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940 Grant Street

940 Grant Street, Gary, IN 46404
Commercial in Tolleston
940 Grant Street has been categorized by the local assessors in Gary, IN as a commercial type of property. The building on the property was first built in 1998 and is 26 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 90,169 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 4,500 sqft. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of concrete block. Finally, the property is currently sourcing its water from a municipal system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $5,546 in taxes each year. 940 Grant Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $142,600. If we break it down further, the land itself was valued at $67,300. Improvements to the property, however, were assessed at a total of $75,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Fenced Parking
Garage Parking
Paved Parking
Parking Available
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190319
03/19/2019
Studio
-
4500 ft²
$499,500
bedrooms
Studio
bathrooms
-
square feet
4500 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 4,500
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 90,169
  • Total Building Area: 4,500
  • Gross Building Area: 4,500
  • Building Area: 4,500
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Land Acres: 2.07
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: PT. OF NE.1/4 NE.1/4 S.8 T.36 R.8 LYNG S. OF MICH. CENT. RR & NE. OF P.FT.W. & C RR 2.07AC

Ownership

  • Current Owner : NOVAK PAVEL
  • Previous Owner : THE METHODIST HOSPITAL OF GARY INC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 11, 2023

Neighborhood

  • School District Name: Gary Community School Corporation
  • Census Tract: 010900

Geography

  • Assessors Map Reference: MP 809-A
  • District: 0001
  • Section: 8
  • Parcel: 45-08-08-236-004.000-004
  • Lot: 1
  • Meridian: SEC 8 TWN 36N RNG 8W
  • Municipality: CALUMET TOWNSHIP
  • Latitude: 41.5934
  • Longitude: -87.3569

    Address

  • Full Address: 940 Grant St
  • Address - House Number: 940
  • Address - Street Name: Grant
  • Address - Suffix Type: St
  • State: IN
  • City Name: Gary
  • Carrier Code: C038
  • 4-Digit Zip Code: 1544
  • Zip Code: 46404

Valuation

    Tax

  • Total Area: 4,500
  • Tax Year: 2022
  • Tax Amount: $5,546
  • Tax Rate Code Area: 1

    Market Valuation

  • Market Total Value: $142,600
  • Market Land Value: $67,300
  • Market Improvement Value: $75,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,600
  • Assessed Land Value: $67,300
  • Assessed Improvements Value: $75,300

    Sales

  • Current Sale Contract Date: Jun 12, 2007
  • Current Sale Recording Date: Jun 19, 2007
  • Current Sale Transaction ID: 1101532775
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 2007 049642

About Tolleston



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 940 Grant Street located in?
The 940 Grant Street is a commercial located in the neighborhood of Tolleston in Tolleston, Gary.
What is the average sales price for listings in 940 Grant Street?
The average sales price for units in 940 Grant Street is $0 currently.

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