NOT LISTED FOR SALE

1117 Colfax St Gary, IN 46406

Westside Neighborhood

Estimated Value: $55,000 - $183,212

3 Beds
1 Bath
1,446 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $48,000 $33 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $900/month

8 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

As of November 2024

Great opportunity to buy this split level home in need of renovation, located in Gary, IN and sitting on a 50x120 lot. The interior has 1446 sq. ft. with 3 bedrooms and 1 bathroom and a 1 car built in garage.

Last Agent to Sell the Property

Aaron Brailer

REALHome Services and Solution License #RB17001940 Listed on: 10/14/2024

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $280

Year Built

  • Built in 1971

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,446 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • M E Wrights Add 01 Subdivision

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 450712151012000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$280

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • Reso View: None
  • Co List Office Mls Id: NRA1249
  • Subdivision Name: M E Wrights Add 01
  • Above Grade Finished Sq Ft: 1446
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: Yes
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: 1088
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Partial
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.1377
  • Construction Type: Vinyl Siding
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50X120
  • Lot Size Sq Ft: 6000
  • Parcel #: 450712151012000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Nov 12, 2024
Sold by
Bank Of New York Mellon Trust Company Na
Bought by
Mjc 1 Construction Llc
Seller's Agent
Aaron Brailer
REALHome Services and Solution
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$9,100
Sold Price
$48,000
Premium/Discount to List
$38,900
427.47%
Views
31
Current Estimated Value
$143,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,803
Avg. Annual Appreciation
184.34%

Purchase Details

Closed on
Jul 19, 2024
Sold by
Sheriff Of Lake County State Of Indiana
Bought by
Bank Of New York Mellon Trust
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

Date Buyer Sale Price Title Company
Mjc 1 Construction Llc $48,000 None Listed On Document
Mjc 1 Construction Llc $48,000 None Listed On Document
Bank Of New York Mellon Trust $67,239 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $48,000 +427.5% $33 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $9,100 -- $6 / 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 $5,969 $73,400 $9,600 $63,800
2023 $280 $67,700 $9,600 $58,100
2022 $312 $62,500 $6,400 $56,100
2021 $307 $62,600 $6,400 $56,200
2020 $237 $60,200 $6,400 $53,800
2019 $280 $60,200 $6,400 $53,800
2018 $277 $60,200 $6,400 $53,800
2017 $302 $61,600 $6,400 $55,200
2016 $634 $77,400 $6,400 $71,000
2014 $438 $77,000 $7,300 $69,700
2013 $355 $74,400 $7,300 $67,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Aaron Brailer

    REALHome Services and Solution

    (888) 876-3372

    2 in this area

    598 Total Sales

    Aaron Brailer
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Agent

    Non-Member MLS Office

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 811617

Northwest Indiana Association of REALTORS®

APN: 45-07-12-151-012.000-004

Indiana Lake County Gary 46406 Westside

1117 Colfax St, Gary, IN

Not Listed for Sale

Detached

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