NOT LISTED FOR SALE

1500 Kentucky St Gary, IN 46407

Midtown Neighborhood

Estimated Value: $82,000 - $124,000

3 Beds
1 Bath
1,776 Sq Ft
$56/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $75,000 $42 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $637/month

177 Days on Market

Highlights

  • Ranch Style House
  • Cooling Available
  • Bathroom on Main Level
  • Corner Lot
  • Living Room
  • Forced Air Heating System

About This Home

As of April 2023

Great Opportunity for a primary residence or investment property. Well-kept property that's been a revenue generating rental property for many years. Currently not rented and awaiting its next owner. Enjoy a large backyard on a nice corner lot. Recently updated utilities and New Roof. PLUS: A spacious, dry basement space for storage, recreation, or additional living space.

Last Agent to Sell the Property

William Godwin

Godwin Realty Company License #RB15001235 Listed on: 08/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $915

Year Built

  • Built in 1953

Lot Details

  • 5,881 Sq Ft Lot
  • Lot Dimensions are 47x125
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 1,776 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Cheadles Add 01 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450810258003000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$915

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Nearly Level, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1603
  • Subdivision Name: Cheadles Add 01
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Wood
  • GNR_UnfinishedSquareFootage: 888
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.135

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 47x125
  • Lot Size Sq Ft: 5881
  • Parcel #: 450810258003000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 915

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Jones Jeffery W
Bought by
Jre1 Llc
Current Estimated Value
$98,677

Purchase Details

Listed on
Aug 1, 2022
Closed on
Apr 5, 2023
Sold by
Labroi-Bell Kelli
Bought by
Jones Jeffery W
Seller's Agent
William Godwin
Godwin Realty Company
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$75,000
Interest Rate
6.65%
Mortgage Type
VA

Purchase Details

Closed on
Dec 7, 2006
Sold by
Labroi Jonathan N
Bought by
Labroi Barbara Jean and Labroi Kellie
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
Jre1 Llc $73,024 Title Clearing & Escrow
Jones Jeffery W $75,000 None Listed On Document
Labroi Barbara Jean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Jeffery W $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $75,000 -6.3% $42 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
08/01/2022 08/01/22 For Sale $80,000 -- $45 / 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 $5,440 $66,300 $6,900 $59,400
2023 $966 $61,700 $6,900 $54,800
2022 $966 $37,700 $4,600 $33,100
2021 $915 $35,700 $4,600 $31,100
2020 $886 $34,600 $4,600 $30,000
2019 $1,355 $32,500 $4,300 $28,200
2018 $1,337 $36,000 $4,600 $31,400
2017 $817 $36,400 $4,600 $31,800
2016 $838 $37,900 $4,600 $33,300
2014 $894 $38,200 $5,500 $32,700
2013 $1,142 $50,800 $5,500 $45,300
Source: Public Records

Agents Affiliated with this Home

  • William Godwin

    Seller's Agent in 2023

    William Godwin

    Godwin Realty Company

    (219) 916-5507

    5 in this area

    77 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR517242

Northwest Indiana Association of REALTORS®

APN: 45-08-10-258-003.000-004

Indiana Lake County Gary 46407 Midtown

1500 Kentucky St, Gary, IN

This home is located at 1500 Kentucky St, Gary, IN 46407 since 01 August 2022 and is currently estimated at $98,677, approximately $55 per square foot. This property was built in 1953. 1500 Kentucky St is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, 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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