$250,000
$30K PRICE DROP

1380 Jackson St Gary, IN 46407

Midtown Neighborhood

Estimated payment $1,607/month

Total Views 3,732
6 Beds
4 Baths
3,075 Sq Ft
$81 Price per Sq Ft

Highlights

  • Park or Greenbelt View
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

Gary 3-Unit with Day-One Cash Flow - No Guesswork, Just Returns. This three-unit building includes (2) tenant-occupied 2 bed, 1 bath units and (1) vacant unit ready to lease. The vacant unit offers an opportunity to set market rent or make light improvements for even greater returns. Schedule you showing today. Seller directs no unrepresented buyers

Listing Agent

Larita Thomas

@properties/Christie's Intl RE License #RB18000650 Listed on: 05/29/2025

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 1921

Parking

  • Off-Street Parking

Property Views

  • Park or Greenbelt
  • Neighborhood

Interior Spaces

  • 3,075 Sq Ft Home
  • 3-Story Property
  • Gas Range
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 3,630 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for sewer, water, trash collection
  • Assessor Parcel Number 450809257036000004

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Gary Land Companys 11 Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gardener Expense $500
  • Insurance Expense $1,776
  • Water Sewer Expense $1,500
  • New Taxes Expense $2,776
  • Net Operating Income $219,828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,716

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1921
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Other
  • ResoPoolFeatures: None
  • Reso View: Neighborhood, Park/Greenbelt
  • Professional Management Expense: 2906
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Gary Land Companys 11
  • Above Grade Finished Sq Ft: 3075
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • WaterExpense: 1500.00
  • SewerExpense: 1161.00
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Exterior Features: None
  • Acres: 0.0833
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3630
  • Additional Parcels: No
  • Parcel #: 450809257036000004

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Electricity
  • Owner Pays: Sewer, Water, Trash Collection

Tax Info

  • Year: 2023
  • New Taxes Expense: 2776
  • Tax Annual Amount: 2716

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1776

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $9,496 $111,100 $4,600 $106,500
2023 $1,135 $107,700 $4,600 $103,100
2022 $1,135 $44,300 $1,800 $42,500
2021 $1,048 $40,900 $1,800 $39,100
2020 $999 $39,000 $1,800 $37,200
2019 $1,091 $42,100 $1,800 $40,300
2018 $1,296 $53,300 $1,800 $51,500
2017 $1,225 $53,900 $1,800 $52,100
2016 $1,260 $56,300 $1,800 $54,500
2014 $1,533 $65,500 $2,100 $63,400
2013 $1,413 $62,900 $2,100 $60,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $250,000 -7.4% $81 / Sq Ft
06/07/2025 06/07/25 Price Changed $270,000 -3.6% $88 / Sq Ft
05/29/2025 05/29/25 For Sale $280,000 -- $91 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $5,200 None Available
Source: Public Records

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Source: Northwest Indiana Association of REALTORS®

MLS Number: 821610

Northwest Indiana Association of REALTORS®

APN: 45-08-09-257-036.000-004

Indiana Lake County Gary 46407 Midtown

1380 Jackson St, Gary, IN

This home is located at 1380 Jackson St, Gary, IN 46407 and is currently priced at $250,000, approximately $81 per square foot. This property was built in 1921. 1380 Jackson St is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, and West Side Leadership Academy.

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Northwest Indiana Association of REALTORS® 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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Larita Thomas
Listing Agent
Larita Thomas
Section Image
@properties/Christie's Intl RE
(219) 533-2385