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Single Family ResidenceResidential
$49,775$28 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 78How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

462 MATTHEWS ST

GARY, IN 46406
4
Beds
2 / 1
Baths
1,760 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$50K
$39K low$61K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$550 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$46,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$9,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$36,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$41,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$46,500

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLake
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1943
Lot (acres)The size of the land the home sits on, from county records.0.17
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
West Side Leadership AcademyF
High · Grades 9–12 · 0.8 mi
E
McCullough AcademyD+
Elementary · Grades KG–5 · 1.7 mi
M
Bailly STEM AcademyC-
Middle · Grades 6–8 · 6.0 mi

District: Gary Community School Corporation

Neighborhood · ZIP 46406These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.143
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.38

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.84%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.1%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.30%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.9,966
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.703 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$41,900
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$55,375
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

462 Matthews St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 97% of homes in Lake County
  • Costs less per square foot than 98% of homes in Lake County
  • Bigger than 78% of homes in Gary 46406
  • Has a bigger lot than 67% of homes in Gary 46406
  • Older than 81% of homes in Lake County

What homes are worth in Gary 46406

Each bar is how many homes fall in that price range. The marker is this home.

This home
$29K$191K

This home is worth more than 18% of homes in Gary 46406.

How it measures up in Gary 46406

The dot is this home. The mark in the middle is the typical home in Gary 46406.

Estimated value$49,775
CheaperTypical $72,519Pricier

Pricier than 18% of homes nearby

Price per ft²$28
CheaperTypical $64Pricier

Pricier than 7% of homes nearby

Living area1,760 ft²
SmallerTypical 1,150 ft²Bigger

Bigger than 78% of homes nearby

Lot size0.17 ac
SmallerTypical 0.14 acBigger

Bigger than 67% of homes nearby

Year built1940
OlderTypical 1952Newer

Newer than 24% of homes nearby

How 462 Matthews St ranks against every home in each area.
MeasureThis homeGary 46406Lake County
Estimated valuepricier than$49,77518% of homes3% of homes
Price per ft²pricier than$287% of homes2% of homes
Living areabigger than1,760 ft²78% of homes51% of homes
Lot sizebigger than0.17 ac67% of homes42% of homes
Year builtnewer than194024% of homes19% of homes

About 462 Matthews St

How much is 462 Matthews St, Gary, IN worth?

The TopHap Estimate for 462 Matthews St, Gary, IN is $49,775 as of Sep 24, 2026. The likely range is $38,966 to $60,584. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 462 Matthews St, Gary, IN?

462 Matthews St, Gary, IN has 4 bedrooms, 2 bathrooms, 1,760 square feet of living space and a 0.17-acre lot.

When was 462 Matthews St, Gary, IN built?

462 Matthews St, Gary, IN was built in 1940, making it 86 years old. The building has 1 story.

What schools serve 462 Matthews St, Gary, IN?

462 Matthews St, Gary, IN is assigned to West Side Leadership Academy (high), rated F; McCullough Academy (elementary), rated D+; Bailly STEM Academy (middle), rated C-. All sit in Gary Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 462 Matthews St, Gary, IN compare to other homes in Gary 46406?

Among the 3,579 homes in Gary 46406, it is worth more than 18% of them ($49,775 against a typical $72,519), its price per square foot is higher than 7% of them ($28 against a typical $64), it is bigger than 78% of them (1,760 ft² against a typical 1,150 ft²), its lot is bigger than 67% of them (0.17 ac against a typical 0.14 ac) and it is newer than 24% of them (1940 against a typical 1952). Measured against all of Lake County, it is worth more than 3% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 462 Matthews St, Gary, IN?

The 2024 property tax bill for 462 Matthews St, Gary, IN was $550. The county assessed it at $46,500.

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