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$144,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,326 Sq. Ft.
  • 2 Car Garage
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Discover your dream home in this beautifully remodeled brick ranch! This charming residence boasts two spacious bedrooms and a stylish bath, plus an enclosed front porch, perfect for relaxation. Kitchen has all stainless steel appliances including fridge, microwave, oven and dishwasher. The finished basement offers endless possibilities - a cozy den, home office, or playroom. Enjoy a two-car garage for vehicles and storage. The open layout and modern finishes create an inviting atmosphere, perfect for entertaining.

Full Property Details for 1125 Wallace St

General

  • Price: $144,000
  • Taxes: $490 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: GNIAR
  • MLS ID: 834958
  • Updated: 3/11/2026
  • Added to Site: 28 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Open Floorplan, Recessed Lighting
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, ENERGY STAR Qualified Appliances

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Exterior Features: Private Yard

Parking

  • Garage Spaces: 2
  • Parking Features: Other

Location

  • County: Lake
  • Township: Calumet
  • Subdivision: Gary Heights
  • Driving Directions: North I-65 EXIT 261 15TH AVE, LEFT ON MLK DR, RIGHT CENTRAL, LEFT ON WALLACE

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Square Feet: 1,326
  • Year Built: 1927

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920.4
  • Lot Features: Front Yard

Financial Considerations

  • Tax Amount: $490
  • Tax Year: 2024
  • Terms: Cash, VA Loan, FHA, Conventional

Disclosures and Reports

  • Legal Description: GARY HEIGHTS L.37 BL.9
  • Property ID: 450807253010000004

Listed by Listing Leaders

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— 1125 Wallace St —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1125 Wallace St

School District:Gary Community School Corporation
NameGradesDistance
Frankie W Mccullough Academy For Girl
1110 West 21st Avenue, Gary, IN 46407
K-51.8 mi
Mary M Bethune Early Child Development Center
2367 East 21st Avenue, Gary, IN 46407
PK-4 mi
Bailly Preparatory Academy
4621 Georgia Street, Gary, IN 46409
6-84.9 mi
West Side Leadership Academy
9th & Gerry St, Gary, IN 46406
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1125 Wallace St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Listed
$144,000
476%
MLS
4/01/2025
Sold
$25,000
—
Public Record
Get Price Alerts and Save Property
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 for 1125 Wallace St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$126
-97%
$49,300
7%
2023
$4,056
100%
$46,000
6%
2022
100%
$43,300
9%
2020
100%
$39,900
—
2019
-100%
$39,900
-3%
2019
$60
—
$41,100
—
2018
$60
—
$41,100
-3%
2017
$60
—
$42,200
-4%
2016
$60
—
$44,000
-3%
2016
$60
-91%
$45,200
5%
2013
$658
-4%
$42,900
-1%
2012
$684
—
$43,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1125 Wallace Street, Gary, IN 46404 (MLS# 834958) is a Single Family property with 2 bedrooms and 1 full bathroom. 1125 Wallace Street is currently listed for $144,000 and was received on March 05, 2026. Want to learn more about 1125 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.

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