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    Property profile & analytics

    1422 Connecticut St, Unit 30 Gary, IN 46407-1331

    • Residential income homes
    • 3,780 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 17, 2023
    Location Intelligence
    Property ID
    US31-0997524
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1422 Connecticut St

    Year built
    1948
    Construction
    WOOD
    Lot size
    0.24 lot acres
    Property size
    3,780 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    45-08-10-156-012.000-004
    APU
    450810156012000004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3348
    Latitude
    41.5885
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,152
    $7,900
    $8,500
    $16,400
    -
    $7,900
    $8,500
    $16,400

    Comparable in this City

    • Value Estimation by Request
      4,942 SF

      1381 Van Buren St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,942 SF
      1381 Van Buren St, Gary, IN 46407-1126
      View Details
    • Value Estimation by Request
      3,870 SF

      1976 Connecticut St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,870 SF
      1976 Connecticut St, Gary, IN 46407-2650
      View Details
    • Value Estimation
      $370,000
      7,474 SF

      603 20th Ave, Unit 615

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,474 SF
      603 20th Ave, Gary, IN 46407-2718
      View Details
    • Value Estimation
      $305,000
      2,310 SF

      1808 Georgia St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,310 SF
      1808 Georgia St, Gary, IN 46407-2358
      View Details
    • Value Estimation
      $330,000
      4,584 SF

      1113 Pennsylvania St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,584 SF
      1113 Pennsylvania St, Gary, IN 46407-1337
      View Details
    • Value Estimation
      $310,000
      4,092 SF

      1544 Connecticut St, Unit 46

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,092 SF
      1544 Connecticut St, Gary, IN 46407-2250
      View Details

    Similar Nearby for Sale

    • $469,000
      0.08 Acres

      Gary, IN Multifamily Investment

      Six-unit apartment building, 100% occupied.
      1301 Pennsylvania St, Gary, IN 46407
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      Gary, IN Triplex Opportunity

      Gutted triplex ready for transformation in up-and-coming Gary.
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    • $69,950
      Pending

      Four-Bedroom Duplex Investment Opportunity

      Two-unit property with renovation potential in Gary, Indiana.
      1715 Maryland St, Gary, IN 46407
      View Details
    • $94,000
      0.06 Acres

      Turnkey Rental Property, Gary, IN

      3-bedroom, 1-bath single-family home with immediate income.
      815 W 25Th Ave, Gary, IN 46407
      View Details
    • Contact for pricing

      Land Available in Gary, Indiana

      Land for sale at 2301 Broadway, Gary, Indiana.
      2301 Broadway, Gary, IN 46407
      View Details
    • New
      Contact for pricing
      0.08 Acres

      Vacant Land Ready For Construction

      Vacant lot with utilities ready for dream home construction.
      1141 Fillmore St, Gary, IN 46407
      View Details
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    1422 Connecticut St, Unit 30
    Gary, IN 46407-1331
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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