About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

2581 Jefferson St, Gary, IN 46407

$82,200

Last sold 10/27/2023 for $27.5K

2
bed
1
bath
1,280
Sqft ($21/Sqft)

House not for sale

About 2581 Jefferson St

Property type House

Neighborhood

Year built 1947

HOA fee $0/month

Lot size 3,006 Sqft

Movoto estimate

Property description

Ranch style home for sale! 2 bedroom, 1 bath with a basement needs minor updating. Great investment opportunity! Estimated after repair value is 70-80k and estimated rent would be $1,000-1,200 netting you a 27% Cap Rate. Call for more information.Schedule your showing today!

Listed by

Listing Agent - Jeff McCormick

Listing Office - McCormick Real Estate, Inc.

Source: NIRA

MLS#537581 • last updated 2 years ago

Movoto checked NIRA for data 20 minutes ago

Overview
Heating	Forced Air, Natural Gas
Levels/Style	One, Bungalow
Type	Residential
SubType	Single Family Residence
SqFt	1280
Status	Closed
MLS #	537581
Lot Size (Acres)	0.069
Lot Size (SqFt)	3006
Property Tax	507
Year Built	1947

Interior
Total # of Bathrooms	1
# of Full Baths	1
# Bedrooms	2
Total # of Rooms	4
Interior Features	None
Appliances	Gas Range, Refrigerator

Exterior
Parking Desc	None
Exterior Features	None
Lot Dimensions	25x121
Lot Desc	Level, Paved

Amenities / Utilities
Water Source	Public

Location
County	Lake
Subdivision	2nd Oak Park
Community Features	Sidewalks
Directions	25th To Jefferson, South On Jefferson To Property
APN	450816427016000000

Lot/ Land Details
Road Surface	Paved

$82.2K

Range: $60.9K-$103K

Last 30 days

Mar 2024
MLS # 487575
Mar 3, 2024 Sold
$16,500 (-40.0%)
May 5, 2021 Price Change
$19,900 (-16.7%)
Jan 23, 2021 Listed
$23,900
Feb 2024
MLS # 537581
Feb 26, 2024 Sold
$27,500
Oct 20, 2023 Price Change
$39,500 (-12.2%)
Sep 25, 2023 Price Change
$45,000 (-13.5%)
Sep 14, 2023 Price Change
$52,000 (-16.1%)
Sep 2, 2023 Price Change
$62,000 (-6.6%)
Aug 29, 2023 Listed
$66,400 (-5.0%)
Nov 2023
Public Records
Nov 9, 2023 Sold
$27,500 (-30.4%)
Jul 2023
MLS # 533339
Jul 17, 2023 Listed
$69,900 (+323.6%)
Jun 2021
Public Records
Jun 16, 2021 Sold
$16,500 (-17.1%)

Year Property taxes Tax assessment
2024
$725 -66.6%

$34,600 +40.65%
2023
$2,169 +111.4%

$24,600
2022
$1,026 -40.9%

$24,600 +24.24%
2021
$1,735 +11.9%

$19,800 +7.61%
2020
$1,551 +34.0%

$18,400 +4.55%
2019
$1,157 -3.4%

$17,600 -7.37%
2018
$1,198 +103.0%

$19,000 -20.17%
2017
$590 +9.8%

$23,800 -12.82%
2016
$537

$27,300 -4.21%
2015
$537 -19.1%

$28,500
2014
$665

—

2581 Jefferson St
$27.5K
Midtown
$74.9K -2% y/y
46407
$89K +12% y/y
Gary
$124K -7% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2585 Jefferson St, Gary, IN 46407	$114,700	2/1	1,496	0
2575 Jefferson St, Gary, IN 46407	$72,300	3/1	1,100	0.01
2589 Jefferson St, Gary, IN 46407	$49,100	2/1	927	0.01
2569 Jefferson St, Gary, IN 46407	$64,000	2/1	840	0.02
2576 Jefferson St, Gary, IN 46407	$145,500	3/1	1,840	0.03
2584 Jefferson St, Gary, IN 46407	$125,700	3/1	1,071	0.03
2568 Jefferson St, Gary, IN 46407	$90,900	3/3	1,800	0.03
2557 Jefferson St, Gary, IN 46407	$80,600	2/1	926	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.