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Sold for $10,000
  • $10,000

    5056 Connecticut St, Gary, IN 46409

    3beds
    1,344sqft
    SingleFamily
    Built in 1949
    5,053 Square Feet Lot
    $-- Zestimate®
    $7/sqft
    $1,661 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,661/mo

    Zestimate® history
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    What's special

    Great investor opportunity on a single-family residence located just a few blocks from Merrillville, Indiana! Home is between Broadway and Pittman Square Park south of 49th ave. -3bed/1bath -1344sqft -built 1949 -5,053 sqft lot -Property needs full rehab, no plumbing or electrical -Some new windows have been installed WE ALSO OFFER A FLEXIBLE RENT-2-OWN OPTION!!! This residence has incredible potential and at a fantastic bargain price well below SEVENTY-FIVE 75% of its current market value ($81,600 on Realtor) ---Recent Comparable Sales: --- *4749 Adams St Gary - 3/1.5, 1500sqft - sold 6/29/2020 - $94,000 - 0.4mi away *431 W 49th Ave Gary - 3/1.5, 1217sqft - sold 4/15/2020 - $89,600 - 0.5mi away *1135 E 52nd Ave Merrillville - 3/1.5, 1144sqft - sold 2/27/2020 - $90,000 - 0.7mi away *5244 Carolina St Merrillville - 3/1, 1312sqft - sold 1/26/2020 - $91,900 - 0.4mi away *5236 Connecticut St Merrillville - 2/1, 1232sqft - sold 1/10/2020 - $88,500 - 0.2mi away *431 W 52nd Pl Merrillville - 3/1.5, 1188sqft - sold 11/20/2019 - $92,500 - 0.5mi away *5245 Adams St Merrillville - 3/1, 1080sqft - sold 11/05/2019 - $65,000 - 0.3mi away Buyer must have proof of funds. We require $2,500 EMD with Indiana Title Network Co. Please contact us ASAP as discounted properties (like this one) are sure to go quick. Thanks for your consideration and look forward to speaking with you!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other, Gas
    Cooling
    • None
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 1,344 sqft

    Property

    Parking
    • Parking features: None, Garage
    Features
    • Exterior features: Wood
    Lot
    • Size: 5,053 sqft
    Details
    • Parcel number: 450834305021000004

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1949

    Community & neighborhood

    Location
    • Region: Gary

    Other

    Other facts
    • Electricity not included in rent
    • Garbage not included in rent
    • Gas not included in rent
    • Water not included in rent

    Price history

    DateEventPrice
    6/2/2025Sold$10,000-21.3%$7/sqft
    Source: Public Record Report a problem
    12/27/2020Listing removed--
    Source: Owner Report a problem
    11/13/2020Listed for sale$12,700+159.2%$9/sqft
    Source: Owner Report a problem
    11/7/2020Listing removed$500
    Source: Owner Report a problem
    11/4/2020Listed for rent$500
    Source: Owner Report a problem
    11/8/2019Listing removed$4,900$4/sqft
    Source: McColly Real Estate #451549 Report a problem
    10/10/2019Price change$4,900-18.3%$4/sqft
    Source: McColly Real Estate #451549 Report a problem
    4/1/2019Listed for sale$6,000+1900%$4/sqft
    Source: McColly Real Estate #451549 Report a problem
    1/16/2015Sold$300
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$216 -2.8%$9,100 +5.8%
    2024$222 +18.7%$8,600 -2.3%
    2023$187 +7.3%$8,800 +20.5%
    2022$174 +0%$7,300 +7.4%
    2021$174 +28.1%$6,800
    2020$136 -48.5%$6,800
    2019$264 -1.1%$6,800 -9.3%
    2018$267 +45.7%$7,500
    2017$183 $7,500 -2.6%
    2016$183 -16.6%$7,700 -18.1%
    2014$220 +5.3%$9,400 +1.1%
    2013$209 -3.2%$9,300
    2012$216 -29.7%$9,300 -27.3%
    2011$307 -4.8%$12,800 -0.8%
    2010$322 $12,900 +4%
    2009-- $12,400 +20.4%
    2007-- $10,300 -44.9%
    2006-- $18,700
    2005-- $18,700

    Find assessor info on the county website

    Neighborhood: University Park

    Nearby schools

    GreatSchools rating