4425 Broadway Gary, IN 46409
Glen Park NeighborhoodEstimated payment $1,353/month
About This Home
For Sale: Prime Mixed-Use Building on Broadway AveUnlock the potential of this versatile mixed-use property in a high-visibility location!Property Features:Street-Level Commercial Space - Ideal for retail, office, or service-based businessesTwo Upper-Level 2-Bedroom Apartments - Perfect for rental income or live-work setupRear Parking - Plus ample street parking for customers and tenantsSeparate Utilities - Each unit has its own gas and electric metersLarge Basement - Great for storage or additional usageLocated on bustling Broadway Ave with strong foot and vehicle trafficWhether you're an investor or end user, this property offers flexible use and income potential.Schedule your showing today and seize this unique opportunity!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,807
Year Built
- Built in 1959
Parking
- 4 Parking Spaces
Interior Spaces
- 6,075 Sq Ft Home
- 1-Story Property
- Basement
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for taxes, water, trash collection
- Rent includes trash collection, water
- Assessor Parcel Number 450827355007000004
Community Details
Overview
- 3 Units
- Broadway Heights Subdivision
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,643 | $62,900 | $3,700 | $59,200 |
| 2023 | $2,365 | $64,000 | $3,700 | $60,300 |
| 2022 | $2,365 | $66,400 | $3,700 | $62,700 |
| 2021 | $2,216 | $62,200 | $3,700 | $58,500 |
| 2020 | $2,216 | $62,200 | $3,700 | $58,500 |
| 2019 | $2,466 | $62,200 | $3,700 | $58,500 |
| 2018 | $2,754 | $69,000 | $10,500 | $58,500 |
| 2017 | $2,769 | $68,600 | $10,500 | $58,100 |
| 2016 | $2,830 | $71,200 | $10,500 | $60,700 |
| 2014 | $2,545 | $76,200 | $3,700 | $72,500 |
| 2013 | $2,292 | $70,600 | $3,700 | $66,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | For Sale | $200,000 | -- | $33 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title Insurance Co | |
| Personal Reps Deed | -- | Chicago Title Insurance Comp |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,450 | Purchase Money Mortgage |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 821474
APN: 45-08-27-355-007.000-004
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.
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.
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