$144,900
$15K PRICE DROP

1040 Polk St Gary, IN 46402

Midtown Neighborhood

Estimated payment $898/month

Total Views 5,878
4 Beds
2 Baths
1,560 Sq Ft
$93 Price per Sq Ft

Highlights

  • Corner Lot
  • Neighborhood Views
  • Display Windows
  • No HOA
  • 8 Car Detached Garage
  • Laundry Room

About This Home

Tons of potential!! Come see this beautiful brick ranch with newly updated kitchen, two bathrooms, with a massive brick garage! The garage could be used for RV or boat storage, a mechanics shop, or whatever else you can think of. Schedule to see it today!

Listing Agent

Brian Stotmeister

Listing Leaders Affiliated License #RB23000474 Listed on: 10/22/2025

Listing Leaders Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1927

Lot Details

  • 6,838 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Parking

  • 8 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Display Windows
  • Vinyl Flooring
  • Neighborhood Views
  • Dishwasher
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer Hookup

Additional Features

  • Outdoor Storage
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Gary Land Companys 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450809130010000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,636

Year Built

Built in 1927

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Lower Level, Washer Hookup, Laundry Room
  • ResoLotFeatures: Corner Lot
  • ResoPoolFeatures: None
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2191
  • Subdivision Name: Gary Land Companys 11
  • Above Grade Finished Sq Ft: 780
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Property Attached Yn: No
  • ResoWindowFeatures: Display Window(s)
  • Financial Info Electric: Circuit Breakers
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range
  • Interior Amenities: Ceiling Fan(s)
  • Basement: Finished, Storage Space, Full
  • Flooring: Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 780

Exterior Features

  • Exterior Features: Storage
  • Fencing: Partial
  • Acres: 0.157
  • Waterfront: No
  • Construction Type: Brick
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 8
  • Parking Features: Detached, Oversized, Garage Faces Rear, Alley Access, Additional Parking

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6838
  • Parcel #: 450809130010000004

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1636.32

Map

Range of Values:

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Value Increase
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Percent Increase
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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

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 $1,860 $19,600 $7,400 $12,200
2023 $532 $21,100 $9,200 $11,900
2022 $354 $13,800 $3,600 $10,200
2021 $609 $23,200 $3,600 $19,600
2020 $586 $22,300 $3,600 $18,700
2019 $1,008 $23,800 $3,600 $20,200
2018 $1,049 $29,500 $3,600 $25,900
2017 $676 $29,200 $3,600 $25,600
2016 $696 $30,500 $3,600 $26,900
2014 $945 $40,400 $4,300 $36,100
2013 $874 $38,900 $4,300 $34,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2025 12/11/25 Price Changed $144,900 -3.3% $93 / Sq Ft
11/28/2025 11/28/25 Price Changed $149,900 -3.2% $96 / Sq Ft
11/05/2025 11/05/25 Price Changed $154,900 -3.1% $99 / Sq Ft
10/22/2025 10/22/25 For Sale $159,900 +2807.3% $103 / Sq Ft
01/11/2022 01/11/22 Sold $5,500 0.0% $4 / Sq Ft View Prior Sale
12/10/2021 12/10/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $5,500 -- $4 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $33,000 Chicago Title
Warranty Deed -- Greater Indiana Title Company
Warranty Deed -- Greater Indiana Title Company
Warranty Deed -- Greater Indiana Title Company
Warranty Deed $7,900 None Available
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,700 None Available
Quit Claim Deed -- None Available
Quit Claim Deed $4,050 None Available
Quit Claim Deed $1,215 None Available
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $2,360 None Available
Source: Public Records

Source: Northwest Indiana Association of REALTORS®

MLS Number: 829727

Northwest Indiana Association of REALTORS®

APN: 45-08-09-130-010.000-004

Indiana Lake County Gary 46402 Midtown

1040 Polk St, Gary, IN

For Sale

Detached

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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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Listing Agent
Brian Stotmeister
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Listing Leaders Affiliated
(219) 516-6640