NOT LISTED FOR SALE

1949 Wallace St Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $138,000 - $183,000

3 Beds
1.5 Baths
1,878 Sq Ft
$83/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $90,000 $48 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,022/month

33 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Fenced
  • No HOA

About This Home

As of September 2020

Welcome Home to this well maintained and updated bi-level! Situated in a quiet established neighborhood this beauty is waiting for its new owners. Come in and see the original hardwood floors throughout the upper level, the updated kitchen and formal dining room. Downstairs is an over-sized rec room, complete with updated half bath. Did I mention the outside oasis? This fenced yard with a patio and upper deck is waiting for you. There is plenty of space to garden or make a kids playground! Make your appointment today!

Last Agent to Sell the Property

Jennifer Parham

Lighthouse Realty, LLC License #RB14043161 Listed on: 05/28/2020

Last Buyer's Agent

Johnette Gore

Premier Midwest Realty, INC License #RB14050155

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $711

Year Built

  • Built in 1969

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Bi-Level Home
  • Brick Foundation

Kitchen

  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • East Englewood Add East Chicago Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450807453007000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$711

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped, Level, Paved
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA1644
  • Subdivision Name: East Englewood Add East Chicago
  • Above Grade Finished Sq Ft: 1422
  • Unit Levels: Split Entry (Bi-Level)
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Basement: Crawl Space
  • Flooring: Hardwood, Tile
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 456
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.143
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Basement

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450807453007000004

Tax Info

  • Year: 2018
  • Tax Annual Amount: 711

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Sep 17, 2020
Sold by
Taylor Shakeia M and Reese Shakeia M
Bought by
Smith Montena
Seller's Agent
Jennifer Parham
Lighthouse Realty, LLC
Buyer's Agent
Johnette Gore
Premier Midwest Realty, INC
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$156,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,616
Avg. Annual Appreciation
11.62%
Original Mortgage
$3,150
Outstanding Balance
$2,829
Interest Rate
2.81%
Mortgage Type
New Conventional
Estimated Equity
$150,202

Purchase Details

Listed on
Jul 2, 2012
Closed on
Aug 14, 2012
Sold by
Johnson James A and Johnson Keana M
Bought by
Taylor Shakeia M
Seller's Agent
Bridgette Jones
Open Door Real Estate, LLC
Buyer's Agent
Bridgette Jones
Open Door Real Estate, LLC
List Price
$76,500
Sold Price
$76,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$61,200
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2010
Sold by
Smith Tollie
Bought by
Johnson James A and Johnson Keana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.58%
Mortgage Type
New Conventional
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
Smith Montena -- Greater Indiana Title Co
Taylor Shakeia M -- Chicago Title Insurance Co
Johnson James A -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Montena $3,150
Closed Smith Montena $3,150
Open Smith Montena $88,369
Previous Owner Taylor Shakeia M $61,200
Previous Owner Taylor Shakeia M $15,300
Previous Owner Johnson James A $60,000
Previous Owner Johnson James A $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $90,000 0.0% $48 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $90,000 +17.6% $48 / Sq Ft
08/14/2012 08/14/12 Sold $76,500 0.0% $41 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $76,500 -- $41 / 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 $8,235 $100,000 $12,000 $88,000
2023 $1,076 $93,400 $12,000 $81,400
2022 $1,119 $95,200 $8,600 $86,600
2021 $1,020 $88,000 $8,600 $79,400
2020 $869 $76,900 $8,600 $68,300
2019 $891 $83,100 $8,600 $74,500
2018 $711 $63,500 $7,700 $55,800
2017 $712 $63,000 $7,700 $55,300
2016 $734 $65,600 $7,700 $57,900
2014 $772 $71,900 $8,600 $63,300
2013 $819 $77,400 $8,600 $68,800
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Parham

    Seller's Agent in 2020

    Jennifer Parham

    Lighthouse Realty, LLC

    (219) 306-4165

    8 in this area

    105 Total Sales

    Jennifer Parham
    Section Image
  • Johnette Gore

    Buyer's Agent in 2020

    Johnette Gore

    Premier Midwest Realty, INC

    (219) 678-3710

    6 in this area

    92 Total Sales

    Johnette Gore
    Section Image

  • B

    Seller's Agent in 2012

    Bridgette Jones

    Open Door Real Estate, LLC

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 475231

Northwest Indiana Association of REALTORS®

APN: 45-08-07-453-007.000-004

Indiana Lake County Gary 46404 Tolleston

1949 Wallace St, Gary, IN

This home is located at 1949 Wallace St, Gary, IN 46404 since 28 May 2020 and is currently estimated at $156,616, approximately $83 per square foot. This property was built in 1969. 1949 Wallace St is a home located in Lake County with nearby schools including Bailly Preparatory Academy, West Side Leadership Academy, and Aspire Charter Academy.

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.

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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