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Single Family ResidenceResidential
$229,467$247 / 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 74How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $225,000 on Jun 25, 2025

5007 W RIDGE RD

GARY, IN 46408
2
Beds
1
Baths
930 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.
0.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1932
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$229K
$169K low$290K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$225,000 · Jun 25, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$638 (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.$74,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$11,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$62,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$68,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$74,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLake
Lot (acres)The size of the land the home sits on, from county records.0.28
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
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Transaction History(2)

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
Calumet New Tech High SchoolC-
High · Grades 9–12 · 0.5 mi
M
Lake Ridge New Tech Middle SchoolC-
Middle · Grades 5–8 · 0.9 mi
E
Longfellow New Tech Elementary SchoolD-
Elementary · Grades KG–4 · 1.0 mi

District: Lake Ridge Schools

Neighborhood · ZIP 46408These 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.152
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

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.82%
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.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.15,433
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,581 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$45,667
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$57,120
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

5007 W Ridge Rd 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 more than 97% of homes in Gary 46408
  • Among the highest price per square foot in Gary 46408
  • Smaller than 90% of homes in Lake County
  • Has a bigger lot than 73% of homes in Gary 46408
  • Older than 84% of homes in Lake County

What homes are worth in Gary 46408

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

This home
$23K$248K

This home is worth more than 97% of homes in Gary 46408.

How it measures up in Gary 46408

The dot is this home. The mark in the middle is the typical home in Gary 46408.

Estimated value$229,467
CheaperTypical $104,490Pricier

Pricier than 97% of homes nearby

Price per ft²$247
CheaperTypical $77Pricier

Pricier than almost all homes nearby

Living area930 ft²
SmallerTypical 1,344 ft²Bigger

Bigger than 20% of homes nearby

Lot size0.28 ac
SmallerTypical 0.14 acBigger

Bigger than 73% of homes nearby

Year built1932
OlderTypical 1947Newer

Newer than 26% of homes nearby

How 5007 W Ridge Rd ranks against every home in each area.
MeasureThis homeGary 46408Lake County
Estimated valuepricier than$229,46797% of homes44% of homes
Price per ft²pricier than$247almost all homes95% of homes
Living areabigger than930 ft²20% of homes10% of homes
Lot sizebigger than0.28 ac73% of homes72% of homes
Year builtnewer than193226% of homes16% of homes

About 5007 W Ridge Rd

How much is 5007 W Ridge Rd, Gary, IN worth?

The TopHap Estimate for 5007 W Ridge Rd, Gary, IN is $229,467 as of Aug 30, 2026. The likely range is $169,248 to $289,686. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5007 W Ridge Rd, Gary, IN last sell?

5007 W Ridge Rd, Gary, IN last sold on Jun 25, 2025 for $225,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 5007 W Ridge Rd, Gary, IN?

5007 W Ridge Rd, Gary, IN has 2 bedrooms, 1 bathrooms, 930 square feet of living space and a 0.28-acre lot.

When was 5007 W Ridge Rd, Gary, IN built?

5007 W Ridge Rd, Gary, IN was built in 1932, making it 94 years old. The building has 1 story.

What schools serve 5007 W Ridge Rd, Gary, IN?

5007 W Ridge Rd, Gary, IN is assigned to Calumet New Tech High School (high), rated C-; Lake Ridge New Tech Middle School (middle), rated C-; Longfellow New Tech Elementary School (elementary), rated D-. All sit in Lake Ridge Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5007 W Ridge Rd, Gary, IN compare to other homes in Gary 46408?

Among the 6,271 homes in Gary 46408, it is worth more than 97% of them ($229,467 against a typical $104,490), its price per square foot is higher than almost all of them ($247 against a typical $77), it is bigger than 20% of them (930 ft² against a typical 1,344 ft²), its lot is bigger than 73% of them (0.28 ac against a typical 0.14 ac) and it is newer than 26% of them (1932 against a typical 1947). Measured against all of Lake County, it is worth more than 44% 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 5007 W Ridge Rd, Gary, IN?

The 2024 property tax bill for 5007 W Ridge Rd, Gary, IN was $638. The county assessed it at $74,200.

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