NOT LISTED FOR SALE

578 Lincoln St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $220,912 - $247,000

4 Beds
2.5 Baths
2,180 Sq Ft
$107/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $235,000 $108 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,819/month

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 3 Car Detached Garage
  • 1 Fireplace
  • Neighborhood Views
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Public Remarks: Welcome to luxury living at its finest! This meticulously designed 4-bedroom home features an open floor plan, a master suite with his-and-hers closets, and 2.5 beautifully appointed bathrooms. From the sensor-operated closet lights to the custom blinds and cozy fireplace, every detail has been carefully curated. The home boasts freshly finished hardwood floors complemented by recessed lighting, while the finished basement offers additional living space. Enjoy the convenience of designated laundry and utility rooms, along with a designated office space. Step outside to a new wooden deck, perfect for outdoor entertaining. With a new roof, AC unit, water heater, plumbing, and electrical systems, as well as all-new windows and doors, this home is truly move-in ready. Don't miss your chance to call this stunning property your own!

Last Agent to Sell the Property

Kenneth Townsel

Ellsbury Commercial Group LLC License #RB18000268 Listed on: 03/06/2024

Ellsbury Commercial Group LLC

Co-Listed By

Timothy Heath

Listing Leaders License #RB22001569

Last Buyer's Agent

Rashonda Frazier

Coldwell Banker Realty License #RB20001626

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1922

Lot Details

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

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Neighborhood Views
  • Basement

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

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 03 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-08-04-302-020.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 1922

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1922
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • Reso View: Neighborhood, Other
  • Co List Office Mls Id: NRA1690
  • Subdivision Name: Gary Land Companys 03
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range
  • Interior Amenities: In-Law Floorplan, Recessed Lighting
  • Flooring: Hardwood, Vinyl
  • Basement YN: Yes
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other
  • Acres: 0.143

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Heated Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6229
  • Parcel #: 45-08-04-302-020.000-004

Tax Info

  • Year: 2022
  • Tax Annual Amount: 552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 11, 2024
Sold by
Nas Investors Llc
Bought by
Stewart Demetrius and Stewart Shanna Mccauley
Seller's Agent
Kenneth Townsel
Ellsbury Commercial Group LLC
Buyer's Agent
Rashonda Frazier
Coldwell Banker Realty
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%
Views
98
Current Estimated Value
$232,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,022
Avg. Annual Appreciation
-1.83%
Original Mortgage
$230,743
Outstanding Balance
$227,336
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$1,779

Purchase Details

Closed on
Aug 5, 2022
Sold by
Carolyn Jelks
Bought by
Nas Investors Llc

Purchase Details

Closed on
Jun 22, 2015
Sold by
Fannie Mae
Bought by
Jelks Unto Carolyn

Purchase Details

Closed on
Mar 7, 2014
Sold by
Bailey Kenneth W and Bailey Margie
Bought by
Federal National Mortgage Association and Fannie Mae
Source: Public Records

Range of Values:

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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
Stewart Demetrius $235,000 Chicago Title
Nas Investors Llc -- Greater Indiana Title Company
Jelks Unto Carolyn -- Us Title
Federal National Mortgage Association $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Demetrius $230,743
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $235,000 +2.2% $108 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $230,000 -- $106 / 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 $6,586 $178,200 $7,600 $170,600
2023 $552 $74,700 $7,900 $66,800
2022 $552 $46,500 $5,000 $41,500
2021 $513 $43,100 $5,000 $38,100
2020 $508 $42,600 $5,000 $37,600
2019 $399 $32,300 $5,000 $27,300
2018 $390 $30,400 $4,700 $25,700
2017 $399 $30,900 $4,700 $26,200
2016 $408 $32,000 $4,700 $27,300
2014 $814 $92,600 $5,900 $86,700
2013 $739 $90,800 $5,900 $84,900
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Townsel

    Seller's Agent in 2024

    Kenneth Townsel

    Ellsbury Commercial Group LLC

    (219) 718-6971

    3 in this area

    66 Total Sales

    Kenneth Townsel
    Section Image
  • Timothy Heath

    Seller Co-Listing Agent in 2024

    Timothy Heath

    Listing Leaders

    (219) 487-6204

    1 in this area

    10 Total Sales

    Timothy Heath
    Section Image
  • Rashonda Frazier

    Buyer's Agent in 2024

    Rashonda Frazier

    Coldwell Banker Realty

    (708) 424-4000

    1 in this area

    57 Total Sales

    Rashonda Frazier
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 800438

Northwest Indiana Association of REALTORS®

APN: 45-08-04-302-020.000-004

Indiana Lake County Gary 46402 Downtown Gary

578 Lincoln St, Gary, IN

This home is located at 578 Lincoln St, Gary, IN 46402 since 06 March 2024 and is currently estimated at $232,978, approximately $106 per square foot. This property was built in 1922. 578 Lincoln St is a home located in Lake County with nearby schools including Beveridge 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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