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Single Family ResidenceResidential
$36,369$30 / 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 81How 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

550 CONNECTICUT ST

GARY, IN 46402
4
Beds
0
Baths
1,232 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.
3,136 ft²
Lot SizeThe size of the land the home sits on, from county records.
1912
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$36K
$29K low$43K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$267 (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.$9,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$4,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$5,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$9,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$9,900

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

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.0.07
ConstructionThe main material the home's frame and walls are built from.Brick
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.None
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Alley

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.

E
Daniel Hale Williams Elementary SchoolD+
Elementary · Grades KG–5 · 1.4 mi
H
West Side Leadership AcademyF
High · Grades 9–12 · 3.8 mi
M
Gary Middle School for the Visual and Preforming ArtsD+
Middle · Grades 6–8 · 4.7 mi

District: Gary Community School Corporation

Neighborhood · ZIP 46402These 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.174
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.36

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.79%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.3%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.41%
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.6,584
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.798 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$29,280
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$41,733
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%

Owner Tools

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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

550 Connecticut 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.

  • Among the least valuable homes in Lake County
  • Costs less per square foot than 98% of homes in Lake County
  • Smaller than 73% of homes in Lake County
  • Has a smaller lot than 96% of homes in Lake County
  • Older than 96% of homes in Lake County

What homes are worth in Gary 46402

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

This home
$21K$205K

This home is worth more than 12% of homes in Gary 46402.

How it measures up in Gary 46402

The dot is this home. The mark in the middle is the typical home in Gary 46402.

Estimated value$36,369
CheaperTypical $63,974Pricier

Pricier than 12% of homes nearby

Price per ft²$30
CheaperTypical $47Pricier

Pricier than 22% of homes nearby

Living area1,232 ft²
SmallerTypical 1,464 ft²Bigger

Bigger than 33% of homes nearby

Lot size3,136 ft²
SmallerTypical 0.11 acBigger

Bigger than 6% of homes nearby

Year built1912
OlderTypical 1923Newer

Newer than 12% of homes nearby

How 550 Connecticut St ranks against every home in each area.
MeasureThis homeGary 46402Lake County
Estimated valuepricier than$36,36912% of homesalmost no homes
Price per ft²pricier than$3022% of homes2% of homes
Living areabigger than1,232 ft²33% of homes27% of homes
Lot sizebigger than3,136 ft²6% of homes4% of homes
Year builtnewer than191212% of homes4% of homes

About 550 Connecticut St

How much is 550 Connecticut St, Gary, IN worth?

The TopHap Estimate for 550 Connecticut St, Gary, IN is $36,369 as of Aug 30, 2026. The likely range is $29,461 to $43,277. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 550 Connecticut St, Gary, IN last sell?

550 Connecticut St, Gary, IN last sold on Sep 7, 2022, according to the county's recorded deed.

How big is 550 Connecticut St, Gary, IN?

550 Connecticut St, Gary, IN has 4 bedrooms, 1,232 square feet of living space and a 0.07-acre lot.

When was 550 Connecticut St, Gary, IN built?

550 Connecticut St, Gary, IN was built in 1912, making it 114 years old. The building has 2 stories.

What schools serve 550 Connecticut St, Gary, IN?

550 Connecticut St, Gary, IN is assigned to Daniel Hale Williams Elementary School (elementary), rated D+; West Side Leadership Academy (high), rated F; Gary Middle School for the Visual and Preforming Arts (middle), rated D+. All sit in Gary Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 550 Connecticut St, Gary, IN compare to other homes in Gary 46402?

Among the 2,091 homes in Gary 46402, it is worth more than 12% of them ($36,369 against a typical $63,974), its price per square foot is higher than 22% of them ($30 against a typical $47), it is bigger than 33% of them (1,232 ft² against a typical 1,464 ft²), its lot is bigger than 6% of them (3,136 ft² against a typical 0.11 ac) and it is newer than 12% of them (1912 against a typical 1923). Measured against all of Lake County, it is worth more than almost no 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 550 Connecticut St, Gary, IN?

The 2024 property tax bill for 550 Connecticut St, Gary, IN was $267. The county assessed it at $9,900.

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