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$188,000 Just Listed
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Property Description
555 Taft Place is a newly remodeled all brick home located in the historic Horace Mann area of Gary. The main level has an open concept layout that seamlessly combines the kitchen, dining and living room areas. The impressive kitchen is bright and airy with beautiful back splash wall tile and flooring, quartz counter tops, and is complete with stainless steel appliances. The charming dining area has plenty of natural light as well as recessed lighting on the main level. Also, on the main level are newly refinished hardwood floors throughout. There are 2 bedrooms and a sunroom that blends indoor comfort with outdoor beauty as it has lots of windows emitting in natural sunlight. The sunroom is perfect for morning coffee, evening relaxation or for hosting guests. The two full bathrooms, one on the main level and one in the basement have Italian inspired polished wall tile. There is a finished basement with new carpeting, a large laundry room, a full bathroom with a shower, and a potentially 3rd bedroom with a walk-in closet and storage space. Garage and fenced in backyard. This home is ideally located near major expressways for an easy commute West to Chicago or East to Michigan. It is near Hard Rock Casino, minutes to Miller Beach and Lake Etta and Bella Boos Play and Discovery Center. Meticulously finished, this is a MUST SEE!
Full Property Details
Full Property Details for 555 Taft Pl
General
- Price: $188,000
- Taxes: $1,232 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 842276
- Updated: Today (7/14/2026)
- Added to Site: Today
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s), Recessed Lighting, Other, Entrance Foyer
- Appliances: Gas Range, Stainless Steel Appliance(s), Refrigerator, Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Private Yard, Rain Gutters
Parking
- Garage Spaces: 1
- Parking Features: Detached, On Street, Garage Faces Rear, Garage Door Opener
Location
- County: Lake
- Township: Calumet
- Subdivision: Gary Land Companys 05
- Driving Directions: East from 5th Avenue turn right onto Taft Street, turn right and go one block, right onto Taft Place, home will be on the left.
School Information
- High School District: Gary
Heating & Cooling
- Heating Type: Forced Air, Natural Gas, Hot Water
Structural Information
- Square Feet: 1,532
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Lot Features: Back Yard, Landscaped, Front Yard, Few Trees
- Zoning: residential
Financial Considerations
- Tax Amount: $1,232
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: GARY LAND CO'S. 5TH SUB. L.24 B.8
- Property ID: 450805335009000004
Listed by McColly Real Estate
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Schools
Schools serving 555 Taft Pl
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Beveridge Elementary School 1234 Cleveland Street, Gary, IN 46404 | K-5 | 0.8 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 3.4 mi |
Bailly Preparatory Academy 4621 Georgia Street, Gary, IN 46409 | 6-8 | 5.1 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 555 Taft Pl
Date
Details
Price
Change
Source
7/14/2026
Listed
$188,000
1128.76%
MLS
2/03/2016
Sold
$15,300
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 555 Taft Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,228
—
$66,500
35%
2024
$1,228
-70%
$49,100
6%
2023
$4,082
248%
$46,300
1%
2022
$1,173
-68%
$45,800
8%
2020
$3,692
338%
$42,300
1%
2019
$842
—
$41,900
7%
2019
$842
—
$39,100
6%
2018
$841
-2%
$36,800
-1%
2017
$862
—
$37,100
-4%
2017
$862
1337%
$38,700
-31%
2016
$60
-51%
$56,200
1%
2015
$123
22%
$55,700
2%
2013
$101
3%
$54,600
1%
2012
$98
—
$54,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 555 Taft Pl
555 Taft Place, Gary, IN 46404 (MLS# 842276) is a Single Family property with 2 bedrooms and 2 full bathrooms. 555 Taft Place is currently listed for $188,000 and was received on July 14, 2026. Want to learn more about 555 Taft Place? Do you have questions about finding other Single Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

