$43,000
SOLD APR 29, 2025
2 Beds
1 Bath
936 Sq Ft
10,062 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

34% Below List Price

27 Days on Market

Highlights

  • City View
  • No HOA
  • Living Room

About This Home

As of April 2025

CASH ONLY! INVESTOR SPECIAL! Discover an incredible opportunity with this 2-bedroom, 1-bathroom home located at 4557 Lincoln St, Gary, IN 46408. This charming property offers plenty of potential for investors or owner-occupants. The home sits on a spacious lot, and the sale includes an additional adjacent lot that provides even more possibilities--ideal for building another residence or expanding the existing one. The interior of the home is in decent condition, primarily requiring cleaning and cosmetic updates on the main level. With some TLC, this home could shine as a rental or resale flip. The rear alley offers convenient access for a potential garage or parking area. The neighborhood offers a convenient location with easy access to major roads and amenities. Whether you're looking to flip, rent, or create your own dream home, this property is a fantastic investment at the right price. Act quickly--submit your cash offer today and seize this amazing opportunity!

Last Agent to Sell the Property

Amani Alvarez

Coldwell Banker Realty License #RB23000872 Listed on: 03/19/2025

Coldwell Banker Realty

Co-Listed By

Miya Armstrong

Coldwell Banker Realty License #RB21000342

Last Buyer's Agent

Jaymee Gibson

Brokerworks Group License #RB21002244

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Interior Spaces

  • 936 Sq Ft Home
  • 2-Story Property
  • Living Room
  • City Views
  • Laundry on lower level
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 10,062 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • L B Snowdens Oak Grove Add/Gary Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450833103010000004

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Few Trees
  • Reso View: City
  • Co List Office Mls Id: NRA166
  • Co List Office Phone: (219) 865-9911
  • Co List Office Mls Id: NRA166
  • Subdivision Name: L B Snowdens Oak Grove Add/Gary
  • Above Grade Finished Sq Ft: 936
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: Other
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Crown Molding, Tray Ceiling(s)
  • Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 0.231
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10062
  • Parcel #: 450833103010000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Apr 28, 2025
Sold by
Thompson Andre
Bought by
West Cadarryl
Seller's Agent
Amani Alvarez
Coldwell Banker Realty
Buyer's Agent
Jaymee Gibson
Brokerworks Group
List Price
$65,000
Sold Price
$43,000
Premium/Discount to List
-$22,000
-33.85%
Views
36
Current Estimated Value
$53,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,737
Avg. Annual Appreciation
89.05%

Purchase Details

Closed on
Aug 3, 2018
Sold by
Thompson Phtundia
Bought by
Thompson Andre

Purchase Details

Closed on
Sep 23, 2016
Sold by
Thompson Phtundra
Bought by
Petalas John

Purchase Details

Closed on
Feb 25, 2013
Sold by
Fannie Mae
Bought by
Harbour Portfolio Vii Lp

Purchase Details

Closed on
Oct 5, 2012
Sold by
Mccue Glenn C and The Unknown Tenant
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 29, 2007
Sold by
Red Brick Investment Properties Llc
Bought by
Mccue Glenn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2006
Sold by
Martin Christopher
Bought by
Red Brick Investment Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title Insurance Compan
Interfamily Deed Transfer -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,700 None Available
Special Warranty Deed $7,946 Chicago Title Ins Co
Sheriffs Deed $74,235 None Available
Warranty Deed -- None Available
Warranty Deed -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Purchase Money Mortgage
Previous Owner $28,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $43,000 -33.8% $46 / Sq Ft
03/19/2025 03/19/25 For Sale $65,000 0.0% $69 / Sq Ft
06/07/2020 06/07/20 Rented $800 0.0% --
05/08/2020 05/08/20 Under Contract -- -- --
05/06/2020 05/06/20 For Rent $800 -- --
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 $4,073 $49,300 $15,500 $33,800
2023 $1,165 $46,200 $15,500 $30,700
2022 $1,071 $41,700 $10,400 $31,300
2021 $1,002 $39,000 $10,400 $28,600
2020 $961 $37,400 $10,400 $27,000
2019 $1,013 $37,500 $10,500 $27,000
2018 $1,073 $39,400 $10,800 $28,600
2017 $912 $37,200 $10,800 $26,400
2016 $926 $38,400 $10,800 $27,600
2014 $970 $41,300 $12,600 $28,700
2013 $927 $41,100 $12,600 $28,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 817774

Northwest Indiana Association of REALTORS®

APN: 45-08-33-103-010.000-004