735 Carolina Street, Gary, IN 46402

$30,000
Property Type: Residential Square Footage: 1,100 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $30,000 List Date: 6/23/2026 Last Modified: 6/23/2026

Overview

Description

Investor special! Opportunity awaits with this value-add property being offered as part of a package deal. This home is in need of significant repairs and renovation but offers tremendous potential for investors, flippers or builders looking to capitalize on the areas growth. Property is being sold AS-IS. Bring your vision and transform this diamond in the rough into a property investment or cash flow!!! Package properties are 4455 Madison, 735 Carolina, 729 Carolina and 431 Roosevelt. Bring your offers NOW!

Listing Details MLS# 841104

General Property Information

New Construction YN
No
Above Grade Finished Area
1100
Below Grade Unfinished Area
1100
Living Area
1100
Living Area Source
Owner
Year Built
1917
Garage YN
Yes
Garage Spaces
Yes
Lot Size Acres
0.1
Lot Size Square Feet
4356
Lot Size Source
Owner
Association YN
No
Waterfront YN
No
Basement YN
Yes
Fireplace YN
No
Bathrooms Half
0
Bathrooms Three Quarter
0
Rooms Total
0
Below Grade Finished Area
0

Property Features

Appliances: None Basement: Unfinished Construction Materials: Brick Cooling: None Electric: Other Exterior Features: Private Yard Heating: None Interior Features: None Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash Lot Features: Back Yard; Few Trees; Front Yard; Near Public Transit Parking Features: Detached; Garage Faces Rear; Off Street; On Street Pool Features: None Possession: Close Of Escrow Property Condition: Fixer Roof: Shingle Sewer: Public Sewer Special Listing Conditions: None Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available; None View: Neighborhood Water Source: Public

Contract Information

Original List Price
30000
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
735
Street Name
Carolina
Street Suffix
Street
County
Lake
State
IN
Postal Code
46402
Subdivision Name
Gary Land Companys 01

Remarks and Miscellaneous

Public Remarks
Investor special! Opportunity awaits with this value-add property being offered as part of a package deal. This home is in need of significant repairs and renovation but offers tremendous potential for investors, flippers or builders looking to capitalize on the areas growth. Property is being sold AS-IS. Bring your vision and transform this diamond in the rough into a property investment or cash flow!!! Package properties are 4455 Madison, 735 Carolina, 729 Carolina and 431 Roosevelt. Bring your offers NOW!

Status Change Information

Major Change Timestamp
2026-06-23T03:55:47Z
Major Change Type
New Listing
Status Change Timestamp
2026-06-22

More Information

Exemption Information

Exemption YN
No

Square Footage Information

Main Level Finished SqFt
1100
Upper Level Finished SqFt
0
Lower Level Finished SqFt
0
Above Grade Unfinished SqFt
0
Basement Level Finished SqFt
0

Showing Requirements

Showing Instructions
Please provide a signed copy of HCD prior to property access.

Location, Tax, and Legal

Tax Annual Amount
948
Tax Year
2024
Tax Assessed Value
37800
Tax Legal Description
GARY LAND CO'S. 1ST SUB. ALL L.9 BL.43
Parcel Number
450803379009000004
Township
Calumet
Directions
From 4th ave, south on Carolina, property on the east side of Carolina.
Census Tract
105

Appliances

None
Yes

Basement

Unfinished
Yes

Construction Materials

Brick
Yes

Cooling

None
Yes

Electric

Other
Yes

Exterior Features

Private Yard
Yes

Heating

None
Yes

Interior Features

None
Yes

Levels

1-Sty/Ranch/Bungalow
Yes

Listing Terms

Cash
Yes

Lot Features

Back Yard
Yes
Few Trees
Yes
Front Yard
Yes
Near Public Transit
Yes

Parking Features

Detached
Yes
Garage Faces Rear
Yes
Off Street
Yes
On Street
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Property Condition

Fixer
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes
None
Yes

View

Neighborhood
Yes

Water Source

Public
Yes
Listing Office: Better Homes and Gardens Real
Last Updated: June - 23 - 2026
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