NOT LISTED FOR SALE

1325 Marshall St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $76,000 - $198,000

6 Beds
4 Baths
4,302 Sq Ft
$29/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2022

Last sale price $97,000 $23 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $846 / mo

2 Days on Market

About This Home

As of January 2022

Investor Special!! This 3 family dwelling is the perfect investment. Communal washer/dryer in basement. Property sold AS IS.

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 12/13/2021

Range of Values:

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

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1930

Lot Details

  • 4,574 Sq Ft Lot

Home Design

  • 4,302 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Side Driveway
  • Off-Street Parking

Community Details

  • 3 Units
  • South Bend & Gary Lands Companys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450808182005000004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,142

Year Built

Built in 1930

Lot Details

4,574 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR1136
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: South Bend & Gary Lands Companys
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.105

Garage/Parking

  • Parking Features: Off Street, Side Drive, None

Lot Info

  • Lot Size Sq Ft: 4574
  • ResoLotSizeUnits: Acres
  • Parcel #: 450808182005000004
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1142

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 13, 2021
Closed on
Jan 11, 2022
Sold by
Thompson Merlene Elaine
Bought by
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$97,000
Sold Price
$97,000
Current Estimated Value
$123,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,686
Avg. Annual Appreciation
5.41%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Tolleston, IN

  • RH

    Randy Hoyle

    Randall Hoyle

    (219) 244-5445

    56 Total Sales

    2 in Tolleston

    $90K - $160K Price Range

    Randy Hoyle
     Section Image
  • Melissa Yanez Real Estate Agent - Favela Real Estate, LLC

    Melissa Yanez

    Favela Real Estate, LLC

    (219) 240-0461

    96 Total Sales

    1 in Tolleston

    $101,000 Price

    Melissa Yanez
     Section Image
  • Crystal Soliday Real Estate Agent

    Crystal Soliday

    (219) 245-7817

    129 Total Sales

    1 in Tolleston

    $200,000 Price

    Crystal Soliday
     Section Image
  • Lisa Gaff Real Estate Agent - White Hat Realty Group, LLC

    Lisa Gaff

    White Hat Realty Group, LLC

    (708) 740-2403

    310 Total Sales

    1 in Tolleston

    $155,000 Price

    Lisa Gaff
     Section Image
  • Justin Hanuscin Real Estate Agent

    Justin Hanuscin

    (219) 319-1650

    106 Total Sales

    5 in Tolleston

    $138K - $235K Price Range

    Justin Hanuscin
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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
-- Meridian Title
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 $88,500
Previous Owner Thompson Merlene Elaine $25,000
Previous Owner Thompson Merlene Elaine $43,000
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
01/14/2022 01/14/22 Sold $97,000 0.0% $23 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $97,000 -- $23 / 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 $2,277 $138,100 $4,900 $133,200
2024 $7,750 $86,200 $3,900 $82,300
2023 $1,447 $87,900 $3,900 $84,000
2022 $1,447 $92,000 $4,600 $87,400
2021 $1,142 $74,600 $4,600 $70,000
2020 $1,142 $74,600 $4,600 $70,000
2019 $994 $74,600 $4,600 $70,000
2018 $1,041 $74,600 $4,600 $70,000
2017 $1,069 $75,500 $4,600 $70,900
2016 $1,105 $78,800 $4,600 $74,200
2014 $2,019 $134,700 $4,600 $130,100
2013 $1,966 $136,300 $4,600 $131,700
Source: Public Records

Agents Affiliated with this Home

  • Jeff McCormick Real Estate Agent - McCormick Real Estate, Inc.

    Seller's Agent in 2022

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    50 in this area

    700 Total Sales

    Jeff McCormick
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR504848

Northwest Indiana Association of REALTORS®

APN: 45-08-08-182-005.000-004

Indiana Lake County Gary 46404 Tolleston

1325 Marshall St, Gary, IN

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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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