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$436,500

8500 Forest Ave, Gary, IN 46403

3beds

3,116sqft

Single Family Residence

Built in 1950

0.87 Acres Lot

$462,700 Zestimate^®

$140/sqft

$1,745 Estimated rent

Home value

$462,700

$440,000 - $490,000

$1,745/mo

Zestimate^® history

Owner options

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$1,745/mo

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$1,745/mo

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$2,730/mo

Est. payment

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$2,730/mo

Est. payment

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What's special

Mediterranean Cabin in Miller Beach! With over 3000 finished sqft & situated on a jumbo wooded lot of nearly an acre, this re-imagined 3 bed, 2 bath Mid-Century has been professionally renovated, has a new AC, has a stone fireplace and features picture windows in each room. Turnkey with most furnishings included! New Kitchen w/custom tilework & stainless appliances, New Bathroom with a walk-in shower and soaker tub and large bedrooms with plenty of storage. Little luxuries include hand-painted tile, Alderwood doors, a washer and dryer both upstairs and down as well as a sundeck, storage shed and a true retreat for a backyard. The basement offers additional high-end living space and includes a spacious & finished laundry room with shower and a new half bath across the hall. The gym can also be converted to a 4th bedroom. With the fridge and plumbing already roughed for a kitchen, the basement could be used as an accessory unit or to age in place. Ideal Vacation rental!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Dining Room, Bonus Room, Bedroom 3

Primary bedroom

Area: 252
Dimensions: 18.0 x 14.0

Bedroom 2

Area: 234
Dimensions: 18.0 x 13.0

Bedroom 3

Area: 182
Dimensions: 13.0 x 14.0

Bonus room

Area: 1000
Dimensions: 40.0 x 25.0

Dining room

Description: 12.00 x 10.00
Area: 120
Dimensions: 12.0 x 10.0

Kitchen

Area: 150
Dimensions: 15.0 x 10.0

Living room

Area: 400
Dimensions: 25.0 x 16.0

Heating

Forced Air, Natural Gas

Appliances

Included: Dishwasher, Refrigerator, Washer, Microwave, Dryer

Features

In-Law Floorplan, Primary Downstairs
Basement: Crawl Space,Daylight
Number of fireplaces: 1
Fireplace features: Great Room, Living Room

Interior area

Total structure area: 3,116
Total interior livable area: 3,116 sqft
Finished area above ground: 1,781

Property

Parking

Parking features: Carport, Off Street
Has carport: Yes

Accessibility

Accessibility features: Enhanced Accessible

Features

Levels: One
Patio & porch: Deck
Exterior features: Lighting, Private Yard
Fencing: Partial Cross
Has view: Yes
View description: Forest, Trees/Woods
Frontage length: 265

Lot

Size: 0.87 Acres
Dimensions: 265 x 144
Features: Landscaped, Rolling Slope, Wooded, Sloped, Paved

Details

Parcel number: 450533156052.000004

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Condition

Updated/Remodeled
New construction: No
Year built: 1950

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Available, Natural Gas Available

Community & HOA

Community

Subdivision: Robert Bartletts Marquette Park

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $140/sqft
Tax assessed value: $346,200
Annual tax amount: $2,883
Date on market: 7/29/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,VA Loan,FHA,Conventional
Road surface type: Paved

Price history

Date	Event	Price
7/29/2024	Sold	$436,500-3%$140/sqft
Source: NIRA as distributed by MLS GRID #805681 Report a problem
6/21/2024	Listed for sale	$450,000+1.1%$144/sqft
Source: NIRA as distributed by MLS GRID #805681 Report a problem
11/22/2022	Listing removed	--
Source: NIRA as distributed by MLS GRID #515029 Report a problem
10/27/2022	Price change	$445,000-2.2%$143/sqft
Source: NIRA as distributed by MLS GRID #515029 Report a problem
8/30/2022	Listed for sale	$455,000+1.1%$146/sqft
Source: NIRA as distributed by MLS GRID #515029 Report a problem
7/28/2022	Listing removed	--
Source: NIRA as distributed by MLS GRID #515029 Report a problem
6/24/2022	Listed for sale	$450,000+100%$144/sqft
Source: NIRA as distributed by MLS GRID #515029 Report a problem
10/31/2017	Sold	$225,000+2.7%$72/sqft
Source: NIRA as distributed by MLS GRID #415517 Report a problem
9/21/2012	Sold	$219,000$70/sqft
Source: NIRA as distributed by MLS GRID #301658 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,316 +10%	$346,200 +31.5%
2024	$3,014 +6.7%	$263,200 -5%
2023	$2,824 +7%	$277,100 +28.1%
2022	$2,638 -0.1%	$216,300 +6.6%
2021	$2,641 +31.9%	$203,000 0%
2020	$2,003 -50.7%	$203,100 +2.8%
2019	$4,064 +95.4%	$197,500 +4.7%
2018	$2,079 -48.5%	$188,700 +0.9%
2017	$4,034	$187,000 -3.1%
2016	$4,034 -9.8%	$192,900 +1%
2014	$4,473 +16.5%	$190,900 +11.8%
2013	$3,841 +106.3%	$170,700 +5.5%
2012	$1,862 -2%	$161,800 +1.1%
2011	$1,900 -38.3%	$160,000 +0.2%
2010	$3,080	$159,700 +2.8%
2009	--	$155,400 +33.3%
2007	--	$116,600 +11.2%
2006	--	$104,900
2005	--	$104,900
2004	--	$104,900 +193.8%
2003	--	$35,700
2002	--	$35,700 +200%
2001	--	$11,900