How about INSTANT cashflow AND instant equity? Well that's what this investment property is offering its next owner!! Welcome to this exceptional brick property, boasting a seamless blend of modern updates and timeless charm! Perfectly suited for an investor, this property grosses $2000.00/mo. Astute investors, seize the opportunity for substantial market rents and over $10,000 in equity as this property appraised for $165,000! This multi-unit gem offers two distinct apartments: a spacious 3-bed/1-bath unit and a cozy 2-bed/1-bath unit, complete with a convenient laundry room. Step inside and discover a treasure trove of amenities, including appliances for both units. Immerse yourself in luxury with two fully renovated bathrooms, flawlessly updated plumbing and electrical systems, brand new flooring, elegant trim work, a fresh coat of paint, sleek new cabinets, stylish countertops, and contemporary light fixtures. Don't let this rare opportunity slip away! Seller will contribute to closing costs!
Closed
$152,600
1313 Van Buren St, Gary, IN 46407
5beds
2,472sqft
Duplex
Built in 1925
-- sqft lot
$191,500 Zestimate®
$62/sqft
$1,195 Estimated rent
Home value
$191,500
$167,000 - $216,000
$1,195/mo
Zestimate® history
Owner options
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$1,195/mo
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$1,195/mo
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$1,006/mo
Est. payment
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$1,006/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Ashley Tarver,
Coldwell Banker Real Estate Gr 219-310-1243
Bought with:
Steven Monsma, RB19002253
Weichert Realtors - Shoreline
Source: NIRA as distributed by MLS GRID,MLS#: 541618
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Oven, Refrigerator, Range Hood, Range
- Laundry: In Unit, Other
Features
- Laminate Counters
- Has basement: No
Interior area
- Total structure area: 2,472
- Total interior livable area: 2,472 sqft
- Finished area above ground: 1,236
Property
Parking
- Parking features: Detached, Other, Garage Faces Rear
- Has garage: Yes
Features
- Levels: Two
- Exterior features: None
- Fencing: None
- Frontage length: 30
Lot
- Size: 3,615 sqft
- Dimensions: 121 x 30
- Features: Back Yard
Details
- Parcel number: 450809257003000004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Gary
- Subdivision: Gary Land Companys 11
HOA & financial
Other financial information
- Total actual rent: 2000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listing removed | $995 |
Source: Zillow Rentals Report a problem | ||
| 9/29/2025 | Price change | $995-9.5% |
Source: Zillow Rentals Report a problem | ||
| 8/29/2025 | Listed for rent | $1,099-8.3% |
Source: Zillow Rentals Report a problem | ||
| 8/22/2025 | Listing removed | $1,199 |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Price change | $1,199-4.1% |
Source: Zillow Rentals Report a problem | ||
| 7/19/2025 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2024 | Sold | $152,600-1.5%$62/sqft |
Source:  NIRA as distributed by MLS GRID #541618 Report a problem | ||
| 6/10/2024 | Contingent | $155,000$63/sqft |
Source: NIRA as distributed by MLS GRID #541618 Report a problem | ||
| 5/15/2024 | Listed for sale | $155,000+2.3%$63/sqft |
Source: NIRA as distributed by MLS GRID #541618 Report a problem | ||
| 2/29/2024 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #541618 Report a problem | ||
| 1/29/2024 | Price change | $151,500-3.5%$61/sqft |
Source: NIRA as distributed by MLS GRID #541618 Report a problem | ||
| 12/26/2023 | Price change | $157,000-6.5%$64/sqft |
Source: NIRA as distributed by MLS GRID #541618 Report a problem | ||
| 12/5/2023 | Price change | $167,990-1.2%$68/sqft |
Source: NIRA as distributed by MLS GRID #541618 Report a problem | ||
| 11/13/2023 | Listed for sale | $170,000+3853.5%$69/sqft |
Source: NIRA as distributed by MLS GRID #541618 Report a problem | ||
| 1/18/2023 | Sold | $4,300-71.3%$2/sqft |
Source: Public Record Report a problem | ||
| 10/16/2006 | Sold | $15,000$6/sqft |
Source: Public Record Report a problem | ||
| 6/2/2006 | Sold | $15,000-50%$6/sqft |
Source: NIRA as distributed by MLS GRID #152343 Report a problem | ||
| 9/16/2005 | Sold | $30,016$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,131 +2% | $130,800 +190% |
| 2024 | $1,110 +73.2% | $45,100 +2.5% |
| 2023 | $641 +8.2% | $44,000 +76% |
| 2022 | $592 +5% | $25,000 +8.2% |
| 2021 | $564 +18.9% | $23,100 +5% |
| 2020 | $474 -94.5% | $22,000 -7.2% |
| 2019 | $8,623 +26.8% | $23,700 -40.3% |
| 2018 | $6,798 +662.5% | $39,700 -0.8% |
| 2017 | $892 | $40,000 -4.3% |
| 2016 | $892 -19.5% | $41,800 -11.6% |
| 2014 | $1,107 +8.3% | $47,300 +4% |
| 2013 | $1,022 -4.4% | $45,500 -1.3% |
| 2012 | $1,070 +6.5% | $46,100 +10% |
| 2011 | $1,005 -5.8% | $41,900 -1.9% |
| 2010 | $1,067 | $42,700 +15.7% |
| 2009 | -- | $36,900 +8.2% |
| 2007 | -- | $34,100 +93.8% |
| 2006 | -- | $17,600 |
| 2005 | -- | $17,600 +247.1% |
| 2001 | -- | $5,070 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 4/10Beveridge Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 5.3 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 3.3 mi
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- Indiana
- Lake County
- Gary
- 46407
- Midtown
- 1313 Van Buren St
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