1025 Wallace Street Gary, IN ^$ 194,149

1025 Wallace Street

^$ 194,149

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1025 Wallace Street

Gary, IN, 46404

^$ 194,149

Bedrooms4 Baths2.1 Sq 2,475

Monthly Estimate*

^$ 1,211

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Single Family Home for sale in Gary, IN

for $194,149 with 4 bedrooms and 2 full baths, 1 half bath. This 2,475 square foot home was built in 1944 on a lot size of 0.143.

REMODELED BRICK CAPE COD! This home has been completely updated. You will notice the LED lights throughout, The main floor has a full bath with tiled shower, bedroom, livingroom and brand new kitchen with quartz countertops, tile backsplash, and stainless steel appliances. Upstairs has a private primary bedroom with walk-in closet and half bath. The basement is finished with 2 bedrooms, full bath and laundry area complete with sump system with battery back up. Schedule your showing today!

Single Family Active

Price

^$ 194,149

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 787

Style

Single Family Residence

Lot Size

0.143

Year Built

1944

Town/City

Gary

County/Region

Lake

MLS | Web ID

821222

Features

Interior

Interior Amenities Eat-in Kitchen

Fireplace Y/N N

Above Grade Finished Area 1650

Half Baths 1

3/4 Baths 0

Laundry Features Gas Dryer Hookup Washer Hookup Laundry Room

Total Bedrooms 4

Room Type Bedroom 2 Primary Bedroom Living Room Laundry Kitchen Bedroom 4 Bedroom 3

Total Baths 3

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected

Appliances Gas Range Range Hood Refrigerator Microwave

Year Built 1944

Electric 200+ Amp Service

View Neighborhood

Township Calumet

Levels One and One Half

Property Subtype Single Family Residence

Tax Year 2023

County Lake

New Construction N

Property Type Residential

HOA N

Subdivision Name Gary Ind Home & Improv C

Garage Y/N N

Total Rooms 7

Full Baths 2

Status Active

Directions From 5th Ave head South on Chase St. West on 11th Ave North on Wallace St to home on East side of street

City Gary

Lot Size Square Feet 6229

Listing Terms Cash VA Loan FHA Conventional

Property Attached Y/N N

Tax Annual Amount 787

Standard Status Active

Tax Assessed Value 31200

Legal Description GARY HOME & IMP. CO'S 1ST SUB. ALL L.45 BL.7 ALL L.46 BL.7

Exterior

Exterior Amenities Other

Parking Features On Street

Lot Features Rectangular Lot

Water Source Public

Lot Size Acres 0.143

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Nancy Del Prado

Listing Agent

Avid Real Estate Llc

Broker

nancy@Avid.RealEstate

Affordability Calculator

$1,277

Per Month

Monthly Principal & Interest: $1,211
Monthly Property Taxes: $66
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Gary, IN

Average List Price ^$167,551

Percent of Sale Price 14%

About Gary, IN

71,243 Population

-31% Since 2002

^$29,286 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$194,149	-2.51%	Price Down
10/14/2025	$199,149	-0.13%	Price Down
8/11/2025	$199,399	-0.05%	Price Down
8/7/2025	$199,499	-0.05%	Price Down
8/4/2025	$199,599	-0.05%	Price Down
8/1/2025	$199,699	-0.05%	Price Down
7/29/2025	$199,799	-0.05%	Price Down
6/1/2025	$199,899	0.00%	Price Down
5/22/2025	$199,900		Listed Price

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1025 Wallace Street, Gary, IN, 46404 is a Single Family Home for sale at $194,149 with 2,475 sqft and a lot size of 0.143. 1025 Wallace Street has 4 bedrooms, 2.1 baths, and was built in 1944. The property's zip code is 46404 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/9/2025.

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1025 Wallace Street

Single Family Home for sale in Gary, IN

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