Active

$155,000

1517 Rhode Island St, Gary, IN 46407

5beds

1,872sqft

$1,176/mo

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Single Family Residence

Built in 1963

6,011 Square Feet Lot

$151,800 Zestimate^®

$83/sqft

$-- HOA

What's special

Finished lower levelForced air heat

Exceptional value and versatility at 1517 Rhode Island Court! Ideal as an affordable primary home, turnkey rental, or cosmetic fix-and-flip, this spacious ranch offers 5 bedrooms, 2 full baths, and over 1,800 finished sq ft. The main level features a bright living room, functional kitchen with included gas range and refrigerator, three bedrooms, and a full bath. The finished lower level adds two more bedrooms, a second full bath, and a large 24x13 rec room. Key updates provide peace of mind, including a water heater and central A/C unit both installed approximately 7 years ago. Complete with forced air heat, low taxes, an attached 1.5-car garage with alley access, and quick access to I-80/94 and I65. Schedule your showing today!

3 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bonus Room, Primary Bedroom, Living Room, Kitchen, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2

Primary bedroom

Level: Main
Area: 120
Dimensions: 12.0 x 10.0

Bedroom 2

Level: Main
Area: 110
Dimensions: 11.0 x 10.0

Bedroom 3

Level: Main
Area: 110
Dimensions: 11.0 x 10.0

Bedroom 4

Level: Lower
Area: 110
Dimensions: 11.0 x 10.0

Bedroom 5

Level: Lower
Area: 110
Dimensions: 11.0 x 10.0

Bonus room

Level: Lower
Area: 324.72
Dimensions: 24.6 x 13.2

Kitchen

Level: Main
Area: 140.8
Dimensions: 12.8 x 11.0

Living room

Level: Main
Area: 201.63
Dimensions: 14.1 x 14.3

Heating

Forced Air, Natural Gas

Appliances

Included: Range Hood, Refrigerator

Features

Ceiling Fan(s)
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,872
Total interior livable area: 1,872 sqft
Finished area above ground: 936

Property

Parking

Total spaces: 1.5
Parking features: Attached, Driveway, Alley Access, Garage Door Opener
Attached garage spaces: 1.5
Has uncovered spaces: Yes

Features

Levels: One
Patio & porch: Rear Porch
Pool features: None
Fencing: Partial
Has view: Yes
View description: Neighborhood

Lot

Size: 6,011 Square Feet
Features: Back Yard, Rectangular Lot, Paved, Front Yard, Few Trees

Details

Parcel number: 450810402001000004
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Davis & Holmes 01

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $83/sqft
Tax assessed value: $93,000
Annual tax amount: $1,073
Date on market: 10/8/2026
Listing agreement: Exclusive Agency
Listing terms: Cash,VA Loan,FHA,Conventional

Estimated market value

$151,800

$144,000 - $159,000

$1,885/mo

Price history

Date	Event	Price
10/8/2026	Listed for sale	$155,000+91.4%$83/sqft
Source: NIRA as distributed by MLS GRID #846505 Report a problem
3/6/2020	Sold	$81,000-1.2%$43/sqft
Source: NIRA as distributed by MLS GRID #464978 Report a problem
2/5/2020	Pending sale	$81,995$44/sqft
Source: McCormick Real Estate, Inc. #464978 Report a problem
12/15/2019	Price change	$81,995-2.4%$44/sqft
Source: McCormick Real Estate, Inc. #464978 Report a problem
11/13/2019	Listed for sale	$83,990+319.9%$45/sqft
Source: McCormick Real Estate, Inc. #464978 Report a problem
12/20/2018	Sold	$20,000-20%$11/sqft
Source: NIRA as distributed by MLS GRID #446141 Report a problem
12/4/2018	Pending sale	$25,000$13/sqft
Source: McCormick Real Estate, Inc. #446141 Report a problem
11/26/2018	Listed for sale	$25,000-37.3%$13/sqft
Source: McCormick Real Estate, Inc. #446141 Report a problem
6/6/2013	Listing removed	$39,900$21/sqft
Source: Moke Realty, Inc. #319154 Report a problem
12/7/2012	Listed for sale	$39,900$21/sqft
Source: Moke Realty, Inc. #319154 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,073 +9.2%	$99,100 +6.6%
2024	$983 -2.8%	$93,000 +7.8%
2023	$1,011 +7.4%	$86,300 +0.2%
2022	$942 +2.4%	$86,100 +6.3%
2021	$920 -17.7%	$81,000 +2%
2020	$1,118 +75.1%	$79,400 +42%
2019	$638 +36.1%	$55,900 -6.1%
2018	$469 +90.6%	$59,500 -1.8%
2017	$246	$60,600 -4.1%
2016	$246 +10.2%	$63,200 -1.7%
2014	$223 -54.5%	$64,300 -18.4%
2013	$491 -2%	$78,800 +2.5%
2012	$501 -49.5%	$76,900 -16.4%
2011	$992 -37.1%	$92,000 -9.2%
2010	$1,578	$101,300 +33.8%
2009	--	$75,700 +19.8%
2007	--	$63,200 +34.2%
2006	--	$47,100
2005	--	$47,100
2004	--	$47,100 +270.9%
2003	--	$12,700
2002	--	$12,700 +199.5%
2001	--	$4,240