Closed

$182,500

8611 Lakewood Ave, Gary, IN 46403

3beds

2,462sqft

Single Family Residence

Built in 1963

7,579 Square Feet Lot

$388,600 Zestimate^®

$74/sqft

$1,772 Estimated rent

Home value

$388,600

$369,000 - $408,000

$1,772/mo

Zestimate^® history

Owner options

List your home for rent

$1,772/mo

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$1,772/mo

Rent Zestimate^®

Refinance and save

$921/mo

Est. payment

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$921/mo

Est. payment

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What's special

Opportunity knocks with this spacious tri-level home in the desirable Miller Beach area of Gary, Indiana! Featuring 3 bedrooms and 1.75 bathrooms, this home sits on a wooded lot offering privacy and natural beauty. With hardwood floors, large rooms, and a finished basement, there's endless potential to add value and create your dream home or profitable investment. Additional highlights include a 1-car attached garage, solid layout, and ample living space across multiple levels. Ideal for investors or buyers looking to earn sweat equity through renovations. Bring your vision and make this fixer-upper shine!Don't miss this investor special - just minutes from the lake and all Miller Beach has to offer! CASH ONLY. NO HARD OR PRIVATE MONEY!!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Rooms

Room types: Basement, Primary Bedroom, Living Room, Laundry, Kitchen, Dining Room, Den, Bedroom 3, Bedroom 2

Primary bedroom

Area: 179.69
Dimensions: 11.9 x 15.1

Bedroom 2

Area: 164.59
Dimensions: 10.9 x 15.1

Bedroom 3

Area: 111.72
Dimensions: 9.8 x 11.4

Basement

Area: 349.44
Dimensions: 20.8 x 16.8

Den

Area: 167.66
Dimensions: 10.1 x 16.6

Dining room

Area: 135.45
Dimensions: 12.9 x 10.5

Kitchen

Area: 89.25
Dimensions: 10.5 x 8.5

Laundry

Area: 131.2
Dimensions: 16.0 x 8.2

Living room

Area: 277.35
Dimensions: 12.9 x 21.5

Heating

Forced Air

Appliances

Included: None
Laundry: Laundry Room

Features

None
Basement: Finished
Has fireplace: No

Interior area

Total structure area: 2,462
Total interior livable area: 2,462 sqft
Finished area above ground: 1,895

Property

Parking

Total spaces: 1
Parking features: Attached, Driveway, Paved, On Street
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: One
Exterior features: Private Yard
Has view: Yes
View description: Neighborhood, Trees/Woods

Lot

Size: 7,579 Square Feet
Features: Back Yard, Private, Wooded, Rectangular Lot, Landscaped, Front Yard

Details

Parcel number: 450533327010000004
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Fixer
New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected, Water Connected, Sewer Connected

Community & HOA

Community

Subdivision: First Add

HOA

Has HOA: No

Location

Region: Gary

Financial & listing details

Price per square foot: $74/sqft
Tax assessed value: $213,900
Annual tax amount: $5,049
Date on market: 6/6/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Price history

Date	Event	Price
4/16/2026	Listing removed	$349,900$142/sqft
Source: NIRA as distributed by MLS GRID #834142 Report a problem
2/26/2026	Price change	$349,900-4.1%$142/sqft
Source: NIRA as distributed by MLS GRID #834142 Report a problem
2/17/2026	Listed for sale	$364,900+99.9%$148/sqft
Source: NIRA as distributed by MLS GRID #834142 Report a problem
2/11/2026	Listing removed	$2,400$1/sqft
Source: Zillow Rentals Report a problem
2/3/2026	Listed for rent	$2,400$1/sqft
Source: Zillow Rentals Report a problem
6/30/2025	Sold	$182,500-8.8%$74/sqft
Source: NIRA as distributed by MLS GRID #822141 Report a problem
6/20/2025	Pending sale	$200,000$81/sqft
Source: NIRA as distributed by MLS GRID #822141 Report a problem
6/6/2025	Listed for sale	$200,000+62.6%$81/sqft
Source: NIRA as distributed by MLS GRID #822141 Report a problem
5/2/2025	Sold	$123,000$50/sqft
Source: Public Record Report a problem
2/22/2025	Pending sale	--
Source: Hubzu REO #90117241846 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,989 +17.4%	$213,900 +7.5%
2024	$4,249 +12.5%	$198,900 +17.8%
2023	$3,776 +7.7%	$168,900 +14.6%
2022	$3,505 +2.3%	$147,400 +7.7%
2021	$3,425 +30.8%	$136,800 +2.3%
2020	$2,618 -5.6%	$133,700 +2.1%
2019	$2,774 +1.5%	$130,900 +5%
2018	$2,734 +4.1%	$124,700 +0.8%
2017	$2,626	$123,700 -3.9%
2016	$2,626 -10.6%	$128,700 +2.9%
2014	$2,937 +106%	$125,100 -2.3%
2013	$1,426 -1.2%	$128,100 +1.3%
2012	$1,443 -0.9%	$126,400 +0.4%
2011	$1,456 -32.7%	$125,900 +1.4%
2010	$2,162	$124,200 -3.3%
2009	--	$128,400 +13.2%
2007	--	$113,400 +10.6%
2006	--	$102,500
2005	--	$102,500
2004	--	$102,500 +174.8%
2003	--	$37,300
2002	--	$37,300 +199.8%
2001	--	$12,440