2402 Polk Street Gary, IN ^$ 50,000

2402 Polk Street

^$ 50,000

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Recently Listed

2402 Polk Street

Gary, IN, 46407

^$ 50,000

Bedrooms3 Baths1.0 Sq 920

Monthly Estimate*

^$ 308

Single Family Home for sale in Gary, IN

for $50,000 with 3 bedrooms and 1 full bath. This 920 square foot home was built in 1952 on a lot size of 0.109.

Great Investment or Homeownership Opportunity! This 3-Bedroom, 1-bath home on the west side of Gary offers excellent potential for investors or buyers looking to make it their own. The property is ready for updates and personal touches. With its practical layout and convenient location near transportation, schools, and local amenities, this home provides a solid foundation for your next project or primary residence. Bring your vision and unlock the possibilities this property has to offer. Buyer and or buyer its agent to verify all room measurements. Property Sold as is. Sell will not make any repairs. Coldwell Banker will hold earnest money. Preliminary title has been done by Chicago Title.

Single Family Active

Price

^$ 50,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 105

Style

Single Family Residence

Lot Size

0.109

Year Built

1952

Town/City

Gary

County/Region

Lake

MLS | Web ID

834342

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 920

Half Baths 0

3/4 Baths 0

Total Bedrooms 3

Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Bedroom 3

Total Baths 1

General

Sewer Public Sewer

Heating Natural Gas

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

Appliances Gas Range Refrigerator

Garage Spaces 2224

Pool Features None

Year Built 1952

View Other

Township Calumet

Levels One

Property Subtype Single Family Residence

Tax Year 2024

Accessibility Accessible Bedroom Accessible Full Bath Accessible Doors

County Lake

New Construction N

Property Type Residential

HOA N

Subdivision Name Gary Park Add

Garage Y/N Y

Total Rooms 5

Full Baths 1

Status Active

Directions I-80 E/I-94 E (Borman Expy) toward US-6 E/Detroit. Take exit 9 towards Grant Street Turn right on W 25th Turn left onto to Filmore turn right on 24th avenue go 223 ft end on Polk Street

City Gary

High School District Gary

Lot Size Square Feet 4748

Listing Terms Cash

Property Attached Y/N N

Tax Annual Amount 105

Standard Status Active

Tax Assessed Value 40400

Legal Description GARY PARK ADD. L.1 BL.8 N. 12 1/2 FT. OF L.2 BL.8

Exterior

Fencing Fenced

Parking Features Detached

Lot Features Back Yard Front Yard

Water Source Public

Lot Size Acres 0.109

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Mary Cossey

Listing Agent

Coldwell Banker Realty

Broker

mlcossey@gmail.com

Affordability Calculator

$317

Per Month

Monthly Principal & Interest: $308
Monthly Property Taxes: $9
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Single family listings in Gary, IN

Average List Price ^$142,674

Percent of Sale Price 185%

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.

4001616 Elementary School

4001695 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/20/2026	$50,000		Listed Price

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2402 Polk Street, Gary, IN, 46407 is a Single Family Home for sale at $50,000 with 920 sqft and a lot size of 0.109. 2402 Polk Street has 3 bedrooms, 1.0 baths, and was built in 1952. 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 6.25% 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.

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 2/21/2026.

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2402 Polk Street

Single Family Home for sale in Gary, IN

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