Reaves Eric E and Deutsche Bank National Trust C
Bought by
Haake Sabrina
Purchase Details
Closed on
Dec 25, 2005
Sold by
Lampley Stacey L
Bought by
Reaves Eric E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
9.65%
Mortgage Type
Fannie Mae Freddie Mac
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Haake Sabrina | -- | None Listed On Document | |
| Haake Sabrina | -- | None Available | |
| Reaves Eric E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reaves Eric E | $106,250 |
Source: Public Records
Tax History Compared to Growth
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 | $4,844 | $389,800 | $149,000 | $240,800 |
| 2024 | $36,176 | $367,800 | $149,000 | $218,800 |
| 2023 | $3,435 | $410,300 | $183,600 | $226,700 |
| 2022 | $3,435 | $263,600 | $51,200 | $212,400 |
| 2021 | $3,196 | $246,100 | $50,400 | $195,700 |
| 2020 | $3,086 | $238,100 | $50,400 | $187,700 |
| 2019 | $2,411 | $235,100 | $49,600 | $185,500 |
| 2018 | $1,801 | $161,900 | $40,500 | $121,400 |
| 2017 | $1,827 | $164,600 | $40,500 | $124,100 |
| 2016 | $1,861 | $169,800 | $38,500 | $131,300 |
| 2014 | $1,964 | $169,800 | $39,700 | $130,100 |
| 2013 | $1,813 | $163,100 | $39,700 | $123,400 |
Source: Public Records
Map
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