Melissa Yanez
Favela Real Estate, LLC
(219) 240-0461
96 Total Sales
1 in Downtown Gary
$55,000 Price
270 Polk St Gary, IN 46402
Downtown Gary NeighborhoodEstimated Value: $94,218
2
Beds
2
Baths
1,672
Sq Ft
$56/Sq Ft
Est. Value
Highlights
- No HOA
- 1 Car Garage
- Back Yard
- Neighborhood Views
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
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Lot Details
- 3,746 Sq Ft Lot
- Lot Dimensions are 30x125
- Back Yard
Parking
- 1 Car Garage
Home Design
- Duplex
- Fixer Upper
- Brick Foundation
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
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
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2024
Closed on
Dec 31, 2024
Sold by
Hemphill Tashla
Bought by
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
$58,218
Avg. Annual Appreciation
75.53%
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Gary, IN
-
Melissa Yanez
-
Anthony Sobczak
Anthony Sobczak
(773) 692-3012
88 Total Sales
1 in Downtown Gary
$72,500 Price
-
David Taylor
David Taylor
McColly Real Estate
(219) 213-9226
248 Total Sales
1 in Downtown Gary
$155,000 Price
-
Mark Keene
Mark Keene
(219) 706-4530
74 Total Sales
5 in Downtown Gary
$30K - $275K Price Range
-
Steve Monsma
Steve Monsma
(219) 500-6953
166 Total Sales
1 in Downtown Gary
$280,000 Price
-
Susan Thompson
Susan Thompson
Realest.com
(219) 356-6337
19 Total Sales
1 in Downtown Gary
$179,000 Price
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 |
|---|---|---|---|
| -- | Meridian Title | ||
| Hemphill Tashla | -- | None Available | |
| Federal National Mortgage Assocation | -- | None Available | |
| Mccann Eddie L | -- | None Available | |
| Harris James | -- | None Available | |
| Harris James | -- | First Title Indiana | |
| Christiana Bank & Trust Co | $16,800 | None Available |
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 |
|---|---|---|---|
| Previous Owner | $48,000 | ||
| Previous Owner | Christiana Bank & Trust Co | $21,900 |
Source: Public Records
Property 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 | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2024
Jeff McCormick
McCormick Real Estate, Inc.
(219) 613-5643
22 in this area
699 Total Sales
-
Hector Calderon
Seller Co-Listing Agent in 2024
Hector Calderon
Haven Realty
(805) 878-6547
5 in this area
84 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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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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