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1040 Polk Street, Gary, IN 46402
$49,900
1040 Polk Street, Gary, IN 46402View this property at 1040 Polk Street, Gary, IN 46402
1040 Polk StreetGaryIN46402
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Property 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 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.
Full Property Details
Full Property Details for 1040 Polk St
General
- Price: $49,900
- Taxes: $630 (2022)
- Status: Under Contract
- Type: Single Family
- MLS ID: 802350
- Updated: 4/26/2024
- Added to Site: 13 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Other
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: None
Parking
- Garage Spaces: 2
- Parking Features: Detached
Location
- County: Lake
- Township: Calumet
- Subdivision: Gary Land Companys 11
- Driving 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
Heating & Cooling
- Heating Type: Natural Gas
Structural Information
- Architectural Style: Ranch
- Square Feet: 1,560
- Year Built: 1927
Lot Features
- Lot Size (Acres): 0.157
- Lot Size (Sq. Ft.): 6,838.92
- Lot Dimensions: 62 x 110
- Lot Features: Back Yard, Corner Lot, Landscaped, Paved
Financial Considerations
- Tax Amount: $630
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: $1000
- Legal Description: ADD. TO GARY LAND CO'S. 11TH SUB. ALL L.18 BL.9 ALL L.19 BL.9
- Property ID: 45-08-09-130-010.000-004
Listed by eXp Realty, LLC
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Schools
Schools serving 1040 Polk St
School District:Gary Community School Corporation
Rating | Name | Grades | Distance |
---|---|---|---|
1234 Cleveland St, Gary, IN 46404 | K-5 | 0.7 mi | |
1320 E 19th Ave, Gary, IN 46407 | K-5 | 1.7 mi | |
Bethune Early Childhood Development Center
2367 E 21st Ave, Gary, IN 46407 | PK-PK | 2.4 mi | |
Dunbar-Pulaski Academic and Career Academy
920 East 19th Ave, Gary, IN 46407 | 6-8 | 1.4 mi | |
3601 W 41st Ave, Gary, IN 46408 | 6-8 | 3.8 mi | |
3300 Indiana St, Hobart, IN 46342 | 6-8 | 4.4 mi | |
Theodore Roosevelt College and Career Academy
1800 E 35th Ave, Gary, IN 46409 | 9-12 | 1.3 mi | |
Gary Career Center
1800 E 35th Ave, Gary, IN 46409 | 9-12 | 3.2 mi | |
Marting Luther King School Alternative
1800 E 35th Ave, Gary, IN 46409 | 9-12 | 3.2 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 Polk St
Date
Details
Price
Change
Source
4/18/2024
Listed
$49,900
807.27%
MLS
1/11/2022
Sold
$5,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1040 Polk St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$719
—
$21,100
53%
2022
$719
-63%
$13,800
-41%
2020
$1,965
95%
$23,200
4%
2019
$1,008
—
$22,300
-6%
2019
$1,008
-4%
$23,800
-19%
2018
$1,049
55%
$29,500
1%
2017
$676
—
$29,200
-4%
2017
$676
-3%
$30,500
-16%
2016
$696
-9%
$36,500
-10%
2015
$769
-67%
$40,400
4%
2013
$2,296
-4%
$38,900
-2%
2012
$2,399
—
$39,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1040 Polk St
1040 Polk Street, Gary, IN 46402 (MLS# 802350) is a Single Family property with 2 bedrooms and 1 full bathroom. 1040 Polk Street is currently listed for $49,900 and was received on April 18, 2024. Want to learn more about 1040 Polk 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.