2157 E 20th Avenue, Gary, IN 46407

$50,000
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,240 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $50,000 List Date: 9/02/2025 Last Modified: 6/03/2026

Overview

Description

Investor's dream opportunity! This 3-bedroom, 1-bath ranch with a 2-car detached garage has been fully gutted down to the studs, offering a true blank canvas for your next project—whether you're planning a fix-and-flip, rental, or custom renovation. Electrical, plumbing, and utilities are all currently turned on, making it easier to begin your rehab right away. Some newer windows are already installed, giving you a valuable head start. Located on an up-and-coming block with multiple nearby investor remodels and just minutes from the Hard Rock Casino, this property offers strong potential for sweat equity and long-term value in a desirable single-level layout.

Listing Details MLS# 827025

General Property Information

New Construction YN
No
Bedrooms Total
3
Bathrooms Full
Yes
Bathrooms Total
Yes
Rooms Total
Yes
Above Grade Finished Area
1240
Living Area
1240
Living Area Source
Owner
Year Built
1952
Garage YN
Yes
Garage Spaces
2
Lot Size Acres
0.1
Lot Size Square Feet
4356
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
Basement YN
No
Fireplace YN
No
Bathrooms Half
0
Bathrooms Three Quarter
0
Below Grade Finished Area
0

Property Features

Appliances: None Cooling: None Electric: 100 Amp Service Exterior Features: None Heating: None Interior Features: None Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash Lot Features: Back Yard Parking Features: Detached Possession: Close Of Escrow Sewer: Public Sewer Special Listing Conditions: None View: Neighborhood Water Source: Public Room Types: Primary Bedroom

Contract Information

Original List Price
47500
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
2157
Street Direction Prefix
E
Street Name
20th
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46407
Subdivision Name
N/A

Remarks and Miscellaneous

Public Remarks
Investor's dream opportunity! This 3-bedroom, 1-bath ranch with a 2-car detached garage has been fully gutted down to the studs, offering a true blank canvas for your next project—whether you're planning a fix-and-flip, rental, or custom renovation. Electrical, plumbing, and utilities are all currently turned on, making it easier to begin your rehab right away. Some newer windows are already installed, giving you a valuable head start. Located on an up-and-coming block with multiple nearby investor remodels and just minutes from the Hard Rock Casino, this property offers strong potential for sweat equity and long-term value in a desirable single-level layout.

Status Change Information

Major Change Timestamp
2026-06-03T18:22:45Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-03T18:22:45Z
Status Change Timestamp
2025-09-02

More Information

Bathroom Totals

Main Full
Yes

Exemption Information

Exemption YN
No

Square Footage Information

Main Level Finished SqFt
1240
Upper Level Finished SqFt
0
Lower Level Finished SqFt
0

Showing Requirements

Showing Instructions
The front door is unlocked for showings. Enter at your own risk—some flooring is missing or unstable, so please use caution and watch your step while inside.

Room Types

Primary Bedroom Level
Main
Primary Bedroom
Yes

Location, Tax, and Legal

Tax Annual Amount
401
Tax Year
2024
Tax Legal Description
CORRECTED PLAT OF MARSHALLTOWN ALL L.11 BL.8
Parcel Number
Tbd
Additional Parcels YN
No
Township
Calumet
Directions
Take 21st Avenue East to Missouri turn left, go to 20th Avenue and turn right, go to house.

Appliances

None
Yes

Cooling

None
Yes

Electric

100 Amp Service
Yes

Exterior Features

None
Yes

Heating

None
Yes

Interior Features

None
Yes

Levels

1-Sty/Ranch/Bungalow
Yes

Listing Terms

Cash
Yes

Lot Features

Back Yard
Yes

Parking Features

Detached
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

View

Neighborhood
Yes

Water Source

Public
Yes

Room Information

Room Name Level Length Width
Primary Bedroom Main 0.00 0.00
Listing Office: New Chapter Real Estate
Last Updated: June - 03 - 2026
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