NOT LISTED FOR SALE

1547 Cleveland St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $63,000 - $149,000

2 Beds
1 Bath
800 Sq Ft
$123/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $15,000 $19 Per Sq Ft

Est. 558% increase in value since last sale

Current estimated payment $616/month

100 Days on Market

Highlights

  • Ranch Style House
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • No HOA
  • Bathroom on Main Level
  • Level Lot

About This Home

As of January 2024

Attention Investors! This two bedroom ranch home has a basement and enclosed front porch. Although this home needs a total rehab, there are endless possibilities. The sale of this property also includes the sale of 1559 Cleveland St. Lots 18 & 19. Priced to sell. This property is an estate sale and being sold as-is.

Last Agent to Sell the Property

Lakia Hasenjaeger

The Jaeger Group, LLC Brokerage Phone: 219-796-0449 License #RB14032390 Listed on: 09/09/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Level Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 800 Sq Ft Home
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • No Utilities

Listing and Financial Details

  • Assessor Parcel Number 450808426009000004

Community Details

Overview

  • No Home Owners Association
  • L Gerlingers Add Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1919
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1052
  • Subdivision Name: L Gerlingers Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 800
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Attribution Contact: 219-796-0449
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Walk Out
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Acres: 0.115

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Off
  • Cooling Y N: No
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 5009
  • Parcel #: 450808426009000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1703

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Jan 15, 2024
Sold by
Diehl Gregory F
Bought by
1547 Cleveland Llc
Seller's Agent
Lakia Hasenjaeger
The Jaeger Group, LLC
List Price
$39,900
Sold Price
$15,000
Premium/Discount to List
-$24,900
-62.41%
Views
67
Current Estimated Value
$98,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,766
Avg. Annual Appreciation
188.30%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1547 Cleveland Llc $15,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Sold $15,000 -34.5% $19 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/01/2023 12/01/23 Price Changed $22,900 -34.4% $29 / Sq Ft
11/06/2023 11/06/23 Price Changed $34,900 -12.5% $44 / Sq Ft
09/09/2023 09/09/23 For Sale $39,900 -- $50 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

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 $3,924 $33,900 $7,400 $26,500
2023 $1,485 $44,500 $7,800 $36,700
2022 $1,001 $39,000 $4,400 $34,600
2021 $922 $35,900 $4,400 $31,500
2020 $914 $35,600 $4,400 $31,200
2019 $652 $29,500 $3,700 $25,800
2018 $879 $38,500 $4,800 $33,700
2017 $903 $38,900 $4,800 $34,100
2016 $925 $40,500 $4,800 $35,700
2014 $882 $37,300 $5,100 $32,200
2013 $845 $37,200 $5,100 $32,100
Source: Public Records

Agents Affiliated with this Home

  • Lakia Hasenjaeger

    Seller's Agent in 2024

    Lakia Hasenjaeger

    The Jaeger Group, LLC

    (219) 226-5202

    16 in this area

    128 Total Sales

    Lakia Hasenjaeger
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR538230

Northwest Indiana Association of REALTORS®

APN: 45-08-08-426-009.000-004

Indiana Lake County Gary 46404 Tolleston

1547 Cleveland St, Gary, IN

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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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