OFF MARKET

Off Market Mar 2021 for $350K

—

•

22,500

sq ft

133-39 W Ridge Rd, Gary, IN 46408

About this home

WOW. .. WOW. .. WOW is all you can say. The 30+ years owners have taken great care of this building that keeps going and going, and is a must see. This property has 8 apartments Plus a main level office/suite, which will leave you speechless. Also featured is a hair salon and work shop which could be converted back into an office, a 4 car attached garage, a hydraulic lift, a full basement for parties and gatherings, with two egresses. Also, a coin op laundry room on the second floor. . Recent updates include commercial water heater 2009, 400 amp electrical upgrade 2009, new EPDM roof 2015/16 and a 1,000,000BTU Steam Boiler in 2018. see the attached amenity sheet for more information. .. Don't let this one pass through your investor clients hands.

Multi-familyProperty Type

1927Year Built

10,672 sq ftLot Size

$16Price/Sq.Ft.

4 garage spacesParking

Listed by Marc Roy • McColly Real Estate

•219-922-2300 (broker)

•tjboyle2300@yahoo.com (broker)

Bought with Nicole Milford • Generic Office

Bought with Margaret Olmetti • Generic Office

Redfin checked: a minute ago

•Source:NIRA MLS as Distributed by MLS Grid #438469

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 46408, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.6%

+0.2% MoM

Median sale price

$135K

$8K MoM

Avg. days on market

79d

12 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 12 HRS AGO
$80,000
2 beds1 bath1,500 sq ft
4962 Adams St, Gary, IN 46408
(219) 865-9911
$320,000
5 beds1.5 baths2,501 sq ft
4189 Rutledge St, Gary, IN 46408
(219) 462-2224
$224,500
3 beds1 bath1,122 sq ft
3930 Marshall St, Gary, IN 46408
(219) 306-8911
$210,000
3 beds2 baths1,912 sq ft
4945 Washington St, Gary, IN 46408
(219) 933-9686
$199,000
3 beds1 bath2,004 sq ft
3761 Jackson St, Gary, IN 46408
(844) 552-5887
$259,900
4 beds2.5 baths2,050 sq ft
4946 Van Buren St, Gary, IN 46408
(219) 617-0078
$74,900
2 beds1 bath734 sq ft
3740 Monroe St, Gary, IN 46408
(219) 888-8043
See all

Provided by Redfin

Sale history for 133-39 W Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2024

$8,712 (−2.3%)

$23,900 + $286,400

$310,300

2023

$8,917 (+80.1%)

$23,900 + $292,200

$316,100

2022

$4,951 (+77.3%)

$15,900 + $157,200

$173,100

2021

$2,793 (+2.3%)

$15,900 + $102,500

$118,400

2020

$2,729 (−4.4%)

$15,900 + $102,500

$118,400

2019

$2,855 (−10.4%)

$15,900 + $102,500

$118,400

2018

$3,187 (+30.2%)

$15,900 + $102,500

$118,400

2017

$2,449 (−2.1%)

$15,900 + $99,400

$115,300

2016

$2,502 (+20.7%)

$15,900 + $104,000

$119,900

2015

$2,073

$14,700 + $117,500

$132,200

Tax history for 133-39 W Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2024

$8,712 (−2.3%)

$23,900 + $286,400

$310,300

2023

$8,917 (+80.1%)

$23,900 + $292,200

$316,100

2022

$4,951 (+77.3%)

$15,900 + $157,200

$173,100

2021

$2,793 (+2.3%)

$15,900 + $102,500

$118,400

2020

$2,729 (−4.4%)

$15,900 + $102,500

$118,400

2019

$2,855 (−10.4%)

$15,900 + $102,500

$118,400

2018

$3,187 (+30.2%)

$15,900 + $102,500

$118,400

2017

$2,449 (−2.1%)

$15,900 + $99,400

$115,300

2016

$2,502 (+20.7%)

$15,900 + $104,000

$119,900

2015

$2,073

$14,700 + $117,500

$132,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

10,672 Sq. Ft.

Year renovated

1985

Sq. Ft.

22,500

Year built

1927

Style

Multi-Family (5+ Unit)

County

Lake County

APN

450828232001000004

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 24, 2026.

Property details

Parking

Parking Information
Parking Total: 18
Parking Features: Attached, Garage Door Opener, Off Street

Gararge Information
Has Garage(s)
Garage Spaces: 4

Interior

Bathroom Information
Bathrooms Full: 11
Bathrooms Half: 4
Bathrooms Three Quarter: 1

Heating & Cooling
Cooling: Central Air, Wall/Window Unit(s)
Heating: Hot Water, Natural Gas

Interior Features
Laundry Features: Common Area, In Unit, Other
Interior Features: Elevator
Accessibility Features: Enhanced Accessible
Appliances: Dishwasher, None, Range, Refrigerator
Flooring: Carpet, Ceramic Tile, Linoleum, Other, Tile

Room Information
Rooms Total: 50
Has Basement
Basement: Full, Sump Pump

Multi-Unit Financial Information
Net Operating Income: $45,384
Gross Scheduled Income: $72,120
Electric Expense: $4,728
Insurance Expense: $5,400
Maintenance Expense: $2,400
Sewer Expense: $2,364
Water Expense: $1,884
New Taxes Expense: $3,012
Trash Expense: $1,332

Multi-Unit Information
Occupant Type(s): Owner
# of Units Total: 9
# of One Bedroom Units: 4
# of Two Bedroom Units: 6

Exterior

Exterior Features
Other Equipment: Intercom
Construction Materials: Block, Brick, Concrete

Living Area
Living Area: 22,500
Living Area Source: Assessor

Property Information
Year Built: 1927
Accessibility Features YN: Yes

Lot Information
Road Surface Type: Asphalt

Financial

Tax Information
Tax Legal Description: Legal Description: 5TH SOUTH BROADWAY ADD BL.2 LOTS 7,8,9 & 10

Utilities

Utilities Information
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
Water Source: Public

Public facts

Beds: —
Baths: —
Sq. Ft.: 22,500
Stories: 3.0
Lot Size: 10,672 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1927
Year Renovated: 1985
County: Lake County
APN: 450828232001000004

Home facts updated by county records on Aug 24, 2026

Other

Auction Information
Auction YN: No
Auction Minimum Opening Bid: 0.00

Around this home

Schools

Glen Park Academy

Public K-5 • Assigned • 1.5mi

3/10

Bailly Preparatory Academy

Public 6-8 • Assigned • 1.2mi

3/10

West Side Leadership Academy

Public 9-12 • Assigned • 4.7mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Gary, IN • 46408

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 46408

NEW 12 HRS AGO

$80,000

2 beds1 bath1,500 sq ft

4962 Adams St, Gary, IN 46408

(219) 865-9911

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5 beds1.5 baths2,501 sq ft

4189 Rutledge St, Gary, IN 46408

(219) 462-2224

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3930 Marshall St, Gary, IN 46408

(219) 306-8911

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3 beds2 baths1,912 sq ft

4945 Washington St, Gary, IN 46408

(219) 933-9686

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Home values near 133-39 W Ridge Rd

Data from public records.

Address	Redfin Estimate
101 West Ridge Rd, Gary, IN - Beds \| - Baths \| - Sq. Ft.	—
3818 Washington St, Gary, IN 4 Beds \| 2 Baths \| 1032 Sq. Ft.	$62,496

Address	Redfin Estimate
3851 Adams St, Gary, IN 5 Beds \| 1 Baths \| 1374 Sq. Ft.	$65,399
3848 Adams St, Gary, IN 3 Beds \| 1 Baths \| 900 Sq. Ft.	$69,163

Address	Redfin Estimate
3840 Washington St, Gary, IN 2 Beds \| 1 Baths \| 828 Sq. Ft.	$78,167
3828 Adams St, Gary, IN 2 Beds \| 1 Baths \| 925 Sq. Ft.	$33,710

Property information provided by NIRA MLS as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 46408, IN

Sale history for 133-39 W Ridge Rd

Tax history for 133-39 W Ridge Rd

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 46408

Home values near 133-39 W Ridge Rd

More real estate resources