NOT LISTED FOR SALE

551 Johnson St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $112,000 - $164,000

3 Beds
1.5 Baths
3,456 Sq Ft
$41/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $89,800 $26 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $827/month

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Cooling Available
  • 1 Fireplace
  • 2 Car Detached Garage
  • Living Room

About This Home

As of June 2022

Beautiful all brick ranch with a full unfinished basement ready for a new owner. Absolutely beautiful wood floors cover the main floor showing pride of ownership. Spacious bedrooms and living area make this a perfect choice for any buyer looking to spread out. Schedule your showing today!

Last Agent to Sell the Property

Kristin Trzoski

Advanced Real Estate, LLC License #RB14036260 Listed on: 04/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $891

Year Built

  • Built in 1920

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 3,456 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Gary Land Companys 03 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450804302006000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$891

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1984
  • Subdivision Name: Gary Land Companys 03
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: None
  • Acres: 0.143

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50X125
  • Lot Size Sq Ft: 6229
  • Parcel #: 450804302006000004

Tax Info

  • Year: 2020
  • Tax Annual Amount: 891

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 20, 2022
Sold by
Jones Jr Lonnie L
Bought by
Williams Marquis
Seller's Agent
Kristin Trzoski
Advanced Real Estate, LLC
List Price
$89,800
Sold Price
$89,800
Current Estimated Value
$132,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,701
Avg. Annual Appreciation
13.57%
Original Mortgage
$5,388
Outstanding Balance
$3,758
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$137,330
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
Williams Marquis -- Greater Indiana Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Marquis $5,388
Open Williams Marquis $87,106
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $89,800 0.0% $26 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $89,800 -- $26 / 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 $8,129 $105,900 $7,600 $98,300
2023 $1,060 $92,200 $7,900 $84,300
2022 $1,028 $93,100 $5,000 $88,100
2021 $927 $85,700 $5,000 $80,700
2020 $891 $84,900 $5,000 $79,900
2019 $748 $78,800 $5,000 $73,800
2018 $527 $74,200 $4,700 $69,500
2017 $544 $75,100 $4,700 $70,400
2016 $678 $78,400 $4,700 $73,700
2014 $514 $79,200 $5,900 $73,300
2013 $447 $77,500 $5,900 $71,600
Source: Public Records

Agents Affiliated with this Home

  • Kristin Trzoski

    Seller's Agent in 2022

    Kristin Trzoski

    Advanced Real Estate, LLC

    (708) 701-1196

    3 in this area

    130 Total Sales

    Kristin Trzoski
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR510568

Northwest Indiana Association of REALTORS®

APN: 45-08-04-302-006.000-004

Indiana Lake County Gary 46402 Downtown Gary

551 Johnson St, Gary, IN

Not Listed for Sale

Detached

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