4138 W 20th Avenue Gary, IN $ 139,900
4138 W 20th Avenue
$ 139,900
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4138 W 20th Avenue

Gary, IN, 46404
$ 139,900
Bedrooms3 Baths1.0 Sq 981

Monthly Estimate*

$ 861

4138 W 20th Avenue, Gary, IN 46404 - Image 1
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Single Family Home for sale in Gary, IN

for $139,900 with 3 bedrooms and 1 full bath. This 981 square foot home was built in 1954 on a lot size of 0.115.

Discover a well maintained, income producing property in a quiet residential pocket of Gary's west side. This solid single family home offers dependable cash flow from day one, making it an excellent opportunity for investors seeking a turnkey addition to their portfolio. For those who want to move into their beautiful new home, the Lease is up on 3/31/26. Inside, the home features a comfortable layout with spacious living areas, generous bedroom sizes, and functional updates that support long term tenant satisfaction. The property has been cared for and stabilized, providing a reliable rental history and minimal upcoming maintenance needs. Outside, the home sits on a nicely sized lot with room for outdoor enjoyment, parking, and future value add potential. With the current tenant in place and paying fifteen fifty per month, this property delivers immediate returns without the downtime of leasing or renovations. Whether you're expanding your rental holdings or looking for a low maintenance investment, this home offers a strong blend of stability, affordability, and ongoing income.

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Single Family Active

Price

$ 139,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,157

Style

Single Family Residence

Lot Size

0.115

Year Built

1954

Town/City

Gary

County/Region

Lake

MLS | Web ID

834040

Features
Interior
Interior Amenities None
Fireplace Y/N N
Above Grade Finished Area 981
Half Baths 0
3/4 Baths 0
Laundry Features Gas Dryer Hookup Washer Hookup
Total Bedrooms 3
Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Bedroom 3
Total Baths 1
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General
Sewer Public Sewer
Heating Forced Air
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Microwave Refrigerator Range
Year Built 1954
Electric 100 Amp Service
View None
Township Calumet
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Tarrytown First Sub
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions Clark toW 21st Ave. East to Lane North to W. 20th home will be on your right-hand side. Okay to park in driveway or on the street
City Gary
Lot Size Square Feet 5009
Listing Terms Cash VA Loan FHA Conventional
Property Attached Y/N N
Tax Annual Amount 1157
Standard Status Active
Tax Assessed Value 99400
Legal Description TARRYTOWN FIRST SUBDIVISION ALL L.28 BL.4
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Exterior
Parking Features Driveway On Street
Lot Features Back Yard
Water Source Public
Lot Size Acres 0.115
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Jeff McCormick

Listing Agent

Mccormick Real Estate, Inc.

Broker

Jeff@MccormickRealestate.net

Email

Affordability Calculator

$958
Per Month
90%
10%
0%
Monthly Principal & Interest
$861
Monthly Property Taxes
$96
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2026$139,900 Listed Price

Map


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4138 W 20th Avenue, Gary, IN, 46404 is a Single Family Home for sale at $139,900 with 981 sqft and a lot size of 0.115. 4138 W 20th Avenue has 3 bedrooms, 1.0 baths, and was built in 1954. The property's zip code is 46404 which is in Gary, IN