Skip main navigation
Active
  • $200,000

    420 Adams St, Gary, IN 46402

    6beds
    --sqft
    : 
    Loading
    Get pre-qualified
    Triplex
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime Downtown Gary Development OpportunityMore than just a parcel--this is a chance to be part of the bold next chapter in the City of Gary Indiana's comeback story that's already being written.This 10,000+ square foot lot, improved with an older brownstone triplex, is ideally located within walking distance of the planned revitalization of the South Shore Line Train Station--an anchor in the city's evolving transportation and redevelopment plans. Property is located within a designated Transit-Oriented Development (TOD) district--a key area identified in the 2023 Northwest Indiana TDD Strategic Implementation Plan.The site sits at the crossroads of public investment, regional strategy, and untapped potential. Looking for high-density housing or mixed-use development, this property is tailor-made for a project that aligns with Gary's long-term vision for smart growth and sustainable urban renewal.Yes, the aging triplex on the land needs a complete rehab before leasing units--but the real value isn't what stands today. It's what could rise tomorrow.This is a rare opportunity to create something transformative: a development that breathes new life into the block, builds community, and reflects the spirit of a city rebuilding with purpose. The vision is in motion. The framework is set. All that's needed now is the right developer--someone who sees more than a structure... someone who sees possibility.Gary is not just rebuilding structures--it's rebuilding trust, pride, and momentum. This is your opportunity to make a lasting impact. A statement project. A partnership with purpose. A stake in one of the Midwest's most compelling urban renewal stories.Property being sold As-Is, Where-Is
    357 days
    |
    250
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dennis Nichols,

    Weichert, Realtors-Moke Agency 219-662-3000

    Source: NIRA as distributed by MLS GRID,MLS#: 824001MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • None
      Appliances
      • Included: None
      Features
      • None
      • Basement: Daylight,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Finished area above ground: 2,492

      Property

      Parking
      • Parking features: Gravel, On Street, Off Street
      Features
      • Levels: Two
      • Patio & porch: Front Porch
      Lot
      • Size: 10,628 Square Feet
      • Features: Rectangular Lot
      Details
      • Parcel number: 450804281017000004
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Condition
      • Fixer
      • New construction: No
      • Year built: 1915

      Utilities & green energy

      • Sewer: None
      • Water: None
      • Utilities for property: None

      Community & HOA

      Community
      • Subdivision: Gary Land Companys 01
      Location
      • Region: Gary

      Financial & listing details

      • Tax assessed value: $87,300
      • Annual tax amount: $2,201
      • Date on market: 7/10/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,209/mo

        Price history

        DateEventPrice
        7/10/2025Listed for sale$200,000+589.7%
        Source: NIRA as distributed by MLS GRID #824001 Report a problem
        3/28/1999Sold$29,000
        Source: NIRA as distributed by MLS GRID #547881 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$635 -71.2%$27,100 +7.1%
        2024$2,201 +6.7%$25,300 -71%
        2023$2,062 +5.6%$87,300 +8.4%
        2022$1,952 $80,500 +5.6%
        2021$1,952 -6.2%$76,200
        2020$2,082 -17.2%$76,200 -26.8%
        2019$2,515 +15.4%$104,100
        2018$2,179 +55.4%$104,100 +6.2%
        2017$1,402 $98,000 +46.3%
        2016$1,402 -42.5%$67,000 -35.7%
        2014$2,439 +8.4%$104,200 +4.1%
        2013$2,249 -2.1%$100,100 +1.1%
        2012$2,297 -0.8%$99,000 +2.5%
        2011$2,316 -3.6%$96,600 +0.4%
        2010$2,404 $96,200 +23.3%
        2009-- $78,000 +4.7%
        2007-- $74,500 -23.4%
        2006-- $97,200
        2005-- $97,200 +425.4%
        2003-- $18,500
        2002-- $18,500 +199.8%
        2001-- $6,170

        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.
        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: Downtown

        Getting around

        61 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel