Great opportunity to own this estate property in Gary! This 3-bedroom, 1-bath home features central air conditioning, lead-free piping, a 1-car detached garage, and a backyard storage shed--perfect for additional storage. The property is being sold as-is and does need some work, making it ideal for investors or buyers looking to add their personal touch. Inside, you'll find a functional layout that's ready for your finishing touches. With solid potential and great value, this property is ready for your vision.
Active
Price cut: $7K (1/2)
$56,675
2425 Prospect St, Gary, IN 46407
3beds
1,056sqft
Est.:
Single Family Residence
Built in 1947
4,660.92 Square Feet Lot
$-- Zestimate®
$54/sqft
$-- HOA
What's special
Central air conditioningLead-free pipingFunctional layout
- 142 days |
- 524 |
- 18 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 02, 2026 at 09:42am
Listed by:
Tanika Fulgham,
Keller Williams Preferred Real 708-798-1111
Source: NIRA,MLS#: 827596
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Dining Room, Bedroom 3
Primary bedroom
- Description: buyer to verify all measurements
- Area: 100
- Dimensions: 10.0 x 10.0
Bedroom 2
- Description: buyer to verify all measurements
- Area: 100
- Dimensions: 10.0 x 10.0
Bedroom 3
- Description: buyer to verify all measurements
- Area: 100
- Dimensions: 10.0 x 10.0
Dining room
- Description: buyer to verify all measurements
- Area: 81
- Dimensions: 9.0 x 9.0
Kitchen
- Description: buyer to verify all measurements
- Area: 126
- Dimensions: 14.0 x 9.0
Living room
- Description: buyer to verify all measurements
- Area: 190
- Dimensions: 19.0 x 10.0
Heating
- Natural Gas
Appliances
- Included: None
- Laundry: Other
Features
- None
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
- Finished area above ground: 1,056
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Other
- Exterior features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,660.92 Square Feet
- Features: Back Yard
Details
- Parcel number: 450815184007000004
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Other
- Subdivision: Mid City Realty Companys Central
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $38,100
- Annual tax amount: $961
- Date on market: 9/12/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,382/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2026 | Price change | $56,675-11%$54/sqft |
Source: | ||
| 10/21/2025 | Price change | $63,700-8.9%$60/sqft |
Source: | ||
| 9/12/2025 | Listed for sale | $69,900$66/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $961 +3.3% | $38,800 +1.8% |
| 2023 | $930 +8.4% | $38,100 +5% |
| 2022 | $858 | $36,300 +8.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$286/mo
Principal & interest
$220
Property taxes
$46
Home insurance
$20
Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 3/10Daniel Hale Williams Elementary SchoolGrades: K-5Distance: 0.8 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 4.9 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 4.3 mi
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