1040 Polk Street

Gary, IN 46402

$49,900
Price
2
Beds
1
Bath
1,560 Sq. Ft.
$32 / Sq. Ft.
1,560
Sq. Ft.
$32
per Sq. Ft.

Description

Investors / rehabbers this is a great opportunity for you to easily finish and flip this property or add it to your rental portfolio. A lot of the work has already been done. Here's what's been finished: New roof, New Windows, New Drywall, All Electrical Work, Upstairs Flooring, Toilet, Bathroom Sink is there, Bathtub, Paint, Furnace and Hot Water Heater, Basement is roughed in for a half bath and has been framed for two additional rooms. Don't miss out on this one... Rather you are just starting...Investors / rehabbers this is a great opportunity for you to easily finish and flip this property or add it to your rental portfolio. A lot of the work has already been done. Here's what's been finished: New roof, New Windows, New Drywall, All Electrical Work, Upstairs Flooring, Toilet, Bathroom Sink is there, Bathtub, Paint, Furnace and Hot Water Heater, Basement is roughed in for a half bath and has been framed for two additional rooms. Don't miss out on this one... Rather you are just starting off or are an experienced investor this is a great opportunity for a fast project. Home and garage are all brick and is said to have good bones. Make this your next project today before someone else does. This may qualify for a rehab loan through traditional financing.
  1. Listed by Frank Lopez • eXp Realty, LLC
    P: (219) 629-9299 C: (219) 629-9299 frank@franklopezgroup.com

Property Details for 1040 Polk Street

Subdivision
Gary Land Companys 11
Garage # of Cars
2

Location

Listing Courtesy of eXp Realty, LLC
Add your commute
LISTING UPDATED: 04/26/2024 09:52 AM

Property Details for 1040 Polk Street

StatusActive Under Contract
MLS #802350
Days on Market6
Taxes$630 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1927
Lot Size0.16 AC / 6,838 SF
CountyLake County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 1040 Polk Street

Stories-Year Built1927Building Size-Lot Size0.16 AC / 6,838 SF

Payment Calculator

$325 per month

30 year fixed, 7.25% Interest

Principal and Interest

$272

Property Taxes

$53

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1040 Polk Street

Summary
Location and General Information
  • Directions: Head south on Grant St, Turn right onto W 11th Ave then turn left onto Polk St and the house will be on the left
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46402
  • Latitude: 41.59
  • Longitude: -87.35
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $630.00
  • APN/Key #: 45-08-09-130-010.000-004
  • Tax Year: 2022
  • Tax Legal Description: ADD. TO GARY LAND CO'S. 11TH SUB. ALL L.18 BL.9 ALL L.19 BL.9
Parking
  • Garage Description: Detached
Property
Lot Information
  • Lot Square Footage: 6,838.92
  • Lot Dimensions: 62 X 110
  • Square Footage: 1560.0
  • Acres: .16
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1927
  • Lot Description: Back Yard, Corner Lot, Landscaped, Paved
  • Design: Ranch
  • Road Access: City Street
Utilities
  • Utilities: Electricity Connected, Natural Gas Available, Natural Gas Not Available
  • Electric: 100 Amp Service
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Construction Materials: Brick
  • Levels: One
Interior Features
  • Appliances: None
  • Basement Type: Other, Partially Finished
  • Basement: Yes
  • Total Full Baths: 1
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 1
  • Bedrooms: 2
  • Basement Sq Ft: 780.0
  • Cooling: None
  • Flooring: Vinyl
  • Heat Type: Natural Gas
  • Interior Features: Other
  • Roof: Shingle
  • Total # of Rooms: 4
Room 1
  • Room Dimensions: 9.0 x 10.0
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 9.0 x 10.0
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 12.0 x 11.0
  • Room Type: Family Room
Room 4
  • Room Dimensions: 10.0 x 11.0
  • Room Type: Kitchen

Property History for 1040 Polk Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1040 Polk Street

Taxable ValueLand$9,200Additions$11,900Total$21,100
Tax Record2022$719 ($60 / month)
Home Facts
Beds2Baths2Total Finished SqFt780 SqFtAbove Grade Finished SqFt780 SqFtStories1Lot Size6,839 SqFtStyleSingle Family ResidenceYear Built1927CountyLAKEAPN45-08-09-130-010.000-004

Schools near 1040 Polk Street

This home is within Gary Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Beveridge Elementary School
PublicK to 5

Gary Middle School
Public6 to 8

West Side Leadership Academy
Public9 to 12

Jacques Marquette Elementary School
PublicK to 6

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.