Gary, IN

Not Disclosed
$ 55,000 Beds 0 Baths 0 Sq 1,034
Monthly Estimate* How much can I afford?

Investor Special property with over 1,600+ sq ft ready for a complete renovation. This is a value-add project with strong upside for experienced investors. Property requires a full gut rehab and is priced accordingly. Ideal for fix-and-flip, BRRRR, or long-term rental strategy. Layout and size support a solid after-repair value with the right execution. Located in an active investor area with ongoing redevelopment and rental demand. Opportunity to force appreciation and build equity through renovation. Sold strictly as-is. Seller will make no repairs. Buyer responsible for all due diligence. Cash only. Serious inquiries only. Bring your contractors and your vision.

Active

  • Price
  • $ 55,000
  • City
  • Gary
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • LAKE
  • Half Bathrooms
  • 0
  • Area
  • Gary
  • Lot Size
  • 0.0758 Acres
  • Zip
  • 46407
  • Sqr Footage
  • 1,034
  • Year Built
  • 1920
  • Taxes
  • $ 227
  • Style
  • Single Family Residence
  • MLS#
  • 838285
Listed By: Diana Espinoza with LPT Realty LLC - (877) 366-2213;
Data Source: Northwest Indiana REALTOR® Association (NIRA)

Features

General

Sewer Public Sewer
Heating None
Appliances None
Year Built 1920
View None
Township Calumet
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Lake
New Construction No
Property Type Residential
HOA No
Subdivision Name Gary Land Companys 11
Garage Y/N No
Total Rooms 1
Status Active
Directions From I-65,exit east on 15th Ave,then head north on Tyler St to property.
City Gary
Lot Size Square Feet 3300
Listing Terms Cash
Property Attached Y/N No
Tax Annual Amount 227.54
Standard Status Active
Tax Assessed Value 8400
Legal Description GARY LAND CO'S. 11TH. SUBDIVISION ALL L.41 BL.8

Interior Features

Interior Amenities None
Fireplace Y/N No
Above Grade Finished Area 1034
Room Type Other Room
LivingAreaSource Public Records

Exterior Features

Lot Features Back Yard
Water Source Public
Lot Size Acres 0.0758
Lot Size Source Public Records
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Crown Point, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/5/2026 Listed $55,000

Property vs Zip Code Average in 46407

Price
AVG $90K
$60K
Taxes
AVG $649
$227
Year Built
AVG 1936
1920
Visits
AVG 130
161
Data Provided by Inside Real Estate®

Gary, IN is a Single Family Home for sale at $55000 with 1034 sqft and a lot size of 0.0758 Acres Acre(s). Gary has 0 bedrooms, 0 baths and was built in 1920. The property's zip code is 46407 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.