NOT LISTED FOR SALE

2227 Rhode Island St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $41,000 - $124,000

2 Beds
1 Bath
672 Sq Ft
$114/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $23,000 $34 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $501/month

129 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Carpet
  • 1-Story Property

About This Home

As of February 2024

INVESTOR SPECIAL! ALL BRICK OPPORTUNITY! This charming brick home comes with great potential, located in the heart of Gary. The property offers an excellent opportunity for investors or those looking to create their ideal home in a vibrant community.

Last Agent to Sell the Property

Miguel Tovar

Weichert Realtors - Shoreline License #RB18000703 Listed on: 09/15/2023

Weichert Realtors - Shoreline

Last Buyer's Agent

Nicholas Harmon

Listing Leaders License #RB23000080

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 5,968 Sq Ft Lot
  • Lot Dimensions are 48 x 124

Home Design

  • Fixer Upper
  • Brick Foundation

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ironwood Un A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450815206005000004

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1945
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1935
  • Subdivision Name: Ironwood Un A
  • Above Grade Finished Sq Ft: 672
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Carpet
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.137
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 48 X 124
  • Lot Size Sq Ft: 5968
  • Parcel #: 450815206005000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 855

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Jan 26, 2024
Sold by
Venture Financial Llc
Bought by
Jackson Glenda
Seller's Agent
Miguel Tovar
Weichert Realtors - Shoreline
Buyer's Agent
Nicholas Harmon
Listing Leaders
List Price
$19,900
Sold Price
$23,000
Premium/Discount to List
$3,100
15.58%
Views
114
Current Estimated Value
$76,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,762
Avg. Annual Appreciation
113.57%

Purchase Details

Closed on
Dec 6, 2018
Sold by
County Of Lake County
Bought by
Venture Financial Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jackson Glenda $23,000 Meridian Title
Venture Financial Llc $401 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $23,000 -8.7% $34 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
11/11/2023 11/11/23 Price Changed $25,200 -7.7% $38 / Sq Ft
09/19/2023 09/19/23 Price Changed $27,300 +37.2% $41 / Sq Ft
09/15/2023 09/15/23 For Sale $19,900 -- $30 / 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 $2,539 $30,100 $7,000 $23,100
2023 $726 $28,800 $7,000 $21,800
2022 $856 $33,400 $4,600 $28,800
2021 $812 $31,700 $4,600 $27,100
2020 $787 $30,700 $4,600 $26,100
2019 $221 $29,800 $4,300 $25,500
2018 $221 $31,400 $4,600 $26,800
2017 $105 $31,700 $4,600 $27,100
2016 $105 $33,000 $4,600 $28,400
2014 -- $37,200 $5,600 $31,600
2013 -- $35,700 $5,600 $30,100
Source: Public Records

Agents Affiliated with this Home

  • Miguel Tovar

    Seller's Agent in 2024

    Miguel Tovar

    Weichert Realtors - Shoreline

    (219) 789-5791

    5 in this area

    96 Total Sales

    Section Image
  • Nicholas Harmon

    Buyer's Agent in 2024

    Nicholas Harmon

    Listing Leaders

    (219) 379-6162

    6 in this area

    20 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 538772

Northwest Indiana Association of REALTORS®

APN: 45-08-15-206-005.000-004

Indiana Lake County Gary 46407 Midtown

2227 Rhode Island St, Gary, IN

This home is located at 2227 Rhode Island St, Gary, IN 46407 since 15 September 2023 and is currently estimated at $76,762, approximately $114 per square foot. This property was built in 1945. 2227 Rhode Island 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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