NOT LISTED FOR SALE

441 Connecticut St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $280,000 - $607,000

9 Beds
3 Baths
3,861 Sq Ft
3,964 Sq Ft Lot

Last Sold June 12, 2024

Last sale price $280,000 $73 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,336/month

12 Days on Market

Highlights

  • Downtown View
  • No HOA
  • Double Pane Windows
  • Wood Flooring
  • 3 Car Detached Garage
  • 4-minute walk to 5th and Broadway Park

About This Home

As of June 2024

Wanted: new owners/investors! Nestles in the heart of Gary, this all-brick, remodeled 3-unit apartment brings in $2900/month with one VACANT unit. Walking distance to the Railcats stadium ensures entertainment options just around the corner. The nearby toll road also makes commuting a breeze, providing convenience for both tenants and potential resident/owner. Not just a home but an investment in a great location at a current 9.5% CAP rate.

Last Agent to Sell the Property

Christine Coughlin

Listing Leaders License #RB17000971 Listed on: 05/07/2024

Listing Leaders

Co-Listed By

Cristina Schmal-Jimenez

Listing Leaders MVPs License #RB20001528

Last Buyer's Agent

Christine Coughlin

Listing Leaders License #RB17000971

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,302

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 3,964

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Property Views

  • Downtown
  • Neighborhood

Interior Spaces

  • 3,861 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Insulated Windows
  • Window Screens

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Bedroom
  • Accessible Common Area
  • Kitchen Appliances
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Accessibility Features
  • Walker Accessible Stairs
  • Accessible Doors
  • Safe Emergency Egress From Home

Utilities

  • Heating System Uses Steam
  • Radiant Heating System

Additional Features

  • Outdoor Storage
  • Back Yard Fenced and Front Yard

Listing and Financial Details

  • Total Actual Rent $34,800
  • Tenant pays for cable TV, telephone, electricity, insurance
  • The owner pays for sewer, water, trash collection, taxes
  • Rent includes gas, sewer, water, trash collection
  • Assessor Parcel Number 450803155005000004

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Gary Land Companys Add 01 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Building Details

  • Electric Expense $600
  • Insurance Expense $1,800
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $2,302
  • Gross Income $34,800
  • Net Operating Income $27,698

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,302

Year Built

Built in 1931 | Remodeled

Lot Details

3,964 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1931
  • Reso Property Sub Type: Apartment
  • Road Frontage Type: Other
  • ResoLaundryFeatures: Common Area, Washer Hookup, Laundry Room, Main Level, Electric Dryer Hookup, Inside
  • ResoLotFeatures: Back Yard, Near Public Transit, Level, Front Yard, Few Trees, City Lot
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: City, Neighborhood, Downtown, City Lights
  • ResoOtherEquipment: Varies by Unit
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Varies By Unit, Smoke Detector(s), Fire Alarm
  • Co List Office Mls Id: NRA1690
  • Subdivision Name: Gary Land Companys Add 01
  • Above Grade Finished Sq Ft: 3861
  • Reso Accessibility Features: Accessible Bedroom, Safe Emergency Egress from Home, Walker-Accessible Stairs, Common Area, Accessible Washer/Dryer, Accessible Stairway, Accessible Kitchen Appliances, Accessible Hallway(s), Accessible Doors, Accessible Common Area, Accessible Closets
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Double Pane Windows, Screens, Insulated Windows
  • Financial Info Electric: 220 Volts, Separate Meters
  • WaterExpense: 1200.00
  • NumberOfStores: 0
  • AuctionYN: No
  • AccessibilityFeaturesYN: Yes
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Electric Oven, Washer, Free-Standing Refrigerator, Electric Water Heater, Dryer
  • Interior Amenities: High Ceilings, Wired for Data, Pantry, Soaking Tub, Recessed Lighting, Primary Downstairs, Open Floorplan, Natural Woodwork, High Speed Internet
  • Flooring: Carpet, Hardwood, Luxury Vinyl
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Awning(s), Storage, Lighting
  • Fencing: Back Yard, Front Yard, Fenced, Chain Link
  • Acres: 0.091
  • Waterfront: No
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: None
  • Reso Roof: Flat, Rolled/Hot Mop

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Additional Parking, Unassigned, Garage Faces Rear, Paved, Outside, Off Street, Detached, Alley Access
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Connected, Water Available, Sewer Connected, Natural Gas Connected, Electricity Connected, Electricity Available, Cable Connected
  • Cooling: Window Unit(s)
  • Heating: Radiant, Steam, Separate Meters
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Gas, Sewer, Water, Trash Collection
  • Association: No

Fee Information

  • Trash Expense: 1200

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 125x31
  • Lot Size Sq Ft: 3963.96
  • ResoLotSizeUnits: Acres
  • Additional Parcels: No
  • Parcel #: 450803155005000004
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No
  • Tenant Pays: Cable TV, Telephone, Other, Electricity, Insurance
  • Owner Pays: Sewer, Water, Trash Collection, Taxes

Tax Info

  • Year: 2023
  • New Taxes Expense: 2302
  • Tax Annual Amount: 2302.22

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 600
  • Annual Gross Income: 34800
  • Insurance Expense: 1800
  • Total Actual Rent: 34800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Ervin Gerry and Ervin Antoinette
Bought by
G & Te Limited Liability Company
Current Estimated Value
$401,333

Purchase Details

Listed on
May 7, 2024
Closed on
Jun 11, 2024
Sold by
Homes By Hutnick Llc
Bought by
Ervin Gerry and Ervin Antoinette
Seller's Agent
Christine Coughlin
Listing Leaders
Buyer's Agent
Christine Coughlin
Listing Leaders
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.90%

Purchase Details

Closed on
Apr 28, 2023
Sold by
Terralex Properties Llp
Bought by
Homes By Hutnick Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2023
Sold by
Terralex Properties Llp
Bought by
Homes By Hutnick Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2022
Sold by
Goudeaux Gladys M
Bought by
Terralex Properties Llp

Purchase Details

Closed on
May 9, 2019
Sold by
Goudeaux Gladys and Estate Of Margaret Peggy Goude
Bought by
Goudeaux Gladys
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
G & Te Limited Liability Company -- None Listed On Document
G & Te Limited Liability Company -- None Listed On Document
Ervin Gerry $280,000 Chicago Title Company
Ervin Gerry $280,000 Chicago Title Company
Homes By Hutnick Llc -- Meridian Title
Homes By Hutnick Llc -- Meridian Title
Homes By Hutnick Llc $115,000 Meridian Title
Homes By Hutnick Llc $115,000 Meridian Title
Terralex Properties Llp -- Community Title
Terralex Properties Llp -- Community Title
Goudeaux Gladys -- None Available
Goudeaux Gladys -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Homes By Hutnick Llc $175,000
Previous Owner Homes By Hutnick Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $280,000 -3.4% $73 / Sq Ft
05/07/2024 05/07/24 For Sale $290,000 -- $75 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $2,482 $239,700 $1,800 $237,900
2024 $8,050 $121,400 $3,000 $118,400
2023 $2,302 $91,300 $1,500 $89,800
2022 $1,122 $43,800 $1,500 $42,300
2021 $968 $37,800 $1,500 $36,300
2020 $968 $37,800 $1,500 $36,300
2019 $936 $37,800 $1,500 $36,300
2018 $1,175 $46,900 $1,500 $45,400
2017 $919 $34,200 $4,000 $30,200
2016 $934 $35,400 $4,000 $31,400
2014 $1,591 $68,000 $3,000 $65,000
2013 $1,439 $63,200 $3,000 $60,200
Source: Public Records

Agents Affiliated with this Home

  • Christine Coughlin

    Seller's Agent in 2024

    Christine Coughlin

    Listing Leaders

    (219) 508-5555

    2 in this area

    132 Total Sales

    Christine Coughlin
    Section Image
  • Cristina Schmal-Jimenez

    Seller Co-Listing Agent in 2024

    Cristina Schmal-Jimenez

    Listing Leaders MVPs

    (219) 477-7061

    1 in this area

    13 Total Sales

    Cristina Schmal-Jimenez
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 803266

Northwest Indiana Association of REALTORS®

APN: 45-08-03-155-005.000-004

Indiana Lake County Gary 46402 Downtown Gary

441 Connecticut St, Gary, IN

Not Listed for Sale

Condos

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Northwest Indiana Association of REALTORS® Copyright 2026 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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