This 3-bedroom, 1-bath home at 2131 Kentucky St is a prime opportunity for savvy investors looking for their next fix-and-flip or buy-and-hold rental. The property needs a medium to full rehab, making it good those ready to add value and maximize returns.Located in an area with rental demand and investor activity, this home has great potential with the right improvements. Solid layout, decent lot, and room to customize -- whether you're just starting out or adding to your portfolio, this one has upside. Bring your vision and make it a great investment!
Closed
$20,000
2131 Kentucky St, Gary, IN 46407
3beds
804sqft
Single Family Residence
Built in 1949
4,791 Square Feet Lot
$20,400 Zestimate®
$25/sqft
$1,283 Estimated rent
Home value
$20,400
$19,000 - $22,000
$1,283/mo
Zestimate® history
Owner options
List your home for rent
$1,283/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,283/mo
Rent Zestimate®
Refinance and save
$101/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$101/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Decent lotSolid layout
Zillow last checked:
Listing updated:
Listed by:
Steven Koleno,
Beycome Brokerage Realty LLC 804-656-5007
Bought with:
Brittany Singletary, RB24001453
Integrity Realty Partners
Source: NIRA as distributed by MLS GRID,MLS#: 825688
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Kitchen, Dining Room, Bedroom 5
Primary bedroom
- Area: 143
- Dimensions: 13.0 x 11.0
Primary bedroom
- Area: 90
- Dimensions: 10.0 x 9.0
Bedroom 2
- Area: 110
- Dimensions: 11.0 x 10.0
Bedroom 5
- Area: 40
- Dimensions: 8.0 x 5.0
Dining room
- Area: 120
- Dimensions: 12.0 x 10.0
Kitchen
- Area: 120
- Dimensions: 12.0 x 10.0
Heating
- None
Appliances
- Included: None
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 804
- Total interior livable area: 804 sqft
- Finished area above ground: 804
Property
Features
- Levels: One
- Exterior features: Private Yard
- Has view: Yes
- View description: City, Neighborhood
Lot
- Size: 4,791 Square Feet
- Features: Front Yard
Details
- Parcel number: 450815204008000004
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ironwood Un A
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $25/sqft
- Tax assessed value: $13,200
- Annual tax amount: $1,164
- Date on market: 8/8/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $20,000-35.5%$25/sqft |
Source:  NIRA as distributed by MLS GRID #825688 Report a problem | ||
| 8/21/2025 | Pending sale | $31,000$39/sqft |
Source: NIRA as distributed by MLS GRID #825688 Report a problem | ||
| 8/13/2025 | Price change | $31,000-6.1%$39/sqft |
Source: NIRA as distributed by MLS GRID #825688 Report a problem | ||
| 8/8/2025 | Listed for sale | $33,000+1000%$41/sqft |
Source: NIRA as distributed by MLS GRID #825688 Report a problem | ||
| 6/25/2025 | Sold | $3,000$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $346 +4% | $14,400 +4.3% |
| 2024 | $333 +12% | $13,800 +4.5% |
| 2023 | $297 +4.5% | $13,200 +13.8% |
| 2022 | $284 +1.8% | $11,600 +4.5% |
| 2021 | $279 +20.4% | $11,100 +1.8% |
| 2020 | $232 -68.2% | $10,900 -6% |
| 2019 | $729 +13.2% | $11,600 -35.9% |
| 2018 | $644 +216.6% | $18,100 -1.6% |
| 2017 | $204 | $18,400 -3.7% |
| 2016 | $204 -24.6% | $19,100 -23% |
| 2014 | $270 -8.1% | $24,800 -10.1% |
| 2013 | $294 -15.8% | $27,600 +1.5% |
| 2012 | $349 -10.7% | $27,200 -23.2% |
| 2011 | $391 -24.5% | $35,400 -8.8% |
| 2010 | $517 | $38,800 +32% |
| 2009 | -- | $29,400 +22% |
| 2007 | -- | $24,100 +32.4% |
| 2006 | -- | $18,200 |
| 2005 | -- | $18,200 |
| 2004 | -- | $18,200 +91.6% |
| 2003 | -- | $9,500 |
| 2002 | -- | $9,500 +199.7% |
| 2001 | -- | $3,170 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby homes
- $38,6002 bd1 ba672 sqft2135 Kentucky St, Gary, IN 46407Off Market
- $8,2002 bd1 ba672 sqft2123 Kentucky St, Gary, IN 46407Off Market
- $29,7002 bd1 ba840 sqft2139 Kentucky St, Gary, IN 46407Off Market
- $34,2002 bd1 ba672 sqft2141 Kentucky St, Gary, IN 46407Off Market
- $4,5003 bd1 ba1.3k sqft1105 E 21st Ave, Gary, IN 46407Off Market
- $104,5003 bd2 ba2.1k sqft2128 Tennessee St, Gary, IN 46407Sold
- $50,2002 bd1 ba672 sqft2147 Kentucky St, Gary, IN 46407Off Market
- $28,1002 bd1 ba748 sqft2124 Tennessee St, Gary, IN 46407Off Market
Nearby schools
GreatSchools rating
- 2/10Daniel Hale Williams Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 4.5 mi
- 2/10West Side Leadership AcademyGrades: 9-12Distance: 4.5 mi
- Indiana
- Lake County
- Gary
- 46407
- Midtown
- 2131 Kentucky St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Gary Topics
