5207 W 4th Place, Gary, IN 46406

$115,000
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,000 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $115,000 List Date: 4/01/2026 Last Modified: 6/09/2026

Overview

Description

Completely remodeled 3 bed, 1 bath home located less than two miles from I 90/I 94 and the Hard Rock Casino. The kitchen is new with shaker-style cabinetry and quartz counters; luxury vinyl plank flooring flows through the main living areas. Appliances are all newer including range, microwave, refrigerator, and dishwasher, and the home also includes a newer washer and dryer. Mechanical updates include a furnace, central air, and water heater. The kitchen, laundry room, and bathroom feature ceramic tile, and the bathroom has been recently fully renovated. Most interior doors and the majority of windows have been recently replaced; the roof is newer and the electrical system has been updated. This owner is offering all 8 income generating properties in their portfolio as a single package deal, creating a rare chance to acquire immediate cash flow, established tenants, and builtin scale from day one. Perfect for investors looking to expand rapidly, streamline management, or secure a high ...

Listing Details MLS# 836348

General Property Information

New Construction YN
No
Bedrooms Total
3
Bathrooms Full
Yes
Bathrooms Total
Yes
Rooms Total
5
Accessibility Features YN
No
Above Grade Finished Area
1000
Living Area
1000
Year Built
1952
Garage YN
No
Lot Size Acres
0.16
Lot Size Square Feet
6969.6
Lot Size Source
Public Records
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: Dishwasher; Dryer; Gas Range; Gas Water Heater; Microwave; Refrigerator; Stainless Steel Appliance(s); Washer Cooling: Central Air Flooring: Tile; Vinyl Heating: Central; Natural Gas Interior Features: Ceiling Fan(s); Recessed Lighting Laundry Features: Gas Dryer Hookup; Washer Hookup Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash; Conventional; FHA; VA Loan Lock Box Information: Combo Lot Features: Corner Lot Parking Features: Alley Access; Off Street; On Street Possession: Subject To Tenant Rights Roof: Asphalt Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: None Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Room Types: Bedroom 2; Bedroom 3; Kitchen; Living Room; Primary Bedroom

Contract Information

Original List Price
139500
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
5207
Street Direction Prefix
W
Street Name
4th
Street Suffix
Place
County
Lake
State
IN
Postal Code
46406
Subdivision Name
Grand Calumet Add/Gary

Remarks and Miscellaneous

Public Remarks
Completely remodeled 3 bed, 1 bath home located less than two miles from I 90/I 94 and the Hard Rock Casino. The kitchen is new with shaker-style cabinetry and quartz counters; luxury vinyl plank flooring flows through the main living areas. Appliances are all newer including range, microwave, refrigerator, and dishwasher, and the home also includes a newer washer and dryer. Mechanical updates include a furnace, central air, and water heater. The kitchen, laundry room, and bathroom feature ceramic tile, and the bathroom has been recently fully renovated. Most interior doors and the majority of windows have been recently replaced; the roof is newer and the electrical system has been updated. This owner is offering all 8 income generating properties in their portfolio as a single package deal, creating a rare chance to acquire immediate cash flow, established tenants, and builtin scale from day one. Perfect for investors looking to expand rapidly, streamline management, or secure a high performing rental portfolio in one transaction. This property does not have to be sold as a package it can be sold as a single sale. Schedule your showing today!

Status Change Information

Major Change Timestamp
2026-06-09T15:30:45Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-09T15:30:45Z
Status Change Timestamp
2026-04-01

More Information

Bathroom Totals

Main Full
Yes

Exemption Information

Exemption YN
No

Square Footage Information

Main Level Finished SqFt
1000
Upper Level Finished SqFt
0
Lower Level Finished SqFt
0

Showing Requirements

Showing Instructions
Please allow 48 hours to get tenant confirmation. Please use showing assist.

Room Types

Bedroom 2 Level
Main
Bedroom 3 Level
Main
Kitchen Level
Main
Living Room Level
Main
Primary Bedroom Level
Main
Bedroom 2
Yes
Bedroom 3
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Tax Annual Amount
1406.42
Tax Year
2024
Tax Legal Description
GRAND CALUMET ADD. L.1 & 2 BL.3
Parcel Number
450701255015000004
Additional Parcels YN
No
Township
Calumet
Directions
From Burr & 5th Ave: North roof on Burr to 4th Pl, East to home. Cornr of 4th Pl & Hanley St

Appliances

Dishwasher
Yes
Dryer
Yes
Gas Range
Yes
Gas Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Cooling

Central Air
Yes

Flooring

Tile
Yes
Vinyl
Yes

Heating

Central
Yes
Natural Gas
Yes

Interior Features

Ceiling Fan(s)
Yes
Recessed Lighting
Yes

Laundry Features

Gas Dryer Hookup
Yes
Washer Hookup
Yes

Levels

1-Sty/Ranch/Bungalow
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lock Box Information

Combo
Yes

Lot Features

Corner Lot
Yes

Parking Features

Alley Access
Yes
Off Street
Yes
On Street
Yes

Possession

Subject To Tenant Rights
Yes

Roof

Asphalt
Yes

Security Features

Carbon Monoxide Detector(s)
Yes
Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Neighborhood
Yes

Water Source

Public
Yes

Room Information

Room Name Level Length Width
Living Room Main 24.00 12.00
Kitchen Main 12.00 12.00
Primary Bedroom Main 12.00 10.00
Bedroom 2 Main 12.00 8.00
Bedroom 3 Main 12.00 8.00
Listing Office: McCormick Real Estate, Inc.
Last Updated: June - 09 - 2026
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