NOT LISTED FOR SALE

1048 Tyler St Gary, IN 46402

Midtown Neighborhood

Estimated Value: $38,000 - $75,685

6 Beds
2 Baths
1,203 Sq Ft
$47/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $37,500 $31 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $344/month

28 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of May 2024

*Seller financing available*INVESTOR SPECIAL! All brick 2-flat ready for rehab, with easy access to express ways, only 15 minutes from the beach. Sold as is.

Last Agent to Sell the Property

Steve Monsma

Weichert Realtors - Shoreline License #RB19002253 Listed on: 04/16/2024

Weichert Realtors - Shoreline

Last Buyer's Agent

Steve Monsma

Weichert Realtors - Shoreline License #RB19002253 Listed on: 04/16/2024

Weichert Realtors - Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1924

Lot Details

  • 3,311 Sq Ft Lot
  • Lot Dimensions are 30x110

Parking

  • 2 Car Detached Garage

Home Design

  • Bi-Level Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 45-08-09-131-013.000-004

Community Details

Overview

  • No Home Owners Association
  • Gary Land Companys 11Th Sub Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$655

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Reso Property Sub Type: Duplex
  • Road Frontage Type: See Remarks
  • ResoLaundryFeatures: None
  • ResoLotFeatures: See Remarks
  • ResoPoolFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA970
  • Subdivision Name: Gary Land Companys 11th Sub
  • Above Grade Finished Sq Ft: 1203
  • Garage Yn: Yes
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • Reso Other Structures: None
  • Financial Info Electric: Other
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Interior Amenities: None
  • Basement: Walk-Out Access
  • Flooring: None
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1203

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Acres: 0.076
  • Foundation Details: None
  • Patio And Porch Features: None

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Dimensions: 30X110
  • Lot Size Sq Ft: 3310.56
  • Parcel #: 45-08-09-131-013.000-004

Rental Info

  • Owner Pays: All Utilities

Tax Info

  • Year: 2023
  • Tax Annual Amount: 655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 16, 2024
Sold by
Loop Properties Llc
Bought by
Burrell Bruce and Whipple Edward
Seller's Agent
Steve Monsma
Weichert Realtors - Shoreline
Buyer's Agent
Steve Monsma
Weichert Realtors - Shoreline
List Price
$41,500
Sold Price
$37,500
Premium/Discount to List
-$4,000
-9.64%
Views
67
Current Estimated Value
$53,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,620
Avg. Annual Appreciation
26.02%
Original Mortgage
$27,500
Outstanding Balance
$27,239
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Estimated Equity
$22,140

Purchase Details

Closed on
Nov 7, 2023
Sold by
Murray Christopher
Bought by
Loop Properties Llc

Purchase Details

Closed on
Jan 29, 2019
Sold by
Gray Carl D and Wellons Betty
Bought by
Murray Christopher

Purchase Details

Closed on
Jun 17, 2013
Sold by
Barnes Wandra and Estate Of Leroy Gray
Bought by
Gary Carl D and Wellons Betty
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Burrell Bruce $37,500 Northwest Indiana Title
Loop Properties Llc -- Greater Indiana Title Company
Murray Christopher $500 None Available
Gary Carl D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrell Bruce $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $37,500 -9.6% $31 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $41,500 -- $34 / 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 $3,174 $36,500 $4,300 $32,200
2023 $595 $36,000 $4,500 $31,500
2022 $497 $28,500 $1,700 $26,800
2021 $457 $26,300 $1,700 $24,600
2020 $436 $25,100 $1,700 $23,400
2019 $690 $28,200 $1,700 $26,500
2018 $1,527 $35,500 $1,700 $33,800
2017 $1,009 $45,300 $1,700 $43,600
2016 $1,040 $47,400 $1,700 $45,700
2014 $1,271 $54,300 $2,100 $52,200
2013 $1,173 $52,200 $2,100 $50,100
Source: Public Records

Agents Affiliated with this Home

  • Steve Monsma

    Seller's Agent in 2024

    Steve Monsma

    Weichert Realtors - Shoreline

    (219) 713-9450

    6 in this area

    132 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 802218

Northwest Indiana Association of REALTORS®

APN: 45-08-09-131-013.000-004

Indiana Lake County Gary 46402 Midtown

1048 Tyler St, Gary, IN

This home is located at 1048 Tyler St, Gary, IN 46402 since 16 April 2024 and is currently estimated at $56,421, approximately $46 per square foot. This property was built in 1924. 1048 Tyler St is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, and West Side Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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