NOT LISTED FOR SALE

823 W 11th Ave Gary, IN 46402

Midtown Neighborhood

Estimated Value: $41,000 - $67,000

4 Beds
2 Baths
2,018 Sq Ft
$27/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $7,500 $4 Per Sq Ft

Est. 621% increase in value since last sale

Current estimated payment $375/month

194 Days on Market

About This Home

As of November 2022

Opportunity? Well here it is! With a recent clean out this large 2-unit property has tons of potential. Each unit has 2 beds and 1 bath. New developments are popping up close to this investment property. This 2-unit property needs a complete renovation and is priced to sell FAST! The property is near downtown, The Gary Railcats Stadium, 10 minutes to the beautiful beachfront shores of Lake Michigan, I-90 toll, and the South Shore train. Travel to and from the property is easy because of its central location.

Last Agent to Sell the Property

Erin Dapshis

Listing Leaders Executive RE License #RB19001973 Listed on: 04/08/2022

Listing Leaders Executive RE

Last Buyer's Agent

Rebecca Wright

Better Homes and Gardens Real License #RB20001428

Better Homes and Gardens Real

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,006 Sq Ft Lot

Home Design

  • 2,018 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Off-Street Parking

Community Details

  • 2 Units
  • Gary Land Companys 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450809180003000004

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Co List Office Mls Id: GNR2081
  • Subdivision Name: Gary Land Companys 11
  • 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: 0.069

Garage/Parking

  • Parking Features: Detached, Off Street

Lot Info

  • Lot Size Sq Ft: 3006
  • Parcel #: 450809180003000004

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Successful 2Nd Chance Rentals Llc
Bought by
Lighthouse Estates Llc
Total Days on Market
194
Current Estimated Value
$54,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Outstanding Balance
$86,000
Interest Rate
6.83%
Mortgage Type
Construction
Estimated Equity
-$31,913

Purchase Details

Listed on
Apr 8, 2022
Closed on
Dec 29, 2022
Sold by
Flournoy Rickey R
Bought by
Successful 2Nd Chance Rentals Llc
Seller's Agent
Erin Dapshis
Listing Leaders Executive RE
Buyer's Agent
Rebecca Wright
Better Homes and Gardens Real
List Price
$7,500
Sold Price
$7,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.07%

Purchase Details

Listed on
Apr 8, 2022
Closed on
Nov 14, 2022
Sold by
Flournoy Rickey R
Bought by
Successful 2Nd Chance Rentals Llc
Seller's Agent
Erin Dapshis
Listing Leaders Executive RE
Buyer's Agent
Rebecca Wright
Better Homes and Gardens Real
List Price
$7,500
Sold Price
$7,500

Purchase Details

Closed on
Jan 26, 2022
Sold by
Auditor Of Lake County
Bought by
Rodgers Gervais

Purchase Details

Closed on
Oct 7, 2021
Sold by
Auditor Of Lake County
Bought by
Rodgers Gervais

Purchase Details

Closed on
Aug 31, 2012
Sold by
Tolbert Scharlene
Bought by
Rodgers Gervais
Source: Public Records

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Range of Values:

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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
Lighthouse Estates Llc -- None Listed On Document
Successful 2Nd Chance Rentals Llc -- --
Successful 2Nd Chance Rentals Llc -- --
Rodgers Gervais $1,900 None Listed On Document
Rodgers Gervais $1,900 None Listed On Document
Rodgers Gervais -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lighthouse Estates Llc $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $7,500 0.0% $4 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $7,500 -- $4 / 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 $873 $9,700 $4,000 $5,700
2023 $164 $9,900 $4,300 $5,600
2022 $164 $6,400 $1,600 $4,800
2021 $154 $6,000 $1,600 $4,400
2020 $149 $5,800 $1,600 $4,200
2019 $1,046 $6,100 $1,600 $4,500
2018 $1,385 $28,800 $1,600 $27,200
2017 $661 $29,200 $1,600 $27,600
2016 $682 $30,600 $1,600 $29,000
2014 $1,177 $50,300 $2,000 $48,300
2013 $1,573 $70,000 $2,000 $68,000
Source: Public Records

Agents Affiliated with this Home

  • Erin Dapshis

    Seller's Agent in 2022

    Erin Dapshis

    Listing Leaders Executive RE

    (219) 742-3802

    2 in this area

    99 Total Sales

    Erin Dapshis
    Section Image
  • Rebecca Wright

    Buyer's Agent in 2022

    Rebecca Wright

    Better Homes and Gardens Real

    (219) 999-8990

    2 in this area

    63 Total Sales

    Rebecca Wright
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR510181

Northwest Indiana Association of REALTORS®

APN: 45-08-09-180-003.000-004

Indiana Lake County Gary 46402 Midtown

823 W 11th Ave, Gary, IN

This home is located at 823 W 11th Ave, Gary, IN 46402 since 08 April 2022 and is currently estimated at $54,087, approximately $26 per square foot. This property was built in 1925. 823 W 11th Ave is a home located in Lake County with nearby schools including Beveridge Elementary School, Gary Middle School, and West Side Leadership Academy.

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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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