Closed

$120,000

3125 W Ridge Rd, Gary, IN 46408

3beds

1,698sqft

Single Family Residence

Built in 1946

0.68 Acres Lot

$162,400 Zestimate^®

$71/sqft

$1,642 Estimated rent

Home value

$162,400

$138,000 - $188,000

$1,642/mo

Zestimate^® history

Owner options

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$1,642/mo

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$1,642/mo

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$605/mo

Est. payment

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$605/mo

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What's special

Here is your chance to own a house on The Ridge!! This is actually 2 houses for the price of one. 3 bed 1 bath 1,698sqft Main House, with an approximate 1,100 sqft secondary building that once housed a Vet's office. The 2nd building has interior walls in place, and can be easily updated to a SF Home, or gutted and turned into an oversized garage - workshop.The possibilties are limited to your imagination. Live in one, and rent the other. Related living. At Home Business. Over sized garage. It sits on a GREAT .68 acre lot. Turn this into your own little piece of Paridice!!This an As-Is Short Sale, so the Seller will not be making any repairs. It's priced right, so you don't want to wait!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Bedroom 2, Primary Bedroom, Other Room, Kitchen, Living Room, Laundry, Dining Room, Bonus Room, Bedroom 3

Primary bedroom

Area: 160
Dimensions: 16.0 x 10.0

Bedroom 2

Area: 144
Dimensions: 12.0 x 12.0

Bedroom 3

Area: 144
Dimensions: 12.0 x 12.0

Bonus room

Area: 132
Dimensions: 12.0 x 11.0

Dining room

Area: 120
Dimensions: 12.0 x 10.0

Kitchen

Area: 176
Dimensions: 22.0 x 8.0

Laundry

Area: 100
Dimensions: 10.0 x 10.0

Living room

Area: 224
Dimensions: 16.0 x 14.0

Other

Description: Foyer/entryway
Area: 40
Dimensions: 8.0 x 5.0

Heating

Forced Air, Natural Gas

Appliances

Included: None
Laundry: Gas Dryer Hookup, Washer Hookup, Main Level, Laundry Room

Features

Country Kitchen, Walk-In Closet(s), Kitchen Island, Laminate Counters, Eat-in Kitchen
Windows: Bay Window(s)
Has basement: No
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 1,698
Total interior livable area: 1,698 sqft
Finished area above ground: 1,698

Property

Parking

Total spaces: 2
Parking features: Covered, Workshop in Garage, Shared Driveway, See Remarks, Gravel, Garage Faces Rear, Garage Door Opener, Enclosed, Detached
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One and One Half
Patio & porch: Patio
Exterior features: Fire Pit, Private Yard, Garden
Pool features: None
Fencing: Back Yard,Partial,Wood,Partial Cross,Fenced
Has view: Yes
View description: Garden, Trees/Woods, Neighborhood
Frontage length: 100

Lot

Size: 0.68 Acres
Dimensions: 100 x 296
Features: Back Yard, Landscaped, Steep Slope, Sloped Down, Secluded, Private, Few Trees, Irregular Lot, Gentle Sloping, Cleared

Details

Parcel number: 450830276013.000001
Special conditions: Short Sale

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Condition

Fixer
New construction: No
Year built: 1946

Utilities & green energy

Electric: 100 Amp Service
Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Features: None
Subdivision: Lohman Oaks

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $71/sqft
Tax assessed value: $62,400
Annual tax amount: $1,256
Date on market: 7/18/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Road surface type: Asphalt, Paved

Price history

Date	Event	Price
10/30/2024	Sold	$120,000-9.8%$71/sqft
Source: NIRA as distributed by MLS GRID #807045 Report a problem
8/28/2024	Contingent	$133,000$78/sqft
Source: NIRA as distributed by MLS GRID #807045 Report a problem
7/18/2024	Listed for sale	$133,000-16.9%$78/sqft
Source: NIRA as distributed by MLS GRID #807045 Report a problem
3/19/2024	Sold	$160,000$94/sqft
Source: Public Record Report a problem
9/15/2022	Sold	$160,000+3.2%$94/sqft
Source: NIRA as distributed by MLS GRID #513682 Report a problem
7/14/2022	Contingent	$155,000$91/sqft
Source: NIRA as distributed by MLS GRID #513682 Report a problem
6/30/2022	Price change	$155,000-6.6%$91/sqft
Source: NIRA as distributed by MLS GRID #513682 Report a problem
6/25/2022	Price change	$165,900-5.2%$98/sqft
Source: NIRA as distributed by MLS GRID #513682 Report a problem
6/15/2022	Price change	$175,000-4.9%$103/sqft
Source: NIRA as distributed by MLS GRID #513682 Report a problem
6/10/2022	Listed for sale	$184,000+137.3%$108/sqft
Source: NIRA as distributed by MLS GRID #513682 Report a problem
9/28/2004	Sold	$77,550$46/sqft
Source: NIRA as distributed by MLS GRID #111882 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,066 +5.6%	$166,800 +8.8%
2024	$2,904 +131.2%	$153,300 +5.6%
2023	$1,256 +7.2%	$145,200 +132.7%
2022	$1,172	$62,400 +7.2%
2021	$1,172 +0%	$58,200
2020	$1,172 -33.3%	$58,200
2019	$1,756 -29.4%	$58,200
2018	$2,486 -8.7%	$58,200 -30%
2017	$2,723	$83,100 -8.4%
2016	$2,723 +1.6%	$90,700 -1%
2014	$2,681 +6.9%	$91,600 +2.3%
2013	$2,508 -16.5%	$89,500 +1%
2012	$3,003 +3.2%	$88,600 +3.5%
2011	$2,910 +14.3%	$85,600 +1.1%
2010	$2,545	$84,700 +12.9%
2009	--	$75,000 -9.5%
2007	--	$82,900
2006	--	$82,900
2005	--	$82,900
2004	--	$82,900 +217.6%
2003	--	$26,100
2002	--	$26,100 +200%
2001	--	$8,700