4785 Jefferson Street, Gary, IN 46408
Junedale Sub · Lake County
Key Facts
Description
Opportunity awaits! This charming all-brick Cape Cod sits on a desirable corner lot and is packed with potential. Featuring 3 bedrooms and 1.5 bathrooms, this home is nearly complete and just needs a few minor finishing touches to make it shine. Inside, you'll find a solid layout and a kitchen equipped with state-of-the-art appliances, all of which stay with the home. Whether you're an investor, flipper, or buyer looking to build instant equity, this property offers an excellent opportunity. The home is being sold Cash Only or may qualify for FHA 203(k) financing, making it a great option for buyers looking to finance the remaining improvements. With most of the work already completed, you can add the finishing touches and make it your own. A quick close is available, so don't miss your chance to own this well-built home with incredible potential. Schedule your showing today!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1947
Living Area
1,620 sq ft
Lot Size
0.14 acres
MLS® Listing#
842268
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$801
Tax year 2024
Assessed Value
$71,100
Parcel Number
450833277019000004
Directions
From I-80/94, take Exit 6B for Broadway (SR 53) and head south. Turn left on 45th Ave, then right on Jefferson St. Continue south to 4785 Jefferson St., located on the corner.
Affordability Calculator
$29,000
Estimated monthly payment
$772/mo
Principal $116,000 · Est. interest $161,830 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 3% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gary, IN.
Location
Getting Around
Points of Interest in Gary, IN
Showing the Gary area map.
Nearby Schools
Lew Wallace High School
Secondary · 0.3 mi away
Ascension Lutheran Christian School
School · 0.6 mi away
Bailly Preparatory Academy
Secondary · 0.8 mi away
Hosford Park Elementary School
Elementary · 1.0 mi away
My Safari Preparatory Academy
School · 1.1 mi away
Gary Lighthouse Charter School
School · 1.2 mi away
Selah Academy
School · 1.5 mi away
The Children's Learning Academy
School · 1.5 mi away
Andrean High School
Secondary · 1.5 mi away
Merrillville Intermediate School
Secondary · 1.6 mi away
Fieler Elementary School
Elementary · 1.7 mi away
Montessori Academy in the Oaks
Elementary · 2.0 mi away
Headstart
Secondary · 2.0 mi away
Gary Lighthouse Charter School
School · 2.0 mi away
Gary Area Career Center
Secondary · 2.1 mi away
Martin Luther King School Alt
School · 2.1 mi away
Ridge View Elementary School
Elementary · 2.3 mi away
Edgar L Miller Elementary School
Elementary · 2.3 mi away
Lake Ridge Middle School
Secondary · 2.3 mi away
Merrillville Community School Corporation
School · 2.4 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 |
|---|---|---|---|---|
| 4446 Madison Street, Gary, IN | $104,000 | 3 | 2 | 1,044 |
| 1567 Rutledge Street, Gary, IN | $104,900 | 2 | 1 | 832 |
| 2550 Harrison, Gary, IN | $105,000 | 2 | 1 | 975 |
| 1166 Mount Street, Gary, IN | $105,000 | 2 | 1 | 1,680 |
| 3516 Carolina Street, Gary, IN | $109,999 | 2 | 1 | 1,304 |
| 4701 Connecticut Street, Gary, IN | $110,000 | 3 | 2 | 1,488 |
Moving Cost Estimate
EXIT Agents in Gary
Listing Courtesy: New Chapter Real Estate - 2192278454
Presented by: Brittany Wolak
Last Updated: 2026-07-14