NOT LISTED FOR SALE

725 Johnson St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $123,931 - $152,000

3 Beds
1.5 Baths
1,632 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $21,500 $13 Per Sq Ft

Est. 545% increase in value since last sale

Current estimated payment $868/month

169 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Room
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of May 2020

Investors welcome!!!! This 2-Story 3 bdrm 2 bath home is a great investment opportunity or a starter home for first time home buyers. Close to transportation, and Lake Michigan!

Last Agent to Sell the Property

Clarence Webb

Premier Region Real Estate License #RB14051393 Listed on: 10/21/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 60x125

Parking

  • 1 Car Detached Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Recreation Room
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available
  • TV Antenna

Community Details

  • Gary Land Company's Resub 3Rd Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450804352004000004

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, TV Antenna
  • Co List Office Mls Id: GNR1788
  • Subdivision Name: Gary Land Company's Resub 3rd
  • Architectural Style: Two Story
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 816
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Other
  • Basement: Walk Out
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.143

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 60x125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450804352004000004
  • Zoning Description: Residential

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1653

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
May 6, 2020
Sold by
King Dennis and King John H
Bought by
Gonzalez Valencia Manuel
Seller's Agent
Clarence Webb
Premier Region Real Estate
List Price
$21,500
Sold Price
$21,500
Current Estimated Value
$138,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,233
Avg. Annual Appreciation
39.34%
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
Gonzalez Valencia Manuel -- Liberty Title & Escrow Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2020 05/06/20 Sold $21,500 0.0% $13 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $21,500 -- $13 / 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 $7,371 $87,700 $7,600 $80,100
2023 $991 $83,600 $7,900 $75,700
2022 $991 $84,600 $5,000 $79,600
2021 $907 $78,500 $5,000 $73,500
2020 $896 $77,700 $5,000 $72,700
2019 $1,670 $80,500 $5,000 $75,500
2018 $1,734 $75,800 $4,700 $71,100
2017 $1,714 $76,500 $4,700 $71,800
2016 $208 $79,800 $4,700 $75,100
2014 $143 $88,400 $5,900 $82,500
2013 $140 $86,600 $5,900 $80,700
Source: Public Records

Agents Affiliated with this Home

  • Clarence Webb

    Seller's Agent in 2020

    Clarence Webb

    Premier Region Real Estate

    (219) 805-0091

    14 Total Sales

    Clarence Webb
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR464984

Northwest Indiana Association of REALTORS®

APN: 45-08-04-352-004.000-004

Indiana Lake County Gary 46402 Downtown Gary

725 Johnson St, Gary, IN

Not Listed for Sale

Detached

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