Gary, IN 46407

$55,000
Property Type: Residential Square Footage: 1,034 Lot Size (sq. ft.): 3,300 Status: Active
Current Price: $55,000 List Date: 5/05/2026 Last Modified: 5/05/2026

Overview

Description

Investor Special property with over 1,600+ sq ft ready for a complete renovation. This is a value-add project with strong upside for experienced investors. Property requires a full gut rehab and is priced accordingly. Ideal for fix-and-flip, BRRRR, or long-term rental strategy. Layout and size support a solid after-repair value with the right execution. Located in an active investor area with ongoing redevelopment and rental demand. Opportunity to force appreciation and build equity through renovation. Sold strictly as-is. Seller will make no repairs. Buyer responsible for all due diligence. Cash only. Serious inquiries only. Bring your contractors and your vision.

Listing Details MLS# 838285

General Property Information

New Construction YN
No
Rooms Total
Yes
Above Grade Finished Area
1034
Below Grade Unfinished Area
594
Living Area
1034
Living Area Source
Public Records
Year Built
1920
Garage YN
No
Lot Size Acres
0.0758
Lot Size Square Feet
3300
Lot Size Source
Public Records
Association YN
No
Waterfront YN
No
Basement YN
Yes
Fireplace YN
No
Bathrooms Half
0
Bathrooms Three Quarter
0
Below Grade Finished Area
0

Property Features

Appliances: None Basement: Unfinished; Other Construction Materials: Vinyl Siding Cooling: None Heating: None Interior Features: None Levels: 2-Sty Listing Terms: Cash Lot Features: Back Yard Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard View: None Water Source: Public Room Types: Other Room

Contract Information

Original List Price
55000
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Seller to consider offering concessions
No
Owner Name
Inspire Property Mgmt LLC
Occupant Type
Vacant

Location Tax and Legal

County
Lake
State
IN
Postal Code
46407
Subdivision Name
Gary Land Companys 11

Remarks and Miscellaneous

Public Remarks
Investor Special property with over 1,600+ sq ft ready for a complete renovation. This is a value-add project with strong upside for experienced investors. Property requires a full gut rehab and is priced accordingly. Ideal for fix-and-flip, BRRRR, or long-term rental strategy. Layout and size support a solid after-repair value with the right execution. Located in an active investor area with ongoing redevelopment and rental demand. Opportunity to force appreciation and build equity through renovation. Sold strictly as-is. Seller will make no repairs. Buyer responsible for all due diligence. Cash only. Serious inquiries only. Bring your contractors and your vision.

Status Change Information

Major Change Timestamp
2026-05-05T16:15:28Z
Major Change Type
New Listing
Status Change Timestamp
2026-05-05

More Information

Exemption Information

Exemption YN
No

Square Footage Information

Main Level Finished SqFt
1034
Upper Level Finished SqFt
0
Lower Level Finished SqFt
0

Showing Requirements

Showing Instructions
ALL SHOWINGS MUST SIGN WAIVER BEFORE ENTERING. HUGE HOLE IN THE FRONT. DO NOT ENTER UNTIL WAIVER IS SIGNED AND SENT OVER TO LISTING AGENT. Please Email ThExecutiveTeamRE@gmail.com

Room Types

Other Room Level
Main
Other Room
Yes

Location, Tax, and Legal

Tax Annual Amount
227.54
Tax Year
2025
Tax Assessed Value
8400
Tax Legal Description
GARY LAND CO'S. 11TH. SUBDIVISION ALL L.41 BL.8
Parcel Number
450809179010000004
Township
Calumet
Directions
From I-65, exit east on 15th Ave, then head north on Tyler St to property.
Census Tract
113

Appliances

None
Yes

Basement

Unfinished
Yes
Other
Yes

Construction Materials

Vinyl Siding
Yes

Cooling

None
Yes

Heating

None
Yes

Interior Features

None
Yes

Levels

2-Sty
Yes

Listing Terms

Cash
Yes

Lot Features

Back Yard
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

View

None
Yes

Water Source

Public
Yes

Room Information

Room Name Level Length Width
Other Main 47.00 22.00
Listing Office: LPT Realty LLC
Last Updated: May - 05 - 2026
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