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Single Family: MLS #838285 Gary, IN $ 55,000
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$ 55,000 Get more info
Single Family: MLS #838285
$ 55,000
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Single Family: MLS #838285

Gary, IN, 46407
$ 55,000
Baths0.0 Sq 1,034

Monthly Estimate*

$ 339

MLS #/Web ID: 838285 - Image 1
MLS #/Web ID: 838285 - Image 2
MLS #/Web ID: 838285 - Image 3
Studio

Single Family Home for sale in Gary, IN

for $55,000. This 1,034 square foot home was built in 1920 on a lot size of 0.0758.

Investor Special property with over 1,600+ sq ft ready for a complete renovation. This is a value-add project with strong upside for experienced investors. Property requires a full gut rehab and is priced accordingly. Ideal for fix-and-flip, BRRRR, or long-term rental strategy. Layout and size support a solid after-repair value with the right execution. Located in an active investor area with ongoing redevelopment and rental demand. Opportunity to force appreciation and build equity through renovation. Sold strictly as-is. Seller will make no repairs. Buyer responsible for all due diligence. Cash only. Serious inquiries only. Bring your contractors and your vision.

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Single Family Active

Price

$ 55,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 227

Style

Single Family Residence

Lot Size

0.0758

Year Built

1920

Town/City

Gary

County/Region

Lake

MLS | Web ID

838285
Features
Interior
Interior Amenities None
Fireplace Y/N N
Above Grade Finished Area 1034
Half Baths 0
3/4 Baths 0
Total Bedrooms 0
Room Type Other Room
Total Baths 0
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General
Sewer Public Sewer
Heating None
Appliances None
Year Built 1920
View None
Township Calumet
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Gary Land Companys 11
Garage Y/N N
Total Rooms 1
Full Baths 0
Status Active
Directions From I-65 exit east on 15th Ave then head north on Tyler St to property.
City Gary
Lot Size Square Feet 3300
Listing Terms Cash
Property Attached Y/N N
Tax Annual Amount 227.54
Standard Status Active
Tax Assessed Value 8400
Legal Description GARY LAND CO'S. 11TH. SUBDIVISION ALL L.41 BL.8
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Exterior
Lot Features Back Yard
Water Source Public
Lot Size Acres 0.0758
Lot Size Source Public Records
Waterfront Y/N N
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* Excluded Features
List By
Diana Espinoza

Listing Agent

Lpt Realty Llc

Broker

dmespinoza03@gmail.com

Email

Affordability Calculator

$358
Per Month
95%
5%
0%
Monthly Principal & Interest
$339
Monthly Property Taxes
$19
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/5/2026$55,000 Listed Price

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