NOT LISTED FOR SALE

1118 Benton St Gary, IN 46403

Aetna Neighborhood

Estimated Value: $99,000 - $134,000

3 Beds
1 Bath
936 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $14,500 $15 Per Sq Ft

Est. 728% increase in value since last sale

Current estimated payment $751/month

15 Days on Market

Highlights

  • Ranch Style House
  • Cooling Available
  • Forced Air Heating System
  • No HOA

About This Home

As of March 2023

Don't miss out on this opportunity! This solid property may be the perfect investment for you! This home has 3 bedrooms and 1 bathroom perfect for cozy living. This property also has aluminum siding on the exterior and resting on a slab. This home is great for investors with endless ideas and ready to see them come to life! This property is located in an actively developing community and is being sold as-is. Come view this great investment today, it will not last long!

Last Listed By

Armond Boulware

Coldwell Banker Realty License #RB17001020 Listed on: 03/08/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $979

Year Built

  • Built in 1950

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50x120

Home Design

  • 936 Sq Ft Home
  • Ranch Style House
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 450812227045000004

Community Details

Overview

  • No Home Owners Association
  • Aetna Manor 02 Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$979

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Co List Office Mls Id: GNR166
  • Subdivision Name: Aetna Manor 02
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bedroom
  • Basement YN: No
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.138

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50x120
  • Lot Size Sq Ft: 6011
  • Parcel #: 450812227045000004

Tax Info

  • Year: 2021

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Re Investing Llc
Bought by
Freeman Richard and Freeman Crystal
Total Days on Market
15
Current Estimated Value
$120,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Outstanding Balance
$97,174
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$35,621

Purchase Details

Listed on
Mar 8, 2023
Closed on
Mar 24, 2023
Sold by
Clifton Eric
Bought by
Re Investing Llc
Seller's Agent
Armond Boulware
Coldwell Banker Realty
Buyer's Agent
Andrew Deering
Listing Leaders
List Price
$20,000
Sold Price
$14,500
Premium/Discount to List
-$5,500
-27.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.13%
Original Mortgage
$66,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2022
Sold by
Armond Boulware
Bought by
Clifton Eric

Purchase Details

Closed on
Oct 7, 2021
Sold by
Auditor Of Lake County
Bought by
Waddell Lucille M

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
Freeman Richard $115,000 Chicago Title
Re Investing Llc $14,500 Fidelity National Title
Clifton Eric -- Robert F Tweedle
Waddell Lucille M $1,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Richard $97,750
Previous Owner Re Investing Llc $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $14,500 -27.5% $15 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $20,000 -- $21 / 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 $979 $11,300 $7,900 $3,400
2023 $280 $11,100 $7,900 $3,200
2022 $225 $19,600 $5,000 $14,600
2021 $215 $18,800 $5,000 $13,800
2020 $237 $20,700 $5,000 $15,700
2019 $1,635 $20,200 $4,900 $15,300
2018 $1,393 $20,200 $4,900 $15,300
2017 $213 $20,400 $4,900 $15,500
2016 $219 $21,200 $4,900 $16,300
2014 $335 $30,800 $5,900 $24,900
2013 $317 $29,800 $5,900 $23,900
Source: Public Records

Agents Affiliated with this Home

  • Armond Boulware

    Seller's Agent in 2023

    Armond Boulware

    Coldwell Banker Realty

    (219) 614-7986

    1 in this area

    56 Total Sales

    Armond Boulware
    Section Image
  • Andrew Deering

    Buyer's Agent in 2023

    Andrew Deering

    Listing Leaders

    (219) 916-6474

    2 in this area

    10 Total Sales

    Andrew Deering
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR527001

Northwest Indiana Association of REALTORS®

APN: 45-08-12-227-045.000-004

Indiana Lake County Gary 46403 Aetna

1118 Benton St, Gary, IN

Homes for Sale in Gary, IN

This home is located at 1118 Benton St, Gary, IN 46403 since 08 March 2023 and is currently estimated at $120,089, approximately $128 per square foot. This property was built in 1950. 1118 Benton St is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, 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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