Closed

$140,000

550 N Randolph Pl, Gary, IN 46403

4beds

1,567sqft

Single Family Residence

Built in 1957

7,448 Square Feet Lot

$242,500 Zestimate^®

$89/sqft

$1,979 Estimated rent

Home value

$242,500

$218,000 - $267,000

$1,979/mo

Zestimate^® history

Owner options

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$1,979/mo

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$1,979/mo

Rent Zestimate^®

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$913/mo

Est. payment

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$913/mo

Est. payment

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What's special

Discover the perfect opportunity to create your dream home in a fantastic location between the breathtaking Marquette Park & the vibrant Miller Beach community. This charming house is now available sold as is, and presents an incredible chance to customize & update according to your preferences. Boasting four bedrooms & two bathrooms. Cozy up in front of the fireplace during chilly nights, or enjoy the airy atmosphere provided by the vaulted ceilings that add a touch of grandeur to the home. With a 0pen concept living room and dining room, there is plenty of room for relaxation and entertainment.A new furnace and a newer hot water heater guarantee efficient performance, ensuring a comfortable living environment . The walk-out partially finished basement provides valuable additional living space, and is ready to be transformed into a versatile area to suit your needs. This is your chance to transform this well-located home into the haven of your dreams.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Rooms

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

Primary bedroom

Area: 169
Dimensions: 13 x 13

Bedroom 2

Area: 108
Dimensions: 12 x 9

Bedroom 3

Area: 100
Dimensions: 10 x 10

Bedroom 4

Area: 120
Dimensions: 12 x 10

Bathroom

Description: 3/4

Bathroom

Description: Full

Bonus room

Area: 434
Dimensions: 31 x 14

Kitchen

Area: 99
Dimensions: 11 x 9

Living room

Area: 156
Dimensions: 13 x 12

Heating

Forced Air, Natural Gas

Appliances

Included: Dishwasher, Dryer, Refrigerator, Washer
Laundry: Main Level

Features

Cathedral Ceiling(s), Primary Downstairs, Vaulted Ceiling(s)
Basement: Walk-Out Access
Number of fireplaces: 1
Fireplace features: Great Room, Living Room

Interior area

Total structure area: 1,567
Total interior livable area: 1,567 sqft
Finished area above ground: 1,092

Property

Parking

Parking features: Carport, Off Street
Has carport: Yes

Features

Frontage length: 60

Lot

Size: 7,448 Square Feet
Dimensions: 60 x 124
Features: Cul-De-Sac, Landscaped, Level, Paved, Sloped

Details

Parcel number: 450533301003000004

Construction

Type & style

Home type: SingleFamily
Architectural style: Raised Ranch
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1957

Utilities & green energy

Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Curbs, Sidewalks
Security: Security System
Subdivision: Lakewood Hills First Add

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $89/sqft
Tax assessed value: $101,600
Annual tax amount: $1,245
Date on market: 2/28/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
6/26/2026	Listing removed	$2,000$1/sqft
Source: Zillow Rentals Report a problem
6/19/2026	Listed for rent	$2,000+3.9%$1/sqft
Source: Zillow Rentals Report a problem
5/12/2024	Listing removed	--
Source: Zillow Rentals Report a problem
4/27/2024	Price change	$1,925-2.5%$1/sqft
Source: Zillow Rentals Report a problem
4/7/2024	Listed for rent	$1,975$1/sqft
Source: Zillow Rentals Report a problem
12/20/2023	Sold	$140,000-6.6%$89/sqft
Source: NIRA as distributed by MLS GRID #541545 Report a problem
11/18/2023	Listed for sale	$149,900$96/sqft
Source: NIRA as distributed by MLS GRID #541545 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,460 +212%	$189,800 +6.7%
2024	$1,429 +14.8%	$177,800 +47.8%
2023	$1,245 +8.5%	$120,300 +18.4%
2022	$1,147 +2.6%	$101,600 +7.4%
2021	$1,117 +21.5%	$94,600 +2.2%
2020	$920 -5.9%	$92,600 +2.4%
2019	$977 -50.3%	$90,400 +4.4%
2018	$1,968 +4.9%	$86,600 -1.7%
2017	$1,875	$88,100 -3.8%
2016	$1,875 +75.6%	$91,600 -3.3%
2014	$1,068 +7.8%	$94,700 +4.5%
2013	$991 -0.9%	$90,600 +0.2%
2012	$1,000 +1.1%	$90,400 +1.8%
2011	$989 -19.6%	$88,800 +1.3%
2010	$1,230	$87,700 -2.9%
2009	--	$90,300 +14.3%
2007	--	$79,000 +7.6%
2006	--	$73,400 -47.7%
2005	--	$140,400 +91.3%
2004	--	$73,400 +226.2%
2003	--	$22,500
2002	--	$22,500 +200%
2001	--	$7,500