305 E 41st AvenueGary, IN 46409

Description

Unlock the potential of this Gary home situated on a spacious corner lot. 3BR, 1 Bath, full basement, huge upstairs bedroom. Portions of the renovation work have been begun, providing a head start for investors, rehabbers, or owner-occupants ready to finish the project and add their personal touch. Whether your goal is a profitable flip, a long-term rental, or creating home equity through improvements, this property offers plenty of upside in a market that continues to gain momentum. The surrounding area is experiencing ongoing home renovations and property improvements, helping to strengthen neighborhood appeal and contribute to rising property values. The oversized corner lot offers additional possibilities beyond the existing home, including potential space for a future attached or detached garage, expanded living area, outdoor entertaining space, or other improvements, subject to local zoning and permitting requirements. Northwest Indiana continues to attract new investment and development, making this an ideal time to secure a property with value-add potential. Bring your vision and creativity to transform this property into something special. Property is being sold as-is. Cash or renovation financing preferred. Hard money welcome.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1918

Living area

1,602 Sq Ft

Lot size

0.14 acres

Days on market

110

MLS^® Listing#

840882

Property Features

Appliances

None

Cooling

None

Heating

None

Basement

Full · Walk-Out Access · Unfinished · Partially Finished · Other

Parking

Off Street · Other

Laundry

Lower Level

Lot features

Corner Lot

Roof

Asphalt

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$326Tax year 2025

Assessed value

$8,100

Parcel number

450827304001000004

Directions

Broadway to 41st Ave, turn east property located on south side of street.