NOT LISTED FOR SALE

436 Jefferson St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $94,000 - $144,000

6 Beds
3 Baths
2,872 Sq Ft
$39/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $90,000 $31 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $736/month

38 Days on Market

Highlights

  • Forced Air Heating System
  • 4-minute walk to Gary Metro Center Station
  • 5-minute walk to Gateway Park

About This Home

As of November 2024

This completely gutted, all brick triplex unit offers a blank canvas with endless potential for investors. Featuring brand new plumbing and HVAC system, this propery provides solid foundation for customization and finishing touches. Ideal for those looking to create a modern, stylish living space, or for savvy investors aiming to maximize rental income. The durable brick exterior ensures low maintenacnce and timeless appeal, making this an excellent opportunity to secure a valuable asset.

Last Agent to Sell the Property

Elizabeth Magee

Better Homes and Gardens Real License #RB20001229 Listed on: 07/29/2024

Better Homes and Gardens Real

Last Buyer's Agent

Shaleeka Gunn

Coldwell Banker Realty License #RB19001114

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1913

Lot Details

  • 7,492

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 2-Story Property
  • 7,492 Sq Ft Lot

Community Details

  • Bl.102 Lots 15 & 16 Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 45-08-04-280-025.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,682

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1913
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Back Yard, Front Yard
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: BL.102 lots 15 & 16
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Flooring: Wood

Exterior Features

  • Exterior Features: None
  • Acres: 0.172

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7492.32
  • Parcel #: 45-08-04-280-025.000-004

Rental Info

  • Owner Pays: All Utilities

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Lighthouse Estates Llc
Bought by
Red Door Legacy Llc
Current Estimated Value
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$208,496
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$96,496

Purchase Details

Listed on
Jul 29, 2024
Closed on
Nov 13, 2024
Sold by
Johnson Jasmine A
Bought by
Lighthouse Estates Llc
Seller's Agent
Elizabeth Magee
Better Homes and Gardens Real
Buyer's Agent
Shaleeka Gunn
Coldwell Banker Realty
List Price
$99,999
Sold Price
$90,000
Premium/Discount to List
-$9,999
-10%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.15%
Original Mortgage
$195,000
Interest Rate
5.41%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 12, 2020
Sold by
Nirvana Property Investors Llc
Bought by
Johnson Jasmine A
Seller's Agent
Larita Thomas
@properties/Christie's Intl RE
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.56%

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 28, 2020
Sold by
Nirvana Property Investors Llc
Bought by
Johnson Jasmine A
Seller's Agent
Larita Thomas
@properties/Christie's Intl RE
List Price
$35,000
Sold Price
$35,000

Purchase Details

Closed on
Jul 31, 2019
Sold by
Centier Bank
Bought by
Nirvana Properties Investors Llc

Purchase Details

Closed on
May 3, 2019
Sold by
Douglas Redrick
Bought by
Centier Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Red Door Legacy Llc -- Perpetual Title
Lighthouse Estates Llc -- None Listed On Document
Lighthouse Estates Llc -- None Listed On Document
Johnson Jasmine A -- Liberty Title & Escrow
Johnson Jasmine A -- Liberty Title & Escrow
Nirvana Properties Investors Llc -- Meridian Title Corp
Centier Bank $18,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Door Legacy Llc $210,000
Previous Owner Lighthouse Estates Llc $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $90,000 -10.0% $31 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $99,999 +185.7% $35 / Sq Ft
07/28/2020 07/28/20 Sold $35,000 0.0% $12 / Sq Ft View Prior Sale
06/28/2020 06/28/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $35,000 -- $12 / 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 $1,809 $115,000 $11,800 $103,200
2024 $7,353 $98,400 $11,800 $86,600
2023 $1,683 $83,400 $13,500 $69,900
2022 $1,632 $79,000 $8,000 $71,000
2021 $1,906 $74,400 $8,000 $66,400
2020 $1,906 $74,400 $8,000 $66,400
2019 $1,085 $64,700 $8,000 $56,700
2018 $1,136 $64,700 $8,000 $56,700
2017 $1,166 $65,500 $8,000 $57,500
2016 $1,201 $68,200 $8,000 $60,200
2014 $1,197 $70,200 $9,400 $60,800
2013 $1,106 $67,700 $9,400 $58,300
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Magee

    Seller's Agent in 2024

    Elizabeth Magee

    Better Homes and Gardens Real

    (219) 359-9559

    3 in this area

    37 Total Sales

    Elizabeth Magee
    Section Image
  • Shaleeka Gunn

    Buyer's Agent in 2024

    Shaleeka Gunn

    Coldwell Banker Realty

    (773) 419-8296

    4 in this area

    54 Total Sales

    Shaleeka Gunn
    Section Image
  • Larita Thomas

    Seller's Agent in 2020

    Larita Thomas

    @ Properties

    (219) 973-8481

    5 in this area

    219 Total Sales

    Larita Thomas
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 807744

Northwest Indiana Association of REALTORS®

APN: 45-08-04-280-025.000-004

Indiana Lake County Gary 46402 Downtown Gary

436 Jefferson St, Gary, IN

Not Listed for Sale

MultiFamily

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.

Nearby Homes