1040 Wallace St Gary, IN 46404
Tolleston Neighborhood
5
Beds
2.5
Baths
2,789
Sq Ft
9,365
Sq Ft Lot
Highlights
- Wood Flooring
- Country Kitchen
- Views
- No HOA
- Front Porch
- 1-Story Property
About This Home
As of August 2024Step into this stunning quad-level home, where modern updates meet timeless design. Boasting 5 generous bedrooms and 3 beautifully appointed bathrooms, this home provides ample space for family living and entertaining. The completely updated kitchen is a chef's dream, featuring new stainless steel appliances and a large island that seamlessly opens to the dining room, perfect for all gatherings. Enjoy the comfort of 3 separate living rooms! The upper floor hosts a spacious primary suite with a walk-in closet. The main living area is bathed in natural light, thanks to the large bay windows. Recent updates include: new furnaces and new AC units, new roof, new vinyl siding, new floors, new patio sliding door and new windows- ensuring year-round comfort and efficiency. This home is the perfect blend of style, space, and modern convenience don't miss out!
Last Agent to Sell the Property
Vanessa Daley
Listing Leaders Listed on: 08/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,606
Year Built
- Built in 1965 | Remodeled
Lot Details
- 9,365 Sq Ft Lot
- Lot Dimensions are 75x125
- Chain Link Fence
Parking
- 1 Car Garage
Home Design
- Brick Foundation
- Stone
Interior Spaces
- 1-Story Property
- Wood Flooring
- Basement
- Laundry in Basement
- Property Views
Kitchen
- Country Kitchen
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Additional Features
- Front Porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Gary Home & Imp Cos Subdivision
Listing and Financial Details
- Assessor Parcel Number 45-08-07-207-021.000-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Aug 29, 2024
Sold by
Nwi Real Estate Pro Llc
Bought by
Pondexter Crystal
Seller's Agent
Vanessa Daley
Listing Leaders
Buyer's Agent
Rashonda Frazier
Coldwell Banker Realty
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Total Days on Market
0
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,151
Avg. Annual Appreciation
-8.76%
Original Mortgage
$15,000
Outstanding Balance
$14,909
Interest Rate
6.78%
Estimated Equity
$213,404
Purchase Details
Listed on
Mar 21, 2024
Closed on
Apr 17, 2024
Sold by
Leaver Scott Ellsworth
Bought by
Nwi Real Estate Pro Llc
Seller's Agent
Sara Villicana
Listing Leaders
Buyer's Agent
Kenneth Townsel
Ellsbury Commercial Group LLC
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%
Views
110
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4117.68%
Original Mortgage
$155,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 16, 2023
Sold by
Leaver Scott
Bought by
Jels Family Trust
Purchase Details
Closed on
Dec 30, 2020
Sold by
Lim Jean Erh and Chan Stanley
Bought by
Leaver Scott Ellsworth
Purchase Details
Closed on
Jan 23, 2019
Sold by
Ibat Rentals In Llc
Bought by
Lim Jean Erh and Chan Stanley
Purchase Details
Closed on
Dec 21, 2017
Sold by
Reo Logic Indiana Holdings Llc
Bought by
Ibat Rentals Llc
Purchase Details
Closed on
May 2, 2012
Sold by
Us Bank
Bought by
Reologic Llc
Purchase Details
Closed on
Mar 1, 2012
Sold by
Us Bank
Bought by
Reo Logic Indiana Holdings Llc
Purchase Details
Closed on
Dec 28, 2011
Sold by
Lien Logic Fund 1 Llc
Bought by
Reo Logic Indiana Holdings Llc
Purchase Details
Closed on
Dec 14, 2010
Sold by
Smith Marie L and Smith Charles E
Bought by
Us Bank and Lienlogic Fund 1 Llc
Similar Homes in Gary, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Greater Indiana Title Company | |
| Warranty Deed | $65,000 | Chicago Title | |
| Quit Claim Deed | -- | -- | |
| Special Warranty Deed | -- | None Available | |
| Limited Warranty Deed | $39,000 | Boston National Ttl Agcy Llc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $5,015 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $15,000 | No Value Available | |
| Open | $243,533 | FHA | |
| Previous Owner | $155,000 | New Conventional | |
| Previous Owner | $52,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2024 08/26/24 | Sold | $250,000 | +2.0% | $90 / Sq Ft |
| 08/01/2024 08/01/24 | For Sale | $245,000 | +276.9% | $88 / Sq Ft |
| 04/18/2024 04/18/24 | Sold | $65,000 | -18.8% | $23 / Sq Ft |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $80,000 | -- | $28 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $5,616 | $103,900 | $15,200 | $88,700 |
| 2023 | $1,606 | $63,700 | $15,200 | $48,500 |
| 2022 | $1,476 | $57,400 | $8,100 | $49,300 |
| 2021 | $1,373 | $53,400 | $8,100 | $45,300 |
| 2020 | $1,373 | $53,400 | $8,100 | $45,300 |
| 2019 | $1,129 | $53,200 | $8,100 | $45,100 |
| 2018 | $1,194 | $53,200 | $8,100 | $45,100 |
| 2017 | $1,228 | $53,800 | $8,100 | $45,700 |
| 2016 | $1,256 | $55,900 | $8,100 | $47,800 |
| 2014 | $2,462 | $105,000 | $9,100 | $95,900 |
| 2013 | $2,281 | $101,300 | $9,100 | $92,200 |
Source: Public Records
Agents Affiliated with this Home
-
V
Seller's Agent in 2024
Vanessa Daley
Listing Leaders
-
Sara Villicana
S
Seller's Agent in 2024
Sara Villicana
Listing Leaders
(219) 230-9766
1 in this area
23 Total Sales
-
Rashonda Frazier
Buyer's Agent in 2024
Rashonda Frazier
Coldwell Banker Realty
(708) 424-4000
3 in this area
56 Total Sales
-
Kenneth Townsel
Buyer's Agent in 2024
Kenneth Townsel
Ellsbury Commercial Group LLC
(219) 718-6971
20 in this area
66 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 807854
APN: 45-08-07-207-021.000-004
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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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