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Sold on 01/05/2026

251 Polk St, Gary, IN 46402

$72,500

Last sold 01/05/2026

  • 4

    bed

  • 2

    bath

Multi-family not for sale
Learn about Gary's top local Real Estate agents

About 251 Polk St

Property type Multi-family
Neighborhood
Year built 1924
HOA fee $0/month
Lot size 3,920 Sqft
Movoto estimate
Property description
NOW ACCEPTING SHOWINGS! Investor's Dream in Gary, Indiana! Welcome to 251 Polk Street, a solid duplex with tons of potential! Currently owner-occupied, this property already has the essentials covered -- featuring a newer roof, furnace, and water heater, so you can skip the costly repairs and focus on cosmetic updates. Each unit offers 2 spacious bedrooms and 1 full bathroom, along with an open-concept living, dining, and kitchen area that's perfect for modern living. With a little remodeling, this property could easily become a high-performing income generator or a great house hack opportunity for someone looking to live in one unit and rent the other. This is your chance to grab a property with great bones, strong rental potential, and minimal upfront investment -- don't miss out on this hidden gem in Gary!
Listed by
Listing Agent - Mia James
Listing Office - Integrity Realty Partners
Source: NIRA mls logo
MLS#830253 • last updated 9 months ago
Movoto checked NIRA for data 4 minutes ago
Overview
Heating Forced Air
Levels/Style Two
Type Residential Income
SubType Duplex
Status Closed
MLS # 830253
Lot Size (Acres) 0.09
Lot Size (SqFt) 3920.4
Property Tax 528.14
Year Built 1924
Interior
Total # of Bathrooms 2
# of Full Baths 2
# Bedrooms 4
Total # of Rooms 8
Interior Features None
Appliances Dryer, Water Softener Owned, Refrigerator, Range, Microwave
Exterior
Exterior Features Balcony
Lot Desc Private
Amenities / Utilities
Water Source Public
Pets Allowed Yes
Location
County Lake
Subdivision Neighborhood- 2527
Directions Head Toward Broadway In Gary And Turn Onto 5th Avenue, Then Continue Until You Reach Polk Street. Turn North Onto Polk Street And Follow It A Short Distance; 251 Polk Street Will Be On Your Right Near 2nd Avenue In The Midtown Area Of Gary, Indiana.
APN 450804128012000000
Multifamily Details
Owner Pays All Utilities
$71K
Range: $64.6K-$77.3K
Last 30 days 
  • Jan 2026
    Public Records
  • Jan 5, 2026 Sold
    $72,500
  • Dec 2025
    mls logo MLS # 830253
  • Dec 29, 2025 Sold
    $72,500 (-3.3%)
  • Nov 21, 2025 Pending
    —
  • Nov 17, 2025 Price Change
    $75,000 (-11.8%)
  • Nov 6, 2025 Price Change
    $84,999
  • Nov 2, 2025 Listed
    $85,000
  • Year Property taxes Tax assessment
  • 2024
    $60 -98.3%
    $62,900 +54.55%
  • 2023
    $3,588 +1667.1%
    $40,700
  • 2022
    $203 -77.1%
    $40,700 +3.04%
  • 2021
    $886 +16.8%
    $39,500 +7.92%
  • 2020
    $759 +18.2%
    $36,600 +3.68%
  • 2019
    $642 +7.2%
    $35,300 -7.83%
  • 2018
    $599 +48.1%
    $38,300 -8.15%
  • 2017
    $405 +314.6%
    $41,700 -1.18%
  • 2016
    $98
    $42,200 -4.09%
  • 2015
    $98 +14.9%
    $44,000
  • 2014
    $85
    —
  • 251 Polk St
    $72.5K
  • Downtown Gary
    $84.4K -19% y/y
  • 46402
    $79.9K -33% y/y
  • Gary
    $129K -4% y/y
No chart available
Statistics calculated by Movoto

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3/10
Beveridge Elementary School
public Grades K-5
Gary Community School Corp
3/10
Gary Middle School
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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