5117 Broadway Gary, IN ^$ 40,000

5117 Broadway

^$ 40,000

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5117 Broadway

Gary, IN, 46409

^$ 40,000

Studio Baths0.0

Monthly Estimate*

^$ 250

Studio

Lots and Land for sale in Gary, IN

for $40,000. The lot size is 0.067.

Unlock endless possibilities with this vacant lot right on Broadway! Perfectly positioned in Gary, Indiana, this parcel offers high visibility and heavy traffic exposure, ideal for commercial ventures, development, or investment. Enjoy unbeatable convenience with easy access to I-94, I-65, and the Toll Road, connecting you to major hubs in minutes. Bring your vision to life on this versatile blank canvas in a growing area!

Lots and Land Active

Price

^$ 40,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 377

Style

Unimproved Land

Lot Size

0.067

Town/City

Gary

County/Region

Lake

MLS | Web ID

816712

Features

General

Sewer Public Sewer

Utilities Cable Available Water Available Sewer Available Natural Gas Available Electricity Available

Electric Other

View City

Township Calumet

Property Subtype Unimproved Land

Tax Year 2023

County Lake

Property Type Land

HOA N

Subdivision Name Broadway Gardens Add

Status Active

Directions Head south on Broadway from I-94

City Gary

Lot Size Square Feet 2919

Listing Terms Cash

Tax Annual Amount 377

Lease Considered Y/N N

Standard Status Active

Tax Assessed Value 10700

Legal Description BROADWAY GARDENS LOT 16 BL.16

Exterior

Lot Features Near Public Transit Rectangular Lot

Water Source Public

Lot Size Acres 0.067

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Brooklynn Ross

Listing Agent

Coldwell Banker Realty

Broker

brooklynn@bksellshomes.com

Affordability Calculator

$281

Per Month

Monthly Principal & Interest: $250
Monthly Property Taxes: $31
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Lots and land listings in Gary, IN

Average List Price ^$54,189

Percent of Sale Price 35%

About Gary, IN

71,243 Population

-31% Since 2002

^$29,286 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/8/2025	$40,000	-20.00%	Price Down
2/28/2025	$50,000		Listed Price

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5117 Broadway, Gary, IN, 46409 is a Lots and Land for sale at $40,000 with a lot size of 0.067. 5117 Broadway is a studio with 0.0 baths. The property's zip code is 46409 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/19/2025.

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5117 Broadway

Lots and Land for sale in Gary, IN

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