2698 Gibson St Lake Station, IN 46405
Estimated payment $845/month
Highlights
- No HOA
- 1-Story Property
- 2.5 Car Garage
- Front Porch
- Forced Air Heating System
About This Home
Charming. Functional. Full of potential. This 2-bedroom, 2-bath home with lots of bonus space is the affordable opportunity you've been waiting for! Situated on a spacious lot with a fully fenced yard and oversized 2-car garage, this property checks all the boxes for comfort and convenience - whether you're looking for your first home, your next investment, or a smart project.Step inside to find generously sized bedrooms, a flowing main floor layout, and a full basement loaded with flex space - including an office, an additional bonus room, and an extra area previously used as a den; with its own exterior access, this lower level is perfect for a potential primary suite or even related living.With solid bones and tons of possibility, this home is ready for your vision. Located in a quiet residential pocket of Lake Station with quick access to highways, parks, and essentials, it's both commuter-friendly and community-centered.Homes at this price with this much potential don't come along often - schedule your showing today! Home sold as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $729
Year Built
- Built in 1935
Lot Details
- 4,704 Sq Ft Lot
- Back Yard Fenced
Parking
- 2.5 Car Garage
Interior Spaces
- 1-Story Property
- Basement
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Front Porch
Utilities
- No Cooling
- Forced Air Heating System
- Water Not Available
Community Details
- No Home Owners Association
- First Sub To East Gary Subdivision
Listing and Financial Details
- Assessor Parcel Number 450918379029000021
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,562 | $118,400 | $11,500 | $106,900 |
| 2023 | $729 | $76,500 | $10,500 | $66,000 |
| 2022 | $727 | $72,200 | $9,000 | $63,200 |
| 2021 | $646 | $62,200 | $7,500 | $54,700 |
| 2020 | $622 | $60,700 | $7,500 | $53,200 |
| 2019 | $781 | $57,200 | $7,500 | $49,700 |
| 2018 | $663 | $54,800 | $7,500 | $47,300 |
| 2017 | $680 | $53,100 | $7,500 | $45,600 |
| 2016 | $598 | $54,200 | $7,500 | $46,700 |
| 2014 | $509 | $56,600 | $7,500 | $49,100 |
| 2013 | $516 | $56,400 | $7,500 | $48,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | Pending | -- | -- | -- |
| 08/26/2025 08/26/25 | Price Changed | $148,500 | -0.9% | $93 / Sq Ft |
| 07/25/2025 07/25/25 | For Sale | $149,800 | +19.8% | $94 / Sq Ft |
| 11/02/2023 11/02/23 | Sold | $125,000 | -19.3% | $79 / Sq Ft |
| 10/15/2023 10/15/23 | Pending | -- | -- | -- |
| 10/03/2023 10/03/23 | For Sale | $154,900 | -- | $97 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $125,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $7,500 | No Value Available | |
| Open | $119,556 | FHA | |
| Closed | $7,500 | New Conventional | |
| Closed | $119,556 | FHA |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 824910
APN: 45-09-18-379-029.000-021
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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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