712 E 40th Avenue, Gary, IN 46409
Great Gary Realty Companys Add 01 · Lake County
Key Facts
Description
Fixer-upper house with a spacious layout and with other nice houses on the same block. Needs repairs to roof and is being sold AS IS. Great potential for a flip or rental or primary residence. Handyman's special!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1956
Living Area
1,026 sq ft
Lot Size
0.14 acres
Garage Spaces
1
Days on Market
5
MLS® Listing#
840212
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Lot Features
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$203
Tax year 2024
Assessed Value
$8,100
Parcel Number
450827180016000004
Directions
Broadway to E. 40th Ave.
Affordability Calculator
$5,000
Estimated monthly payment
$133/mo
Principal $20,000 · Est. interest $27,902 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gary, IN
- 64
- Median Days on Market
- 1,356
- Median Sq Ft
- $92
- Median Price / Sq Ft
- 290
- Active Listings
- Its price per sq ft is 74% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gary, IN.
Location
Points of Interest in Gary, IN
Showing the Gary area map.
Nearby Schools
My Safari Preparatory Academy
School · 0.4 mi away
Bailly Preparatory Academy
Secondary · 0.8 mi away
Gary Area Career Center
Secondary · 0.9 mi away
Martin Luther King School Alt
School · 0.9 mi away
Lew Wallace High School
Secondary · 1.0 mi away
Ridge View Elementary School
Elementary · 1.4 mi away
Henry S. Evans Elementary School
Elementary · 1.4 mi away
Gary Lighthouse Charter School
School · 1.5 mi away
Gary Lighthouse Charter School
School · 1.5 mi away
Ascension Lutheran Christian School
School · 1.6 mi away
Selah Academy
School · 1.7 mi away
The Children's Learning Academy
School · 1.7 mi away
Hosford Park Elementary School
Elementary · 1.9 mi away
Theodore Roosevelt High School
Secondary · 2.1 mi away
Deep River Outdoor Education Ctr
School · 2.1 mi away
Mizpah Sda Junior Academy
Elementary · 2.2 mi away
Montessori Academy in the Oaks
Elementary · 2.4 mi away
Headstart
Secondary · 2.4 mi away
Andrean High School
Secondary · 2.5 mi away
Dr Bernard C Watson Academy
School · 2.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2221 Kentucky Street, Gary, IN | $18,000 | 2 | 1 | 672 |
| 4469 Johnson Street, Gary, IN | $18,000 | 2 | 1 | 1,048 |
| 4539 S Buchanan Street, Gary, IN | $18,500 | 3 | 1 | 1,186 |
| 2445 Diamond Street, Gary, IN | $18,500 | 4 | 2 | 2,368 |
| 861 Carolina Street, Gary, IN | $19,000 | 3 | 1 | 1,572 |
| 3443 Pennsylvania Street, Gary, IN | $19,000 | 2 | 1 | 668 |
Moving Cost Estimate
EXIT Agents in Gary
Listing Courtesy: Legacy Realty Group LLC - 2197565600
Presented by: Luke Mitchell
Last Updated: 2026-06-04