Fixer-upper house with a spacious layout and with other nice houses on the same block. Needs repairs to roof and is being sold AS IS. Great potential for a flip or rental or primary residence. Handyman's special!
Active
$25,000
712 E 40th Ave, Gary, IN 46409
3beds
1,026sqft
Single Family Residence
Built in 1956
6,098 Square Feet Lot
$-- Zestimate®
$24/sqft
$-- HOA
What's special
Spacious layout
- 31 days |
- 189 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Luke Mitchell,
Legacy Realty Group LLC 219-756-5600
Source: NIRA as distributed by MLS GRID,MLS#: 840212
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Living Room, Bedroom 3
Primary bedroom
- Level: Main
- Area: 110
- Dimensions: 11.0 x 10.0
Bedroom 2
- Level: Main
- Area: 100
- Dimensions: 10.0 x 10.0
Bedroom 3
- Level: Main
- Area: 90
- Dimensions: 9.0 x 10.0
Living room
- Level: Main
- Area: 216
- Dimensions: 12.0 x 18.0
Heating
- None
Appliances
- Included: None
Features
- None
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,026
- Total interior livable area: 1,026 sqft
- Finished area above ground: 1,026
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,098 Square Feet
- Features: Corner Lot
Details
- Parcel number: 450827180016000004
- Special conditions: Agent Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: Other
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Subdivision: Great Gary Realty Companys Add 01
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $24/sqft
- Tax assessed value: $8,100
- Annual tax amount: $203
- Date on market: 6/5/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $25,000+331%$24/sqft |
Source: | ||
| 11/21/2025 | Sold | $5,800+1060%$6/sqft |
Source: Public Record Report a problem | ||
| 7/11/2022 | Sold | $500-95.3% |
Source: Public Record Report a problem | ||
| 2/19/2002 | Sold | $10,700$10/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $203 -42% | $8,400 +3.7% |
| 2024 | $351 -0.1% | $8,100 -41.7% |
| 2023 | $351 +3% | $13,900 +1.5% |
| 2022 | $341 -71.8% | $13,700 +3% |
| 2021 | $1,207 +16.5% | $13,300 -71.8% |
| 2020 | $1,036 -95.9% | $47,100 -9.1% |
| 2019 | $24,967 +16.8% | $51,800 |
| 2018 | $21,378 +1590.4% | $51,800 -1.1% |
| 2017 | $1,265 | $52,400 -12.7% |
| 2016 | $1,265 -9.2% | $60,000 +0.8% |
| 2014 | $1,392 +8.7% | $59,500 +4.4% |
| 2013 | $1,281 -2.8% | $57,000 +0.4% |
| 2012 | $1,318 -27.1% | $56,800 -24.7% |
| 2011 | $1,808 +2.2% | $75,400 +6.5% |
| 2010 | $1,769 | $70,800 -6.7% |
| 2009 | -- | $75,900 +23.4% |
| 2007 | -- | $61,500 +38.2% |
| 2006 | -- | $44,500 |
| 2005 | -- | $44,500 +120.3% |
| 2002 | -- | $20,200 +200.1% |
| 2001 | -- | $6,730 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 1.5 mi
- 4/10Bailly Preparatory AcademyGrades: 6-8Distance: 0.8 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 5.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Lake County
- Gary
- 46409
- University Park
- 712 E 40th Ave





