NOT LISTED FOR SALE

1055 N Wells St Gary, IN 46403

Miller Neighborhood

Estimated Value: $53,899 - $70,000

0.14 Acre
$436,957 Price per Acre
6,011 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $42,500

Est. 42% increase in value since last sale

Current estimated payment $393/month

254 Days on Market

About This Lot

As of March 2021

Build your dream beach home- R-4 lot, Steps to beautiful Lake Michigan beach and Indiana Dunes West Beach National Lakeshore Park. Lots of hiking in the Indiana Sand Dunes- a National treasure! Only minutes to Chicago! All expensive utility taps are in- gas, sewer ,electric, phone & cable included !! $990k utility structure for entire block is in place- Each lot has been subdivided with individual pin numbers- HOA is in place. What are you waiting for! Currently 3 modern homes, a new home under construction and a pod of 4 townhomes exist on block. Total of 7 lots are available . Please see virtual media for video of the entire subdivided block. Lot is on 2nd block to the beach. Note each lot has a slab foundation that needs to be removed before building.

Last Agent to Sell the Property

Eileen Casey

@properties/Christie's Intl RE License #RB14051306 Listed on: 06/01/2020

@properties/Christie's Intl RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $864

Lot Details

  • 6,011 Sq Ft Lot

Community Details

  • East Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450533234029000004

Property Details

Property Type

Land

Est. Annual Taxes

$864

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: None
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Nearly Level
  • Road Frontage Type: Paved Road
  • Co List Office Mls Id: GNR1076
  • Subdivision Name: East Edge
  • Reso Other Structures: None
  • GNR_Auction: No
  • GNR_PermitsNeeded: Building
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 0.138

Lot Info

  • Lot Size Sq Ft: 6011
  • Parcel #: 450533234029000004

Tax Info

  • Tax Annual Amount: 864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Mar 12, 2021
Sold by
East Edge Llc
Bought by
Pelc Monica Eliza
Seller's Agent
Eileen Casey
@properties/Christie's Intl RE
List Price
$42,500
Sold Price
$42,500
Current Estimated Value
$60,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,800
Avg. Annual Appreciation
8.02%
Original Mortgage
$21,375
Outstanding Balance
$16,384
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$43,067
Source: Public Records

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
Pelc Monica Eliza -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelc Monica Eliza $21,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $42,500 0.0% --
02/10/2021 02/10/21 Pending -- -- --
06/01/2020 06/01/20 For Sale $42,500 -- --
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 $3,765 $38,700 $38,700 --
2023 $1,058 $42,700 $42,700 --
2022 $1,058 $29,700 $29,700 $0
2021 $1,044 $29,300 $29,300 $0
2020 $1,044 $29,300 $29,300 $0
2019 $870 $28,800 $28,800 $0
2018 $668 $21,200 $21,200 $0
2017 $676 $21,200 $21,200 $0
2016 $635 $20,100 $20,100 $0
2014 $695 $20,800 $20,800 $0
2013 $672 $20,700 $20,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Eileen Casey

    Seller's Agent in 2021

    Eileen Casey

    @ Properties

    (773) 742-9611

    16 in this area

    67 Total Sales

    Eileen Casey
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR475333

Northwest Indiana Association of REALTORS®

APN: 45-05-33-234-029.000-004

Indiana Lake County Gary 46403 Miller

1055 N Wells St, Gary, IN

This home is located at 1055 N Wells St, Gary, IN 46403 since 01 June 2020 and is currently estimated at $60,300. 1055 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

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