Closed
Last Sold Price
$8,000
2 beds

328 W Ridge Rd, Gary, IN 46408

Description

Lots of opportunity! This unique property has a structure that is currently set up as 2 - 1 bedroom units with a full basement. There is also a secondary 2-story structure at the back of the property. Zoning map shows zoning is B2 - General Retail. Easy access to expressway and close to IUN. Schedule your showing today! There may be risk in entering home. All persons entering the property, voluntarily and willingly assume risks associated with inspection of the property and acknowledge that seller...Lots of opportunity! This unique property has a structure that is currently set up as 2 - 1 bedroom units with a full basement. There is also a secondary 2-story structure at the back of the property. Zoning map shows zoning is B2 - General Retail. Easy access to expressway and close to IUN. Schedule your showing today! There may be risk in entering home. All persons entering the property, voluntarily and willingly assume risks associated with inspection of the property and acknowledge that seller and their broker shall not bear any responsibility , financial or otherwise, for any loss, damages, injury or inconvenience sustained by persons entering the property, related or in conjunction with the inspection of the property or arising out of the condition of the property.
Multi FamilyProperty Type
0.09 acresLot Size
1923Year Built
  • Listed by: Nancy Del Prado 219.781.0172 nancy@Avid.RealEstate • Avid Real Estate LLC
Listing closed: 10/21/2024 12:00 AM
Source: Northwest Indiana REALTORS® Association as distributed by MLS GRID, MLS#: NRA804575
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Recent comparable sales

Median sold price

$70,000

Avg days on market

22

Sale-to-list ratio

88.1%

Gary, IN

9 comparable properties found

$10,000 | 2472 Polk Street, Gary, IN 46407
1/3
1

$10,000

Sold 05/06/25

2
Bedrooms
770
Square Feet
0.07
Acres
2

$7,500

Sold 07/14/25

2
Bedrooms
1
Bathrooms
919
Square Feet
0.14
Acres
$55,000 | 3860 Massachusetts Street, Gary, IN 46409
1/19
3

$55,000

Sold 01/17/25

2
Bedrooms
2,340
Square Feet
0.14
Acres
4

$160,000

Sold 10/21/25

2
Bedrooms
2
Bathrooms
1,920
Square Feet
0.11
Acres
a view of backyard with a garden and entertaining space
1/19
5

$139,000

Sold 09/02/25

2
Bedrooms
956
Square Feet
0.08
Acres
6

$7,000

Sold 05/15/25

2
Bedrooms
1
Bathrooms
1,440
Square Feet
0.07
Acres
7

$70,000

Sold 05/16/25

2
Bedrooms
2
Bathrooms
2,196
Square Feet
0.14
Acres
8

$225,000

Sold 05/22/25

2
Bedrooms
2
Bathrooms
2,080
Square Feet
0.14
Acres
a front view of a house with a yard
1/24
9

$123,000

Sold 12/04/24

2
Bedrooms
1,736
Square Feet
0.11
Acres

Location

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Property Taxes

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Property information

328 West Ridge Road

Property Details

  • Taxes: $1,323 / year
  • MLS Type: Residential Income / Apartment
  • County: Lake County
  • Subdivision: Jackson Park South Broadway Add
  • OriginalListPrice: $25,000.00
  • NRA_ExemptionYN: No
  • NRA_AuctionYN: No
  • TaxAssessedValue: $15,000.00
  • NRA_EarnestMoneyDeposit: $1,000.00

Building Information

  • Building/Complex: 328 W Ridge Rd
  • Residences: 2
  • Year Built: 1923

Summary

Location and General Information

  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46408
  • Latitude: 41.55
  • Longitude: -87.34
  • County: Lake

Taxes and HOA

  • Annual Tax Amount: $1,323.00
  • APN/Key #: 45-08-28-226-028.000-004
  • Tax Year: 2023
  • Tax Legal Description: JACKSON PK. SO. BROADWAY ADD. ALL L.45 BL.2 E. 7 FT. L.46 BL.2

Parking

  • Garage Description: On Street

Property

Lot Information

  • Lot Square Footage: 4,007.52
  • Acres: .09
  • LotSizeSource: Assessor
  • AboveGradeFinishedArea: 1426.0

Property and Assessments

  • Property Type: Residential Income
  • Property Subtype 1: Apartment
  • Year Built: 1923
  • Lot Description: Other
  • NewConstructionYN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • WaterSource: Public

Interior and Exterior Features

Exterior Features

  • Exterior Features: None
  • Out Buildings: See Remarks
  • Levels: Two
  • PropertyCondition: Fixer

Interior Features

  • Appliances: None
  • Basement Type: Other
  • Basement: Yes
  • Total Full Baths: 2
  • Bedrooms: 2
  • Basement Sq Ft: 0.0
  • Cooling: None
  • Flooring: Other
  • Heat Type: None
  • Interior Features: See Remarks

Multi Family

Multi-Family Information

  • # of Units: 2

Rental

Rental Information

  • OwnerPays: None

Property History

328 West Ridge Road

DateEventPrice
Oct 21, 2024

Sold

Northwest Indiana REALTORS® Association #804575

$8,000
Oct 7, 2024

Pending

Northwest Indiana REALTORS® Association #804575

—
Oct 7, 2024

In Contract

Northwest Indiana REALTORS® Association #804575

—
DateEventPrice
10/21/2024

Sold

Northwest Indiana REALTORS® Association #804575

$8,000
10/07/2024

Pending

Northwest Indiana REALTORS® Association #804575

—
10/07/2024

In Contract

Northwest Indiana REALTORS® Association #804575

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

328 West Ridge Road

Beds

2

Baths

2.5

Total Finished SqFt

880 SqFt

Above Grade Finished SqFt

880 SqFt

Stories

1

Lot Size

4,008 SqFt

Schools

Near 328 West Ridge Road

This home is within Gary Community School Corp.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 328 West Ridge Road, Gary, IN 46408
$8,000
2
–
4,007
–
–
–
1,250
3,136
–
–
1
2,168
5,489
–
–
–
4,708
7,187
–
–
–
2,861
3,180
–
–
–
3,040
12,502

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Avid Real Estate LLC

Based on information submitted to the MLS GRID as of 10/21/2024 01:50 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.