NOT LISTED FOR SALE

1123 Garfield St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $35,000 - $110,000

3 Beds
1 Bath
1,320 Sq Ft
$47/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $10,000 $8 Per Sq Ft

Est. 516% increase in value since last sale

Current estimated payment $447/month

14 Days on Market

About This Home

As of October 2022

Attention Investors - Presenting - 3 BR, 1 Bath house in need of TLC. Rehab property with tremendous upside. Priced to sell while allowing you to add value with repairs/updating. Flip opportunity or positive cash flow potential once rehabbed.Property has completed the tax certification process through Meridian Title allowing the right investor with cash to have a quick, easy closing.This property is one of 49 listings that may be also be subdivided and packaged for a portfolio purchase depending on the investors preferences. Please contact a Realtor for information on how to subdivide/assemble package.

Last Listed By

Dennis Nichols

Weichert, Realtors-Moke Agency License #RB20001421 Listed on: 09/20/2022

Weichert, Realtors-Moke Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 9,365 Sq Ft Lot
  • Lot Dimensions are 75'x125'

Home Design

  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 1,320 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement

Utilities

  • No Cooling
  • No Heating
  • No Utilities

Community Details

  • Frankels Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450808280019000004

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1921
  • Co List Office Mls Id: GNR769
  • Subdivision Name: Frankels Sub
  • Architectural Style: Two Story
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 672
  • GNR_HeatSystem: None
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 0
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: None
  • Acres: 0.215

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Off
  • Cooling Y N: No
  • Heating: None

Lot Info

  • Lot Dimensions: 75'x125'
  • Lot Size Sq Ft: 9365
  • Parcel #: 450808280019000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 442

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Oct 10, 2022
Sold by
Afarian Diran
Bought by
Menindez Jonathan
Seller's Agent
Dennis Nichols
Weichert, Realtors-Moke Agency
List Price
$10,000
Sold Price
$10,000
Total Days on Market
14
Current Estimated Value
$61,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,601
Avg. Annual Appreciation
99.14%

Purchase Details

Closed on
Oct 7, 2021
Sold by
Auditor Of Lake County
Bought by
Causey Otis
Source: Public Records

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Range of Values:

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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
Menindez Jonathan -- --
Causey Otis $700 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $10,000 0.0% $8 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $10,000 -- $8 / 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 $1,226 $13,700 $6,500 $7,200
2023 $397 $13,900 $6,500 $7,400
2022 $397 $15,500 $7,700 $7,800
2021 $382 $14,900 $7,700 $7,200
2020 $382 $14,900 $7,700 $7,200
2019 $1,366 $14,900 $7,700 $7,200
2018 $1,220 $14,900 $7,700 $7,200
2017 $354 $15,000 $7,700 $7,300
2016 $260 $10,800 $3,200 $7,600
2014 $2,020 $86,300 $3,200 $83,100
2013 $1,964 $87,400 $3,200 $84,200
Source: Public Records

Agents Affiliated with this Home

  • Dennis Nichols

    Seller's Agent in 2022

    Dennis Nichols

    Weichert, Realtors-Moke Agency

    (219) 257-2800

    2 in this area

    73 Total Sales

    Dennis Nichols
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR520009

Northwest Indiana Association of REALTORS®

APN: 45-08-08-280-019.000-004

Indiana Lake County Gary 46404 Tolleston

1123 Garfield St, Gary, IN

This home is located at 1123 Garfield St, Gary, IN 46404 since 20 September 2022 and is currently estimated at $61,601, approximately $46 per square foot. This property was built in 1921. 1123 Garfield St is a home located in Lake County with nearby schools including Beveridge Elementary School, Bailly Preparatory Academy, 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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