NOT LISTED FOR SALE

724 Delaware St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $102,000 - $115,000

4 Beds
2 Baths
3,024 Sq Ft
$35/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $105,475 $35 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $811/month

5 Days on Market

About This Home

As of May 2023

GREAT INVESTMENT PROPERTY! Two unit property, both tenant occupied. Each unit has three bedrooms and one bathroom. Both units have new appliances, which stay, new flooring, updated bathrooms, new roof and upstairs unit was freshly painted before current tenant.

Last Agent to Sell the Property

Jenifer Anderson

Premier Region Real Estate License #RB19000636 Listed on: 04/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1920

Lot Details

  • 3,746 Sq Ft Lot

Home Design

  • 3,024 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Gary Land Companys 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450803354025000004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,164

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Co List Office Mls Id: GNR2069
  • Subdivision Name: Gary Land Companys 01
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.086

Garage/Parking

  • Parking Features: Other

Lot Info

  • Lot Size Sq Ft: 3746
  • Parcel #: 450803354025000004

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 25, 2023
Sold by
Cobb Venus
Bought by
Petrocelli Nicholas
Seller's Agent
Jenifer Anderson
Premier Region Real Estate
List Price
$105,475
Sold Price
$105,475
Current Estimated Value
$123,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,013
Avg. Annual Appreciation
-0.31%
Original Mortgage
$87,500
Outstanding Balance
$86,333
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$18,475
Source: Public Records

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
Petrocelli Nicholas $105,475 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrocelli Nicholas $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $105,475 0.0% $35 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $105,475 -- $35 / 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 $7,618 $107,100 $4,800 $102,300
2023 $2,104 $86,400 $4,000 $82,400
2022 $2,104 $82,800 $3,700 $79,100
2021 $1,938 $76,300 $3,700 $72,600
2020 $1,825 $71,900 $3,700 $68,200
2019 $1,498 $71,900 $3,700 $68,200
2018 $1,660 $75,600 $3,900 $71,700
2017 $1,711 $76,600 $3,900 $72,700
2016 $1,759 $79,900 $3,900 $76,000
2014 $1,906 $81,900 $4,700 $77,200
2013 $1,887 $84,300 $4,700 $79,600
Source: Public Records

Agents Affiliated with this Home

  • Jenifer Anderson

    Seller's Agent in 2023

    Jenifer Anderson

    Premier Region Real Estate

    (219) 313-3955

    1 in this area

    26 Total Sales

    Jenifer Anderson
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR528877

Northwest Indiana Association of REALTORS®

APN: 45-08-03-354-025.000-004

Indiana Lake County Gary 46402 Downtown Gary

724 Delaware St, Gary, IN

This home is located at 724 Delaware St, Gary, IN 46402 since 21 April 2023 and is currently estimated at $107,194, approximately $35 per square foot. This property was built in 1920. 724 Delaware St is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, Gary Middle School, 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.

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