$225,000

1971 Massachusetts St Gary, IN 46407

Midtown Neighborhood

Estimated payment $1,360/month

Total Views 228
10 Beds
5 Baths
3,096 Sq Ft
$73 Price per Sq Ft

Highlights

  • Tile Flooring
  • Forced Air Heating System
  • 2 Car Garage

About This Home

Calling all investors! Multi-Unit all Brick building. There are 2 one-bedroom units, 2 two-bedroom units and 1 three-bedroom unit. Units are very large, have high ceilings and all have sitting area and dining area. One bedroom units offer a small bonus room. High efficiency furnaces. Newer Roof a couple years. More opportunity for additional income with coin operated laundry.

Listing Agent

Panagiota Papadatos

Penny P Properties, LLC License #RB14047437 Listed on: 08/09/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1920

Parking

  • 2 Car Garage
  • Off-Street Parking

Interior Spaces

  • 3,096 Sq Ft Home
  • 3-Story Property
  • Gas Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Home Security

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for common area maintenance, water, trash collection, taxes, sewer, roof maintenance, repairs, janitorial service, insurance, HVAC maintenance, hot water, grounds care, exterior maintenance
  • Rent includes management, water, sewer
  • Assessor Parcel Number 450810352017000004

Community Details

Overview

  • 5 Units
  • Broadway Add Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,536

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Reso Property Sub Type: Apartment
  • ResoLotFeatures: Paved, Rectangular Lot
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: NRA1896
  • Subdivision Name: Broadway Add
  • Above Grade Finished Sq Ft: 3096
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: High Ceilings, Soaking Tub, Laminate Counters
  • Basement: Partially Finished
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 5
  • Total Bedrooms: 10

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Acres: 0.072
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Faces Rear, On Street, Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Management, Water, Sewer

Lot Info

  • Lot Size Sq Ft: 3136
  • Parcel #: 450810352017000004

Rental Info

  • Pets Allowed: No
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Common Area Maintenance, Water, Trash Collection, Taxes, Sewer, Roof Maintenance, Repairs, Janitorial Service, Insurance, HVAC Maintenance, Hot Water, Grounds Care, Exterior Maintenance

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1536

Multi Family

  • Number Of Units Total: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,369 $63,400 $4,300 $59,100
2023 $1,536 $60,900 $4,300 $56,600
2022 $2,416 $94,300 $2,300 $92,000
2021 $2,416 $94,300 $2,300 $92,000
2020 $2,416 $94,300 $2,300 $92,000
2019 $2,012 $94,300 $2,300 $92,000
2018 $2,328 $103,800 $2,700 $101,100
2017 $1,524 $67,700 $2,700 $65,000
2016 $1,569 $70,800 $2,700 $68,100
2014 $2,366 $101,100 $2,800 $98,300
2013 $2,256 $100,400 $2,800 $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 For Sale $225,000 +136.8% $73 / Sq Ft
09/21/2017 09/21/17 Sold $95,000 0.0% $31 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $95,000 -- $31 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Trustee Deed -- None Available
Interfamily Deed Transfer -- Chicago Title Insurace Compa
Deed -- Ticor Mo
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $84,800 Unknown
Source: Public Records

Source: Northwest Indiana Association of REALTORS®

MLS Number: 825728

Northwest Indiana Association of REALTORS®

APN: 45-08-10-352-017.000-004

Indiana Lake County Gary 46407 Midtown

1971 Massachusetts St, Gary, IN

This home is located at 1971 Massachusetts St, Gary, IN 46407 and is currently priced at $225,000, approximately $72 per square foot. This property was built in 1920. 1971 Massachusetts St is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, Gary Middle School, and West Side Leadership 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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Panagiota Papadatos
Listing Agent
Panagiota Papadatos
Section Image
Penny P Properties, LLC
(219) 955-7953