East Chicago Value-Add Opportunity | 3 Bed / 2 Bath | $180K–$200K ARV
3729 Drummond St, East Chicago, IN 46312
3-bedroom, 2-bathroom single-family home offering 1,624 sq ft on a 3,821 sq ft lot. Built in 1913, this currently livable property features a full basement, vinyl siding, and an existing tenant generating $1,000/month.
Property Highlights
Tenant occupied | Lease expires May 2027
Current Rent: $1,000/month
Estimated Market Rent: $1,510/month
Full basement / Foundation reported in good condition
Original but functional electrical and plumbing
Vinyl siding
Original roof
No A/C | New furnace needed
Interior Rehab Scope
Update kitchen, bathrooms, and flooring
Install new furnace and A/C
Interior painting and cosmetic updates
Exterior Work Needed
Replace roof
General exterior maintenance
Estimated Rehab: $50K
ARV & Comparable Sales
Estimated ARV: $180K–$200K
3904 Elm St: Sold $250,000 | 4 Bed / 2.75 Bath | 1,861 Sq Ft | 03/31/2026
3833 Carey St: Sold $239,000 | 4 Bed / 2 Bath | 1,886 Sq Ft | 07/11/2025
3718 Hemlock St: Sold $160,000 | 4 Bed / 2 Bath | 1,480 Sq Ft | 09/23/2026
4004 Euclid Ave: Active at $289,988 | 6 Bed / 2 Bath | 1,716 Sq Ft
Investment Potential
Opportunity to renovate and target the projected $180K–$200K ARV or improve rental income toward the estimated $1,510/month market rent.
Call/Text Rob: (765) 615-4651
More About This Property
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $190,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $133,000.