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551 Rutledge St

Gary, IN 46404

4 bd 3 ba 1,964 sqft Built 1940 Lot 5,009 sqft single_family
Most recent sale
$244,925
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $244,925 Public Record
May 19, 2022 Sold $202,000 NIRA
Mar 4, 2022 Listed $209,000 MLS #508385
Oct 13, 2017 Listing removed $29,900 NIRA
Jul 24, 2017 Listed $29,900 MLS #419116
Sep 10, 2014 Listing removed $39,900 NIRA
Jul 15, 2014 Price changed $39,900 MLS #346379
Jun 20, 2014 Relisted $46,900 MLS #346379
Jun 18, 2014 Listing removed $46,900 NIRA
May 17, 2014 Listing removed $750 NIRA
May 5, 2014 Listed for rent $750 NIRA
Mar 26, 2014 Listed $46,900 MLS #346379
Aug 2, 2013 Listing removed $49,900 NIRA
Feb 17, 2013 Listed $49,900 MLS #322768
Oct 31, 2012 Listing removed $55,000 NIRA
Jul 31, 2012 Price changed $55,000 MLS #306571
Apr 30, 2012 Listed $70,000 MLS #306571
Feb 22, 2011 Listing removed $80,000 NIRA
Sep 15, 2010 Listed $80,000 MLS #272939

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $156,900 $6,600 $163,500 $2,001
2022 $37,700 $4,000 $41,700 $451
2019 $65,900 $4,000 $69,900 $60
2018 $62,100 $3,800 $65,900 $126
2017 $62,800 $3,800 $66,600 $60
2016 $65,700 $3,800 $69,500 $60
2008 $68,900 $6,000 $74,900 $377

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,964 sqft
Lot size
5,009 sqft
ZIP code
46404
City
Gary
Street
Rutledge St
Coordinates
41.60047, -87.36751

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 551 Rutledge St last sell?
551 Rutledge St most recently sold on May 23, 2022 for $244,925.
What is the current tax assessment for 551 Rutledge St?
The most recent total assessment for 551 Rutledge St (year 2024) is $163,500 with $2,001 in property tax.
How does 551 Rutledge St's assessment compare to its last sale price?
The current assessment is 33.2% below the last sale price of $244,925.
When was 551 Rutledge St built?
551 Rutledge St was built in 1940.
How does 551 Rutledge St compare to others on Rutledge St?
We track 8 other properties on Rutledge St. Browse the list under "Other properties on Rutledge St" to compare beds, baths, and sale history.
What are the property facts for 551 Rutledge St?
551 Rutledge St is a 4 bed, 3 bath, 1,964 sqft, 5,009 sqft lot single_family.
Is 551 Rutledge St a flip candidate?
Yes — 551 Rutledge St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 551 Rutledge St a tax-appeal candidate?
No — 551 Rutledge St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$214K
2026 Q4
$220.9K
ZIP 46404 — Median Price History + Forecast

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