551 King St, Gary, IN 46406 Property Records

Lake County property record for 551 King St, Gary, IN 46406

Property Summary

Property Type	Single Family Home
Details	2 bd · 1 ba · 1,960 sqft · built 1959
Lot Size	0.112 acres (4,880 sqft)
Owner	Company Name on Record
Last Sale	$3,212,500 (Mar 2025)
Tax Bill	$1,214 (2024)
Deeds & Mortgages	Mar 2024 Transfer Apr 2024 Re-recorded Document
Flood Zone	Zone X (minimal risk)
APN	`001-25-43-0082-0012`

Property Details

APN / Parcel Number

Primary APN	`001-25-43-0082-0012`
Alternative APNs	`45-07-01-307-007.000-004` `254300820012`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	2 Rooms
Stories	1 Story
Building Area	1,960 sqft Living Area
Gross Area	2,352 sqft
1st Floor Area	784 sqft
Basement Area	784 sqft
Finished Basement	392 sqft
Unfinished Basement	392 sqft

Exterior

Year Built	Built 1959
Effective Year Built	Effective 1975
Construction Type	Frame
Roof Material	Asphalt
Lot Area	4,880 sqft (0.112 acres)
Lot Dimensions	122 ft deep x 40 ft wide
View / Lot	Alley
Garage Area	1,176 sqft

Utilities, Heating & Cooling

Heating System	Central
Heating Fuel	Gas
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	551 KING ST
City	GARY
State	IN
Zip	46406-1354
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	GARY CITY ESTATES L.12 BL.E
Legal Subdivision	GARY CITY ESTATES
Legal Block	E
Legal Lot Number	12
Jurisdiction	LAKE IN
Township / Civil Division	CALUMET
Census Block Group	3
Census Block	3025
Census Tract	10304

Owner

Source: Lake County records, as of July 21, 2026

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

Owner of Record	Company Name on Record
Mailing Address	3930 MAIN ST, EAST CHICAGO, IN 46312-2418
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Mar 1, 2024	Intrafamily Transfer, Transfer MERIDIAN TITLE
Apr 2, 2024	Re-recorded Document MTC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 28, 2025 · Amount on Record
Deed Sale	Mar 28, 2025 · Amount on Record
Prior Sale	Sep 26, 2024 · Amount on Record
Deed Document Number	2025510691
Prior Transfer Date	Feb 28, 2024
Prior Transfer Doc	0000009886
Record Updated	Oct 29, 2026

March 2024: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	LAKE IN
Recording Date	Mar 1, 2024
Property Address	551 KING ST, GARY, IN 46406-1354
Document Number	0000006468
Map Reference	MB 15 PG 28
Instrument	2024-506468
Transaction Type	Transfer
Record Updated	Mar 8, 2024
Title Company	MERIDIAN TITLE

Transaction

Tax	$0.00
Additional	Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	12598 FIRST ST, THORNTON, CO 80241-3821

April 2024: Re-recorded Document

Document Type	Re-recorded Document
Jurisdiction	LAKE IN
Recording Date	Apr 2, 2024
Property Address	551 KING ST, GARY, IN 46406-1354
Document Number	0000009886
Map Reference	MB 15 PG 28
Instrument Date	Feb 28, 2024
Instrument	2024-509886
Record Updated	Apr 9, 2024
Title Company	MTC

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	12598 FIRST ST, THORNTON, CO 80241-3821

Tax Assessment & Valuation

Source: Lake County assessment roll, as of December 29, 2025

Property Jurisdictions

Type	Name
State	Indiana
County	Lake County
County Subdivision	Calumet Township
Municipality	Gary City
Unified School District	Gary Community School Corporation (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$59,700 (+43.51%) Land $7,000 Building $52,700	$59,700 (+43.51%) Land $7,000 Building $52,700
2024	$1,214.00 (-15.22%)
2023		$41,600 (+10.64%) Land $7,000 Building $34,600	$41,600 (+10.64%) Land $7,000 Building $34,600
2022	$1,432.00	$37,600 Land $4,000 Building $33,600	$37,600 Land $4,000 Building $33,600

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (2008)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Sep 2008 · Severe Storms And Flooding

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 Risk	Not rated no burnable land within ember reach

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 System	INDIANA AMERICAN WATER - NORTHWEST private · serves 210,510 people · EPA ID IN5245015
Water Source	Surface water
Last State Inspection	Jun 2025
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 525 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: AT&T, T-Mobile.

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