Seller's Agent in 2024
Jeff McCormick
McCormick Real Estate, Inc.
(219) 613-5643
22 in this area
697 Total Sales
270 Polk St Gary, IN 46402
Downtown Gary NeighborhoodEstimated Value: $45,000 - $156,000
2
Beds
2
Baths
1,672
Sq Ft
$58/Sq Ft
Est. Value
Highlights
- No HOA
- Neighborhood Views
- 1 Car Garage
About This Home
As of December 2024Investor's Special!!!Fantastic opportunity to rehabilitate this two-unit property for lucrative rental income! Each unit features two bedrooms and one bath, offering ample potential for cash flow.
Last Agent to Sell the Property
McCormick Real Estate, Inc. License #RB14033291 Listed on: 11/04/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Lot Details
- 3,746 Sq Ft Lot
- Lot Dimensions are 30x125
Parking
- 1 Car Garage
Home Design
- Fixer Upper
Interior Spaces
- 1,672 Sq Ft Home
- 2-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- The owner pays for sewer, water, taxes
- Assessor Parcel Number 450804127029000004
Community Details
Overview
- No Home Owners Association
- 2 Units
- Gary Land Companys 08 Subdivision
Amenities
- No Laundry Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2024
Closed on
Dec 31, 2024
Sold by
Hemphill Tashla
Bought by
Deelior Trust
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Jacob Morgan
Stray Dog Properties, LLC
List Price
$40,000
Sold Price
$36,000
Premium/Discount to List
-$4,000
-10%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,770
Avg. Annual Appreciation
142.09%
Purchase Details
Closed on
Aug 1, 2017
Sold by
Fannie Mae
Bought by
Hemphill Tashla
Purchase Details
Closed on
Dec 2, 2016
Sold by
Mccanna Eddie L
Bought by
Federal National Mortgage Assocation and Fannie Mae
Purchase Details
Closed on
Oct 30, 2008
Sold by
Harris James
Bought by
Mccann Eddie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 29, 2008
Sold by
Christiana Bank & Trust Co
Bought by
Harris James
Purchase Details
Closed on
Nov 16, 2007
Sold by
Melendez Alfredo and Mercury Finance Co
Bought by
Christiana Bank & Trust Co and The Security National Funding Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deelior Trust | -- | Meridian Title | |
| Hemphill Tashla | -- | None Available | |
| Federal National Mortgage Assocation | -- | None Available | |
| Mccann Eddie L | -- | None Available | |
| Harris James | -- | First Title Indiana | |
| Harris James | -- | None Available | |
| Christiana Bank & Trust Co | $16,800 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mccann Eddie L | $48,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $36,000 | -10.0% | $22 / Sq Ft |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 11/04/2024 11/04/24 | For Sale | $40,000 | -- | $24 / 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 | $1,206 | $65,900 | $5,900 | $60,000 |
| 2024 | $3,765 | $51,300 | $5,900 | $45,400 |
| 2023 | $1,077 | $42,700 | $5,300 | $37,400 |
| 2022 | $1,032 | $40,300 | $3,100 | $37,200 |
| 2021 | $958 | $37,400 | $3,100 | $34,300 |
| 2020 | $925 | $36,100 | $3,100 | $33,000 |
| 2019 | $873 | $39,000 | $3,400 | $35,600 |
| 2018 | $997 | $42,600 | $3,700 | $38,900 |
| 2017 | $1,171 | $51,400 | $3,700 | $47,700 |
| 2016 | $1,023 | $45,200 | $3,700 | $41,500 |
| 2014 | $1,123 | $48,000 | $4,300 | $43,700 |
| 2013 | $1,052 | $46,800 | $4,300 | $42,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff McCormick
-
Hector Calderon
Seller Co-Listing Agent in 2024
Hector Calderon
Haven Realty
(805) 878-6547
4 in this area
81 Total Sales
-
Jacob Morgan
Buyer's Agent in 2024
Jacob Morgan
Stray Dog Properties, LLC
(219) 730-2286
2 in this area
20 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 812517
APN: 45-08-04-127-029.000-004
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Based on information submitted to the MLS GRID
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