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Gary 46404 Tolleston
1120 BAKER Street
$9,900
● House - Off Market

1120 BAKER Street

GARY, IN 46404
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
960 Ft²
$18,560
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

3 BEDROOM HOME IN GARY. SOLD "AS IS" PROOF OF FUNDS (IF CASH) OR LETTER FROM BANK/MTG. COMPANY REFLECTING MTG. COMMITMENT A MUST - NO EXCEPTIONS.  EARNEST MONEY = CERTIFIED FUNDS.
Unit Size
960 Ft²
Days on Market
-
Land Size
-
Price per sqft
$10
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 4
  • Garage Square Area: 960
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 25

    Dimensions

  • Lot Size Square Feet: 7,928
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARY HEIGHTS
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: GARY HEIGHTS L.12 & 13 BL.17

Neighborhood

  • School District Name: Gary Community School Corporation
  • Census Tract: 011000

Geography

  • Assessors Map Reference: MP J43-169 5
  • District: 0001
  • Parcel: 45-08-07-152-015.000-004
  • Block: 17
  • Lot: 12
  • Municipality: CALUMET TOWNSHIP
  • Latitude: 41.5909
  • Longitude: -87.3917

    Address

  • Full Address: 1120 Baker St
  • Address - House Number: 1120
  • Address - Street Name: Baker
  • Address - Suffix Type: St
  • State: IN
  • City Name: Gary
  • Carrier Code: C013
  • 4-Digit Zip Code: 1630
  • Zip Code: 46404

Valuation

    Tax

  • Total Area: 1,920
  • Tax Year: 2022
  • Tax Amount: $47,368
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 60
  • Final Value: 119,415
  • High Value: 152,635
  • Low Value: 86,196

    Market Valuation

  • Market Total Value: $114,400
  • Market Land Value: $14,100
  • Market Improvement Value: $100,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,400
  • Assessed Land Value: $14,100
  • Assessed Improvements Value: $100,300

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 515047
  • Previous Sale Recording Date: Jun 29, 2021
  • Previous Sale Contract Date: Jun 22, 2021
  • Previous Sale Amount: $35,575
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tolleston

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$36

Below Asking

0.10%

Average Days on Market

180

Average Home Size

6250 ft²

Average Home Age

60 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1125 Dallas Street, Gary, IN, 46406

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,872 ft²
1125 Dallas Street, Gary, IN, 46406 Listing by Armond Boulware

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bob O'Hara, RE/MAX Southeast
Data Source: MRED, MLS# MRD06857240
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1120 Baker Street built and last sold?
The property at 1120 Baker Street was built in 1952 and last sold on Apr 4, 2022 for $134,600.
How much is this home worth?
The estimated value of the home located at 1120 Baker Street is $156,550.
What are some comparable homes to 1120 Baker Street?
There are currently no comparable homes to 1120 Baker Street.
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