NOT LISTED FOR SALE

Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $91,000 - $170,000

5 Beds
2 Baths
1,985 Sq Ft
$60/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $76,900 $39 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $754/month

1 Day on Market

Highlights

  • Recreation Room
  • 1 Car Attached Garage
  • Patio
  • Ranch Style House
  • Cooling Available
  • 3-minute walk to Patcher Park

About This Home

As of December 2022

Ranch * 1985 s.f. *Completely remodeled in 2004 * Open Concept * 4 Bedrooms, 2 full baths, Master Bedroom whirlpool tub, 7x5 walk in closet * Oak cabinets, rear addition roof rubber * work shop back of 1 car attached garage * Tenant Occupied for 4 years, $850 per month, Month to Month lease, Interested in staying * Current Pictures are prior to tenant moving in *

Last Agent to Sell the Property

Allen Watkins

McColly Real Estate License #RB14022602 Listed on: 11/03/2022

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1956

Lot Details

  • 5,532 Sq Ft Lot
  • Lot Dimensions are 57x97
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,985 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Tarrytown 02 Subdivision
  • Net Lease

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 450818133015000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1241
  • Subdivision Name: Tarrytown 02
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: true
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Exterior Features: Patio
  • Acres: 0.127

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

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

Lot Info

  • Lot Dimensions: 57x97
  • Lot Size Sq Ft: 5532
  • Parcel #: 450818133015000004

Tax Info

  • Year: 2019
  • Tax Annual Amount: 921

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Dec 29, 2022
Sold by
Rap Properties Llc
Bought by
Jun Jacob
Seller's Agent
Allen Watkins
McColly Real Estate
List Price
$76,900
Sold Price
$76,900
Current Estimated Value
$120,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,191
Avg. Annual Appreciation
16.49%
Original Mortgage
$82,730
Outstanding Balance
$80,162
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$39,929

Purchase Details

Listed on
Nov 3, 2022
Closed on
Dec 22, 2022
Sold by
Rap Properties Llc
Bought by
Jun Jacob
Seller's Agent
Allen Watkins
McColly Real Estate
List Price
$76,900
Sold Price
$76,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,730
Outstanding Balance
$80,162
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$39,929

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jan 12, 2021
Sold by
Paquette Robert
Bought by
Rap Properties Llc
Seller's Agent
Allen Watkins
McColly Real Estate
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$48,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jan 7, 2021
Sold by
Paquette Robert Arthur
Bought by
Rap Properties Llc
Seller's Agent
Allen Watkins
McColly Real Estate
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2020
Closed on
Dec 11, 2020
Sold by
Clark Portfolio Trust
Bought by
Paquette Robert Arthur
Seller's Agent
Allen Watkins
McColly Real Estate
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2012
Sold by
Watkins Allen
Bought by
Clark Portfolio Trust 4403011

Purchase Details

Closed on
Dec 15, 2005
Sold by
Mercantile National Bank Of Indiana
Bought by
Watkins Allen

Purchase Details

Closed on
Oct 10, 2004
Sold by
Russell Marlon
Bought by
Mercantile National Bank Indiana Land Tr
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
Jun Jacob -- Meridian Title
Jun Jacob -- Meridian Title
Rap Properties Llc -- None Available
Rap Properties Llc -- None Available
Paquette Robert Arthur -- Meridian Title Corp
Clark Portfolio Trust 4403011 $2,500 None Available
Watkins Allen -- --
Mercantile National Bank Indiana Land Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jun Jacob $82,730
Closed Jun Jacob $82,730
Previous Owner Paquette Robert Arthur $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2022 12/22/22 Sold $76,900 0.0% $39 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $76,900 +28.2% $39 / Sq Ft
12/11/2020 12/11/20 Sold $60,000 0.0% $30 / Sq Ft View Prior Sale
10/21/2020 10/21/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $60,000 -- $30 / 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 $7,644 $94,500 $6,200 $88,300
2023 $731 $86,700 $6,200 $80,500
2022 $731 $63,800 $4,000 $59,800
2021 $1,499 $58,500 $4,000 $54,500
2020 $1,166 $45,500 $4,000 $41,500
2019 $921 $39,200 $3,500 $35,700
2018 $937 $39,200 $3,500 $35,700
2017 $965 $39,800 $3,500 $36,300
2016 $1,090 $46,200 $3,500 $42,700
2014 $1,046 $44,700 $4,300 $40,400
2013 $984 $43,800 $4,300 $39,500
Source: Public Records

Agents Affiliated with this Home

  • Allen Watkins

    Seller's Agent in 2022

    Allen Watkins

    McColly Real Estate

    (219) 307-1159

    2 in this area

    27 Total Sales

    Allen Watkins
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Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR522395

Northwest Indiana Association of REALTORS®

APN: 45-08-18-133-015.000-004

Indiana Lake County Gary 46404

Tolleston

Not Listed for Sale

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