NOT LISTED FOR SALE

1205 N Wells St Gary, IN 46403

Miller Neighborhood

Estimated Value: $164,949 - $181,000

1 Bed
1 Bath
1,440 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $135,000 $94 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,137/month

13 Days on Market

Highlights

  • No HOA
  • Cottage
  • 1-minute walk to Wells Street Beach

About This Home

As of August 2023

HALF BLOCK TO LAKE MICHIGAN BEACH! This 1937 beach cottage is ready for rehab. It has been raised with an engineered steel structure allowing for high ceilings in the basement - perfect for finishing into additional living space. This is a rare opportunity to own a home close to the beach and national park. Schedule your showing today.

Last Listed By

Nancy Del Prado

Avid Real Estate LLC Brokerage Phone: 219-781-0172 License #RB14046373 Listed on: 08/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1937

Lot Details

  • 3,136 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • 1,440 Sq Ft Home
  • Cottage

Utilities

  • No Cooling
  • No Heating
  • No Utilities

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 450533230008000004

Community Details

Overview

  • No Home Owners Association
  • Lake Shore Add Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Co List Office Mls Id: GNR203
  • Co List Office Mls Id: GNR203
  • Subdivision Name: Lake Shore Add
  • Architectural Style: Cottage
  • GNR_Exterior: Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: None
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 0
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-781-0172
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: None
  • Basement: Enclosed
  • Basement YN: Yes

Exterior Features

  • Exterior Features: None
  • Acres: 0.072

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Off
  • Cooling Y N: No
  • Heating: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 25x125
  • Lot Size Sq Ft: 3136
  • Parcel #: 450533230008000004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 725

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Aug 30, 2023
Sold by
Mermaid Tales Llc
Bought by
Kaplan William and Kaplan Jamie
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Tim Petrites
McColly Real Estate
List Price
$135,000
Sold Price
$135,000
Total Days on Market
13
Views
1
Current Estimated Value
$172,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,737
Avg. Annual Appreciation
18.17%

Purchase Details

Closed on
Jul 12, 2022
Sold by
Indiana Land Trust
Bought by
Mermaid Tales Llc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaplan William $135,000 Meridian Title
Mermaid Tales Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $135,000 0.0% $94 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $135,000 -- $94 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,896 $126,000 $86,300 $39,700
2023 $666 $100,900 $73,500 $27,400
2022 $666 $59,700 $30,200 $29,500
2021 $632 $56,800 $29,800 $27,000
2020 $622 $55,900 $29,800 $26,100
2019 $587 $53,000 $28,700 $24,300
2018 $567 $45,700 $24,700 $21,000
2017 $523 $44,300 $23,200 $21,100
2016 $520 $44,300 $23,200 $21,100
2014 $311 $33,200 $22,100 $11,100
2013 $279 $45,000 $22,100 $22,900
Source: Public Records

Agents Affiliated with this Home

  • Nancy Del Prado

    Seller's Agent in 2023

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    103 in this area

    396 Total Sales

    Nancy Del Prado
    Section Image
  • Gene Ayers

    Seller Co-Listing Agent in 2023

    Gene Ayers

    Ayers REALTORS(r)

    (219) 902-9039

    124 in this area

    140 Total Sales

    Gene Ayers
    Section Image
  • Tim Petrites

    Buyer's Agent in 2023

    Tim Petrites

    McColly Real Estate

    (219) 689-7800

    10 in this area

    34 Total Sales

    Section Image
See All Agents

Map

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Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR534705

Northwest Indiana Association of REALTORS®

APN: 45-05-33-230-008.000-004

Indiana Lake County Gary 46403 Miller

1205 N Wells St, Gary, IN

Homes for Sale in Gary, IN

This home is located at 1205 N Wells St, Gary, IN 46403 since 05 August 2023 and is currently estimated at $172,737, approximately $119 per square foot. This property was built in 1937. 1205 N Wells St is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, and West Side Leadership Academy.

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Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.