L
Seller's Agent in 2025
Laura Borrmann
Haven Realty
(219) 577-2159
1 in this area
16 Total Sales
1341 Marshall St Gary, IN 46404
Tolleston Neighborhood
5
Beds
3
Baths
3,000
Sq Ft
5,227
Sq Ft Lot
Highlights
- Wood Flooring
- 2 Car Detached Garage
- 3-minute walk to Tolleston Park
- No HOA
About This Home
As of February 2025Presenting a solid investment opportunity in Gary, IN that just needs a little sweat equity. This two-level multi-family property features three rental units, designed for consistent income generation. The first floor includes a three-bedroom unit with one bath. On the second floor, there are two one-bedroom, one-bath units with separate entrances. The property also has a full unfinished basement with 3 washer and dryer hookups, providing additional storage options or the potential for future renovations to enhance value. A two-car detached garage adds further appeal, offering convenience for tenants and the potential for additional rental income.This multi-family property represents an attractive addition to any investment portfolio. Sold As-Is
Last Agent to Sell the Property
Haven Realty License #RB24000674 Listed on: 01/23/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 5,227 Sq Ft Lot
Parking
- 2 Car Detached Garage
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Basement
- Laundry in Basement
- Washer Hookup
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- 3 Units
- South Bend & Gary Lands Companys Subdivision
Listing and Financial Details
- Assessor Parcel Number 450808182008000004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2025
Closed on
Feb 4, 2025
Sold by
Jones Roshonda
Bought by
V & V Ventures Llc
Seller's Agent
Laura Borrmann
Haven Realty
Buyer's Agent
Angela Manning
Integrity Realty Partners
List Price
$80,000
Sold Price
$67,500
Premium/Discount to List
-$12,500
-15.62%
Views
30
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
$9,000
Avg. Annual Appreciation
20.21%
Purchase Details
Closed on
Aug 3, 2023
Sold by
Jones Rockland
Bought by
Jones Rockland and Jones Roshonda
Purchase Details
Closed on
Nov 7, 2016
Sold by
Whittington Howard
Bought by
Jones Rockland Haratio
Purchase Details
Closed on
Feb 14, 2015
Sold by
Whittington Howard
Bought by
Jones Rickland
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title Insurance Compan | |
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | $10,000 | None Available | |
| Contract Of Sale | $10,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Sold | $67,500 | -15.6% | $23 / Sq Ft |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 01/23/2025 01/23/25 | For Sale | $80,000 | -- | $27 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,810 | $120,200 | $4,400 | $115,800 |
| 2023 | $1,972 | $122,600 | $4,400 | $118,200 |
| 2022 | $2,091 | $128,300 | $5,300 | $123,000 |
| 2021 | $1,912 | $117,900 | $5,300 | $112,600 |
| 2020 | $1,912 | $117,900 | $5,300 | $112,600 |
| 2019 | $1,558 | $119,400 | $5,300 | $114,100 |
| 2018 | $1,648 | $119,400 | $5,300 | $114,100 |
| 2017 | $2,678 | $121,100 | $5,300 | $115,800 |
| 2016 | $1,563 | $143,900 | $5,300 | $138,600 |
| 2014 | $3,330 | $142,300 | $5,300 | $137,000 |
| 2013 | $3,242 | $144,300 | $5,200 | $139,100 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Borrmann
-
Angela Andrews
Seller Co-Listing Agent in 2025
Angela Andrews
Listing Leaders
(219) 333-1916
1 in this area
21 Total Sales
-
Angela Manning
Buyer's Agent in 2025
Angela Manning
Integrity Realty Partners
(219) 628-3432
5 in this area
120 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 815321
APN: 45-08-08-182-008.000-004
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.
Copyright 2025 MuItiple 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.
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