Available
$114,900(ARV: $225,000)51% of ARV

Lake County, Gary, IN 46408

2 bd1 ba800 sfBuilt 1949

19 days ago

Gross spread$110,100

Description

Property Overview: This is NOT an assignment. We OWN this property Type: Single Family (Ranch) 2 bed, 1 full baths Size: 800 sqft Lot size: 0.127 acres Year Built: 1949 Property Highlights: Detached 2 Car Garage Unfinished Basement Backyard Financial Details: Total Due Taxes for 2025 pay 2026: 1,069 Comps: Our ARV of 225k is based on the property being a 3-bedroom, 2-bath home with 1,600 total finished sqft, including the finished basement, a detached 2-car garage, and updates that would bring the property to a higher standard. 5173 Virginia Street, Gary, IN 46409 – Sold – 225,000: 1,976 sqft | 4 bed / 2 bath | 01/21/2026 4256 Washington Street, Gary, IN 46408 – Sold – 207,500: 1,520 sqft | 3 bed / 2 bath | 12/19/2025 4455 Adams Street, Gary, IN 46408 – Sold – 205,000: 2,250 sqft | 4 bed / 2 bath | 04/23/2026 Contact Info: Eric Santos & Matthew Swain Housemart Inc Dispo. Team [contact details hidden]

$/sqft vs market

This deal$144/sqft
Market median$158/sqft
Difference9% below

Median of 11 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms2
Bathrooms1
Square feet800
Lot size5,532 sf
Year built1949
ConditionMajor Repair
OccupancyVacant
ParkingDetached Garage

Systems & condition

HeatingFurnace
Air conditioningCentral AC
FoundationFull basement

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing26
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