NOT LISTED FOR SALE

553 Rhode Island Ct Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $48,000 - $147,000

4 Beds
2 Baths
5,271 Sq Ft
$18/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $15,000 $3 Per Sq Ft

Est. 540% increase in value since last sale

Current estimated payment $631/month

81 Days on Market

About This Home

As of January 2020

Come see this 2-unit townhome featuring upstairs living quartes and basement in need of your TLC. I am currently worn and would love my new owner restore my former beauty and bring me back to life. Schedule to view ME showing today!

Last Agent to Sell the Property

Nakia Dunlap

Residential Premier RealEstate License #RB14043553 Listed on: 10/09/2019

Last Buyer's Agent

Nakia Dunlap

Residential Premier RealEstate License #RB14043553 Listed on: 10/09/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,493

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42x125

Home Design

  • Brick Foundation

Interior Spaces

  • 5,271 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 450803402009000004

Community Details

Overview

  • 2 Units
  • Gary Land Companys 01 Subdivision

Building Details

  • Insurance Expense $500
  • New Taxes Expense $1,506

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,493

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Co List Office Mls Id: NRA1427
  • Subdivision Name: Gary Land Companys 01
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Flooring: None
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.12
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 42x125
  • Lot Size Sq Ft: 5227
  • ResoLotSizeUnits: Acres
  • Parcel #: 450803402009000004
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 500

Tax Info

  • New Taxes Expense: 1506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Gary Indiana Property Llc
Bought by
Vanglorious Holdings Llc
Current Estimated Value
$95,993

Purchase Details

Listed on
Oct 9, 2019
Closed on
Jan 28, 2020
Sold by
Martins Rilwan and Mar Aissafou
Bought by
Gary Indiana Property Llc
Seller's Agent
Nakia Dunlap
Residential Premier RealEstate
Buyer's Agent
Nakia Dunlap
Residential Premier RealEstate
List Price
$15,000
Sold Price
$15,000

Purchase Details

Closed on
Sep 13, 2018
Sold by
County Of Lake
Bought by
Martins Rilwan and Mar Aissatou

Purchase Details

Closed on
Apr 27, 2015
Sold by
Fannie Mae
Bought by
Evans Unto Questor

Purchase Details

Closed on
Jun 6, 2014
Sold by
Henderson Alberta
Bought by
Federal National Mortgage Association and Fannie Mae
Source: Public Records

Range of Values:

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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
Vanglorious Holdings Llc $35,000 Chicago Title
Gary Indiana Property Llc -- Indiana Title Network Co
Martins Rilwan $4,000 None Available
Evans Unto Questor -- Meridian Title Corp
Federal National Mortgage Association $3,800 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $15,000 0.0% $3 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $15,000 -- $3 / 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 $5,493 $64,800 $6,100 $58,700
2023 $1,527 $62,300 $5,500 $56,800
2022 $1,527 $59,600 $5,200 $54,400
2021 $1,412 $55,100 $5,200 $49,900
2020 $1,335 $52,100 $5,200 $46,900
2019 $1,135 $52,100 $5,200 $46,900
2018 $1,506 $54,700 $5,400 $49,300
2017 $1,228 $55,400 $5,400 $50,000
2016 $1,290 $57,700 $5,400 $52,300
2014 $973 $95,400 $6,600 $88,800
2013 -- $98,100 $6,600 $91,500
Source: Public Records

Agents Affiliated with this Home

  • Nakia Dunlap

    Seller's Agent in 2020

    Nakia Dunlap

    Residential Premier RealEstate

    (219) 201-2859

    5 in this area

    81 Total Sales

    Nakia Dunlap
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 464693

Northwest Indiana Association of REALTORS®

APN: 45-08-03-402-009.000-004

Indiana Lake County Gary 46402 Downtown Gary

553 Rhode Island Ct, Gary, IN

This home is located at 553 Rhode Island Ct, Gary, IN 46402 since 09 October 2019 and is currently estimated at $95,993, approximately $18 per square foot. This property was built in 1925. 553 Rhode Island Ct is a home located in Lake County with nearby schools including Daniel Hale Williams Elementary School, Gary Middle School, and West Side Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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