RENTED MAR 2, 2026

Estimated Value: $97,123 - $106,000

3 Beds
1 Bath
1,899 Sq Ft
$53/Sq Ft Est. Value

Sale Details

Date Sold: January 2, 2026

Last sale price $100,000 $53 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $633 / mo

Highlights

  • 4,748 Acre Lot
  • No HOA
  • Living Room
  • Deck
  • Neighborhood Views
  • 1-Story Property

About This Home

As of March 2026

This home is located at 1047 Ralston St, Gary, IN 46406 since 12 January 2026 and is currently priced at $101,281. This property was built in 1920. 1047 Ralston St is a home located in Lake County with nearby schools including Bailly Preparatory Academy, West Side Leadership Academy, and Aspire Charter Academy.

Last Agent to Rent the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 01/12/2026

Last Renter's Agent

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 01/12/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,748 Acre Lot
  • Land Lease expires 1/29/27

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1-Story Property
  • Living Room
  • Vinyl Flooring
  • Neighborhood Views
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Corell & Wrights Add 01 Subdivision

Listing and Financial Details

  • Property Available on 1/12/26
  • Tenant pays for all utilities, water, telephone, trash collection, sewer, snow removal, repairs, insurance, hot water, grounds care, gas, exterior maintenance, electricity, cable TV
  • The owner pays for management, taxes
  • 24 Month Lease Term
  • Assessor Parcel Number 450712206008000004

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

4,748 Acres

Rental Info

  • Lease Term: 24 Months
  • Pets Allowed: No
  • Tenant Pays: All Utilities, Water, Telephone, Trash Collection, Sewer, Snow Removal, Repairs, Insurance, Hot Water, Grounds Care, Gas, Exterior Maintenance, Electricity, Cable TV
  • Owner Pays: Management, Taxes
  • Available Date: 2026-01-12

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1920
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup, Lower Level
  • ResoLotFeatures: Back Yard, Front Yard, Few Trees
  • Reso View: Neighborhood
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: NRA1136
  • Subdivision Name: Corell & Wrights Add 01
  • Above Grade Finished Sq Ft: 874
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Refrigerator, Gas Water Heater
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Basement: Partially Finished, Walk-Out Access, Storage Space
  • Flooring: Laminate, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1025

Exterior Features

  • Acres: 4748
  • Waterfront: No
  • Patio And Porch Features: Deck
  • Reso Roof: Shingle

Garage/Parking

  • Parking Features: Additional Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 206822880
  • Parcel #: 450712206008000004

Multi Family

  • Lease Expiration: 2027-01-29

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2026
Closed on
Jan 2, 2026
Sold by
Bought by
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Sold Price
$1,725
Current Estimated Value
$101,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,556
Avg. Annual Appreciation
2.22%

Purchase Details

Closed on
May 14, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2018
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
0.1085%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Insurance Compan
-- None Available
-- None Available
$500 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $58,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2026 03/02/26 Rented $1,725 +7.8% --
01/31/2026 01/31/26 Under Contract -- -- --
01/12/2026 01/12/26 For Rent $1,600 0.0% --
01/02/2026 01/02/26 Sold $100,000 -20.0% $85 / Sq Ft View Prior Sale
11/19/2025 11/19/25 Pending -- -- --
11/04/2025 11/04/25 For Sale $125,000 -- $106 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $923 $39,700 $7,800 $31,900
2024 $2,901 $35,400 $7,500 $27,900
2023 $756 $32,900 $7,500 $25,400
2022 $756 $29,500 $5,000 $24,500
2021 $702 $27,400 $5,000 $22,400
2020 $679 $26,500 $5,000 $21,500
2019 $695 $26,500 $5,000 $21,500
2018 $655 $26,500 $5,000 $21,500
2017 $607 $26,700 $5,000 $21,700
2016 $1,157 $52,900 $5,000 $47,900
2014 $1,247 $53,300 $5,700 $47,600
2013 $1,220 $54,300 $5,700 $48,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 832707

Northwest Indiana Association of REALTORS®

APN: 45-07-12-206-008.000-004

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