Seller's Agent in 2025
Maria Valdez
HomeSmart Realty Group
1 in this area
10 Total Sales
1930 Wallace St Gary, IN 46404
Tolleston Neighborhood
3
Beds
1
Bath
2,168
Sq Ft
6,229
Sq Ft Lot
Highlights
- No HOA
- Living Room
- 1-Story Property
- Neighborhood Views
- Laundry Room
- Outdoor Storage
About This Home
As of December 2025Investment Opportunity or 203k Buyer Special | Priced to Move | As-Is Sale Welcome to 1930 Wallace St, Gary, IN -- a solid 3-bedroom, 1-bath home with great potential for investors, rehabbers, or owner-occupants looking to bring their vision to life. With a strong structure, this property is move-in ready with room to add value. Whether you're planning to rent, flip, or live in it. The home features a functional layout and a large yard with endless possibilities. Located on a quiet street near major highways and public transit, it's a prime location for long-term growth or steady rental income. Minutes to I-90, South Shore Line, Schools & Parks. Serious potential at a price point that's hard to beat. Bring your contractor or your vision -- this one won't last long!
Last Agent to Sell the Property
HomeSmart Realty Group License #RB19000967 Listed on: 10/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $531
Year Built
- Built in 1966
Parking
- 1 Car Garage
- Off-Street Parking
Interior Spaces
- 1-Story Property
- Living Room
- Neighborhood Views
- Gas Range
- Basement
Flooring
- Carpet
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
- Sink Near Laundry
Additional Features
- Outdoor Storage
- 6,229 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- East Englewood Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 450807452016000004
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2025
Closed on
Dec 5, 2025
Sold by
Brown Jerrylann and Lovelace-Brown Jerrylann
Bought by
Favela Property Investments 2 Llc
Seller's Agent
Maria Valdez
HomeSmart Realty Group
Buyer's Agent
Melissa Yanez
Favela Real Estate, LLC
List Price
$136,000
Sold Price
$101,000
Premium/Discount to List
-$35,000
-25.74%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
327.73%
Original Mortgage
$130,000
Outstanding Balance
$130,000
Interest Rate
6.19%
Mortgage Type
Construction
Estimated Equity
-$6,210
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | Sold | $101,000 | -16.5% | $47 / Sq Ft |
| 11/24/2025 11/24/25 | Pending | -- | -- | -- |
| 11/17/2025 11/17/25 | Price Changed | $121,000 | -7.6% | $56 / Sq Ft |
| 10/25/2025 10/25/25 | Price Changed | $131,000 | -3.7% | $60 / Sq Ft |
| 10/10/2025 10/10/25 | For Sale | $136,000 | -- | $63 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $581 | $123,600 | $12,000 | $111,600 |
| 2024 | $7,318 | $88,800 | $12,000 | $76,800 |
| 2023 | $698 | $83,000 | $12,000 | $71,000 |
| 2022 | $698 | $84,200 | $8,600 | $75,600 |
| 2021 | $879 | $77,800 | $8,600 | $69,200 |
| 2020 | $849 | $75,600 | $8,600 | $67,000 |
| 2019 | $855 | $79,700 | $8,600 | $71,100 |
| 2018 | $691 | $61,100 | $7,700 | $53,400 |
| 2017 | $689 | $60,400 | $7,700 | $52,700 |
| 2016 | $761 | $67,800 | $7,700 | $60,100 |
| 2014 | $725 | $67,500 | $8,600 | $58,900 |
| 2013 | $718 | $68,200 | $8,600 | $59,600 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Valdez
-
Melissa Yanez
Buyer's Agent in 2025
Melissa Yanez
Favela Real Estate, LLC
(219) 512-2584
1 in this area
82 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 829163
APN: 45-08-07-452-016.000-004
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 2026 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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