5245 E 11th Place, Gary, IN 46403

$18,900
Property Type: Land Lot Size (sq. ft.): 26,572 Status: Active
Current Price: $18,900 List Date: 6/05/2026 Last Modified: 6/10/2026

Overview

Description

Rare oversized residential infill lot in Gary's Aetna/Miller-adjacent area. Approx. 0.61 acres with approx. 110 ft frontage and 110 x 242 estimated dimensions, offering significantly more land than a typical city lot. Located on a paved street near a large park, with convenient access to Miller Beach, Lake Michigan, Marquette Park, Miller Woods, Lake Street restaurants, South Shore train access, local schools, and major routes. This area has seen ongoing rehab activity, renewed investor interest, and long-term upside due to its proximity to Miller Beach and the Lake Michigan corridor. Deep lot configuration may appeal to a builder, investor, nearby homeowner, or long-term land hold buyer seeking extra space, privacy, garden area, garage/outbuilding potential, or future residential use subject to local requirements. Buyer to verify zoning, permitted use, setbacks, utilities, lot dimensions, boundaries, access, and buildability with the City of Gary/Lake County and/or a survey.

Listing Details MLS# 840198

General Property Information

Lot Size Acres
0.61
Lot Size Square Feet
26571.6
Lot Size Source
Owner
Association YN
No
Waterfront YN
No
List Price/Acre
30983.61

Property Features

Current Use: Residential; Vacant Electric: Other Listing Terms: Cash; Conventional; FHA; VA Loan; Other Lot Features: Other Possession: Close Of Escrow Possible Use: Investment; Manufactured Home; Residential; Single Family; Other Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public

Contract Information

Auction YN
No
Original List Price
18900
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Owner Name
RAINY DAY RESEARCH LLC

Location Tax and Legal

Street Number
5245
Street Direction Prefix
E
Street Name
11th
Street Suffix
Place
County
Lake
State
IN
Postal Code
46403
Subdivision Name
Aetna Manor 04

Remarks and Miscellaneous

Public Remarks
Rare oversized residential infill lot in Gary's Aetna/Miller-adjacent area. Approx. 0.61 acres with approx. 110 ft frontage and 110 x 242 estimated dimensions, offering significantly more land than a typical city lot. Located on a paved street near a large park, with convenient access to Miller Beach, Lake Michigan, Marquette Park, Miller Woods, Lake Street restaurants, South Shore train access, local schools, and major routes. This area has seen ongoing rehab activity, renewed investor interest, and long-term upside due to its proximity to Miller Beach and the Lake Michigan corridor. Deep lot configuration may appeal to a builder, investor, nearby homeowner, or long-term land hold buyer seeking extra space, privacy, garden area, garage/outbuilding potential, or future residential use subject to local requirements. Buyer to verify zoning, permitted use, setbacks, utilities, lot dimensions, boundaries, access, and buildability with the City of Gary/Lake County and/or a survey.

Status Change Information

Major Change Timestamp
2026-06-05T18:19:34Z
Major Change Type
New Listing
Status Change Timestamp
2026-06-05

More Information

Exemption Information

Exemption YN
No

Location, Tax, and Legal

Tax Annual Amount
348.07
Tax Year
2026
Tax Assessed Value
13500
Tax Legal Description
AETNA MANOR 4TH SUB. ALL L.6 BL.6
Parcel Number
450907128006000004
Township
Calumet
Directions
Drive south on South Lake St. Right to East 10th Ave. Left to Fayette St. Right to East 11th Place. Property is on the left.
Census Tract
115

Electric

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes
Other
Yes

Lot Features

Other
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Water Source

Public
Yes

Current Use

Residential
Yes
Vacant
Yes

Possible Use

Investment
Yes
Manufactured Home
Yes
Residential
Yes
Single Family
Yes
Other
Yes
Listing Office: Beycome Brokerage Realty LLC
Last Updated: June - 10 - 2026
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