NOT LISTED FOR SALE

8540 Oak Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $336,000 - $460,000

3 Beds
2 Baths
2,308 Sq Ft
$176/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $248,500 $108 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,460/month

4 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Patio
  • Ranch Style House
  • Cooling Available
  • Living Room

About This Home

As of April 2018

This home is located at 8540 Oak Ave, Gary, IN 46403 since 31 March 2018 and is currently estimated at $405,130, approximately $175 per square foot. This property was built in 1951. 8540 Oak Ave is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, and West Side Leadership Academy.

Last Listed By

Gene Ayers

Ayers REALTORS(r) License #RB14003990 Listed on: 03/31/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1951

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 84x125

Parking

  • 2 Car Detached Garage
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 2,308 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Portable Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic System

Community Details

  • Miller Beach Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450533128021000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Co List Office Mls Id: GNR203
  • Co List Office Mls Id: GNR203
  • Subdivision Name: Miller Beach
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Walk Out
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Patio
  • Acres: 0.241

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street, Side Drive

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 84x125
  • Lot Size Sq Ft: 10500
  • Parcel #: 450533128021000004

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1502

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2018
Closed on
Apr 30, 2018
Sold by
Reising Gregory S and Estate Of Thomas D Eaton
Bought by
Muta John and Muta Donna
Seller's Agent
Gene Ayers
Ayers REALTORS(r)
Buyer's Agent
Nancy Del Prado
Avid Real Estate LLC
List Price
$248,500
Sold Price
$248,500
Total Days on Market
4
Current Estimated Value
$405,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,630
Avg. Annual Appreciation
7.16%
Original Mortgage
$198,800
Interest Rate
4.45%
Mortgage Type
New Conventional

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
Muta John -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muta John $195,000
Closed Muta John $198,800
Previous Owner Eaton Thomas D $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $248,500 0.0% $108 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $248,500 -- $108 / 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
2023 $2,305 $321,600 $247,000 $74,600
2022 $2,305 $182,100 $101,500 $80,600
2021 $2,188 $173,500 $100,000 $73,500
2020 $2,155 $171,100 $100,000 $71,100
2019 $1,685 $162,500 $96,300 $66,200
2018 $1,533 $140,100 $83,000 $57,100
2017 $1,502 $134,800 $77,800 $57,000
2016 $1,486 $134,900 $77,800 $57,100
2014 $1,692 $146,700 $74,100 $72,600
2013 $1,590 $143,200 $74,100 $69,100
Source: Public Records

Agents Affiliated with this Home

  • Gene Ayers

    Seller's Agent in 2018

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    123 in this area

    139 Total Sales

    Gene Ayers
    Section Image
  • Nancy Del Prado

    Seller Co-Listing Agent in 2018

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    102 in this area

    395 Total Sales

    Nancy Del Prado
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR431814

Northwest Indiana Association of REALTORS®

APN: 45-05-33-128-021.000-004

Indiana Lake County Gary 46403 Miller

8540 Oak Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 8540 Oak Ave, Gary, IN 46403 since 31 March 2018 and is currently estimated at $405,130, approximately $175 per square foot. This property was built in 1951. 8540 Oak Ave 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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