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(SOLD) $5,500

1040 Polk Street Gary, IN  46402

  • 2 Beds
  • 2 Baths
  • 1,560 sq. Ft

Property Description for 1040 Polk Street Gary, IN 46402

Investors start here or add this one to your portfolio. This home is said to have good bones and sits on an extra large lot. Home and garage are all brick. Come check this one out with your agent. Lots of potential for the right investor / rehabber. Please due your diligence before writing your offer.

Address:1040 Polk Street Gary IN 46402
Status:Sold
Sold On: 1/11/2022
Price:$5,500
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,560
Year Built:1927
Lot Size:0.16
County: Lake
MLS #:498114
Property Type:Single Family Detach

Lot Dimensions:62x110
Lot Features:Corner Lot, Curbs, Nearly Level, Paved Street Access, Sidewalks
Water Source:Public
Directions:Head south on Grant St, Turn right onto W 11th Ave then turn left onto Polk St and the house will be on the lef
Total Sq. Ft. :1,560

Loan Price
$129
Price And Interest $29/month
Property Tax $98/month
MTG INS $0/month
HOME INS $2/month
Price
$5,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$98/month
Home Owner Insurance
$24 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Main Bedroom 9x10 Main
Info Not Available
Kitchen 10x11 Main
Living Room 12x11 Main

Semi-Annual Property Tax:$586
Tax Year:2020
Mandatory HOA Fee:$
HOA Fee Includes:None

City:Gary
Subdivision: Gary Land Companys 11
Zip Code:46402

Total Sq. Ft.:1,560
Interior Features:None
Interior Area(s):None
Appliances:None
Equipment:None
Exterior Features:None
Exterior Type:None
Heat:None
Total Rooms:4
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schools in 1040 Polk Street Gary, IN  46402


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Listing provided courtesy of Frank Lopez with eXp Realty, LLC from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/06/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Gary Market Report

76
Avg. DOM
$87.53
Avg. $ / Sq.Ft.
$ 119,900
Med. List Price

The house prices in Gary are not dropping at the moment. There has been a increase in price of $54,363.09. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for Gary.

The most popular place to buy a home in Gary is null. null is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Gary .

The average amount of property taxes you would have to pay for a home in Gary is $3,270.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Gary are staying listed for an average of 33 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Gary was 567 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Gary is $448,500.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Gary is $10,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Gary in year 1900 and the newest built house is in year 2008.

The average size of properties in Gary is 1542.39 sq.ft. , the biggest one being 4748 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.