Closed

$55,000

2344 Gerry St, Gary, IN 46406

2beds

768sqft

Single Family Residence

Built in 1950

7,666 Square Feet Lot

$145,000 Zestimate^®

$72/sqft

$1,402 Estimated rent

Home value

$145,000

$116,000 - $173,000

$1,402/mo

Zestimate^® history

Owner options

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$1,402/mo

Rent Zestimate^®

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$1,402/mo

Rent Zestimate^®

Refinance and save

$277/mo

Est. payment

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$277/mo

Est. payment

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What's special

Ranch - style layoutSpacious lot

Inviting investors to explore this opportunity, as this property welcomes TLC and presents a promising investment prospect. With two bedrooms nestled in a ranch-style layout, a full basement, and a three-car garage, all set on a spacious lot, this property offers abundant potential for enhancement and value appreciation.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Rooms

Room types: Bathroom, Bedroom 2, Bonus Room, Kitchen, Living Room, Office, Primary Bedroom

Primary bedroom

Area: 144
Dimensions: 12 x 12

Bedroom 2

Area: 90
Dimensions: 9 x 10

Bonus room

Area: 144
Dimensions: 12 x 12

Dining room

Description: 0.00 x 0.00
Area: 0
Dimensions: 0 x 0

Kitchen

Area: 144
Dimensions: 12 x 12

Living room

Area: 168
Dimensions: 12 x 14

Office

Dimensions: 10 x 12

Heating

Forced Air, Natural Gas

Appliances

Included: Refrigerator

Features

None
Basement: Interior Entry
Has fireplace: No

Interior area

Total structure area: 768
Total interior livable area: 768 sqft
Finished area above ground: 768

Property

Parking

Total spaces: 3
Parking features: Detached, Off Street
Garage spaces: 3

Features

Levels: One
Exterior features: None
Frontage length: 51

Lot

Size: 7,666 Square Feet
Dimensions: 51 x 149
Features: Corner Lot, Level, Paved

Details

Parcel number: 450713176036000003

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1950

Utilities & green energy

Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Curbs
Subdivision: Mid-Village Add

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $72/sqft
Tax assessed value: $44,000
Annual tax amount: $458
Date on market: 4/19/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
4/19/2024	Sold	$55,000-8.3%$72/sqft
Source: NIRA as distributed by MLS GRID #545068 Report a problem
2/13/2024	Listed for sale	$60,000$78/sqft
Source: NIRA as distributed by MLS GRID #545068 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$476 +2.4%	$52,700 +10.7%
2024	$465 +1.5%	$47,600 +2.4%
2023	$458 +8.5%	$46,500 +5.7%
2022	$422 -7.9%	$44,000 +8.4%
2021	$458 -0.2%	$40,600 -8.1%
2020	$459 -31.9%	$44,200 -0.2%
2019	$674 -43.4%	$44,300 -0.7%
2018	$1,191 +65%	$44,600 -15.4%
2017	$722	$52,700 -4.4%
2016	$722 -5.1%	$55,100 -6.8%
2014	$760 +5.1%	$59,100 +3.3%
2013	$724 -11.8%	$57,200 -0.5%
2012	$821 +4.5%	$57,500 +3.2%
2011	$786 +8.6%	$55,700 +20.3%
2010	$724	$46,300 -15.2%
2009	--	$54,600 +14.9%
2007	--	$47,500 +48.9%
2006	--	$31,900 +28.6%
2005	--	$24,800