1125 Wallace Street Gary, IN ^$ 144,000

1125 Wallace Street

^$ 144,000

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Recently Listed

1125 Wallace Street

Gary, IN, 46404

^$ 144,000

Bedrooms2 Baths1.0 Sq 1,326

Monthly Estimate*

^$ 887

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Single Family Home for sale in Gary, IN

for $144,000 with 2 bedrooms and 1 full bath. This 1,326 square foot home was built in 1927 on a lot size of 0.09.

Discover your dream home in this beautifully remodeled brick ranch! This charming residence boasts two spacious bedrooms and a stylish bath, plus an enclosed front porch, perfect for relaxation. Kitchen has all stainless steel appliances including fridge, microwave, oven and dishwasher. The finished basement offers endless possibilities - a cozy den, home office, or playroom. Enjoy a two-car garage for vehicles and storage. The open layout and modern finishes create an inviting atmosphere, perfect for entertaining.

Single Family Active

Price

^$ 144,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 490

Style

Single Family Residence

Lot Size

0.09

Year Built

1927

Town/City

Gary

County/Region

Lake

MLS | Web ID

834958

Features

Interior

Interior Amenities Open Floorplan Recessed Lighting

Fireplace Y/N N

Above Grade Finished Area 814

Half Baths 0

3/4 Baths 0

Total Bedrooms 2

Room Type Bedroom 2 Other Room Primary Bedroom Living Room Kitchen Dining Room

Total Baths 1

General

Sewer Public Sewer

Heating Forced Air

Utilities Electricity Connected Water Connected Natural Gas Connected

Appliances Dishwasher Stainless Steel Appliance(s) Refrigerator Microwave Gas Range ENERGY STAR Qualified Appliances

Garage Spaces 2

Patio/Porch Features Enclosed Front Porch

Year Built 1927

View Neighborhood

Township Calumet

Levels One

Property Subtype Single Family Residence

Tax Year 2024

County Lake

New Construction N

Property Type Residential

HOA N

Subdivision Name Gary Heights

Garage Y/N Y

Total Rooms 7

Full Baths 1

Status Active

Directions North I-65 EXIT 261 15TH AVE LEFT ON MLK DR RIGHT CENTRAL LEFT ON WALLACE

City Gary

Lot Size Square Feet 3920.4

Listing Terms Cash VA Loan FHA Conventional

Property Attached Y/N N

Tax Annual Amount 490

Standard Status Active

Tax Assessed Value 49300

Legal Description GARY HEIGHTS L.37 BL.9

Exterior

Exterior Amenities Private Yard

Parking Features Other

Lot Features Front Yard

Water Source Public

Lot Size Acres 0.09

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Simon Ristevski

Listing Agent

Listing Leaders

Broker

simonristevski1@gmail.com

Affordability Calculator

$927

Per Month

Monthly Principal & Interest: $887
Monthly Property Taxes: $41
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$138,549

Percent of Sale Price 4%

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
3/5/2026	$144,000		Listed Price

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1125 Wallace Street, Gary, IN, 46404 is a Single Family Home for sale at $144,000 with 1,326 sqft and a lot size of 0.09. 1125 Wallace Street has 2 bedrooms, 1.0 baths, and was built in 1927. 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 6.25% 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 3/6/2026.

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1125 Wallace Street

Single Family Home for sale in Gary, IN

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