1040 Wallace Street, Gary, IN 46404 - Photo 1

1/1

$65,000

Sold
Closed
Single Family
4 Beds
2 Full Baths
1 Partial Bath
2,845 Sq. Ft.
2 Car Garage

1/1

Property Description

Great Opportunity for a Homeowner or Investor- Spacious 4 bedroom, 2.5 bath house with attached garage and unfinished basement. Discover the potential of this home as it offers ample space and versatility to suit various needs. Although the house needs some TLC, it presents an excellent chance for homeowners to customize their dream home or for savvy investors to rehab it into a lucrative rental property. Recent upgrades include 2 brand new HVAC systems (march 2024), to ensure enhanced comfort and energy efficiency for years to come. ARV up to $189k

Full Property Details

Full Property Details for 1040 Wallace St

General

Sold For: $65,000
Taxes: $1,534 (2022)
Status: Closed
Type: Single Family
Source: GNIAR
MLS ID: 801094
Added to Site: 284 day(s) ago

Interior

Number of Rooms: 8
Interior Features: Other
Appliances: Other

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 4

Exterior

Exterior Features: Other

Parking

Garage Spaces: 2
Parking Features: Attached

Location

County: Lake
Township: Calumet
Subdivision: Gary Home & Imp Cos
Driving Directions: I65 N towards Chicago, to exit 259A towards 80/94, to exit 9 (Grant) turn left onto W 25th, right onto W Chase, left onto W 15th, RIght on Wallace.

School Information

High School District: Gary

Heating & Cooling

Heating Type: Other

Structural Information

Architectural Style: Contemporary
Square Feet: 2,845
Year Built: 1965

Lot Features

Lot Size (Acres): 0.215
Lot Size (Sq. Ft.): 9,365.4
Lot Dimensions: 75 x 125
Lot Features: Other

Financial Considerations

Tax Amount: $1,534
Tax Year: 2022
Terms: Conventional, Other

Disclosures and Reports

Legal Description: GARY HOME & IMP. CO'S. 1ST SUB. ALL LOTS 15, 16 & 17 BL.6
Property ID: 45-08-07-207-021.000-004

Listed by Listing Leaders
Sold by Listing Leaders

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Schools

Schools serving 1040 Wallace St

School District:Gary Community School Corporation

Name	Grades	Distance
Beveridge Elementary School 1234 Cleveland St, Gary, IN 46404	K-5	1.1 mi
Grissom Elementary School, Gary, IN 7201 West 25th Ave, Gary, IN 46406	PK-5	2.7 mi
Longfellow Elementary School, Gary, IN 4500 Calhoun St, Gary, IN 46408	K-5	4.2 mi
Dunbar-Pulaski Academic and Career Academy 920 East 19th Ave, Gary, IN 46407	6-8	3 mi
Charles N. Scott Middle School 3635 173rd St, Hammond, IN 46323	7-8	3.1 mi
Lake Ridge Middle School 3601 W 41st Ave, Gary, IN 46408	6-8	3.4 mi
West Side Leadership Academy 900 Gerry St, Gary, IN 46406	9-12	1.3 mi
Theodore Roosevelt College and Career Academy 1800 E 35th Ave, Gary, IN 46409	9-12	2.3 mi
Calumet High School 3900 Calhoun St, Gary, IN 46408	9-12	3.4 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1040 Wallace St

Date

Details

Price

Change

Source

4/18/2024

Sold

$65,000

-18.75%

MLS

3/21/2024

Listed

$80,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
1,976
Sq. Ft.

Listed by Realest.com

2023 Vermillion St, Lake Station, IN 46405 - Photo 1

Just Listed

$224,999

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Single Family
Active
Updated 4 hours ago

3
Beds
2
Total Baths
1,406
Sq. Ft.

Listed by Realty Executives Premier

2530 Parke St, Lake Station, IN 46405 - Photo 1

Just Listed

$120,000

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Single Family
Active
Updated 2 days ago

2
Beds
1
Total Bath
913
Sq. Ft.

Listed by Century 21 Circle

4533 Willow Dr, Lake Station, IN 46405 - Photo 1

Just Listed

$149,900

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Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath
1,322
Sq. Ft.

Listed by Listing Leaders

2922 E 35th Ave, Lake Station, IN 46405 - Photo 1

Price Reduced

-$3,900 (-2.52%)

$151,000

2922 E 35th Ave Lake Station, IN 46405

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,232
Sq. Ft.

Listed by Favela Real Estate, LLC

2251 Vigo St, Lake Station, IN 46405 - Photo 1

Price Reduced

-$5,000 (-2.5%)

$195,000

2251 Vigo St Lake Station, IN 46405

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
900
Sq. Ft.

Listed by Keller Williams Preferred Real

2904 Cambridge Way, Highland, IN 46322 - Photo 1

Price Reduced

-$5,000 (-2.22%)

$220,000

2904 Cambridge Way Highland, IN 46322

Single Family
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,211
Sq. Ft.

Listed by Listing Leaders

340 N Oakwood Dr, Griffith, IN 46319 - Photo 1

Price Reduced

-$14,000 (-5.98%)

$220,000

340 N Oakwood Dr Griffith, IN 46319

Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath
912
Sq. Ft.

Listed by Trueblood Real Estate, LLC

1040 Whitcomb St, Gary, IN 46404 - Photo 1

Sold

$70,000

1040 Whitcomb St Gary, IN 46404

Single Family
Closed
Updated 9 days ago

3
Beds
1
Total Bath
1,632
Sq. Ft.

Listed by The Jaeger Group, LLC
Sold by Ellsbury Commercial Group LLC

4060 W 21st Ave, Gary, IN 46404 - Photo 1

Sold

$62,000

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Single Family
Closed

3
Beds
1
Total Bath
925
Sq. Ft.

Listed by Mary Cossey
Sold by @properties/Christie's Intl RE

Sold

$63,000

342 Taney St Gary, IN 46404

Single Family
Closed

2
Beds
2
Total Baths
1,480
Sq. Ft.

Listed by Harris Realty & Investments
Sold by Ellsbury Commercial Group LLC

Sold

$63,500

758 Durbin St Gary, IN 46406

Single Family
Closed

3
Beds
1
Total Bath
1,154
Sq. Ft.

Listed by Avid Real Estate LLC
Sold by Ellsbury Commercial Group LLC

1040 Wallace Street, Gary, IN 46404 (MLS# 801094) is a Single Family property that was sold at $65,000 on April 18, 2024. Want to learn more about 1040 Wallace Street? Do you have questions about finding other Single Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

1040 Wallace St Gary, IN 46404