NOT LISTED FOR SALE

551 King St Gary, IN 46406

Brunswick Neighborhood

Estimated Value: $83,000 - $93,000

2 Beds
1 Bath
1,176 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2014

Last sale price $12,900 $11 Per Sq Ft

Est. 585% increase in value since last sale

Current estimated payment $575 / mo

41 Days on Market

Highlights

  • Ranch Style House
  • Bathroom on Main Level
  • Forced Air Heating System
  • Living Room

About This Home

As of December 2014

Cozy Ranch with full basement. Great Investment! Would make great home!

Last Agent to Sell the Property

Robert Calabrese

McColly Real Estate License #RB14026854 Listed on: 10/14/2014

Co-Listed By

Kristi Davids

McColly Real Estate License #RB14033277

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 4,878 Sq Ft Lot
  • Lot Dimensions are 40 x 122

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

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

Community Details

  • Gary City Estates Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450701307007000004

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

4,878 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR270
  • Co List Office Mls Id: GNR270
  • Subdivision Name: Gary City Estates
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 392
  • 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
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Other
  • Acres: 0.112

Garage/Parking

  • Parking Features: None

Utilities

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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 40 x 122
  • Lot Size Sq Ft: 4878
  • Parcel #: 450701307007000004

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 620

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
Sep 20, 2024
Sold by
Bought by
Current Estimated Value
$88,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2024
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
$2,570,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2024
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
$2,570,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2024
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
$2,570,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2024
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
$2,570,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2024
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
$2,570,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2014
Closed on
Dec 9, 2014
Sold by
Bought by
Seller's Agent
Robert Calabrese
McColly Real Estate
List Price
$12,900
Sold Price
$12,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.11%

Purchase Details

Closed on
May 3, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
-- Near North Title
-- Chicago Title Company
$47,500 Chicago Title Company
-- None Listed On Document
-- Meridian Title
-- Meridian Title
-- Meridian Title Corp
-- 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 $5,000,000
Previous Owner $2,570,000
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
12/15/2014 12/15/14 Sold $12,900 0.0% $11 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $12,900 -- $11 / 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 $1,214 $59,700 $7,000 $52,700
2024 $3,668 $53,600 $7,000 $46,600
2023 $1,049 $41,600 $7,000 $34,600
2022 $963 $37,600 $4,000 $33,600
2021 $894 $34,900 $4,000 $30,900
2020 $856 $33,400 $4,000 $29,400
2019 $891 $36,300 $4,000 $32,300
2018 $880 $37,100 $4,000 $33,100
2017 $871 $37,500 $4,000 $33,500
2016 $893 $39,100 $4,000 $35,100
2014 $1,287 $55,000 $5,000 $50,000
2013 $560 $53,300 $5,000 $48,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Calabrese

    McColly Real Estate

  • K

    Seller Co-Listing Agent in 2014

    Kristi Davids

    McColly Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR360419

Northwest Indiana Association of REALTORS®

APN: 45-07-01-307-007.000-004

Indiana Lake County Gary 46406 Brunswick

551 King St, Gary, IN

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Northwest Indiana Association of REALTORS® 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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