Investor Special! Full rehab opportunity on three lots! This 3-bed, 1-bath property is a complete flip--ideal for experienced investors ready to bring it back to life. With plenty of space to work with and major equity potential, this one is priced to move. Perfect for your next flip project with serious upside!
Active
Price cut: $4K (2/9)
$15,500
1123 Garfield St, Gary, IN 46404
3beds
1,296sqft
Est.:
Single Family Residence
Built in 1921
9,583.2 Square Feet Lot
$-- Zestimate®
$12/sqft
$-- HOA
What's special
Three lots
- 247 days |
- 667 |
- 41 |
Zillow last checked: 8 hours ago
Listing updated: February 09, 2026 at 11:34am
Listed by:
Brittany Wolak,
New Chapter Real Estate 219-227-8454
Source: NIRA,MLS#: 823541
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Primary Bedroom
Primary bedroom
- Area: 0
- Dimensions: 0.0 x 0.0
Heating
- None
Appliances
- Included: None
Features
- None
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 1,296
- Total interior livable area: 1,296 sqft
- Finished area above ground: 1,296
Property
Parking
- Parking features: None
Features
- Levels: Two
- Exterior features: None
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 9,583.2 Square Feet
- Features: Other
Details
- Has additional parcels: Yes
- Parcel number: Tbd
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available, Sewer Available
Community & HOA
Community
- Subdivision: Frankels
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $12/sqft
- Tax assessed value: $13,700
- Annual tax amount: $422
- Date on market: 7/1/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,459/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Price change | $15,500-20.5%$12/sqft |
Source: | ||
| 8/19/2025 | Price change | $19,500-2.5%$15/sqft |
Source: | ||
| 8/1/2025 | Pending sale | $20,000$15/sqft |
Source: | ||
| 7/29/2025 | Price change | $20,000-9.1%$15/sqft |
Source: | ||
| 7/1/2025 | Listed for sale | $22,000+120%$17/sqft |
Source: | ||
| 10/17/2022 | Sold | $10,000-16.7%$8/sqft |
Source: | ||
| 9/20/2022 | Listed for sale | $12,000+1614.3%$9/sqft |
Source: | ||
| 1/20/2022 | Sold | $700$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $351 -11.7% | $13,700 -1.4% |
| 2023 | $397 +4% | $13,900 -10.3% |
| 2022 | $382 0% | $15,500 +4% |
| 2021 | $382 +28.1% | $14,900 |
| 2020 | $298 -98.7% | $14,900 |
| 2019 | $23,372 -5.7% | $14,900 |
| 2018 | $24,790 +1251.9% | $14,900 -0.7% |
| 2017 | $1,834 | $15,000 +38.9% |
| 2016 | $1,834 -9.2% | $10,800 -87.5% |
| 2014 | $2,020 +2.8% | $86,300 -1.3% |
| 2013 | $1,964 +98.6% | $87,400 -3.3% |
| 2012 | $989 +22.1% | $90,400 +21.3% |
| 2011 | $810 -29.8% | $74,500 -12% |
| 2010 | $1,154 | $84,700 +35.7% |
| 2009 | -- | $62,400 +7.4% |
| 2007 | -- | $58,100 +47.1% |
| 2006 | -- | $39,500 |
| 2005 | -- | $39,500 |
| 2004 | -- | $39,500 +265.7% |
| 2003 | -- | $10,800 |
| 2002 | -- | $10,800 +200% |
| 2001 | -- | $3,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$93/mo
Principal & interest
$80
Property taxes
$13
Climate risks
Neighborhood: Ambrige Mann
Nearby schools
GreatSchools rating
- 4/10Beveridge Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Bailly Preparatory AcademyGrades: 6-8Distance: 4.3 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 2.5 mi
Local experts in 46404
- Indiana
- Lake County
- Gary
- 46404
- Ambrige Mann
- 1123 Garfield St




