NOT LISTED FOR SALE

551 Rutledge St Gary, IN 46404

Ambridge-Mann Neighborhood

Estimated Value: $210,000 - $290,000

4 Beds
2.5 Baths
1,964 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $202,000 $103 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,444/month

18 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Vinyl Flooring

About This Home

As of May 2022

Come and look. Pics don't do it justice.

Last Agent to Sell the Property

Brian Waters

Mentor Listing Realty, Inc. License #RB14030191 Listed on: 03/03/2022

Last Buyer's Agent

Lisa Thompson

@properties/Christie's Intl RE License #RB14031377

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Brick Foundation

Interior Spaces

  • 1,964 Sq Ft Home
  • 1.5-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Gary Land Companys 05 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450805334014000004

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA952
  • Subdivision Name: Gary Land Companys 05
  • Above Grade Finished Sq Ft: 1964
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: None
  • Acres: 0.115
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 40x125
  • Lot Size Sq Ft: 5009
  • Parcel #: 450805334014000004

Tax Info

  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 23, 2022
Sold by
Housemart Inc
Bought by
West Sydney J
Seller's Agent
Brian Waters
Mentor Listing Realty, Inc.
Buyer's Agent
Lisa Thompson
@properties/Christie's Intl RE
List Price
$202,000
Sold Price
$202,000
Current Estimated Value
$245,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,468
Avg. Annual Appreciation
3.73%
Original Mortgage
$195,940
Outstanding Balance
$185,332
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$45,449

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 19, 2022
Sold by
Housemart Inc
Bought by
West Sydney J
Seller's Agent
Brian Waters
Mentor Listing Realty, Inc.
Buyer's Agent
Lisa Thompson
@properties/Christie's Intl RE
List Price
$202,000
Sold Price
$202,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,940
Outstanding Balance
$185,332
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$45,449

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 24, 2022
Sold by
Reginald Haywood
Bought by
Housemart Inc
Seller's Agent
Brian Waters
Mentor Listing Realty, Inc.
Buyer's Agent
Lisa Thompson
@properties/Christie's Intl RE
List Price
$202,000
Sold Price
$202,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,940
Outstanding Balance
$185,332
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$45,449

Purchase Details

Closed on
Mar 17, 2022
Sold by
Haywood Reginald
Bought by
Housemart Inc

Purchase Details

Closed on
Nov 24, 2021
Sold by
Adel Haywood
Bought by
Haywood Reginald

Purchase Details

Closed on
Oct 22, 2021
Sold by
Adel Haywood
Bought by
Haywood Reginald

Purchase Details

Closed on
Oct 6, 2021
Sold by
Adel Haywood
Bought by
Haywood Reginald

Purchase Details

Closed on
Oct 1, 2021
Sold by
Reginald Haywood
Bought by
Housemart Inc

Purchase Details

Closed on
Sep 29, 2021
Sold by
Haywood Reginald
Bought by
Housemart Inc

Purchase Details

Closed on
Jun 28, 2014
Sold by
Manjor Mattie Lee
Bought by
Mattie Lee Major Revocable Trust
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
West Sydney J -- Sandoval Jose C
West Sydney J -- Sandoval Jose C
Housemart Inc -- Kvachkoff Douglas R
Housemart Inc -- Kvachkoff Douglas R
Housemart Inc -- Kvachkoff Douglas R
Housemart Inc -- Kvachkoff Douglas R
Haywood Reginald -- --
Haywood Reginald -- --
Haywood Reginald -- --
Housemart Inc -- Kvachkoff Douglas R
Housemart Inc -- None Available
Housemart Inc -- None Available
Haywood Reginald -- --
Housemart Inc -- None Listed On Document
Housemart Inc -- None Listed On Document
Mattie Lee Major Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Sydney J $195,940
Closed West Sydney J $195,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $202,000 0.0% $103 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $202,000 -- $103 / 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
2025 $1,945 $171,200 $6,600 $164,600
2024 $13,666 $163,500 $6,600 $156,900
2023 $451 $155,000 $6,300 $148,700
2022 $451 $41,700 $4,000 $37,700
2021 $60 $73,600 $4,000 $69,600
2020 $60 $72,800 $4,000 $68,800
2019 $60 $69,900 $4,000 $65,900
2018 $126 $65,900 $3,800 $62,100
2017 $60 $66,600 $3,800 $62,800
2016 $60 $69,500 $3,800 $65,700
2014 -- $72,900 $4,700 $68,200
2013 -- $71,400 $4,700 $66,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brian Waters

    Mentor Listing Realty, Inc.

    (866) 269-1006

    4 in this area

    470 Total Sales

    Brian Waters
    Section Image
  • Lisa Thompson

    Buyer's Agent in 2022

    Lisa Thompson

    @ Properties

    (219) 617-5884

    1 in this area

    544 Total Sales

    Lisa Thompson
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 508385

Northwest Indiana Association of REALTORS®

APN: 45-08-05-334-014.000-004

Indiana Lake County Gary 46404 Ambridge-Mann

551 Rutledge St, Gary, IN

Not Listed for Sale

Detached

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Northwest Indiana Association of REALTORS® Copyright 2025 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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