PLEASE READ FULL DESCRIPTION
Rare *Lease Option* Fixer-Upper Opportunity
This property is being offered as a "Home Designer" Lease Option with a low entry cost and reasonable monthly rent. You have the freedom to renovate, repair and design the home as you work towards purchasing it. Perfect for the handy person who wants a flexible path into a real estate deal with a Lease Option.
Key Information:
-Flexible 5k-10k Down Payment "option consideration"
-$625 monthly rent
-12 month Lease Option
-Final Price = ($40,000 - your down payment + rent credits)
-Tenant is responsible for all ALL HOME UTILITIES & MAINTENANCE, renovation costs, getting proper permits and paying property taxes to Lake County
-NO SMOKING allowed within the dwelling unit
-Pets OK (with pet deposit)
-Send me a message with your phone number to discuss the terms to see if it's a good fit.
This is the perfect small-family home in need of a little love and attention to make it a comfortable, cozy and charming residence. Whether you are looking for a property to fix up and live in with your family OR you're an investor on the quest for your next rental or flip, you have arrived at the opportunity you've been seeking!
As you can see, much of the property is very much in tact and needs moderate cosmetic renovations. The roof is apprx 8-9 years old, there's upgraded electrical as well as newer windows. Built in 1952, this charming property offers wood frame construction, a 5,750sqft [quiet] corner lot, perimeter wood fence for privacy and 2 car driveway.
Rehab: Property needs cosmetic upgrades, a furnace, hot water heater, water lines ran from the street, gutters and downspouts on house, vegetation cleanup (I have a great referral for that!) minor exterior siding repair and exterior fence repair.
Please do your own due diligence. Any information can be deemed as reliable but not guaranteed.
If you're interested, please me a message with your phone number to discuss the terms to see if this is a good fit.
-Flexible 5k-10k Down Payment "option consideration"
-$625 monthly rent
-12 month Lease Option
-Final Price = ($40,000 - your down payment + rent credits)
-Tenant is responsible for all ALL HOME UTILITIES & MAINTENANCE, renovation costs, getting proper permits and paying property taxes to Lake County
-NO SMOKING allowed within the dwelling unit
-Pets OK (with pet deposit)
Sold for $20,000
$20,000
1537 E 35th Ct, Gary, IN 46409
2beds
1baths
825sqft
SingleFamily
Built in 1952
5,749 Square Feet Lot
$20,800 Zestimate®
$24/sqft
$1,439 Estimated rent
Home value
$20,800
$19,000 - $23,000
$1,439/mo
Zestimate® history
Owner options
List your home for rent
$1,439/mo
Rent Zestimate®
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$1,439/mo
Rent Zestimate®
Refinance and save
$101/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$101/mo
Est. payment
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List your homeWhat's special
Upgraded electricalWood frame constructionNewer windows
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Other
Cooling
- None
Appliances
- Included: Dryer, Washer
Features
- Basement: None
Interior area
- Total interior livable area: 825 sqft
Property
Parking
- Parking features: None
Lot
- Size: 5,749 sqft
Details
- Parcel number: 450822487005000004
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1952
Community & neighborhood
Location
- Region: Gary
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2025 | Sold | $20,000-23.1%$24/sqft |
Source: Public Record Report a problem | ||
| 9/29/2022 | Listed for rent | $625$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/29/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/8/2022 | Price change | $26,000-6.1%$32/sqft |
Source: Owner Report a problem | ||
| 9/5/2022 | Price change | $27,700-7.4%$34/sqft |
Source: Owner Report a problem | ||
| 8/26/2022 | Listed for sale | $29,900+779.4%$36/sqft |
Source: Owner Report a problem | ||
| 7/29/2015 | Sold | $3,400$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $697 +11.1% | $53,500 +92.4% |
| 2024 | $628 -2% | $27,800 +11.6% |
| 2023 | $641 +9.2% | $24,900 -0.4% |
| 2022 | $587 +0.9% | $25,000 +9.2% |
| 2021 | $582 +28.1% | $22,900 +0.9% |
| 2020 | $454 -22.6% | $22,700 |
| 2019 | $587 -2.2% | $22,700 |
| 2018 | $600 +18.1% | $22,700 -0.9% |
| 2017 | $508 | $22,900 -3.8% |
| 2016 | $508 +10.2% | $23,800 +20.8% |
| 2014 | $461 +5.8% | $19,700 +1.5% |
| 2013 | $436 -8.8% | $19,400 -5.8% |
| 2012 | $478 -30.5% | $20,600 -28.2% |
| 2011 | $688 +1.6% | $28,700 +5.9% |
| 2010 | $677 | $27,100 +1.5% |
| 2009 | -- | $26,700 +14.6% |
| 2007 | -- | $23,300 +529.7% |
| 2006 | -- | $3,700 |
| 2005 | -- | $3,700 |
Find assessor info on the county website
Neighborhood: Prairie Ridge
Nearby schools
GreatSchools rating
- NAMary M Bethune Early Child Development CenterGrades: PK-KDistance: 1.8 mi
- 4/10Bailly Preparatory AcademyGrades: 6-8Distance: 1.4 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 5.5 mi
- Indiana
- Lake County
- Hobart
- 46409
- Prairie Ridge
- 1537 E 35th Ct
