Charming. Functional. Full of potential. This 2-bedroom, 2-bath home with lots of bonus space is the affordable opportunity you've been waiting for! Situated on a spacious lot with a fully fenced yard and oversized 2-car garage, this property checks all the boxes for comfort and convenience - whether you're looking for your first home, your next investment, or a smart project.Step inside to find generously sized bedrooms, a flowing main floor layout, and a full basement loaded with flex space - including an office, an additional bonus room, and an extra area previously used as a den; with its own exterior access, this lower level is perfect for a potential primary suite or even related living.With solid bones and tons of possibility, this home is ready for your vision. Located in a quiet residential pocket of Lake Station with quick access to highways, parks, and essentials, it's both commuter-friendly and community-centered.Homes at this price with this much potential don't come along often - schedule your showing today! Home sold as-is.
Closed
$140,000
2698 Gibson St, Lake Station, IN 46405
2beds
1,592sqft
Single Family Residence
Built in 1935
4,704 Square Feet Lot
$159,200 Zestimate®
$88/sqft
$1,931 Estimated rent
Home value
$159,200
$134,000 - $181,000
$1,931/mo
Zestimate® history
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List your homeWhat's special
Fully fenced yardFlowing main floor layoutAdditional bonus roomGenerously sized bedroomsSpacious lot
Zillow last checked:
Listing updated:
Listed by:
Kate-Lynn Holley,
Banga Realty, LLC 219-661-7528
Bought with:
Jonni Newkirk, RB14041747
Century 21 Circle
Source: NIRA as distributed by MLS GRID,MLS#: 824910
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Rooms
- Room types: Basement, Primary Bedroom, Office, Kitchen, Family Room, Bonus Room, Bedroom 2
Primary bedroom
- Area: 110
- Dimensions: 10.0 x 11.0
Bedroom 2
- Area: 112
- Dimensions: 8.0 x 14.0
Basement
- Area: 272
- Dimensions: 17.0 x 16.0
Bonus room
- Area: 64
- Dimensions: 8.0 x 8.0
Family room
- Area: 216
- Dimensions: 18.0 x 12.0
Kitchen
- Area: 112
- Dimensions: 14.0 x 8.0
Office
- Area: 99
- Dimensions: 11.0 x 9.0
Heating
- Forced Air
Appliances
- Included: Dishwasher, Washer, Refrigerator, Dryer
Features
- None
- Basement: Bath/Stubbed,Full,Walk-Out Access,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,592
- Total interior livable area: 1,592 sqft
- Finished area above ground: 796
Property
Parking
- Total spaces: 2.5
- Parking features: Driveway
- Garage spaces: 2.5
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Front Porch
- Exterior features: Private Yard
- Fencing: Back Yard,Fenced
- Has view: Yes
- View description: None
Lot
- Size: 4,704 Square Feet
- Features: Back Yard
Details
- Parcel number: 450918379029000021
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: None
Community & HOA
Community
- Subdivision: First Sub To East Gary
HOA
- Has HOA: No
Location
- Region: Lake Station
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $76,500
- Annual tax amount: $729
- Date on market: 7/25/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Sold | $140,000-5.7%$88/sqft |
Source:  NIRA as distributed by MLS GRID #824910 Report a problem | ||
| 9/2/2025 | Pending sale | $148,500$93/sqft |
Source: NIRA as distributed by MLS GRID #824910 Report a problem | ||
| 8/26/2025 | Price change | $148,500-0.9%$93/sqft |
Source: NIRA as distributed by MLS GRID #824910 Report a problem | ||
| 7/25/2025 | Listed for sale | $149,800+19.8%$94/sqft |
Source: NIRA as distributed by MLS GRID #824910 Report a problem | ||
| 11/2/2023 | Sold | $125,000-19.3%$79/sqft |
Source: NIRA as distributed by MLS GRID #539651 Report a problem | ||
| 10/12/2023 | Listed for sale | $154,900$97/sqft |
Source: NIRA as distributed by MLS GRID #539651 Report a problem | ||
| 10/5/2023 | Contingent | $154,900$97/sqft |
Source: NIRA as distributed by MLS GRID #539651 Report a problem | ||
| 10/3/2023 | Listed for sale | $154,900$97/sqft |
Source: NIRA as distributed by MLS GRID #539651 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,410 +93.5% | $132,500 +11.9% |
| 2024 | $729 +0.2% | $118,400 +54.8% |
| 2023 | $727 +12.6% | $76,500 +6% |
| 2022 | $646 +3.8% | $72,200 +16.1% |
| 2021 | $622 -2.2% | $62,200 +2.5% |
| 2020 | $636 -4% | $60,700 +6.1% |
| 2019 | $663 -2.5% | $57,200 +4.4% |
| 2018 | $680 +49.3% | $54,800 +3.2% |
| 2017 | $455 | $53,100 -2% |
| 2016 | $455 -10.5% | $54,200 -4.2% |
| 2014 | $509 -1.5% | $56,600 +0.4% |
| 2013 | $516 -9.1% | $56,400 +4.3% |
| 2012 | $568 +13.8% | $54,100 +5.9% |
| 2011 | $500 +13% | $51,100 -0.8% |
| 2010 | $442 | $51,500 -1.3% |
| 2009 | -- | $52,200 +5% |
| 2007 | -- | $49,700 +9.2% |
| 2006 | -- | $45,500 |
| 2005 | -- | $45,500 |
| 2004 | -- | $45,500 +483.3% |
| 2003 | -- | $7,800 |
Find assessor info on the county website
Neighborhood: 46405
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Nearby schools
GreatSchools rating
- 6/10Alexander Hamilton Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Thomas A Edison Jr-Sr High SchoolGrades: 6-12Distance: 1.4 mi
- 3/10Virgil I Bailey Elementary SchoolGrades: K-5Distance: 2.1 mi
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- Indiana
- Lake County
- Lake Station
- 46405
- 2698 Gibson St
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