NOT LISTED FOR SALE

4081 Polk St Gary, IN 46408

Glen Park Neighborhood

Estimated Value: $59,000 - $83,000

3 Beds
1 Bath
888 Sq Ft
$80/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $27,500 $31 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $467/month

16 Days on Market

Highlights

  • Ranch Style House
  • Enclosed patio or porch
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Living Room
  • Forced Air Heating System

About This Home

As of April 2023

Has newer-looking roof. All cleaned out and ready to rehab. Large 2-car garage.

Last Listed By

Lia Dawson

Region Real Estate LLC License #RB14025601 Listed on: 04/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $105

Year Built

  • Built in 1924

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 888 Sq Ft Home
  • Living Room
  • Dining Room
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • No Utilities

Community Details

  • Sanford Tubbs 2Nd Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450828185015000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$105

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Co List Office Mls Id: GNR758
  • Subdivision Name: Sanford Tubbs 2nd Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Daylight
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Acres: 0.143

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Off
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450828185015000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 105

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Favela Homes Llc
Bought by
Favela Property Inv Llc
Total Days on Market
16
Current Estimated Value
$71,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$357,097
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$286,097

Purchase Details

Closed on
Jan 31, 2024
Sold by
Clark Kirkland and Clark Kristal
Bought by
Favela Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 1, 2023
Sold by
Lake Falls Llc
Bought by
Deedgrabber Tax Lien Fund Llc
Seller's Agent
Lia Dawson
Region Real Estate LLC
List Price
$34,900
Sold Price
$27,500
Premium/Discount to List
-$7,400
-21.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.30%

Purchase Details

Listed on
Apr 3, 2023
Closed on
Apr 26, 2023
Sold by
Deed Grabber Tax Lien Fund Llc
Bought by
Clark Kirkland
Seller's Agent
Lia Dawson
Region Real Estate LLC
List Price
$34,900
Sold Price
$27,500
Premium/Discount to List
-$7,400
-21.2%

Purchase Details

Closed on
Jan 26, 2023
Sold by
Auditor Of Lake County
Bought by
Lake Falls Llc

Range of Values:

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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

Date Buyer Sale Price Title Company
Favela Property Inv Llc -- Meridian Title
Favela Homes Llc $35,000 Chicago Title
Deedgrabber Tax Lien Fund Llc $27,500 None Listed On Document
Clark Kirkland $27,500 None Listed On Document
Lake Falls Llc $675 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Property Inv Llc $360,000
Previous Owner Favela Homes Llc $80,000
Previous Owner Clark Kirkland $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $27,500 -21.2% $31 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $34,900 -- $39 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $3,421 $41,200 $8,100 $33,100
2023 $260 $38,800 $8,100 $30,700
2022 $260 $30,700 $3,000 $27,700
2021 $260 $28,200 $3,000 $25,200
2020 $260 $26,400 $3,000 $23,400
2019 $138 $30,100 $3,400 $26,700
2018 $105 $32,200 $3,600 $28,600
2017 $105 $32,600 $3,600 $29,000
2016 $105 $33,900 $3,600 $30,300
2014 -- $34,400 $4,700 $29,700
2013 -- $33,800 $4,700 $29,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lia Dawson

    Region Real Estate LLC

    (219) 712-9928

    67 in this area

    288 Total Sales

    Lia Dawson
    Section Image
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Map

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Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR528159

Northwest Indiana Association of REALTORS®

APN: 45-08-28-185-015.000-004

Indiana Lake County Gary 46408 Glen Park

4081 Polk St, Gary, IN

Homes for Sale in Gary, IN

This home is located at 4081 Polk St, Gary, IN 46408 since 03 April 2023 and is currently estimated at $71,000, approximately $79 per square foot. This property was built in 1924. 4081 Polk St is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, and West Side Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® 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.