NOT LISTED FOR SALE

1575 Arthur Place Gary, IN 46404

Tolleston Neighborhood

Estimated Value: $82,000 - $162,000

3 Beds
1.5 Baths
1,508 Sq Ft
$76/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $63,000 $42 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $720/month

25 Days on Market

About This Home

As of July 2021

Gary Westside - Priced Right for a Great Opportunity for an Affordable Primary Residence or a Turnkey Investment! Located Just Minutes away from County Market and I-80/94 means commuting back and forth just got easier!With 3 Bedrooms, 2 Baths and Several Large Rooms Including a Spacious Living Rm w/Open Concept to Dining Room (both w/Hardwood Floors) and Kitchen with Loads of Cabinet Space! There is also a full unfinished basement which adds to the possibilities! Own this Home for less than Rent!

Last Agent to Sell the Property

Lutrell Kirk

Kirk & Company Your Home Sold License #RB14035647 Listed on: 07/02/2021

Last Buyer's Agent

Christina Lee

The Lyons Group Real Estate License #RB17000813

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $738

Year Built

  • Built in 1905

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Interior Spaces

  • 1,508 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • L Gerlingers Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450808427014000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$738

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1905
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1185
  • Subdivision Name: L Gerlingers Add
  • Above Grade Finished Sq Ft: 1508
  • Unit Levels: Two
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Hardwood, Other
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.115
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Natural Gas, Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 5009
  • Parcel #: 450808427014000004

Tax Info

  • Year: 2019
  • Tax Annual Amount: 738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2024
Sold by
Dad Properties Llc
Bought by
Dad Legacy Ii Llc
Current Estimated Value
$114,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,086,000
Outstanding Balance
$2,913,004
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
-$2,798,801

Purchase Details

Closed on
Mar 17, 2022
Sold by
Dad Properties Llc
Bought by
Dad Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2022
Sold by
Dad Properties Llc
Bought by
Dad Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2022
Sold by
Dad Properties Llc
Bought by
Dad Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 28, 2021
Sold by
Blanchard Homes Llc
Bought by
D A D Properties Llc
Seller's Agent
Lutrell Kirk
Kirk & Company Your Home Sold
Buyer's Agent
Christina Lee
The Lyons Group Real Estate
List Price
$63,000
Sold Price
$63,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Original Mortgage
$88,200
Interest Rate
2.93%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 22, 2021
Sold by
Blanchard Homes Llc
Bought by
Dad Properties Llc
Seller's Agent
Lutrell Kirk
Kirk & Company Your Home Sold
Buyer's Agent
Christina Lee
The Lyons Group Real Estate
List Price
$63,000
Sold Price
$63,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
2.93%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jun 16, 2015
Sold by
Fannie Mae
Bought by
Blanchard Homes Llc
Seller's Agent
Christie McWilliams
Redsky, LLC
Buyer's Agent
Earline Nichols
Griffin Realty, LLC
List Price
$7,900
Sold Price
$7,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.55%

Purchase Details

Closed on
Dec 16, 2014
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 12, 2014
Sold by
Labroi Barbara
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 22, 2008
Sold by
Labroi Barbara and Johnson Barbara
Bought by
Labroi Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,150
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 15, 2007
Sold by
Feagin Annie L Tolbert and Feagin Annie L
Bought by
Johnson Sherry L
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
Dad Legacy Ii Llc -- Near North Title Group
Dad Legacy Ii Llc -- Near North Title Group
Dad Properties Llc -- New Title Company Name
Dad Properties Llc -- New Title Company Name
Dad Properties Llc -- New Title Company Name
D A D Properties Llc $63,000 Indiana Title Network Co
Dad Properties Llc -- None Listed On Document
Blanchard Homes Llc -- Meridian Title Corp
Federal National Mortgage Association -- None Available
Bank Of America Na $67,887 None Available
Labroi Barbara -- None Available
Johnson Sherry L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dad Legacy Ii Llc $3,086,000
Closed Dad Legacy Ii Llc $3,086,000
Previous Owner Dad Properties Llc $1,015,500
Previous Owner Dad Properties Llc $1,015,500
Previous Owner Dad Properties Llc $1,015,500
Previous Owner D A D Properties Llc $88,200
Previous Owner Dad Properties Llc $88,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $63,000 0.0% $42 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $63,000 +697.5% $42 / Sq Ft
06/22/2015 06/22/15 Sold $7,900 0.0% $5 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $7,900 -- $5 / 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 $4,576 $52,800 $7,400 $45,400
2023 $1,309 $51,900 $7,800 $44,100
2022 $1,086 $46,000 $4,400 $41,600
2021 $1,086 $42,400 $4,400 $38,000
2020 $1,076 $42,000 $4,400 $37,600
2019 $738 $33,900 $3,700 $30,200
2018 $1,000 $44,300 $4,800 $39,500
2017 $1,033 $45,000 $4,800 $40,200
2016 $1,060 $46,900 $4,800 $42,100
2014 -- $47,600 $5,100 $42,500
2013 -- $46,700 $5,100 $41,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lutrell Kirk

    Kirk & Company Your Home Sold

    (219) 293-8494

    6 in this area

    200 Total Sales

    Lutrell Kirk
    Section Image

  • C

    Buyer's Agent in 2021

    Christina Lee

    The Lyons Group Real Estate

    (219) 805-9193

    10 in this area

    84 Total Sales

    Christina Lee
    Section Image

  • C

    Seller's Agent in 2015

    Christie McWilliams

    Redsky, LLC

    (219) 689-4211

    5 Total Sales

    Christie McWilliams
    Section Image

  • E

    Buyer's Agent in 2015

    Earline Nichols

    Griffin Realty, LLC

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 496072

Northwest Indiana Association of REALTORS®

APN: 45-08-08-427-014.000-004

Indiana Lake County Gary 46404 Tolleston

1575 Arthur Place, Gary, IN

This home is located at 1575 Arthur Place, Gary, IN 46404 since 02 July 2021 and is currently estimated at $114,203, approximately $75 per square foot. This property was built in 1905. 1575 Arthur Place is a home located in Lake County with nearby schools including Beveridge Elementary School, Bailly Preparatory Academy, 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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