Property Attributes
- MLS#843887
- TypeSingle Family
- Listing Status Active
- CountyLAKE
- CityGary
- AreaGary
- NeighborhoodFred H Motts Add
- Zip46404
- StyleSingle Family Residence
- Year Built1952
- Taxes$ 2390
- Price$ 149,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1122
- Lot Size0.142 Acres
Data Source:
Northwest Indiana REALTOR® Association (NIRA)
Property Description
Welcome to your next turnkey investment property that generates immediate cash flow and is fully renovated. This professionally renovated ranch style home offers immediate cash flow with a reliable tenant already in place. Fully renovated in 2024, major improvements include a new roof, windows, drywall, electrical, plumbing, furnace, central A/C, flooring, doors, kitchen, bathroom, and more making this an excellent opportunity for an investor looking to add a low-maintenance property to their portfolio. The interior features an inviting open floor plan, durable luxury vinyl plank flooring, and a stylish galley-style kitchen offering plenty of cabinetry, a custom backsplash, and a clean, modern finish. The updated bathroom features custom tile work and contemporary finishes. Outside, enjoy a spacious backyard with plenty of room for outdoor use. A dependable, on-time-paying tenant has occupied the property since 2024 with no maintenance requests. The tenant pays all utilities, and the property is professionally managed and maintained in excellent condition. The tenant's lease expires May 2027. An excellent opportunity for investors seeking a fully renovated, stabilized rental with immediate income and minimal upfront work. Please do not disturb the tenant. Please allow a 24-48 hour notice when scheduling a showing.
| Price History | |
|---|---|
| 8/15/2026 | Listed $149,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Appliances | Gas Range,Stainless Steel Appliance(s),Refrigerator |
| Patio/Porch Features | Deck |
| Year Built | 1952 |
| View | Neighborhood |
| Township | Calumet |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Lake |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Fred H Motts Add |
| Garage Y/N | No |
| Total Rooms | 6 |
| Full Baths | 1 |
| Status | Active |
| Directions | Take 11th Ave. to Clark Road on to property. |
| City | Gary |
| Lot Size Square Feet | 6186 |
| Listing Terms | Cash,VA Loan,Conventional |
| Property Attached Y/N | No |
| Tax Annual Amount | 2390 |
| Standard Status | Active |
| Tax Assessed Value | 95300 |
| Legal Description | FRED H. MOTTS ADD. L.7 BL.1 EX. E. 7 FT. EX. E. 7 FT. L.8 BL.1 |
Interior Features
| Interior Amenities | Open Floorplan,Stone Counters |
|---|---|
| Fireplace Y/N | No |
| Above Grade Finished Area | 1122 |
| Laundry Features | Main Level |
| Total Bedrooms | 3 |
| Room Type | Bedroom 2,Primary Bedroom,Living Room,Laundry,Kitchen,Bedroom 3 |
| Total Baths | 1 |
Exterior Features
| Parking Features | On Street |
|---|---|
| Lot Features | Back Yard,Front Yard |
| Water Source | Public |
| Lot Size Acres | 0.142 |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing