Seller's Agent in 2025
Chanelle McGee
@ Properties
(708) 654-2425
3 in this area
41 Total Sales
1541 Massachusetts St Gary, IN 46407
Midtown Neighborhood
12
Beds
6
Baths
4,092
Sq Ft
3,136
Sq Ft Lot
About This Home
As of June 2025Investor Special! Unlock the Potential in This Multi-Unit OpportunityCalling all savvy investors and visionaries! This building offers a rare chance to restore and reimagine a property with incredible income potential. Zoned for multi-family use, it can potentially accommodate up to 6 rental units--making it a high-yield asset once renovated.With the right updates, layout, and vision, this could be transformed into a cash-flowing investment in a market where rental demand continues to grow. Gary is continuing to redevelop with increased property values and restored homes on the rise every month with the help of the Gary Revitalization Program and other local investors. Now is your chance to acquire an investment property in this highly sought after neighborhood before it's too late!Whether you're looking to flip, hold and rent, or develop, this is your chance to bring new life to a building with solid bones and promising returns. Schedule your showing today!
Last Agent to Sell the Property
@properties/Christie's Intl RE License #RB20001584 Listed on: 05/13/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $717
Year Built
- Built in 1917
Lot Details
- 3,136 Sq Ft Lot
- Corner Lot
Home Design
- Fixer Upper
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- The owner pays for sewer, water, trash collection, taxes
- Assessor Parcel Number 450810302007000004
Community Details
Overview
- 6 Units
- Broadway Add Subdivision
Pet Policy
- Pets Allowed
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
May 13, 2025
Closed on
Jun 17, 2025
Sold by
Bought by
Seller's Agent
Chanelle McGee
@properties/Christie's Intl RE
Buyer's Agent
Ashley Tarver
@properties/Christie's Intl RE
List Price
$30,000
Sold Price
$32,000
Premium/Discount to List
$2,000
6.67%
Views
18
Purchase Details
Listed on
Aug 6, 2022
Closed on
Jan 7, 2023
Sold by
Bought by
Seller's Agent
Chanelle McGee
@properties/Christie's Intl RE
Buyer's Agent
Chanelle McGee
@properties/Christie's Intl RE
List Price
$45,000
Sold Price
$30,000
Premium/Discount to List
-$15,000
-33.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Purchase Details
Closed on
Oct 7, 2021
Sold by
Bought by
Purchase Details
Closed on
Dec 26, 2006
Sold by
Bought by
Purchase Details
Closed on
Jan 25, 2006
Sold by
Bought by
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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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Morgan Title Insurance Agency | ||
| $700 | None Listed On Document | ||
| -- | None Available | ||
| $1,000 | 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 |
|---|---|---|---|
| Previous Owner | $60,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2025 06/18/25 | Sold | $32,000 | +6.7% | $8 / Sq Ft | |
| 05/13/2025 05/13/25 | For Sale | $30,000 | 0.0% | $7 / Sq Ft | |
| 01/09/2023 01/09/23 | Sold | $30,000 | -33.3% | $7 / Sq Ft | View Prior Sale |
| 12/22/2022 12/22/22 | Pending | -- | -- | -- | |
| 08/06/2022 08/06/22 | For Sale | $45,000 | -- | $11 / 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 | $747 | $27,900 | $6,600 | $21,300 |
| 2024 | $1,984 | $28,600 | $6,600 | $22,000 |
| 2023 | $582 | $22,500 | $6,600 | $15,900 |
| 2022 | $582 | $22,700 | $6,600 | $16,100 |
| 2021 | $569 | $22,200 | $6,600 | $15,600 |
| 2020 | $569 | $22,200 | $6,600 | $15,600 |
| 2019 | $3,216 | $22,200 | $6,600 | $15,600 |
| 2018 | $3,960 | $77,200 | $6,600 | $70,600 |
| 2017 | $1,780 | $78,200 | $6,600 | $71,600 |
| 2016 | $1,819 | $81,100 | $6,600 | $74,500 |
| 2014 | $1,877 | $80,200 | $2,300 | $77,900 |
| 2013 | $1,681 | $74,800 | $2,300 | $72,500 |
Source: Public Records
Agents Affiliated with this Home
-
Chanelle McGee
-
Ashley Tarver
Buyer's Agent in 2025
Ashley Tarver
@ Properties
(219) 628-5568
4 in this area
110 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 820667
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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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