NOT LISTED FOR SALE

637 Buchanan St Gary, IN 46402

Downtown Gary Neighborhood

Estimated Value: $110,000 - $185,000

3 Beds
1.5 Baths
2,314 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $45,000 $19 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $931/month

15 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Enclosed Patio or Porch
  • Formal Dining Room
  • Country Kitchen
  • Cooling Available

About This Home

As of December 2016

Beautifully maintained 2 story brick home in the Horace Mann area of Gary. Wood burning Fireplace in Living Room, recently updated Kitchen, formal Dining Room, 4 bedrooms and enclosed front porch. Finished basement with bar area and 1/4 bathroom. 2 car detached garage.

Last Agent to Sell the Property

Gregory Myricks

McColly Real Estate License #RB14038505 Listed on: 08/31/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106

Year Built

  • Built in 1917

Lot Details

  • 5,625 Sq Ft Lot
  • Lot Dimensions are 45 x 125
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Country Kitchen
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Enclosed Patio or Porch

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 450804303006000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$106

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1917
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR166
  • Subdivision Name: Gary Land Companys 03
  • Architectural Style: Two Story
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 557
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Country Kitchen, Formal Dining, FP Living/Great Room
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Enclosed, Fence
  • Acres: 0.1291

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

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

Schools

  • Junior High Dist: Gary

Lot Info

  • Lot Dimensions: 45 X 125
  • Lot Size Sq Ft: 5625
  • Parcel #: 450804303006000004
  • Zoning Description: Residential

Tax Info

  • Year: 2013
  • Tax Annual Amount: 106

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Dec 7, 2016
Sold by
Chandler James I and Chandler Betty J
Bought by
Gaines Nina R
Seller's Agent
Gregory Myricks
McColly Real Estate
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$153,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,290
Avg. Annual Appreciation
13.92%
Original Mortgage
$44,184
Outstanding Balance
$37,215
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$102,457
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
Gaines Nina R -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaines Nina R $44,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2016 12/07/16 Sold $45,000 0.0% $19 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $45,000 -- $19 / 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 $1,136 $103,600 $7,300 $96,300
2023 $1,140 $93,400 $7,100 $86,300
2022 $1,140 $94,700 $4,500 $90,200
2021 $1,038 $87,400 $4,500 $82,900
2020 $1,024 $86,400 $4,500 $81,900
2019 $888 $82,000 $4,500 $77,500
2018 $867 $77,300 $4,300 $73,000
2017 $887 $78,400 $4,300 $74,100
2016 $914 $81,800 $4,300 $77,500
2014 $1,001 $90,100 $5,300 $84,800
2013 $954 $88,200 $5,300 $82,900
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gregory Myricks

    McColly Real Estate

    (219) 201-5712

    28 Total Sales

    Gregory Myricks
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR400835

Northwest Indiana Association of REALTORS®

APN: 45-08-04-308-006.000-004

Indiana Lake County Gary 46402 Downtown Gary

637 Buchanan St, Gary, IN

This home is located at 637 Buchanan St, Gary, IN 46402 since 31 August 2016 and is currently estimated at $153,290, approximately $66 per square foot. This property was built in 1917. 637 Buchanan 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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