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$115,000
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Property Description
INSTANT CASH FLOW! Long term tenant in a lease till January 2027 that pays 1300 a month in rent. Recently painted and new landscaping. 3 bed 1 bath with a large living room space and bonus space. Bring your ideas and updates and make some monthly cash flow.
Full Property Details
Full Property Details for 1248 Montana St
General
- Price: $115,000
- Taxes: $623 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 825292
- Updated: 1/8/2026
- Added to Site: 168 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Country Kitchen
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Lighting
Parking
- Parking Features: Off Street
Location
- County: Lake
- Township: Calumet
- Subdivision: NA
- Driving Directions: 12/20 TO CLAY STREET. PROCEED ON 10TH AVENUE TO MONTANA STREET. TURN LEFT ON MONTANA STREET TO 124
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 1,356
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306.8
- Lot Features: Front Yard
Financial Considerations
- Tax Amount: $623
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: AETNA SECURETIES CO'S 1ST ADD S. 20FT & LOT 12 BLOCK 13.
- Property ID: 955 E 114th
Listed by Listing Leaders
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Schools
Schools serving 1248 Montana St
School District:Gary Community School Corporation
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1248 Montana St
Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$115,000
-4.17%
MLS
10/10/2025
Price Reduced
$120,000
-4%
MLS
8/01/2025
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1248 Montana St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,198
-68%
$44,800
5%
2023
$3,747
457%
$42,500
4%
2022
$673
12%
$40,800
5%
2020
$603
44%
$38,900
5%
2019
$419
—
$37,000
2%
2019
$419
-4%
$36,200
—
2018
$436
-2%
$36,200
-1%
2017
$444
—
$36,700
-4%
2017
$444
-3%
$38,100
-3%
2016
$456
13%
$39,100
-14%
2015
$405
-22%
$45,600
4%
2013
$520
-1%
$44,000
1%
2012
$527
—
$43,500
—
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 1248 Montana St
1248 Montana Street, Gary, IN 46403 (MLS# 825292) is a Single Family property with 3 bedrooms and 1 full bathroom. 1248 Montana Street is currently listed for $115,000 and was received on August 01, 2025. Want to learn more about 1248 Montana 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.

