5207 W 4th Place Gary, IN $ 139,500
5207 W 4th Place
$ 139,500
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5207 W 4th Place

Gary, IN, 46406
$ 139,500
Bedrooms3 Baths1.0 Sq 1,000

Monthly Estimate*

$ 859

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Single Family Home for sale in Gary, IN

for $139,500 with 3 bedrooms and 1 full bath. This 1,000 square foot home was built in 1952 on a lot size of 0.16.

Completely remodeled 3 bed, 1 bath home located less than two miles from I 90/I 94 and the Hard Rock Casino. The kitchen is new with shaker-style cabinetry and quartz counters; luxury vinyl plank flooring flows through the main living areas. Appliances are all newer including range, microwave, refrigerator, and dishwasher, and the home also includes a newer washer and dryer. Mechanical updates include a furnace, central air, and water heater. The kitchen, laundry room, and bathroom feature ceramic tile, and the bathroom has been recently fully renovated. Most interior doors and the majority of windows have been recently replaced; the roof is newer and the electrical system has been updated. This owner is offering all 8 income generating properties in their portfolio as a single package deal, creating a rare chance to acquire immediate cash flow, established tenants, and builtin scale from day one. Perfect for investors looking to expand rapidly, streamline management, or secure a high performing rental portfolio in one transaction. Schedule your showing today!

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Single Family Active

Price

$ 139,500

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,406

Style

Single Family Residence

Lot Size

0.16

Year Built

1952

Town/City

Gary

County/Region

Lake

MLS | Web ID

836348

Features
Interior
Interior Amenities Ceiling Fan(s) Recessed Lighting
Fireplace Y/N N
Above Grade Finished Area 1000
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 Central Natural Gas
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Dryer Washer Stainless Steel Appliance(s) Refrigerator Microwave Gas Water Heater Gas Range Dishwasher
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1952
View Neighborhood
Township Calumet
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Grand Calumet Add/Gary
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions From Burr & 5th Ave: North roof on Burr to 4th Pl East to home. Cornr of 4th Pl & Hanley St
City Gary
Lot Size Square Feet 6969.6
Listing Terms Cash VA Loan FHA Conventional
Property Attached Y/N N
Tax Annual Amount 1406.42
Standard Status Active
Legal Description GRAND CALUMET ADD. L.1 & 2 BL.3
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Exterior
Parking Features Off Street On Street Alley Access
Lot Features Corner Lot
Water Source Public
Lot Size Acres 0.16
Lot Size Source Public Records
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

$976
Per Month
88%
12%
0%
Monthly Principal & Interest
$859
Monthly Property Taxes
$117
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
4/1/2026$139,500 Listed Price

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5207 W 4th Place, Gary, IN, 46406 is a Single Family Home for sale at $139,500 with 1,000 sqft and a lot size of 0.16. 5207 W 4th Place has 3 bedrooms, 1.0 baths, and was built in 1952. The property's zip code is 46406 which is in Gary, IN