NOT LISTED FOR SALE

1124 Wallace St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $84,000 - $114,498

2 Beds
1 Bath
748 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $95,000 $127 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $712/month

56 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Bathroom on Main Level
  • No HOA
  • Cooling Available
  • Forced Air Heating System

About This Home

As of February 2024

A great opportunity to own your home for less than what you'd pay for rent! This recently renovated solid home features 2 Bedrooms and 1 Bathroom with new kitchen cabinets, butcher block countertops, new hardware and new appliances. There's life-proof vinyl flooring installed throughout and super easy to maintain. Each bedroom includes a ceiling fan, and the bathroom has new a vanity, mirror, lighting, hardware and fixtures plus a large-format ceramic tile shower enclosure with a convenient linen closet. All rooms are freshly painted. Large yard, low taxes, solidly built. This could be your fresh start for the new year! Make this your home today.

Last Agent to Sell the Property

Larita Thomas

@properties/Christie's Intl RE Brokerage Phone: 219-973-8481 License #RB18000650 Listed on: 11/29/2023

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1951

Lot Details

  • 3,746 Sq Ft Lot
  • Lot Dimensions are 30 x 125
  • Paved or Partially Paved Lot

Home Design

  • 748 Sq Ft Home
  • Ranch Style House
  • Cement Siding

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Laundry on main level
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 450807252016000004

Community Details

Overview

  • No Home Owners Association
  • Gary Hts/The City/Gary As Show Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR2041
  • Subdivision Name: Gary Hts/The City/Gary As Show
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Cement Block
  • 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
  • Attribution Contact: 219-973-8481
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 0.086

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 30 x 125
  • Lot Size Sq Ft: 3746
  • Parcel #: 450807252016000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 606

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Feb 5, 2024
Sold by
Five Eleven Enterprises Llc
Bought by
Trust No 123082
Seller's Agent
Larita Thomas
@properties/Christie's Intl RE
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%
Views
110
Current Estimated Value
$97,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,875
Avg. Annual Appreciation
1.85%

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 30, 2024
Sold by
Five Eleven Enterprises Llc
Bought by
Trust No 123082
Seller's Agent
Larita Thomas
@properties/Christie's Intl RE
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%
Views
110

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 19, 2023
Sold by
Freeland Robin R
Bought by
Five Eleven Enterprises Llc
Seller's Agent
Gerald Harbour
McColly Real Estate
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
541.83%
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
Trust No 123082 -- Meridian Title
Trust No 123082 $95,000 Meridian Title
Five Eleven Enterprises Llc $30,000 Community Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $95,000 -4.9% $127 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/15/2024 01/15/24 Price Changed $99,900 -12.4% $134 / Sq Ft
01/02/2024 01/02/24 Price Changed $114,000 -0.9% $152 / Sq Ft
11/29/2023 11/29/23 For Sale $115,000 +283.3% $154 / Sq Ft
06/22/2023 06/22/23 Sold $30,000 -14.0% $40 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $34,900 -- $47 / 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 $2,345 $61,700 $6,800 $54,900
2023 $671 $26,600 $6,800 $19,800
2022 $607 $23,700 $3,600 $20,100
2021 $638 $24,900 $3,600 $21,300
2020 $638 $24,900 $3,600 $21,300
2019 $827 $25,700 $3,600 $22,100
2018 $912 $25,700 $3,600 $22,100
2017 $624 $26,100 $3,600 $22,500
2016 $638 $27,100 $3,600 $23,500
2014 $676 $28,900 $4,100 $24,800
2013 $629 $28,000 $4,100 $23,900
Source: Public Records

Agents Affiliated with this Home

  • Larita Thomas

    Seller's Agent in 2024

    Larita Thomas

    @ Properties

    (219) 973-8481

    8 in this area

    211 Total Sales

    Larita Thomas
    Section Image

  • G

    Seller's Agent in 2023

    Gerald Harbour

    McColly Real Estate

    (219) 688-3007

    4 in this area

    13 Total Sales

    Gerald Harbour
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR542257

Northwest Indiana Association of REALTORS®

APN: 45-08-07-252-016.000-004

Indiana Lake County Gary 46404 Tolleston

1124 Wallace St, Gary, IN

This home is located at 1124 Wallace St, Gary, IN 46404 since 29 November 2023 and is currently estimated at $97,875, approximately $130 per square foot. This property was built in 1951. 1124 Wallace St is a home located in Lake County with nearby schools including Bailly Preparatory Academy, West Side Leadership Academy, and Aspire Charter 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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