NOT LISTED FOR SALE

1901 Wallace St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $235,577 - $309,000

4 Beds
2.5 Baths
2,912 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $160,000 $55 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,732/month

145 Days on Market

Highlights

  • Recreation Room
  • Corner Lot
  • 2 Car Attached Garage
  • 2 Fireplaces
  • Den
  • Wet Bar

About This Home

As of December 2019

This stately manor is situated on a large elevated corner lot in the well established far west side area of Gary. This home has been kept in immaculate condition and it has the original hardwood floors, central air conditioning, two wood burning fireplaces, upgraded kitchen with brand new appliances, a large library on the lower level. A basement recreation room with a fireplace and a multi stool wet bar with a large sink and wiring for a stove and refrigerator. The large rec room also has seating along the perimenter with internal storage space.The fireplace on the main level can be used as a steam heater to warm the entire house. The Master bath has upgrades and the large laundry room with washer and dryer to stay if needed. In ground sprinkler system, backyard patio, and brick fenced backyard.

Last Agent to Sell the Property

Cynthia Cochran

Barron-Cochran and Associates, License #RB14032395 Listed on: 05/23/2019

Last Buyer's Agent

Cynthia Cochran

Barron-Cochran and Associates, License #RB14032395 Listed on: 05/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Well Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Quad-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 2,912 Sq Ft Home
  • Wet Bar
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Home Security System
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450807453001000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Landscaped, Paved Road, Sidewalks, Sprinkling Well
  • ResoOtherEquipment: Cable TV Hookup, Security System
  • Co List Office Mls Id: GNR497
  • Subdivision Name: None
  • Architectural Style: Quad Level
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Den/Office, Main Bedroom Bath, Wet Bar
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Fence, Patio
  • Acres: 0.2784

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 97 X 125 sq ft
  • Lot Size Sq Ft: 12125
  • Parcel #: 450807453001000004
  • Zoning Description: Residential

Tax Info

  • Year: 2018
  • Tax Annual Amount: 1400

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Dec 13, 2019
Sold by
Robertson Wilcox Sylvia E and Estate Of Louise M Robertson
Bought by
Buckman James C
Seller's Agent
Cynthia Cochran
Barron-Cochran and Associates,
Buyer's Agent
Cynthia Cochran
Barron-Cochran and Associates,
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$270,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,394
Avg. Annual Appreciation
7.25%
Original Mortgage
$138,446
Interest Rate
5.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Buckman James C -- Liberty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buckman James C $142,958
Closed Buckman James C $138,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $160,000 0.0% $55 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $160,000 -- $55 / 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 $14,715 $178,700 $23,200 $155,500
2023 $2,136 $166,900 $23,200 $143,700
2022 $2,136 $169,700 $16,700 $153,000
2021 $1,958 $156,700 $16,700 $140,000
2020 $1,898 $152,300 $16,700 $135,600
2019 $1,647 $155,400 $16,700 $138,700
2018 $1,399 $127,700 $15,000 $112,700
2017 $1,399 $125,900 $15,000 $110,900
2016 $1,441 $131,100 $15,000 $116,100
2014 $1,477 $129,900 $13,700 $116,200
2013 $1,476 $134,000 $13,700 $120,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cynthia Cochran

    Barron-Cochran and Associates,

  • D

    Buyer Co-Listing Agent in 2019

    Darrolyn Sharp

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR453999

Northwest Indiana Association of REALTORS®

APN: 45-08-07-453-001.000-004

Indiana Lake County Gary 46404 Tolleston

1901 Wallace St, Gary, IN

This home is located at 1901 Wallace St, Gary, IN 46404 since 23 May 2019 and is currently estimated at $270,394, approximately $92 per square foot. This property was built in 1968. 1901 Wallace St is a home located in Lake County with nearby schools including Bailly Preparatory Academy, West Side Leadership Academy, and Aspire Charter 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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