NOT LISTED FOR SALE

1531 Arthur Place Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $64,000 - $118,000

3 Beds
2 Baths
2,438 Sq Ft
$42/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $36,000 $15 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $638/month

232 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Enclosed Patio or Porch
  • Den
  • 2 Car Detached Garage
  • Living Room

About This Home

As of May 2019

Investors dream!!! PURCHASING A HOME WHICH NEEDS NO REPAIRS, HAS PASSED SECTION 8 INSPECTIONS AND HAS TENANT!!! Very nice brick home,enter into a cute sun porch and continue to enormous living/dinning rooms,with beautiful hardwood flooring. Kitchen and baths have newer tile floors. Basement is finished, with bedroom and full bath, and still plenty of room for entertaining. Secure glass block windows in basement and rolling shutters on windows are other conveniences included with this home. Seller has many other properties similar to this. Don't Miss out on this!!!

Last Agent to Sell the Property

Baverly Daniels

B. Daniels Real Estate, LLC License #RB14048168 Listed on: 09/14/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,438 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Den
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • L Gerlingers Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450808427005000004

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1921
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1465
  • Subdivision Name: L Gerlingers Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Den/Office, Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Enclosed, Fence
  • Acres: 0.115

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5009
  • Parcel #: 450808427005000004

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1057

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
May 21, 2019
Sold by
Strong T J and Strong Dolly
Bought by
Indiana Land Trust Company and Trust No 120606
Seller's Agent
Baverly Daniels
B. Daniels Real Estate, LLC
List Price
$36,000
Sold Price
$36,000
Current Estimated Value
$102,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,380
Avg. Annual Appreciation
17.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Indiana Land Trust Company -- Chicago Title Company Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2019 05/21/19 Sold $36,000 0.0% $15 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
09/14/2018 09/14/18 For Sale $36,000 -- $15 / 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 $3,959 $45,400 $7,400 $38,000
2023 $1,004 $44,900 $7,800 $37,100
2022 $1,004 $39,200 $4,400 $34,800
2021 $930 $36,300 $4,400 $31,900
2020 $922 $36,000 $4,400 $31,600
2019 $762 $35,100 $3,700 $31,400
2018 $1,032 $45,800 $4,800 $41,000
2017 $1,057 $46,100 $4,800 $41,300
2016 $1,085 $48,100 $4,800 $43,300
2014 $1,589 $67,900 $5,100 $62,800
2013 $1,499 $66,700 $5,100 $61,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Baverly Daniels

    B. Daniels Real Estate, LLC

    (219) 730-5692

    8 in this area

    40 Total Sales

    Baverly Daniels
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR442730

Northwest Indiana Association of REALTORS®

APN: 45-08-08-427-005.000-004

Indiana Lake County Gary 46404 Tolleston

1531 Arthur Place, Gary, IN

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.

Nearby Homes