NOT LISTED FOR SALE

1331 Marshall St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $84,000 - $149,000

11 Beds
5 Baths
5,220 Sq Ft
$21/Sq Ft Est. Value

Sale Details

Date Sold: November 26, 2014

Last sale price $42,000 $8 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $813 / mo

62 Days on Market

Highlights

  • 2 Car Detached Garage
  • Coin Laundry
  • 4-minute walk to Tolleston Park
  • Handicap Accessible

About This Home

As of November 2014

Great Income Opportunity!!! 5 unit all brick building.Four units are 2 bedrooms, tenants pay $650/month each, basement unit is 3 bedrooms, tenant pays $700/month. That's $3300/month income!!! Basement unit was just rehabbed. Tenants pay Electric and Cooking Gas. Seller pays Heat, Water and Scavenger. (Check total utility expenses below) All Appliances stay and are less than 5 years old. Seller has coin operated Washer and Dryer which amounts to $1800-$2200/a year. Hot water heater is 2-3 years old. Make your appointment today and start collecting income! Seller has a total of 5 properties he is selling. Willing to entertain a package deal!

Last Agent to Sell the Property

Tammey Hale

Ms Hale Realty, LLC License #RB14037327 Listed on: 08/26/2014

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 3,049

Parking

  • 2 Car Detached Garage

Home Design

  • 5,220 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Handicap Accessible
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 450808182006000004

Community Details

Overview

  • 5 Units
  • South Bend & Gary Land Co's Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Barrier Fee Access, Coin Laundry
  • Co List Office Mls Id: GNR1253
  • Subdivision Name: South Bend & Gary Land Co's
  • GNR_TotalBathrooms: 5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 11

Exterior Features

  • Acres: 0.07

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Size Sq Ft: 3049
  • ResoLotSizeUnits: Acres
  • Parcel #: 450808182006000004
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1800

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

Closed on
Jan 31, 2020
Sold by
Bought by
Current Estimated Value
$107,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Outstanding Balance
$79,941
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$27,642

Purchase Details

Closed on
Jan 22, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Outstanding Balance
$79,941
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$27,642

Purchase Details

Listed on
Aug 26, 2014
Closed on
Nov 26, 2014
Sold by
Bought by
Seller's Agent
Tammey Hale
Ms Hale Realty, LLC
List Price
$42,000
Sold Price
$42,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Mar 4, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 2010
Sold by
Bought by
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

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

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 491-2854

    699 Total Sales

    50 in Tolleston

    $1K - $280K Price Range

    Jeff McCormick
     Section Image

  • RH

    Randy Hoyle

    Randall Hoyle

    (219) 244-5445

    58 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

    95 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
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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
-- None Available
-- Indiana Title Network Co
-- Professionals Title Svcs Llc
-- None Available
-- Meridian Title Corp
$40,000 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
Open $92,000
Previous Owner $35,000
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
11/26/2014 11/26/14 Sold $42,000 0.0% $8 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $42,000 -- $8 / 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 $2,653 $111,200 $3,400 $107,800
2024 $8,455 $94,100 $3,400 $90,700
2023 $2,609 $95,900 $3,400 $92,500
2022 $2,609 $99,600 $3,400 $96,200
2021 $2,421 $92,500 $3,400 $89,100
2020 $2,421 $92,500 $3,400 $89,100
2019 $2,180 $92,500 $3,400 $89,100
2018 $2,194 $92,500 $3,400 $89,100
2017 $2,173 $92,200 $9,100 $83,100
2016 $2,226 $96,000 $9,100 $86,900
2014 $2,031 $86,800 $3,400 $83,400
2013 $1,800 $80,100 $3,400 $76,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tammey Hale

    Ms Hale Realty, LLC

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR357446

Northwest Indiana Association of REALTORS®

APN: 45-08-08-182-006.000-004

Indiana Lake County Gary 46404 Tolleston

1331 Marshall 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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