NOT LISTED FOR SALE

1150 Wallace St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $63,000 - $115,000

2 Beds
1 Bath
768 Sq Ft
$119/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2023

Last sale price $14,000 $18 Per Sq Ft

Est. 550% increase in value since last sale

Current estimated payment $552 / mo

40 Days on Market

Highlights

  • Ranch Style House
  • Bathroom on Main Level
  • Level Lot
  • Living Room

About This Home

As of February 2023

INVESTMENT OPPORTUNITY! This 2 bedroom 1 bathroom ranch on a basement is ready to be brought back to life. Don't miss your chance - owner carry options as well as construction and conventional loans will be considered!AVAILABLE AS A SINGLE PROPERTY OR AS A PACKAGE - ASK YOUR AGENT FOR MORE INFORMATION.

Last Agent to Sell the Property

Stephani Nydam

Realty Executives Premier License #RB19001139 Listed on: 11/18/2022

Realty Executives Premier

Last Buyer's Agent

Margaret Dworak

McColly Real Estate License #RB19000834

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

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

Home Design

  • Ranch Style House
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Utilities

  • No Cooling
  • No Heating
  • No Utilities

Community Details

  • Gary Heights Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450807252020000004

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

9,365 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1942
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1830
  • Subdivision Name: Gary Heights
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 768
  • GNR_HeatSystem: None
  • 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
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Total Bedrooms: 2

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: 75X125
  • Lot Size Sq Ft: 9365
  • Parcel #: 450807252020000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 729

Multi Family

  • Existing Lease Type: Net

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jan 27, 2023
Sold by
Bought by
Seller's Agent
Stephani Nydam
Realty Executives Premier
Buyer's Agent
Margaret Dworak
McColly Real Estate
List Price
$20,000
Sold Price
$14,000
Premium/Discount to List
-$6,000
-30%
Current Estimated Value
$91,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,066
Avg. Annual Appreciation
72.35%

Purchase Details

Closed on
Jan 27, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2014
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 2013
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$14,000 Fidelity National Title
$7,300 None Listed On Document
-- None Available
$2,003 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $10,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 Sold $14,000 -30.0% $18 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $20,000 -- $26 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $754 $34,600 $13,700 $20,900
2024 $2,310 $27,300 $15,200 $12,100
2023 $494 $26,200 $15,200 $11,000
2022 $494 $19,300 $8,100 $11,200
2021 $669 $26,100 $8,100 $18,000
2020 $669 $26,100 $8,100 $18,000
2019 $1,050 $26,700 $8,100 $18,600
2018 $969 $26,700 $8,100 $18,600
2017 $612 $26,900 $8,100 $18,800
2016 $623 $27,800 $8,100 $19,700
2014 $910 $38,900 $9,100 $29,800
2013 $849 $37,800 $9,100 $28,700
Source: Public Records

Agents Affiliated with this Home

  • Stephani Nydam

    Seller's Agent in 2023

    Stephani Nydam

    Realty Executives

    (708) 601-2874

    14 in this area

    171 Total Sales

    Stephani Nydam
    Section Image

  • M

    Buyer's Agent in 2023

    Margaret Dworak

    McColly Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR523027

Northwest Indiana Association of REALTORS®

APN: 45-08-07-252-020.000-004

Indiana Lake County Gary 46404 Tolleston

1150 Wallace St, Gary, IN

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® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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