7937 Oak Avenue Gary, IN ^$ 225,000

7937 Oak Avenue

^$ 225,000

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Recently Listed

7937 Oak Avenue

Gary, IN, 46403

^$ 225,000

Studio Baths0.0

Monthly Estimate*

^$ 1,385

7937 Oak Avenue, Gary, IN 46403 - Image 1

7937 Oak Avenue, Gary, IN 46403 - Image 2

7937 Oak Avenue, Gary, IN 46403 - Image 3

Studio

Lots and Land for sale in Gary, IN

for $225,000. The lot size is 0.144.

Prime real estate in a treasured area that has the beauty of the lake and the community of a true neighborhood. ONE Block from the Lake with possible lake views depending on the build layout. This corner lot is just waiting for the perfect home

Lots and Land Active

Price

^$ 225,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,010

Style

Unimproved Land

Lot Size

0.144

Town/City

Gary

County/Region

Lake

MLS | Web ID

835621

Features

General

Sewer Other

Utilities Natural Gas Available Water Available Sewer Available

Electric Other

Township Calumet

Property Subtype Unimproved Land

Tax Year 2024

County Lake

Property Type Land

HOA N

Subdivision Name Miller Beach

Status Active

Directions County line road North to Oak Ave West. Corner of Randolph & Oak

City Gary

Lot Size Square Feet 6273

Listing Terms Cash Conventional

Tax Annual Amount 1010

Lease Considered Y/N N

Standard Status Active

Legal Description Legal Description: NORCOTT'S ADD INDIANA CITY BL.21 LOTS 2 & 3

Exterior

Lot Features Corner Lot

Water Source Public

Lot Size Acres 0.144

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Cindy Malmquist

Listing Agent

Key Realty Indiana, Llc

Broker

cinmalmquist@gmail.com

Affordability Calculator

$1,470

Per Month

Monthly Principal & Interest: $1,385
Monthly Property Taxes: $84
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

Lots and land listings in Gary, IN

Average List Price ^$54,654

Percent of Sale Price 76%

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
3/18/2026	$225,000		Listed Price

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7937 Oak Avenue, Gary, IN, 46403 is a Lots and Land for sale at $225,000 with a lot size of 0.144. 7937 Oak Avenue is a studio with 0.0 baths. The property's zip code is 46403 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 3/18/2026.

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7937 Oak Avenue

Lots and Land for sale in Gary, IN

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