Looking for a property with ENORMOUS potential? This 2-bedroom, 1-bath cape cod style home sits on large lot and offers a great opportunity for an investor, contractor, or buyer looking to create a home of their own, with room to GROW!! The property needs your vision and personal touches and has plenty of potential for additions such as a pole barn, workshop or over sized garage to house your projects. With nearly half an acre of land, there is room to bring your ideas to life and make this property your own. Bring your vision and turn this property into something special!
Active
$104,900
1501 E Elm St, Gary, IN 46319
2beds
1,875sqft
Single Family Residence
Built in 1940
2,121 Square Feet Lot
$-- Zestimate®
$56/sqft
$-- HOA
What's special
Large lot
- 14 days |
- 477 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Joseph Burdick,
Weichert Realtors - Shoreline 219-864-8440,
Rashad Griffin,
Weichert Realtors - Shoreline
Source: NIRA as distributed by MLS GRID,MLS#: 843826
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen
Primary bedroom
- Level: Main
- Area: 350
- Dimensions: 25.0 x 14.0
Bedroom 2
- Level: Upper
- Area: 121
- Dimensions: 11.0 x 11.0
Kitchen
- Level: Main
- Area: 110
- Dimensions: 11.0 x 10.0
Living room
- Level: Main
- Area: 195
- Dimensions: 15.0 x 13.0
Heating
- Forced Air, Natural Gas
Appliances
- Included: None
Features
- Eat-in Kitchen, None
- Basement: Full,Walk-Out Access,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,875
- Total interior livable area: 1,875 sqft
- Finished area above ground: 1,875
Property
Parking
- Parking features: Off Street, On Street
Features
- Levels: One
- Patio & porch: Front Porch
- Exterior features: None
- Pool features: None
- Has view: Yes
- View description: Neighborhood, Other
Lot
- Size: 2,121 Square Feet
- Features: Back Yard, Wooded, Rectangular Lot, Front Yard, Few Trees, Corner Lot
Details
- Parcel number: 450736326001000001
- Zoning description: residential
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Water Available, Sewer Connected, Natural Gas Connected, Electricity Connected
Community & HOA
Community
- Subdivision: Kopelke Acres
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $53,000
- Annual tax amount: $285
- Date on market: 8/13/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Owner Assisted
Estimated market value
Not available
Estimated sales range
Not available
$1,520/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $104,900+314.7%$56/sqft |
Source:  NIRA as distributed by MLS GRID #843826 Report a problem | ||
| 1/30/2026 | Sold | $25,296$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $455 +7.5% | $60,100 +13.4% |
| 2024 | $423 +9.2% | $53,000 +6.9% |
| 2023 | $387 +12.1% | $49,600 |
| 2022 | $345 +12.1% | $49,600 +5.8% |
| 2021 | $308 -2.3% | $46,900 +1.3% |
| 2020 | $315 -17.2% | $46,300 +2.4% |
| 2019 | $381 -17.9% | $45,200 +11.3% |
| 2018 | $464 +39.1% | $40,600 -18% |
| 2017 | $334 | $49,500 -1.2% |
| 2016 | $334 +7.4% | $50,100 +3.9% |
| 2014 | $310 +7.9% | $48,200 +0.8% |
| 2013 | $288 -21.1% | $47,800 +0.2% |
| 2012 | $365 +29.6% | $47,700 +17.2% |
| 2011 | $281 -2.9% | $40,700 +4.1% |
| 2010 | $290 | $39,100 -17.9% |
| 2009 | -- | $47,600 +3.5% |
| 2007 | -- | $46,000 +10.3% |
| 2006 | -- | $41,700 |
| 2005 | -- | $41,700 +363.3% |
| 2002 | -- | $9,000 +200% |
| 2001 | -- | $3,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46319
Nearby schools
GreatSchools rating
- 3/10Longfellow Elementary SchoolGrades: K-4Distance: 0.4 mi
- 4/10Lake Ridge Middle SchoolGrades: 5-8Distance: 1.7 mi
- 3/10Calumet High SchoolGrades: 9-12Distance: 1.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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