Date
Details
Price
Change
Source
3/02/2026
Listed
$60,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$60,000 Just Listed
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Property Description
Fantastic investment opportunity or Ideal for buyers looking to offset their mortgage with rental income. This 3-unit property offers excellent income potential for the savvy buyer. With a little TLC and elbow grease, this multi-unit can become a strong cash-flowing asset or owner-occupied income property. Spacious layout with solid bones and plenty of upside. Bring your vision and unlock the possibilities!
Full Property Details
Full Property Details for 1295 W 16th Ave
General
- Price: $60,000
- Taxes: $870 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 834749
- Updated: 3/3/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Spaces: 1
- Parking Features: Alley Access, Off Street, Detached
Location
- County: Lake
- Township: Calumet
- Subdivision: Logan Park Add 02
- Driving Directions: From Interstate 65 (northbound or southbound) Take Exit for 15th Avenue (Exit 261) in Gary. Follow 15th Avenue west into the west side of Gary. Turn right (north) on Broadway (SR 53) or Massachusetts Street. Left (west) on W 16th.
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: None
Structural Information
- Year Built: 1918
Lot Features
- Lot Size (Acres): 0.1263
- Lot Size (Sq. Ft.): 5,500
- Lot Features: Back Yard, Few Trees
Financial Considerations
- Tax Amount: $870
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 2ND LOGAN PARK ADD. L.1 BL.4 L.2 BL.4
- Property ID: 450809302022000004
Listed by Listing Leaders MVPs
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— 1295 W 16th Ave —
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NMLS#: 1598647
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Schools
Schools serving 1295 W 16th Ave
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Beveridge Elementary School 1234 Cleveland Street, Gary, IN 46404 | K-5 | 0.5 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 2.4 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 5.8 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 2.9 mi |
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 1295 W 16th Ave
Tax History
Tax History for 1295 W 16th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,848
96%
$9,700
-9%
2023
$943
-93%
$10,700
91%
2022
$12,827
2647%
$5,600
4%
2020
$467
-55%
$5,400
2%
2019
$1,034
—
$5,300
-4%
2019
$1,034
-14%
$5,500
-73%
2018
$1,200
155%
$20,100
-1%
2017
$471
—
$20,400
-4%
2017
$471
-2%
$21,200
-41%
2016
$482
-36%
$35,700
-10%
2015
$752
—
$39,800
—
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 1295 W 16th Ave
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- Single Family
- Closed
- Updated 1 day ago
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Sold by @properties/Christie's Intl RE
Sold by @properties/Christie's Intl RE
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- Closed
- 2Beds
- 1Total Bath
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Listed and Sold by @properties/Christie's Intl RE
1295 W 16th Avenue, Gary, IN 46407 (MLS# 834749) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 1295 W 16th Avenue is currently listed for $60,000 and was received on March 02, 2026. Want to learn more about 1295 W 16th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.