NOT LISTED FOR SALE

431 Johnson St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $88,881 - $164,000

6 Beds
3 Baths
2,180 Sq Ft
$60/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $25,000 $11 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $744/month

169 Days on Market

Highlights

  • Balcony
  • Detached Garage
  • Community Deck or Porch

About This Home

As of February 2022

This is an investors SPECIAL! This property is zoned as a tri-plex. There is a 2-car detached garage as well. This is a large brick project that will be at the top of the market once completed.

Last Agent to Sell the Property

Armond Boulware

Coldwell Banker Realty License #RB17001020 Listed on: 07/27/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,619

Parking

  • Detached Garage

Home Design

  • 2,180 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Balcony
  • 5,619 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 450804156005000004

Community Details

Overview

  • 3 Units
  • Gary Land Companys 03 Subdivision

Amenities

  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Balcony, Deck/Patio
  • Co List Office Mls Id: GNR166
  • Subdivision Name: Gary Land Companys 03
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.129

Garage/Parking

  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 5619
  • Parcel #: 450804156005000004

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Feb 25, 2022
Sold by
Marlene Jackson
Bought by
Premier Partners Llc
Seller's Agent
Armond Boulware
Coldwell Banker Realty
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$130,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,720
Avg. Annual Appreciation
52.83%

Purchase Details

Listed on
Jul 27, 2021
Closed on
Feb 11, 2022
Sold by
Marlene Jackson
Bought by
Premier Partners Llc
Seller's Agent
Armond Boulware
Coldwell Banker Realty
List Price
$25,000
Sold Price
$25,000

Purchase Details

Closed on
Jun 18, 2021
Sold by
Boulware Armond
Bought by
Jackson Marlene

Purchase Details

Closed on
Nov 19, 2020
Sold by
Affordable Indiana Homes Llc
Bought by
Boulware Armond

Purchase Details

Closed on
Apr 1, 2011
Sold by
Valencia John L and Valencia Graciela
Bought by
Affordable Indiana Homes Llc

Purchase Details

Closed on
Aug 14, 2006
Sold by
Howell Helen
Bought by
Valencia John L and Valencia Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,600
Interest Rate
6.83%
Mortgage Type
Unknown
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

Date Buyer Sale Price Title Company
Premier Partners Llc -- Chicago Title
Premier Partners Llc -- Chicago Title
Jackson Marlene -- None Available
Boulware Armond -- None Available
Affordable Indiana Homes Llc $1,900 None Available
Valencia John L -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valencia John L $40,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $25,000 0.0% $11 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
07/27/2021 07/27/21 For Sale $25,000 -- $11 / 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
2025 $729 $20,600 $9,800 $10,800
2024 $2,107 $19,000 $9,800 $9,200
2023 $492 $23,900 $10,100 $13,800
2022 $492 $19,200 $6,000 $13,200
2021 $1,132 $44,200 $6,000 $38,200
2020 $1,132 $44,200 $6,000 $38,200
2019 $1,178 $44,200 $6,000 $38,200
2018 $1,142 $44,200 $6,000 $38,200
2017 $1,026 $44,700 $6,000 $38,700
2016 $1,055 $46,700 $6,000 $40,700
2014 $2,942 $125,700 $7,100 $118,600
2013 $2,714 $120,800 $7,100 $113,700
Source: Public Records

Agents Affiliated with this Home

  • Armond Boulware

    Seller's Agent in 2022

    Armond Boulware

    Coldwell Banker Realty

    (219) 614-7986

    12 in this area

    50 Total Sales

    Armond Boulware
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR497525

Northwest Indiana Association of REALTORS®

APN: 45-08-04-156-005.000-004

Indiana Lake County Gary 46402 Downtown Gary

431 Johnson St, Gary, IN

Not Listed for Sale

MultiFamily

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