NOT LISTED FOR SALE

2640 Jackson St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $62,822 - $88,000

2 Beds
1 Bath
6 Sq Ft
$12,743/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2025

Last sale price $85,000 $14,167 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $468 / mo

7 Days on Market

Highlights

  • No HOA
  • Country Kitchen
  • 1-Story Property
  • Neighborhood Views
  • Living Room
  • Forced Air Heating System

About This Home

As of April 2025

Attention Investors.....Here is a great brick turnkey property to add to your rental portfolio. Fully tenanted property with year lease. Rent is $895.00 and tenants pay all utilities. Professionally managed.Property underwent a full rehab, and features new roof, windows, new kitchen, plumbing, water heater, new bathroom, new flooring, freshly painted. Subject to tenants rights. 48 hour notice required for any showing.

Last Agent to Sell the Property

Rebecca Olson

Listing Leaders Affiliated License #RB18001745 Listed on: 02/10/2025

Listing Leaders Affiliated

Last Buyer's Agent

Rebecca Olson

Listing Leaders Affiliated License #RB18001745 Listed on: 02/10/2025

Listing Leaders Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 25x132

Home Design

  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry on main level

Kitchen

  • Country Kitchen
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Chicago Tolleston Land & Inv Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450816408023000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$502

Year Built

Built in 1946 | Remodeled

Lot Details

3,006 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1946
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: City Lot
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2191
  • Subdivision Name: Chicago Tolleston Land & Inv Co
  • Above Grade Finished Sq Ft: 6
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Gas Oven, Range Hood, Free-Standing Refrigerator
  • Interior Amenities: Country Kitchen, Open Floorplan
  • Flooring: Luxury Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Private Entrance, Rain Gutters
  • Fencing: None
  • Acres: 0.069
  • Waterfront: No
  • Construction Type: Brick

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: 25x132
  • Lot Size Sq Ft: 3006
  • Parcel #: 450816408023000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Apr 11, 2025
Sold by
One Group Network Llc
Bought by
Mgb Properties Llc
Seller's Agent
Rebecca Olson
Listing Leaders Affiliated
Buyer's Agent
Rebecca Olson
Listing Leaders Affiliated
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Views
31
Current Estimated Value
$76,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,544
Avg. Annual Appreciation
-9.43%
Original Mortgage
$68,000
Outstanding Balance
$67,511
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$8,945

Purchase Details

Closed on
Apr 11, 2024
Sold by
Postley Sylvester
Bought by
One Group Network Llc

Purchase Details

Closed on
Apr 5, 2024
Sold by
Postley Sylvester
Bought by
One Group Network Llc

Purchase Details

Closed on
Feb 12, 2020
Sold by
Robinson Keith O
Bought by
Postley Sylvester

Purchase Details

Closed on
Jan 11, 2014
Sold by
Jones Irma C and The Irma C Jones Revocable Tru
Bought by
Robinson Keith O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mgb Properties Llc -- None Listed On Document
One Group Network Llc -- None Listed On Document
One Group Network Llc $17,000 None Listed On Document
Postley Sylvester -- None Available
Robinson Keith O -- Professionals Title Services
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mgb Properties Llc $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2025 04/15/25 Sold $85,000 -5.6% $14,167 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $90,000 +1100.0% $15,000 / Sq Ft
04/11/2014 04/11/14 Sold $7,500 0.0% $12 / Sq Ft View Prior Sale
03/26/2014 03/26/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $7,500 -- $12 / 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 $722 $43,700 $4,000 $39,700
2024 $1,755 $25,300 $4,000 $21,300
2023 $502 $19,900 $3,900 $16,000
2022 $400 $15,600 $1,500 $14,100
2021 $374 $14,600 $1,500 $13,100
2020 $160 $14,000 $1,500 $12,500
2019 $371 $15,000 $1,500 $13,500
2018 $452 $18,700 $1,500 $17,200
2017 $304 $19,100 $1,500 $17,600
2016 $338 $22,500 $1,500 $21,000
2014 $275 $25,300 $1,800 $23,500
2013 $546 $24,300 $1,800 $22,500
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Olson

    Seller's Agent in 2025

    Rebecca Olson

    Listing Leaders Affiliated

    (219) 384-7957

    11 in this area

    195 Total Sales

    Rebecca Olson
    Section Image

  • C

    Seller's Agent in 2014

    Carmen Howard

    Howard Realty Group, LLC

    (219) 888-8043

    5 in this area

    24 Total Sales

    Carmen Howard
    Section Image

  • L

    Buyer's Agent in 2014

    Lawrence Clark

    McCormick Real Estate, Inc.

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 815938

Northwest Indiana Association of REALTORS®

APN: 45-08-16-408-023.000-004

Indiana Lake County Gary 46407 Midtown

2640 Jackson St, Gary, IN

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Northwest Indiana Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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