Movoto Real Estate
Sold on 02/26/2024
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101 W Ridge Rd, Gary, IN 46408

$30,000

Last sold 02/26/2024 for $30K

  • 11

    bed

  • 5

    bath

  • 7,500

    Sqft ($4/Sqft)

Multi-family not for sale

About 101 W Ridge Rd

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 2.31 Acre
Movoto estimate
Parking 2 garage spaces
Property description
Great investment opportunity- five (5) apartments plus a storefront with garage and off street parking.
Listed by
Listing Agent - Shirley Scott
Listing Office - Scott & Murray Realty Services
Source: NIRA mls logo
MLS#354193 • last updated 2 years ago
Movoto checked NIRA for data 19 minutes ago
Overview
Heating Forced Air, Natural Gas
Type Residential Income
SqFt 7500
Status Closed
MLS # 354193
Lot Size (Acres) 2.31
Lot Size (SqFt) 100624
Year Built 1925
Interior
Total # of Bathrooms 5
# of Full Baths 6
# Bedrooms 11
Total # of Rooms 16
Interior Features Elevator
Appliances Range, Refrigerator
Exterior
Parking Desc Attached, Off Street
# Garage Spaces 2
Exterior Features Balcony
Lot Dimensions 60 X 125
Amenities / Utilities
Utilities Cable Available, Sewer Available
Water Source Public
Location
County Lake
Subdivision Glen Park
High School District Gary
Directions TAKE BROADWAY TO RIDGE ROAD (38TH AVE) TURN WEST ONE (1) BLOCK (WASHINGTON) TO PROPERTY (ON CORNER)
APN 450828232006000000
Multifamily Details
Gross Scheduled Income 40800
Total Rent 34800
Net Operating Income 40800
Gross Income 6000
Lot/ Land Details
Road Surface Asphalt
$30K
Range: $27K-$33K
Last 30 days 
  • Feb 2024
    mls logo MLS # 354193
  • Feb 26, 2024 Sold
    $30,000 (-84.0%)
  • Jul 10, 2014 Listed
    $57,900
  • Apr 2022
    mls logo MLS # 510049
  • Apr 5, 2022 Listed
    $187,000 (+223.0%)
  • Year Property taxes Tax assessment
  • 2024
    $7,507 -52.0%
    $174,200 -1.8%
  • 2023
    $15,641 +259.0%
    $177,400
  • 2022
    $4,356 -59.4%
    $177,400 +45.05%
  • 2021
    $10,734 +7.0%
    $122,300 +7.47%
  • 2020
    $10,027 +149.8%
    $113,800
  • 2019
    $4,014
    $113,800
  • 101 W Ridge Rd
    $30K
  • Glen Park
    $135K +3% y/y
  • 46408
    $149K 0% y/y
  • Gary
    $125K -7% y/y
No chart available
Statistics calculated by Movoto

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2/10
Glen Park Academy For Excel In Lrn
public Grades K-5
Gary Community School Corp
3/10
Bailly Preparatory Academy
public Grades 6-8
Gary Community School Corp
1/10
West Side Leadership Academy
public Grades 9-12
Gary Community School Corp
Source: GreatSchools.org © 2026. All rights reserved.

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