Available
$79,900(ARV: $230,000)35% of ARV

Lake County, Gary, IN 46409

3 bd2 ba1,425 sfBuilt 1944

19 days ago

Gross spread$150,100

Description

Property Overview: This is NOT an assignment. We OWN this property Type: Single Family (Ranch) 3 bed, 2 bath Size: 1,425 sqft Lot size: 0.156 acres Year Built: 1944 Property Highlights: Detached 2 Car Garage Unfinished Basement Backyard Financial Details: Total Due Taxes for 2025 pay 2026: 1,940 Comps: Our ARV of $230,000 is based on the property being converted into a 4 bed, 3 bath brick home with a total of 2,131 sqft. This ARV assumes the basement will be finished, includes the detached 2.5-car garage, and includes finishes that would bring the property to a higher standard. 4656 Jefferson Place, Gary, IN 46408 – Sold: $255,000 | 3,456 sqft | 5 bed/3 bath | 04/30/2026 5136 Carolina Street, Gary, IN 46409 – Sold: $240,000 | 1,850 sqft | 5 bed/2 bath | 10/03/2025 933 E 44th Place, Gary, IN 46409 – Sold: $230,000 | 2,469 sqft | 4 bed/3 bath | 10/01/2025 4038 Rhode Island Street, Gary, IN 46409 – Sold: $226,000 | 1,566 sqft | 4 bed/3 bath | 12/05/2025 Contact Info: Eric Santos & Matthew Swain Housemart Inc Dispo. Team [contact details hidden]

$/sqft vs market

This deal$56/sqft
Market median$150/sqft
Difference63% below

Median of 49 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,425
Lot size6,795 sf
Year built1944
ConditionMajor Repair
OccupancyVacant
ParkingDetached Garage

Systems & condition

HeatingFurnace
Air conditioningWindow units
FoundationFull basement

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing34
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