1055 Wallace St, Gary, IN 46404 Property Records

Lake County property record for 1055 Wallace St, Gary, IN 46404

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,488 sqft · built 1940
Lot Size0.144 acres (6,273 sqft)
OwnerIndividual Name on Record
Tax Bill$1,217 (2024)
Deeds & MortgagesFeb 2020 Transfer
Flood ZoneZone X (minimal risk)
APN001-25-43-0195-0043

Property Details

APN / Parcel Number

Primary APN001-25-43-0195-0043
Alternative APNs
  • 45-08-07-208-009.000-004
  • 254301950043

Interior

Bedrooms3 Beds
Full Baths1 Bath
Plumbing Fixtures5 Plumbing Fixtures
Total Rooms3 Rooms
Stories2 Stories
Building Area1,488 sqft Living Area
Basement Area744 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1940
Construction TypeMasonry / Concrete Block
Roof MaterialAsphalt
Lot Area6,273 sqft (0.144 acres)
Lot Dimensions125 ft deep x 25 ft wide
Garage TypeDetached
Garage Area500 sqft
Parking Spaces2 Parking Spaces
Pool TypeAbove-Ground Pool

Utilities, Heating & Cooling

Heating SystemCentral
SewerConnected

Location & Zoning

Account Number001-25-43-0195-0043
Old Parcel Number254301950043
Street Address1055 WALLACE ST
CityGARY
StateIN
Zip46404-1818
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionGARY HOME & IMP. CO'S 1ST SUB.BL.7 LOTS 38 & 39
Legal SubdivisionGARY HOME & IMP COS 01
Legal Block7
Legal Lot Number38,39
JurisdictionLAKE IN
Township / Civil DivisionCALUMET
Census Block Group2
Census Block2010
Census Tract11000

Owner

Source: Lake County records, as of March 18, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on Record
Mailing Address4112 BARING AVE, EAST CHICAGO, IN 46312-2507
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Prior SaleJun 14, 2010 · Amount on Record
Last Transfer DateFeb 25, 2020
Transfer Doc0000013561
Record UpdatedJun 8, 2026

February 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionLAKE IN
Recording DateFeb 25, 2020
Property Address1055 WALLACE ST, GARY, IN 46404-1818
Document Number0000013561
Instrument DateFeb 25, 2020
Instrument13561
Transaction TypeTransfer
Record UpdatedMar 13, 2020
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Intrafamily Transfer
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address4112 BARING AVE EAST CHICAGO IN 463122507, EAST CHICAGO, IN 46312-2507

Tax Assessment & Valuation

Source: Lake County assessment roll, as of July 1, 2025

Property Jurisdictions

TypeName
StateIndiana
CountyLake County
County SubdivisionCalumet Township
MunicipalityGary City
Unified School DistrictGary Community School Corporation (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$101,600 (+121.35%) Land $10,500 Building $91,100$101,600 (+121.35%) Land $10,500 Building $91,100
2024$1,217.00 (+9.15%)
2023$45,900 (+6.25%) Land $5,600 Building $40,300$45,900 (+6.25%) Land $5,600 Building $40,300
2022$1,115.00$43,200 Land $3,000 Building $40,200$43,200 Land $3,000 Building $40,200

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective October 16, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims4 (2008–2020)
Claims Outside the SFHA4 of 4
Most Recent ClaimMay 2020 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 94% of Indiana
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemINDIANA AMERICAN WATER - NORTHWEST
private · serves 210,510 people · EPA ID IN5245015
Water SourceSurface water
Last State InspectionJun 2025
Lead3 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 482 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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