Closed

$35,000

1967 Connecticut St, Gary, IN 46407

6beds

1,996sqft

Triplex

Built in 1918

-- sqft lot

$129,100 Zestimate^®

$18/sqft

$1,023 Estimated rent

Home value

$129,100

$89,000 - $173,000

$1,023/mo

Zestimate^® history

Owner options

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$1,023/mo

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$1,023/mo

Rent Zestimate^®

Refinance and save

$177/mo

Est. payment

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$177/mo

Est. payment

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What's special

Attention Investors!! This all brick 3-Unit in the heart of Gary is on the market for the first time. The upper and middle unit are each 3 bed/1 bath and are currently rented out at $550/month. The bottom unit is currently vacant and in need of a clean out and renovation and makes very a nice value add to increase monthly cash flow. The roof was recently replaced and some work done to the front porch. This is a great opportunity to do some renovations and increase all 3 units to market rent and cash flow really well!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Space Heater

Appliances

Included: None

Features

Elevator
Basement: Full

Interior area

Total structure area: 1,996
Total interior livable area: 1,996 sqft

Property

Parking

Parking features: None

Features

Patio & porch: Porch
Exterior features: Storage
Frontage length: 25

Lot

Size: 3,049 sqft
Dimensions: 25 x 125

Details

Parcel number: 450810353015000004

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Condition

New construction: No
Year built: 1918

Utilities & green energy

Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available

Community & neighborhood

Location

Region: Gary
Subdivision: Broadway Add

HOA & financial

Other financial information

Total actual rent: 13200

Other

Other facts

Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Contract,Conventional,Lease Option

Price history

Date	Event	Price
7/14/2023	Sold	$35,000-41.7%$18/sqft
Source: NIRA as distributed by MLS GRID #532192 Report a problem
6/17/2023	Listed for sale	$60,000-14.3%$30/sqft
Source: NIRA as distributed by MLS GRID #532192 Report a problem
6/7/2023	Listing removed	--
Source: NIRA as distributed by MLS GRID #526962 Report a problem
4/7/2023	Price change	$70,000-12.5%$35/sqft
Source: NIRA as distributed by MLS GRID #526962 Report a problem
3/22/2023	Listed for sale	$80,000$40/sqft
Source: NIRA as distributed by MLS GRID #526962 Report a problem
3/14/2023	Listing removed	--
Source: NIRA as distributed by MLS GRID #526962 Report a problem
3/7/2023	Listed for sale	$80,000$40/sqft
Source: NIRA as distributed by MLS GRID #526962 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,633 +6%	$68,400 +5.1%
2024	$1,541 +7.8%	$65,100 +6.5%
2023	$1,430 +8.4%	$61,100 +9.5%
2022	$1,319	$55,800 +8.3%
2021	$1,319 +28.1%	$51,500
2020	$1,030 -28.1%	$51,500
2019	$1,433 -3.1%	$51,500 -20.4%
2018	$1,478 +1.6%	$64,700 -1.4%
2017	$1,454	$65,600 -4.4%
2016	$1,454 -39.5%	$68,600 -33.2%
2014	$2,403 +5.6%	$102,700 +1.4%
2013	$2,276 -8.7%	$101,300 -5.8%
2012	$2,494 +8.8%	$107,500 +12.4%
2011	$2,292 -3.9%	$95,600 +0.1%
2010	$2,386	$95,500 +50.2%
2009	--	$63,600 +6%
2007	--	$60,000 +105.5%
2006	--	$29,200
2005	--	$29,200