242 McKinley St
Gary, IN 46404
4 bd 2 ba 2,163 sqft Built 1946 Lot 6,229 sqft single_family
Most recent sale
$163,631
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $163,631 | Public Record |
| Aug 12, 2022 | Sold | $165,000 | NIRA |
| Jun 24, 2022 | Price changed | $165,000 | MLS #513803 |
| Jun 7, 2022 | Listed | $169,900 | MLS #513803 |
| Feb 15, 2022 | Sold | $49,000 | NIRA |
| Nov 30, 2021 | Listed | $69,000 | MLS #504803 |
| Sep 26, 2011 | Listing removed | $52,900 | NIRA |
| Aug 3, 2011 | Price changed | $52,900 | MLS #286878 |
| May 17, 2011 | Listed | $55,000 | MLS #286878 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $127,300 | $8,600 | $135,900 | $1,638 |
| 2022 | $41,900 | $5,200 | $47,100 | $520 |
| 2021 | $34,200 | $5,200 | $39,400 | $463 |
| 2020 | $34,400 | $5,200 | $39,600 | $502 |
| 2019 | $37,000 | $5,700 | $42,700 | $559 |
| 2018 | $40,200 | $6,100 | $46,300 | $586 |
| 2017 | $41,200 | $6,100 | $47,300 | $597 |
| 2016 | $46,400 | $6,100 | $52,500 | $647 |
| 2015 | $48,400 | $7,200 | $55,600 | $1,193 |
| 2014 | $48,200 | $7,200 | $55,400 | $1,318 |
| 2013 | $47,000 | $7,200 | $54,200 | $3,199 |
| 2012 | $46,800 | $7,200 | $54,000 | $3,279 |
| 2011 | $33,200 | $7,200 | $40,400 | $2,521 |
| 2010 | $39,900 | $7,600 | $47,500 | $1,329 |
| 2009 | $42,900 | $6,800 | $49,700 | $1,732 |
| 2008 | $43,800 | $7,000 | $50,800 | $2,623 |
| 2005 | $34,700 | $6,000 | $40,700 | $814 |
Property facts
Year built
1946
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,163 sqft
Lot size
6,229 sqft
ZIP code
46404
City
Gary
Street
McKinley St
Coordinates
41.60642, -87.36336
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$982
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 242 McKinley St last sell?
242 McKinley St most recently sold on Aug 15, 2022 for $163,631.
What is the current tax assessment for 242 McKinley St?
The most recent total assessment for 242 McKinley St (year 2024) is $135,900 with $1,638 in property tax.
How does 242 McKinley St's assessment compare to its last sale price?
The current assessment is 16.9% below the last sale price of $163,631.
When was 242 McKinley St built?
242 McKinley St was built in 1946.
How does 242 McKinley St compare to others on McKinley St?
We track 8 other properties on McKinley St. Browse the list under "Other properties on McKinley St" to compare beds, baths, and sale history.
What are the property facts for 242 McKinley St?
242 McKinley St is a 4 bed, 2 bath, 2,163 sqft, 6,229 sqft lot single_family.
Is 242 McKinley St a flip candidate?
Yes — 242 McKinley St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 242 McKinley St a tax-appeal candidate?
No — 242 McKinley St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$214K
2026 Q4
$220.9K
ZIP 46404 — Median Price History + Forecast
Explore nearby
Geography
Other properties on McKinley St