Seller's Agent in 2025
Jen Luce
Realty Executives
(219) 472-4136
1 in this area
73 Total Sales
1224 W 15th Ave Gary, IN 46407
Midtown NeighborhoodEstimated Value: $138,000 - $171,000
8
Beds
3
Baths
2,538
Sq Ft
$62/Sq Ft
Est. Value
Highlights
- Tile Flooring
- Forced Air Heating System
- Laundry Facilities
About This Home
As of February 2025MOTIVATED SELLER **** CASH FLOWING RENTAL, EVEN WITH ONE UNIT CURRENTLY NOT RENTED!Attention investors! Excellent rental with numerous recent updates...2 of 3 units currently rented. Third unit is ready to go. Live in one unit and rent the other 2!Current tenants have been in place for over 2 years. Please see below for current rents.Two 3 bedroom apartments on main and upper levels. One 2 bedroom apartment on basement level. Owner pays only water...separate electric/gas meters for each unit. Add this rental property to your investment portfolio today!
Last Agent to Sell the Property
Realty Executives Premier License #RB19001840 Listed on: 12/09/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $623
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 32 x 125
- Land Lease expires 12/11/24
Home Design
- Triplex
- Brick Foundation
Interior Spaces
- 2,538 Sq Ft Home
- 3-Story Property
- Tile Flooring
- Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Property Available on 12/11/24
- The owner pays for water
- Assessor Parcel Number 450809160014000004
- Seller Considering Concessions
Community Details
Overview
- 3 Units
- Nonen Subdivision
Amenities
- Laundry Facilities
Building Details
- New Taxes Expense $623
- Operating Expense $6,000
- Net Operating Income $25,400
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
Dec 9, 2024
Closed on
Jan 29, 2025
Sold by
Bought by
Seller's Agent
Jen Luce
Realty Executives Premier
Buyer's Agent
Hector Calderon
Haven Realty
List Price
$199,000
Sold Price
$162,000
Premium/Discount to List
-$37,000
-18.59%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,002
Avg. Annual Appreciation
-1.76%
Purchase Details
Listed on
Jul 26, 2023
Closed on
Nov 2, 2023
Sold by
Bought by
Seller's Agent
Michele Cacovski
Century 21 Circle
List Price
$149,900
Sold Price
$149,900
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$112,425
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 26, 2023
Closed on
Sep 7, 2023
Sold by
Bought by
Seller's Agent
Michele Cacovski
Century 21 Circle
List Price
$149,900
Sold Price
$149,900
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,425
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 26, 2023
Closed on
Sep 1, 2023
Sold by
Bought by
Seller's Agent
Michele Cacovski
Century 21 Circle
List Price
$149,900
Sold Price
$149,900
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,425
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2019
Sold by
Bought by
Purchase Details
Closed on
Oct 3, 2018
Sold by
Bought by
Purchase Details
Closed on
Aug 15, 2016
Sold by
Bought by
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Chicago Title Insurance Compan | ||
| -- | None Listed On Document | ||
| -- | Northwest Indiana Title | ||
| $149,900 | Northwest Indiana Title | ||
| -- | None Available | ||
| -- | 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 |
|---|---|---|---|
| Previous Owner | $112,425 | ||
| Previous Owner | $112,425 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 02/03/2025 02/03/25 | Sold | $162,000 | -14.7% | $64 / Sq Ft | |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- | |
| 12/18/2024 12/18/24 | Price Changed | $189,900 | +5.6% | $75 / Sq Ft | |
| 12/18/2024 12/18/24 | Price Changed | $179,900 | -9.6% | $71 / Sq Ft | |
| 12/09/2024 12/09/24 | For Sale | $199,000 | +32.8% | $78 / Sq Ft | |
| 09/07/2023 09/07/23 | Sold | $149,900 | 0.0% | $59 / Sq Ft | View Prior Sale |
| 08/26/2023 08/26/23 | Pending | -- | -- | -- | |
| 07/26/2023 07/26/23 | For Sale | $149,900 | -- | $59 / 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 | $683 | $148,200 | $5,400 | $142,800 |
| 2024 | $2,178 | $102,000 | $5,400 | $96,600 |
| 2023 | $623 | $24,700 | $5,500 | $19,200 |
| 2022 | $501 | $19,200 | $2,100 | $17,100 |
| 2021 | $468 | $17,900 | $2,100 | $15,800 |
| 2020 | $450 | $17,200 | $2,100 | $15,100 |
| 2019 | $515 | $18,400 | $2,100 | $16,300 |
| 2018 | $744 | $22,600 | $2,100 | $20,500 |
| 2017 | $564 | $22,900 | $2,100 | $20,800 |
| 2016 | $60 | $23,800 | $2,100 | $21,700 |
| 2014 | -- | $52,300 | $2,500 | $49,800 |
| 2013 | -- | $50,500 | $2,600 | $47,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jen Luce
-
Jodi Gheaja
Seller Co-Listing Agent in 2025
Jodi Gheaja
Realty Executives
(219) 771-5634
1 in this area
387 Total Sales
-
Hector Calderon
Buyer's Agent in 2025
Hector Calderon
Haven Realty
(805) 878-6547
7 in this area
82 Total Sales
-
Michele Cacovski
Seller's Agent in 2023
Michele Cacovski
Century 21 Circle
(219) 730-1091
6 in this area
33 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 813911
APN: 45-08-09-160-014.000-004
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.
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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