NOT LISTED FOR SALE

1120 N Wells St Gary, IN 46403

Miller Neighborhood

Estimated Value: $238,000 - $421,000

2 Beds
2 Baths
1,934 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $225,000 $116 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,197/month

85 Days on Market

Highlights

  • Lake View
  • No HOA
  • Outdoor Storage
  • 2-Story Property
  • Country Kitchen
  • 3-minute walk to Wells Street Beach

About This Home

As of June 2024

HALF a block!! Walking distance to LAKE MICHIGAN!!!! This is a rare opportunity to enjoy the VIEWS and make an investment opportunity to own this secluded hidden gem that sits on top of hillside! While others spend - YOU INVEST! Profitable future to come!!! Bring you imagination and ideas and start today!! Selling AS IS!

Last Agent to Sell the Property

Karen Maynard

McColly Real Estate License #RB14018881 Listed on: 02/28/2024

McColly Real Estate

Last Buyer's Agent

Karen Maynard

McColly Real Estate License #RB14018881 Listed on: 02/28/2024

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1927

Lot Details

  • 16,366 Sq Ft Lot
  • Lot Dimensions are 75 x 218.22

Home Design

  • 2-Story Property

Interior Spaces

  • Lake Views
  • Country Kitchen
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

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

Community Details

  • No Home Owners Association
  • Miller Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-05-33-229-042.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,465

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Views
  • Road Frontage Type: City Street
  • Reso View: Lake
  • Co List Office Mls Id: NRA233
  • Subdivision Name: Miller Beach
  • Above Grade Finished Sq Ft: 1079
  • Architectural Style: Hillside Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Country Kitchen
  • Basement: Walk-Out Access
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 855

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.0389

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 75 x 218.22
  • Lot Size Sq Ft: 16366
  • Parcel #: 45-05-33-229-042.000-004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
May 31, 2024
Sold by
Larsen Elizabeth A
Bought by
Trust Number 120451 and Indiana Land Trust
Seller's Agent
Karen Maynard
McColly Real Estate
Buyer's Agent
Karen Maynard
McColly Real Estate
List Price
$324,900
Sold Price
$225,000
Premium/Discount to List
-$99,900
-30.75%
Views
154
Current Estimated Value
$347,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,471
Avg. Annual Appreciation
38.99%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trust Number 120451 $225,000 Community Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2024 06/05/24 Sold $225,000 -30.7% $116 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $324,900 0.0% $168 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $324,900 -7.2% $168 / Sq Ft
02/28/2024 02/28/24 For Sale $350,000 -- $181 / 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 $30,401 $364,900 $275,900 $89,000
2023 $2,542 $344,800 $261,000 $83,800
2022 $2,542 $197,600 $107,300 $90,300
2021 $2,404 $187,500 $105,700 $81,800
2020 $2,366 $184,700 $105,700 $79,000
2019 $1,820 $175,200 $101,800 $73,400
2018 $1,661 $150,900 $87,700 $63,200
2017 $1,618 $144,500 $82,200 $62,300
2016 $1,598 $144,500 $82,200 $62,300
2014 $1,607 $138,200 $78,300 $59,900
2013 $1,496 $133,500 $78,300 $55,200
Source: Public Records

Agents Affiliated with this Home

  • Karen Maynard

    Seller's Agent in 2024

    Karen Maynard

    McColly Real Estate

    (219) 241-4899

    4 in this area

    153 Total Sales

    Karen Maynard
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 800122

Northwest Indiana Association of REALTORS®

APN: 45-05-33-229-042.000-004

Indiana Lake County Gary 46403 Miller

1120 N Wells St, Gary, IN

This home is located at 1120 N Wells St, Gary, IN 46403 since 28 February 2024 and is currently estimated at $347,471, approximately $179 per square foot. This property was built in 1927. 1120 N Wells 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.

Nearby Homes