501 W 41st Avenue, Gary, IN 46408

$40,000
Property Type: Land Lot Size (sq. ft.): 34,630 Status: Active
Current Price: $40,000 List Date: 5/27/2026 Last Modified: 5/27/2026

Overview

Description

Looking for land with potential? This oversized vacant parcel offers approximately 0.80 acres in an established Gary neighborhood with R-3 residential zoning. Plenty of space to explore future residential development possibilities while enjoying convenient access to nearby amenities and commuter routes. Permitted and special uses within the R-3 district may include single-family residential development, community and recreational uses, places of worship, day care facilities, parks, libraries, and other approved residential-supportive uses. Great opportunity for builders, investors, developers, or buyers ready to bring their vision to life. Buyer to verify zoning, utility availability, and intended uses with the City of Gary.

Listing Details MLS# 839616

General Property Information

Number Of Lots
Yes
Lot Size Acres
0.795
Lot Size Square Feet
34630
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
List Price/Acre
50314.47

Property Features

Current Use: Vacant Electric: Other Listing Terms: Cash Lot Features: Corner Lot Possession: Negotiable Possible Use: Commercial; Office; Residential Sewer: Public Sewer Special Listing Conditions: None Utilities: None View: Neighborhood Water Source: Public

Contract Information

Auction YN
No
Original List Price
40000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
501
Street Direction Prefix
W
Street Name
41st
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46408

Remarks and Miscellaneous

Public Remarks
Looking for land with potential? This oversized vacant parcel offers approximately 0.80 acres in an established Gary neighborhood with R-3 residential zoning. Plenty of space to explore future residential development possibilities while enjoying convenient access to nearby amenities and commuter routes. Permitted and special uses within the R-3 district may include single-family residential development, community and recreational uses, places of worship, day care facilities, parks, libraries, and other approved residential-supportive uses. Great opportunity for builders, investors, developers, or buyers ready to bring their vision to life. Buyer to verify zoning, utility availability, and intended uses with the City of Gary.

Status Change Information

Major Change Timestamp
2026-05-27T19:47:13Z
Major Change Type
New Listing
Status Change Timestamp
2026-05-27

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Vacant Lot - show at will

Location, Tax, and Legal

Tax Annual Amount
361
Tax Year
2024
Tax Assessed Value
10300
Tax Legal Description
99FT R/W IN NW1/4 SW1/4 S.28 T.36 R.8 LY'G SW OF 41ST AVE & NE OF JACKSON ST 0.7 95 AC
Parcel Number
450828403002000004
Additional Parcels YN
No
Township
Calumet
Directions
From 80/94, North on Broadway, West on 41st Ave - lot sits on south side of road
Census Tract
125

Electric

Other
Yes

Listing Terms

Cash
Yes

Lot Features

Corner Lot
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

None
Yes

View

Neighborhood
Yes

Water Source

Public
Yes

Current Use

Vacant
Yes

Possible Use

Commercial
Yes
Office
Yes
Residential
Yes
Listing Office: House Curate Company, LLC
Last Updated: May - 27 - 2026
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