NOT LISTED FOR SALE

915 Colfax St Gary, IN 46406

Westside Neighborhood

Estimated Value: $36,000 - $87,000

2 Beds
1 Bath
720 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $7,500 $10 Per Sq Ft

Est. 745% increase in value since last sale

Current estimated payment $439/month

69 Days on Market

Highlights

  • Ranch Style House
  • Bathroom on Main Level
  • 4-minute walk to Ivanhoe South Nature Preserve
  • Living Room

About This Home

As of December 2022

INVESTMENT OPPORTUNITY! This 2 bedroom 1 bathroom ranch on a basement is ready to be brought back to life. Don't miss your chance - owner carry options as well as construction and conventional loans will be considered! AVAILABLE AS A SINGLE PROPERTY OR AS A PACKAGE - ASK YOUR AGENT FOR MORE INFORMATION.

Last Agent to Sell the Property

Stephani Nydam

Realty Executives Premier License #RB19001139 Listed on: 09/06/2022

Realty Executives Premier

Last Buyer's Agent

Michael Bergman

JRD Realty License #RB22001652

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,053 Sq Ft Lot
  • Lot Dimensions are 40x126

Home Design

  • Ranch Style House
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Utilities

  • No Cooling
  • No Heating

Community Details

  • Suburban Acres Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450712101003000004

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Co List Office Mls Id: GNR1830
  • Subdivision Name: Suburban Acres
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 720
  • GNR_HeatSystem: None
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.116

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: No
  • Heating: None

Lot Info

  • Lot Dimensions: 40X126
  • Lot Size Sq Ft: 5053
  • Parcel #: 450712101003000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 629

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Dec 7, 2022
Sold by
Inacq Llc
Bought by
Ayala Alvaro
Seller's Agent
Stephani Nydam
Realty Executives Premier
Buyer's Agent
Michael Bergman
JRD Realty
List Price
$10,000
Sold Price
$7,500
Premium/Discount to List
-$2,500
-25%
Current Estimated Value
$63,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,893
Avg. Annual Appreciation
170.21%

Purchase Details

Closed on
Oct 7, 2021
Sold by
Auditor Of Lake County
Bought by
Inacq Llc
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 Buyer Sale Price Title Company
Ayala Alvaro -- Fidelity National Title
Inacq Llc $500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $7,500 -25.0% $10 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $10,000 -- $14 / 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 $1,023 $12,000 $7,800 $4,200
2023 $228 $11,600 $7,800 $3,800
2022 $228 $8,900 $5,200 $3,700
2021 $569 $22,200 $5,200 $17,000
2020 $548 $21,400 $5,200 $16,200
2019 $1,352 $21,400 $5,200 $16,200
2018 $1,228 $21,400 $5,200 $16,200
2017 $499 $21,700 $5,200 $16,500
2016 $213 $8,600 $5,200 $3,400
2014 $702 $30,000 $6,000 $24,000
2013 $625 $27,800 $6,000 $21,800
Source: Public Records

Agents Affiliated with this Home

  • Stephani Nydam

    Seller's Agent in 2022

    Stephani Nydam

    Realty Executives

    (708) 601-2874

    2 in this area

    211 Total Sales

    Stephani Nydam
    Section Image
  • Michael Bergman

    Buyer's Agent in 2022

    Michael Bergman

    JRD Realty

    (219) 281-2430

    1 in this area

    1 Total Sale

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR519262

Northwest Indiana Association of REALTORS®

APN: 45-07-12-101-003.000-004

Indiana Lake County Gary 46406 Westside

915 Colfax St, Gary, IN

This home is located at 915 Colfax St, Gary, IN 46406 since 06 September 2022 and is currently estimated at $63,393, approximately $88 per square foot. This property was built in 1941. 915 Colfax St is a home located in Lake County with nearby schools including Bailly Preparatory Academy, West Side Leadership Academy, and Aspire Charter 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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