Available
$45,900(ARV: $135,000)34% of ARV

Lake County, Gary, IN 46407

2 bd1 ba952 sfBuilt 1953

12 days ago

Gross spread$89,100

Description

For more details, Call/Text Lily: [contact details hidden] 2 Bed, 1 Bath, 952 SF home on a 9,801 SF lot, built in 1953. Vacant and currently livable, the property features a full unfinished basement, a good-condition brick foundation, and level flooring with no reported structural concerns. The approximately 10-year-old roof needs repairs, with possible water damage in one bedroom. The basement has a moisture odor, but no visible mold or flooding was reported. Utilities are available but were not tested. Major rehab includes kitchen, bathroom, and flooring updates, interior paint, installation of central A/C and a new furnace, and roof repairs. Great value-add opportunity for investors pursuing a flip or rental hold.

$/sqft vs market

This deal$48/sqft
Market median$137/sqft
Difference−65% below

Median of 8 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 feet952
Lot size9,801 sf
Year built1953
ConditionFull Rehab
OccupancyVacant
ParkingOn street

Systems & condition

Roof age4-10 yrs
HeatingOther
Air conditioningNone
FoundationFull basement
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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