NOT LISTED FOR SALE

1125 Jackson St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $43,000 - $87,000

5 Beds
3 Baths
2,784 Sq Ft
$23/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $9,000 $3 Per Sq Ft

Est. 432% increase in value since last sale

Current estimated payment $280/month

113 Days on Market

About This Home

As of February 2023

Attention Investors - Presenting - Brick 3 unit apartment building with basement 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 Agent to Sell the Property

Dennis Nichols

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

Weichert, Realtors-Moke Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,615

Home Design

  • 2,784 Sq Ft Home

Additional Features

  • 3 Full Bathrooms
  • 3,615 Sq Ft Lot

Community Details

  • 3 Units
  • Gary Land Companys 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450809254009000004

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR769
  • Subdivision Name: Gary Land Companys 11
  • GNR_TotalBathrooms: 0
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3

Exterior Features

  • Acres: 0.083

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 3615
  • Parcel #: 450809254009000004

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Feb 10, 2023
Sold by
Mccrimmon John
Bought by
Jimenez Richard
Seller's Agent
Dennis Nichols
Weichert, Realtors-Moke Agency
List Price
$9,000
Sold Price
$9,000
Current Estimated Value
$47,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,877
Avg. Annual Appreciation
96.86%

Purchase Details

Listed on
Sep 20, 2022
Closed on
Feb 6, 2023
Sold by
Afarian Diran
Bought by
Mccrimmon John
Seller's Agent
Dennis Nichols
Weichert, Realtors-Moke Agency
List Price
$9,000
Sold Price
$9,000

Purchase Details

Closed on
Oct 7, 2021
Sold by
Auditor Of Lake County
Bought by
Lewis Warren and Lewis Erma
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
Jimenez Richard -- None Listed On Document
Mccrimmon John -- None Listed On Document
Mccrimmon John $9,000 --
Lewis Warren $500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $9,000 0.0% $3 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
09/20/2022 09/20/22 For Sale $9,000 -- $3 / 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
2025 $348 $9,500 $4,600 $4,900
2024 $776 $9,000 $4,600 $4,400
2023 $238 $8,800 $4,600 $4,200
2022 $238 $9,300 $1,800 $7,500
2021 $1,273 $49,700 $1,800 $47,900
2020 $1,214 $47,400 $1,800 $45,600
2019 $1,948 $51,200 $1,800 $49,400
2018 $2,193 $66,900 $1,800 $65,100
2017 $1,494 $67,700 $1,800 $65,900
2016 $1,539 $70,800 $1,800 $69,000
2014 $1,872 $80,000 $2,100 $77,900
2013 $1,728 $76,900 $2,100 $74,800
Source: Public Records

Agents Affiliated with this Home

  • Dennis Nichols

    Seller's Agent in 2023

    Dennis Nichols

    Weichert, Realtors-Moke Agency

    (219) 257-2800

    4 in this area

    72 Total Sales

    Dennis Nichols
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR519890

Northwest Indiana Association of REALTORS®

APN: 45-08-09-254-009.000-004

Indiana Lake County Gary 46407 Midtown

1125 Jackson St, Gary, IN

Not Listed for Sale

MultiFamily

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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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