NOT LISTED FOR SALE

1156 Wallace St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $79,000 - $140,000

2 Beds
1 Bath
796 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 22, 2012

Last sale price $4,000 $5 Per Sq Ft

Est. 2,887% increase in value since last sale

Current estimated payment $760/month

71 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Paved or Partially Paved Lot
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of October 2012

Easy One Level Living. 2 bedrooms, one bath, plus full basement. Detached 1 car garage and nice sized yard, too. Your TLC will make this home shine again. THIS IS A FANNIE MAE HOMEPATH PROPERTY! SELLER RESERVES THE RIGHT TO ACCEPT ONLY OWNER OCCUPIED/PUBLIC ENTITY OFFERS DURING FIRST 15 DAYS ON MARKET UNDER FANNIE MAE FIRST LOOK PROGRAM.VISIT HOMEPATH WEBSITE FOR DETAILS.

Last Agent to Sell the Property

Michele O'Connor

RE/MAX 10 Schererville License #RB14048805 Listed on: 08/05/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,875 Sq Ft Lot
  • Lot Dimensions are 47x125
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 796 Sq Ft Home
  • Living Room
  • Basement

Bedrooms and Bathrooms

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

Utilities

  • No Cooling
  • No Heating

Community Details

  • Gary Heights Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450807252021000004

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1102
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: gary heights
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 782
  • 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_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bedroom, Main Floor Bathroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.1349

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling Y N: No
  • Heating: None

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 47X125
  • Lot Size Sq Ft: 5875
  • Parcel #: 450807252021000004

Tax Info

  • Year: 2011
  • Tax Annual Amount: 1340

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Auditor Of Lake County
Bought by
Bowman Tannehill Investments Lp
Current Estimated Value
$119,465

Purchase Details

Closed on
Dec 10, 2018
Sold by
County Of Lake
Bought by
Martins Rilwan and Mar Aissatou

Purchase Details

Listed on
Aug 5, 2012
Closed on
Oct 22, 2012
Sold by
Federal National Mortgage Association
Bought by
Watts Clyde
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
List Price
$4,000
Sold Price
$4,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.22%

Purchase Details

Closed on
Jul 6, 2012
Sold by
Mccue Glenn C and Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 25, 2007
Sold by
Red Brick Investment Properties Llc
Bought by
Mccue Glenn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2006
Sold by
Smith Vernon G
Bought by
Red Brick Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Bowman Tannehill Investments Lp $5,778 --
Martins Rilwan -- None Available
Watts Clyde -- None Available
Federal National Mortgage Association $80,808 None Available
Mccue Glenn C -- Northwest In Title Svcs Inc
Red Brick Investment Properties Llc -- Northwest In Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccue Glenn C $60,000
Previous Owner Red Brick Investment Properties Llc $18,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2012 10/22/12 Sold $4,000 0.0% $5 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
08/05/2012 08/05/12 For Sale $4,000 -- $5 / 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 $1,697 $84,700 $10,000 $74,700
2024 $5,722 $70,200 $10,600 $59,600
2023 $1,276 $64,900 $10,600 $54,300
2022 $1,276 $49,800 $5,700 $44,100
2021 $1,181 $46,100 $5,700 $40,400
2020 $1,271 $49,600 $5,700 $43,900
2019 $1,133 $52,000 $5,700 $46,300
2018 $1,502 $52,000 $5,700 $46,300
2017 $1,167 $52,600 $5,700 $46,900
2016 $1,226 $54,700 $5,700 $49,000
2014 $1,685 $72,000 $6,400 $65,600
2013 $1,557 $69,300 $6,300 $63,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michele O'Connor

    RE/MAX

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR312969

Northwest Indiana Association of REALTORS®

APN: 45-08-07-252-021.000-004

Indiana Lake County Gary 46404 Tolleston

1156 Wallace St, Gary, IN

Not Listed for Sale

Detached

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