NOT LISTED FOR SALE

8530 Locust Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $307,000 - $371,000

3 Beds
2.5 Baths
2,355 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $279,000 $118 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,019/month

60 Days on Market

Highlights

  • Wooded Lot
  • Whirlpool Bathtub
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • 1 Car Attached Garage

About This Home

As of March 2024

Multiple Offers!Serenity in Miller Beach! This 3 bed, 2.5 bath brick cape cod on one of Miller's most serene blocks awaits. At less than a 10-minute walk to the beach, bars and restaurants, there isn't anything quite like it priced near 300k in the National Lakeshore. Major updates include a tear-off roof (2023), new outlets and switches (2023), AC and high efficiency Furnace (2019), Hot Water Heater (2019) and Electric Panel (2018). The heavy lifting has been done; now, come put your finishing touches on this gem. Motivated Seller!

Last Agent to Sell the Property

Sam Geraci

INcoast Homes LLC License #RB18000080 Listed on: 11/16/2023

Last Buyer's Agent

Sam Geraci

INcoast Homes LLC License #RB18000080 Listed on: 11/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1951

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 46 x 125
  • Wooded Lot

Parking

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

Home Design

  • Brick Foundation

Interior Spaces

  • 1.5-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Gas Range
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Enhanced Accessible Features
  • Accessibility Features

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Youngs Woodlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450533135012000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,335

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level, Paved, Wooded
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA2033
  • Subdivision Name: Youngs Woodlawn
  • Above Grade Finished Sq Ft: 1511
  • Reso Accessibility Features: Enhanced Accessible
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AccessibilityFeaturesYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs, Whirlpool Tub
  • Basement: Walk-Out Access
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 844
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Acres: 0.132
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 46 X 125
  • Lot Size Sq Ft: 5750
  • Parcel #: 450533135012000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Mar 12, 2024
Sold by
Paniagua Andres
Bought by
Noll Rachel
Seller's Agent
Sam Geraci
INcoast Homes LLC
Buyer's Agent
Sam Geraci
INcoast Homes LLC
List Price
$300,000
Sold Price
$279,000
Premium/Discount to List
-$21,000
-7%
Views
133
Current Estimated Value
$347,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,156
Avg. Annual Appreciation
10.34%
Original Mortgage
$270,630
Outstanding Balance
$265,334
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$69,391

Purchase Details

Listed on
Jul 5, 2017
Closed on
Feb 8, 2018
Sold by
Pabey George and Pabey Hilda L
Bought by
Paniagua Andres
Seller's Agent
Maria Becerra
McColly Real Estate
List Price
$108,000
Sold Price
$108,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.83%
Original Mortgage
$106,043
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2009
Sold by
Pabey Maria L and Pabey George
Bought by
Pabey George and Pabey Hilda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,900
Interest Rate
5.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2007
Sold by
Lasalle Bank Na
Bought by
Pabey Maria L and Pabey George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2007
Sold by
Crump Aisha
Bought by
Lasalle Bank Na and Structured Asset Investment Loan Trust 2
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Noll Rachel $279,000 Fidelity National Title
Paniagua Andres -- Community Title Co
Pabey George -- Chicago Title Insurance Co
Pabey Maria L $67,000 Ash Title Agency Llc
Lasalle Bank Na $102,067 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noll Rachel $270,630
Previous Owner Paniagua Andres $106,043
Previous Owner Pabey George $52,900
Previous Owner Pabey Maria L $53,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $279,000 +1.5% $118 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $275,000 -3.5% $117 / Sq Ft
12/12/2023 12/12/23 Price Changed $285,000 -5.0% $121 / Sq Ft
11/16/2023 11/16/23 For Sale $300,000 +177.8% $127 / Sq Ft
02/08/2018 02/08/18 Sold $108,000 0.0% $46 / Sq Ft View Prior Sale
12/08/2017 12/08/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $108,000 -- $46 / 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 $2,654 $282,100 $91,000 $191,100
2024 $18,357 $265,900 $91,000 $174,900
2023 $1,304 $208,200 $90,200 $118,000
2022 $1,304 $105,100 $25,100 $80,000
2021 $1,275 $103,200 $24,700 $78,500
2020 $1,272 $103,100 $24,700 $78,400
2019 $1,113 $102,700 $24,300 $78,400
2018 $1,314 $117,400 $19,900 $97,500
2017 $2,643 $119,000 $19,900 $99,100
2016 $2,687 $122,700 $18,900 $103,800
2014 $2,939 $125,100 $19,500 $105,600
2013 $2,701 $119,700 $19,500 $100,200
Source: Public Records

Agents Affiliated with this Home

  • Sam Geraci

    Seller's Agent in 2024

    Sam Geraci

    INcoast Homes LLC

    (773) 983-1904

    34 in this area

    76 Total Sales

    Sam Geraci
    Section Image
  • Maria Becerra

    Seller's Agent in 2018

    Maria Becerra

    McColly Real Estate

    (219) 484-3055

    91 Total Sales

    Maria Becerra
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 541769

Northwest Indiana Association of REALTORS®

APN: 45-05-33-135-012.000-004

Indiana Lake County Gary 46403 Miller

8530 Locust Ave, Gary, IN

Not Listed for Sale

Detached

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