Unlock the potential of this Gary home situated on a spacious corner lot. 3BR, 1 Bath, full basement, huge upstairs bedroom. Portions of the renovation work have been begun, providing a head start for investors, rehabbers, or owner-occupants ready to finish the project and add their personal touch. Whether your goal is a profitable flip, a long-term rental, or creating home equity through improvements, this property offers plenty of upside in a market that continues to gain momentum. The surrounding area is experiencing ongoing home renovations and property improvements, helping to strengthen neighborhood appeal and contribute to rising property values. The oversized corner lot offers additional possibilities beyond the existing home, including potential space for a future attached or detached garage, expanded living area, outdoor entertaining space, or other improvements, subject to local zoning and permitting requirements. Northwest Indiana continues to attract new investment and development, making this an ideal time to secure a property with value-add potential. Bring your vision and creativity to transform this property into something special. Property is being sold as-is. Cash or renovation financing preferred. Hard money welcome.
Active
$89,000
305 E 41st Ave, Gary, IN 46409
3beds
1,602sqft
Single Family Residence
Built in 1918
6,229 Square Feet Lot
$-- Zestimate®
$56/sqft
$-- HOA
What's special
Full basementOversized corner lotHuge upstairs bedroomSpacious corner lot
- 22 days |
- 197 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Dennis Nichols,
Weichert, Realtors-Moke Agency 219-662-3000
Source: NIRA as distributed by MLS GRID,MLS#: 840882
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Bedroom 3
Primary bedroom
- Level: Main
- Area: 144
- Dimensions: 12.0 x 12.0
Bedroom 2
- Level: Main
- Area: 144
- Dimensions: 12.0 x 12.0
Bedroom 3
- Level: Upper
- Area: 572
- Dimensions: 26.0 x 22.0
Kitchen
- Level: Main
- Area: 240
- Dimensions: 12.0 x 20.0
Living room
- Level: Main
- Area: 196
- Dimensions: 14.0 x 14.0
Heating
- None
Appliances
- Included: None
- Laundry: Lower Level
Features
- None
- Basement: Full,Walk-Out Access,Unfinished,Partially Finished,Other
- Has fireplace: No
Interior area
- Total structure area: 1,602
- Total interior livable area: 1,602 sqft
- Finished area above ground: 1,342
Property
Parking
- Parking features: Off Street, Other
Features
- Levels: One
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,229 Square Feet
- Features: Corner Lot
Details
- Parcel number: 450827304001000004
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer
- New construction: No
- Year built: 1918
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Pleitners Add 01
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $8,100
- Annual tax amount: $326
- Date on market: 6/18/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,332/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $89,000+17700%$56/sqft |
Source:  NIRA as distributed by MLS GRID #840882 Report a problem | ||
| 10/24/2019 | Sold | $500-99.3% |
Source: Public Record Report a problem | ||
| 12/15/2006 | Sold | $73,000+4194.1%$46/sqft |
Source: NIRA as distributed by MLS GRID #170605 Report a problem | ||
| 10/11/2005 | Sold | $1,700$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $203 -37.5% | $8,400 +3.7% |
| 2024 | $325 -0.8% | $8,100 -37.2% |
| 2023 | $328 +2.4% | $12,900 +0.8% |
| 2022 | $320 -55.7% | $12,800 +2.4% |
| 2021 | $722 +14% | $12,500 -55.7% |
| 2020 | $634 -96.4% | $28,200 -11% |
| 2019 | $17,478 +16.1% | $31,700 |
| 2018 | $15,051 +1726.3% | $31,700 -0.9% |
| 2017 | $824 | $32,000 -17.5% |
| 2016 | $824 -9.7% | $38,800 -0.5% |
| 2014 | $913 +8.3% | $39,000 +4% |
| 2013 | $843 -2.6% | $37,500 +0.5% |
| 2012 | $865 -12.2% | $37,300 -9.2% |
| 2011 | $985 +1.9% | $41,100 +6.2% |
| 2010 | $967 | $38,700 -5.4% |
| 2009 | -- | $40,900 +22.1% |
| 2007 | -- | $33,500 +268.1% |
| 2006 | -- | $9,100 -55.4% |
| 2005 | -- | $20,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: University Park
Nearby schools
GreatSchools rating
- 3/10Glen Park AcademyGrades: K-5Distance: 1.2 mi
- 4/10Bailly Preparatory AcademyGrades: 6-8Distance: 0.8 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 5.2 mi
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- Indiana
- Lake County
- Gary
- 46409
- University Park
- 305 E 41st Ave
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