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$44,900

1600 Broadway Gary, IN  46407

  • 6,094 sq. Ft

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Property Description for 1600 Broadway Gary, IN 46407

Commercial with loads of potential. The building offers 3 Retail spaces, 2 units in the front on Broadway and the 3rd unit is located on 16th Ave. Upstairs needs renovation but has loads of space for offices or possible to convert into rental apartments. Has large open basement space. Seller will make no repairs, Sold As Is .Seller will convey via Quit Claim Deed. Schedule a showing and see the possibilities.

Address:1600 Broadway Gary IN 46407
Status:Active
on site: 127 days
Price:$44,900
Bathrooms:0
Sq. Feet:6,094
Year Built:1915
Lot Size:0.14
County: Lake
MLS #:545059
Property Type:Retail

Lot Dimensions:125' x 50'
Directions:Broadway to address, property is located on the west side of the street.
Total Sq. Ft. :6,094

Loan Price
$253
Price And Interest $234/month
Property Tax $0/month
MTG INS $0/month
HOME INS $19/month
Price
$44,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$228 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

City:Gary
Subdivision: Ctl & I Cos 5th Add
Zip Code:46407

Total Sq. Ft.:6,094
Exterior Features:Aluminum Siding, Brick
Heat:None
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Schools in 1600 Broadway Gary, IN  46407


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Listing provided courtesy of Carmen Howard with Howard Realty Group, LLC from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 02/13/2024 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

70
Avg. DOM
$88.18
Avg. $ / Sq.Ft.
$ 119,000
Med. List Price

The house prices in Gary are indeed dropping at the moment. There has been a decrease in price of $0.00. 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.

The housing market and house prices in Gary are going Down. The average house price is $110,000.00 and the average price per square feet is $87.63 per square feet. At the moment, the amount of homes listed is exactly 2956 houses, with 238 with active status, 1 with pending status and 2717 sold in 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 $2,000.67. 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 35 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 241 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in Gary is $750,000.00. 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 $7,000.00 . 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 2004.

The average size of properties in Gary is 1521.73 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.