Closed

$30,000

2630 Colfax St, Gary, IN 46406

3beds

1,134sqft

Single Family Residence

Built in 1937

0.54 Acres Lot

$-- Zestimate^®

$26/sqft

$1,551 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,551/mo

Zestimate^® history

Owner options

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$1,551/mo

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$1,551/mo

Rent Zestimate^®

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$151/mo

Est. payment

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$151/mo

Est. payment

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What's special

Over a half acre

Excellent investment opportunity! This property offers 1 HOME WITH 3 Bedroom 1 Bath and tons of potential! There is an additional 2 UNIT RENTAL BUILDINGS ON LOT NEXT DOOR WITH CURRENT RENTERS AND ADDITIONAL BUILDING that was a home on the lot that could be renovated. Located on OVER a HALF ACRE this home is within MINUTES of DOWNTOWN CHICAGO. STORAGE UNITS BELONG TO RENTERS.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Bathroom, Primary Bedroom, Living Room, Laundry, Kitchen, Dining Room, Bedroom 3, Bedroom 2

Primary bedroom

Area: 168
Dimensions: 12.0 x 14.0

Bedroom 2

Area: 80
Dimensions: 8.0 x 10.0

Bedroom 3

Area: 80
Dimensions: 8.0 x 10.0

Dining room

Description: 10.00 x 10.00
Area: 100
Dimensions: 10.0 x 10.0

Kitchen

Area: 60
Dimensions: 6.0 x 10.0

Laundry

Area: 70
Dimensions: 7.0 x 10.0

Living room

Area: 120
Dimensions: 10.0 x 12.0

Heating

Forced Air

Appliances

Laundry: Main Level

Features

Primary Downstairs
Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 1,134
Total interior livable area: 1,134 sqft
Finished area above ground: 1,134

Property

Parking

Total spaces: 1
Parking features: Attached
Attached garage spaces: 1

Features

Levels: One
Exterior features: None
Frontage length: 77

Lot

Size: 0.54 Acres
Features: Wooded

Details

Parcel number: 450714427033000003

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1937

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: Garden Acres

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $26/sqft
Tax assessed value: $35,500
Annual tax amount: $1,072
Date on market: 10/2/2023
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Price history

Date	Event	Price
5/9/2025	Sold	$30,000-40%$26/sqft
Source: NIRA as distributed by MLS GRID #539592 Report a problem
2/10/2025	Pending sale	$49,999$44/sqft
Source: NIRA as distributed by MLS GRID #539592 Report a problem
10/16/2024	Listed for sale	$49,999$44/sqft
Source: NIRA as distributed by MLS GRID #539592 Report a problem
3/3/2024	Contingent	$49,999$44/sqft
Source: NIRA as distributed by MLS GRID #539592 Report a problem
1/19/2024	Price change	$49,999-8.9%$44/sqft
Source: NIRA as distributed by MLS GRID #539592 Report a problem
12/18/2023	Price change	$54,900-0.2%$48/sqft
Source: NIRA as distributed by MLS GRID #539592 Report a problem
12/7/2023	Price change	$55,000-6.8%$49/sqft
Source: NIRA as distributed by MLS GRID #539592 Report a problem
10/18/2023	Price change	$59,000-9.2%$52/sqft
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #539592 Report a problem
10/17/2023	Price change	$65,000+10.2%$57/sqft
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #539592 Report a problem
10/17/2023	Price change	$59,000-9.2%$52/sqft
Source: NIRA as distributed by MLS GRID #539592 Report a problem
10/2/2023	Listed for sale	$65,000$57/sqft
Source: NIRA as distributed by MLS GRID #539592 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$41,700 +6.1%
2024	--	$39,300 +4%
2023	--	$37,800 +6.5%
2022	--	$35,500 +6.9%
2021	--	$33,200
2020	--	$33,200
2019	$105	$33,200
2018	$105	$33,200 +11.8%
2017	--	$29,700 -3.3%
2016	--	$30,700 -8.6%
2014	--	$33,600 +2.8%
2013	--	$32,700 +0.3%
2012	--	$32,600 -4.1%
2011	--	$34,000 +18.9%
2010	--	$28,600 -14.1%
2009	--	$33,300 +14.8%
2007	--	$29,000 +141.7%
2006	--	$12,000
2005	--	$12,000
2004	--	$12,000 -7.7%
2003	--	$13,000
2002	--	$13,000 +200.2%
2001	--	$4,330