GARY, IN 46408

Property Overview:

• Type: Single Family Home
• Size: 1,912 sqft
• Bedrooms / Bathrooms: 3 Bed / 2 Bath
• Year Built: 1927
• Basement: Yes, unfinished 
• Lot size: .109 ac lot

Property Highlights:

• Located in Gary’s Calumet Township, close to Indiana University Northwest, parks, and I-80/94
• A fully renovated 3/2 on the same street sold in just 6 days for $219K
• Room to add a 4th bedroom or a half bath to push resale value even higher
• Previously rented at about $800/mo, so it works as a flip or a BRRRR

Repairs Needed:

• Moderate to heavy renovation. The interior is outdated and needs a full clean-out and cosmetic update throughout.
• The basement needs water sealing and is ready to be finished for extra living space.
• The exterior is in overall good shape but needs new gutters.
• Estimated Repair Costs: $45K – $65K

ARV - $210,000 based on Comps:

• 3517 Buchanan St, Gary, IN 46408. Fully renovated 3 Bed / 2 Bath, 2,041 sqft with a finished basement (built 1940). Sold for $219,000 on 05/26/2026 after 6 days on market.
• 3636 Lincoln St, Gary, IN 46408. Fully remodeled 3 Bed / 2 Bath, 1,736 sqft with a finished basement (built 1949). Sold for $179,900 on 06/04/2026.
• 3771 Van Buren St, Gary, IN 46408. Fully renovated 5 Bed / 3 Bath, 3,633 sqft (built 1926). Sold for $252,000 on 03/04/2026.

Potential Returns:

• At $70K, there’s room for roughly $55K – $75K in profit on a flip after rehab and selling costs. Or renovate and rent it out as a long-term hold.

Remember, you miss 100% of the shots you don’t take, so don’t hesitate to submit that offer!

Call Mike Today at (219) 900-7007