$85,000
SOLD APR 1, 2025

2355 Rhode Island St Gary, IN 46407

Midtown Neighborhood
2 Beds
1 Bath
701 Sq Ft
4,879 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

5% Below List Price

4 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 3-minute walk to Ironwood Park
  • Living Room
  • Forced Air Heating System

About This Home

As of April 2025

Attention Investors. Cash Flowing turnkey property available. Bringing in $1150/month in rent. This home has been completely redone in the last 12-18 months....Don't miss this opportunity to add this to your rental portfolio!

Last Agent to Sell the Property

Rebecca Olson

Listing Leaders Affiliated License #RB18001745

Listing Leaders Affiliated

Co-Listed By

Brian Stotmeister

Listing Leaders Affiliated License #RB23000474

Last Buyer's Agent

Rebecca Olson

Listing Leaders Affiliated License #RB18001745

Listing Leaders Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $625

Year Built

  • Built in 1948

Lot Details

  • 4,879 Sq Ft Lot
  • Lot Dimensions are 40x124

Interior Spaces

  • 701 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Ironwood A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450815252011000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$625

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Co List Office Mls Id: NRA2191
  • Co List Office Phone: (219) 384-7957
  • Co List Office Mls Id: NRA2191
  • Subdivision Name: Ironwood A
  • Above Grade Finished Sq Ft: 701
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Gas Oven, Free-Standing Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Luxury Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.112
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 40x124
  • Lot Size Sq Ft: 4879
  • Parcel #: 450815252011000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 625

Map

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

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $85,000 -5.5% $121 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $89,900 +130.5% $128 / Sq Ft
11/21/2023 11/21/23 Sold $39,000 -39.9% $56 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
07/30/2023 07/30/23 For Sale $64,900 +549.0% $93 / Sq Ft
01/06/2023 01/06/23 Sold $10,000 -54.5% $14 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $22,000 -- $31 / 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
2024 $2,187 $40,900 $5,800 $35,100
2023 $625 $24,800 $5,800 $19,000
2022 $459 $17,900 $3,900 $14,000
2021 $438 $17,100 $3,900 $13,200
2020 $428 $16,700 $3,900 $12,800
2019 $307 $20,200 $3,600 $16,600
2018 $1,141 $24,100 $3,900 $20,200
2017 $253 $24,300 $3,900 $20,400
2016 $262 $25,300 $3,900 $21,400
2014 $273 $25,100 $4,700 $20,400
2013 $268 $25,200 $4,600 $20,600
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $63,750 New Conventional
Closed $0 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $39,000 None Listed On Document
Warranty Deed $10,000 Chicago Title
Quit Claim Deed $43,000 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $500 None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $500 None Available
Source: Public Records

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Source: Northwest Indiana Association of REALTORS®

MLS Number: 815360

Northwest Indiana Association of REALTORS®

APN: 45-08-15-252-011.000-004