Seller's Agent in 2024
Christine Coughlin
Listing Leaders
(219) 508-5555
2 in this area
121 Total Sales
441 Connecticut St Gary, IN 46402
Downtown Gary Neighborhood
9
Beds
3
Baths
3,861
Sq Ft
3,964
Sq Ft Lot Lot
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 2024Wanted: 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
Listing Leaders License #RB17000971 Listed on: 05/07/2024
Last Buyer's Agent
Christine Coughlin
Listing Leaders License #RB17000971
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,302
Year Built
- Built in 1931 | Remodeled
Lot Details
- 3,964 Sq Ft Lot
- Lot Dimensions are 125x31
- Back Yard Fenced and Front Yard
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
- Carbon Monoxide Detectors
- Fire and Smoke Detector
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
Outdoor Features
- Outdoor Storage
Utilities
- Heating System Uses Steam
- Radiant Heating System
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 29, 2024
Sold by
Bought by
Purchase Details
Listed on
May 7, 2024
Closed on
Jun 11, 2024
Sold by
Bought by
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
Purchase Details
Closed on
Apr 28, 2023
Sold by
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
May 9, 2019
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $280,000 | Chicago Title Company | ||
| $280,000 | Chicago Title Company | ||
| -- | Meridian Title | ||
| -- | Meridian Title | ||
| $115,000 | Meridian Title | ||
| $115,000 | Meridian Title | ||
| -- | Community Title | ||
| -- | Community Title | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $175,000 | ||
| Previous Owner | $175,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Cristina Schmal-Jimenez
Seller Co-Listing Agent in 2024
Cristina Schmal-Jimenez
Listing Leaders MVPs
(219) 477-7061
1 in this area
11 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 803266
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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