NOT LISTED FOR SALE

551 Buchanan St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $64,000 - $154,000

3 Beds
1 Bath
1,288 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $30,000 $23 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $711/month

28 Days on Market

Highlights

  • Covered Patio or Porch
  • Detached Garage
  • Forced Air Heating System
  • Formal Dining Room
  • Living Room
  • Fenced

About This Home

As of April 2020

Large 3 bedroom, 1 bath two story home with 2 car garage located on quiet street! Formal dining room, large living room! Good sized bedrooms, nice staircase! And, a full basement....livable and in move in condition! Fenced yard, enclosed front porch, enclosed back porch! Very clean and painted basement floors! A must see!

Last Agent to Sell the Property

Nicole Hanson

Advanced Real Estate, LLC License #RB14044520 Listed on: 03/09/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 5,358 Sq Ft Lot
  • Lot Dimensions are 43x123
  • Fenced
  • Paved or Partially Paved Lot
  • Zoning described as 510

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Gary Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450804304007000004

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

5,358 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1915
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR121
  • Co List Office Mls Id: GNR121
  • Subdivision Name: Gary
  • Architectural Style: Two Story
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 644
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Formal Dining
  • Basement: Daylight
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Fence
  • Acres: 0.123

Garage/Parking

  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 43x123
  • Lot Size Sq Ft: 5358
  • ResoLotSizeUnits: Acres
  • Parcel #: 450804304007000004
  • Zoning Description: 510
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2018
  • Tax Annual Amount: 839

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
One Group Network
Bought by
Wohlberg Steve
Current Estimated Value
$116,193

Purchase Details

Closed on
Jun 16, 2025
Sold by
Mw Invest Llc
Bought by
One Group Network

Purchase Details

Closed on
Apr 4, 2025
Sold by
Keri Hir Real Estate Llc
Bought by
Mw Invest Llc

Purchase Details

Listed on
Mar 9, 2020
Closed on
Apr 8, 2020
Sold by
Stiles James H and Stiles Jim H
Bought by
Keri Hir Real Estate Llc
Seller's Agent
Nicole Hanson
Advanced Real Estate, LLC
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.55%

Purchase Details

Closed on
Apr 3, 2014
Sold by
Williams Arthur
Bought by
Stiles James H and Stiles Jim H

Purchase Details

Closed on
Dec 4, 2008
Sold by
Katona Peggy
Bought by
Stiles Jim H

Purchase Details

Closed on
Aug 15, 2005
Sold by
Kerusso Konstruction Kompany Llc
Bought by
Heritage Construction

Purchase Details

Closed on
Aug 2, 2005
Sold by
Wells Fargo Bank Minesota Na
Bought by
Kerusso Konstruction Kompany Llc

Purchase Details

Closed on
Jul 1, 2005
Sold by
Hunt Tracey
Bought by
Wells Fargo Bank Minnesota Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wohlberg Steve -- Chicago Title Insurance Compan
One Group Network -- Chicago Title Insurance Compan
Mw Invest Llc -- Chicago Title Insurance Compan
Keri Hir Real Estate Llc -- Indiana Title Network Co
Stiles James H -- None Available
Stiles Jim H $3,188 None Available
Heritage Construction -- Meridian Title Corp
Kerusso Konstruction Kompany Llc -- Meridian Title Corp
Wells Fargo Bank Minnesota Na $31,450 Meridian Title Corp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2020 04/13/20 Sold $30,000 0.0% $23 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $30,000 -- $23 / 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 $1,188 $59,200 $6,900 $52,300
2024 $3,835 $54,500 $6,900 $47,600
2023 $1,099 $43,500 $6,800 $36,700
2022 $1,099 $42,900 $4,300 $38,600
2021 $1,027 $40,100 $4,300 $35,800
2020 $1,130 $44,100 $4,300 $39,800
2019 $898 $41,900 $4,300 $37,600
2018 $898 $39,500 $4,100 $35,400
2017 $927 $40,100 $4,100 $36,000
2016 $951 $41,800 $4,100 $37,700
2014 $721 $30,800 $5,100 $25,700
2013 $939 $41,800 $5,100 $36,700
Source: Public Records

Agents Affiliated with this Home

  • Nicole Hanson

    Seller's Agent in 2020

    Nicole Hanson

    Advanced Real Estate, LLC

    (219) 588-5281

    117 Total Sales

    Nicole Hanson
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR471138

Northwest Indiana Association of REALTORS®

APN: 45-08-04-304-007.000-004

Indiana Lake County Gary 46402 Downtown Gary

551 Buchanan St, Gary, IN

Not Listed for Sale

Detached

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Based on information submitted to the MLS GRID

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