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  • $40,000

    1101 E 16th Ave, Gary, IN 46407

    2beds
    720sqft
    Single Family Residence
    Built in 1964
    9,365.4 Square Feet Lot
    $66,400 Zestimate®
    $56/sqft
    $1,062 Estimated rent

    Home value

    $66,400

    $50,000 - $85,000

    $1,062/mo

    Zestimate® history
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    Rent Zestimate®

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    $202/mo

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    $202/mo

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    What's special

    Investor's special!!!! Discover an outstanding investment opportunity with this fantastic 2-bedroom, 1-bathroom home! Whether you're seeking a cozy residence or a savvy investment property, this gem offers both potential and value. Explore the possibilities today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff McCormick,

    McCormick Real Estate, Inc. 219-663-9300,

    Hector Calderon

    Bought with:

    Annastacia Morse, RB21000301

    Coldwell Banker Realty

    Source: NIRA as distributed by MLS GRID,MLS#: 804409MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Area: 132
    • Dimensions: 12.0 x 11.0
    Bedroom 2
    • Area: 132
    • Dimensions: 12.0 x 11.0
    Living room
    • Area: 234
    • Dimensions: 18.0 x 13.0
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: None
    • Laundry: None
    Features
    • None
    • Windows: Double Pane Windows
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 720
    • Total interior livable area: 720 sqft
    • Finished area above ground: 720

    Property

    Parking
    • Parking features: Outside
    Features
    • Levels: One
    • Patio & porch: None
    • Exterior features: Rain Gutters
    • Pool features: Other
    • Fencing: Back Yard,Chain Link
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 9,365 sqft
    • Dimensions: 9365
    • Features: Back Yard, Landscaped
    Details
    • Parcel number: 450810406021.000004
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Condition
    • Fixer
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Sewer Available, Water Available, Underground Utilities, Sewer Connected, Natural Gas Connected, Natural Gas Available, Electricity Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks, Street Lights
    Location
    • Region: Gary
    • Subdivision: Davis & Holmes 1st Sub

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Other,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/29/2024Sold$40,000-11.1%$56/sqft
    Source: NIRA as distributed by MLS GRID #804409 Report a problem
    9/16/2024Price change$45,000-14.3%$63/sqft
    Source: NIRA as distributed by MLS GRID #804409 Report a problem
    8/29/2024Price change$52,500-10.9%$73/sqft
    Source: NIRA as distributed by MLS GRID #804409 Report a problem
    8/19/2024Price change$58,900-0.2%$82/sqft
    Source: NIRA as distributed by MLS GRID #804409 Report a problem
    7/12/2024Price change$59,000-1.5%$82/sqft
    Source: NIRA as distributed by MLS GRID #804409 Report a problem
    6/26/2024Price change$59,900-14.3%$83/sqft
    Source: NIRA as distributed by MLS GRID #804409 Report a problem
    5/28/2024Listed for sale$69,900$97/sqft
    Source: NIRA as distributed by MLS GRID #804409 Report a problem
    4/29/2024Listing removed--
    Source: NIRA as distributed by MLS GRID #800906 Report a problem
    3/16/2024Listed for sale$69,900+3110.8%$97/sqft
    Source: NIRA as distributed by MLS GRID #800906 Report a problem
    2/11/2021Sold$2,177-16.3%$3/sqft
    Source: Public Record Report a problem
    2/6/2006Sold$2,600$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,081 +5.6%$40,400 -6.3%
    2024$1,024 -14.1%$43,100 +6.2%
    2023$1,191 $40,600 -12.7%
    2022-- $46,500 +5.4%
    2021-- $44,100 +3%
    2020-- $42,800 +6.5%
    2019$126 +35.5%$40,200 -6.1%
    2018$93 $42,800 -1.2%
    2017-- $43,300 -3.8%
    2016-- $45,000 -10.2%
    2014-- $50,100 -20.3%
    2013$45 -93.1%$62,900 +1.9%
    2012$659 -8.7%$61,700 -7.2%
    2011$722 -17.7%$66,500 -8.7%
    2010$877 $72,800 +31.9%
    2009-- $55,200 +79.8%
    2007-- $30,700 +184.3%
    2006-- $10,800
    2005-- $10,800
    2004-- $10,800 -48.6%
    2003-- $21,000
    2002-- $21,000 +200%
    2001-- $7,000

    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating