NOT LISTED FOR SALE

2055 Monroe Ln Gary, IN 46407

Midtown Neighborhood

Estimated Value: $134,000 - $146,000

4 Beds
2 Baths
1,892 Sq Ft
$74/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $85,000 $45 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $877/month

147 Days on Market

Highlights

  • Recreation Room
  • Den
  • Cooling Available
  • Ranch Style House
  • 2 Car Detached Garage
  • Patio

About This Home

As of August 2020

Well maintained 4 bedroom, 2 bath RANCH with partially finished basement. Mostly BRICK exterior. Huge master bedroom! All appliances stay including washer and dryer. Newer roof, hot water heater, furnace and a/c unit. Fenced yard. 2 car garage plus large carport. Close to expressway for easy commute.

Last Agent to Sell the Property

Dan Engle

BHHS Executive Realty License #RB14045060 Listed on: 02/03/2020

BHHS Executive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 1954

Lot Details

  • 4,704 Sq Ft Lot
  • Lot Dimensions are 47 x 100
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,892 Sq Ft Home
  • Living Room
  • Den
  • Recreation Room
  • Home Security System
  • Basement

Kitchen

  • Portable Gas Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Andrew Means Park Manor Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450809454023000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$869

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Paved Road, Sidewalks
  • ResoOtherEquipment: Security System
  • Co List Office Mls Id: GNR121
  • Co List Office Mls Id: GNR121
  • Subdivision Name: Andrew Means Park Manor
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding,Brick
  • GNR_UnfinishedSquareFootage: 692
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Den/Office, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Fence, Patio
  • Acres: 0.108

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Detached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 47 x 100
  • Lot Size Sq Ft: 4704
  • ResoLotSizeUnits: Acres
  • Parcel #: 450809454023000004
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2019
  • Tax Annual Amount: 869

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Aug 4, 2020
Sold by
Theodore R Hull And Adah M Hull Rev Tr
Bought by
Creal James
Seller's Agent
Dan Engle
BHHS Executive Realty
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$139,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,143
Avg. Annual Appreciation
8.67%
Original Mortgage
$86,406
Outstanding Balance
$77,130
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$53,392

Purchase Details

Closed on
Jan 5, 2010
Sold by
Hull Theodore R and Hull Adah M
Bought by
Hull Theodore R and Hull Adah M
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
Creal James -- Fidelity National Title Co
Theodore R Hull And Adah M Hull Rev Tr -- Fidelity National Title Co
Hull Theodore R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creal James $86,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $85,000 0.0% $45 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $85,000 -- $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 $8,103 $109,500 $6,300 $103,200
2023 $2,321 $91,900 $6,500 $85,400
2022 $2,321 $90,600 $5,500 $85,100
2021 $2,137 $83,400 $5,500 $77,900
2020 $940 $80,900 $5,500 $75,400
2019 $869 $80,900 $5,500 $75,400
2018 $963 $80,900 $5,500 $75,400
2017 $913 $81,500 $5,500 $76,000
2016 $945 $85,100 $5,500 $79,600
2014 $1,106 $98,700 $6,000 $92,700
2013 $1,054 $97,000 $6,000 $91,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dan Engle

    BHHS Executive Realty

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR469482

Northwest Indiana Association of REALTORS®

APN: 45-08-09-454-023.000-004

Indiana Lake County Gary 46407 Midtown

2055 Monroe Ln, Gary, IN

This home is located at 2055 Monroe Ln, Gary, IN 46407 since 03 February 2020 and is currently estimated at $139,143, approximately $73 per square foot. This property was built in 1954. 2055 Monroe Ln is a home located in Lake County with nearby schools including Beveridge 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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