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$114,875

For Sale

2 days ago

5012 Arthur St, Gary, IN

House

MLS® 843337

3 Bed

1 Bath

1696 sqft

1 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1696 sqft
Garage Yes
Taxes $950
Days Active 1
Lot Size 0.269 Acres
Approx. Age 1956
Avg. Price Per Sqft $67
MLS® Number 843337

Property Address: 5012 Arthur St, Gary, IN, 46404-1117

Average square foot calculated using Size range provided by listing agent.

Description

PRICED VERY AGGRESSIVELY with substantial ROI potential for the SAVVY investor or homeowner who knows an opportunity when they see one! And yes--we know--it is UGLY and smells like hell. It will not be winning any beauty contests but think of it as the "BEFORE" picture just waiting for somebody with vision, experience & skill to create the "AFTER." The initial cleanout and trash removal have been completed, but that is where the seller's work ends. Located SOUTH OF but near the Ridge Road corridor and conveniently positioned for access to I-65, I-80/94, shopping, employment and surrounding communities including Griffith, Highland and Merrillville. It offers investors a practical Northwest Indiana location with connections throughout the region and into Chicagoland. ALL bidders are welcome, but come prepared and expect it to be BUSY. Based on the list price and potential ROI, it is best to assume you will be competing. Electric and water are currently on. Cash offers must include current proof of funds held in the purchaser's name. Seller will not consider hard-money financing. A 5, 000 earnest-money deposit must be delivered by ACH transfer or wire within 48 hours following acceptance. Allow 2 business days for the seller's response to any offer. Multiple-offer notices will not be issued, and offers will be presented as received. Offers submitted without the required proof of funds or financing documentation will not be eligible for consideration. Seller will provide clear title but will make no repairs, alterations or improvements and will not permit any work to be performed before, during or after inspections. Property is being sold strictly AS IS, WHERE IS and exactly as you see it & smell it. Seller will not provide concessions before or after inspections. Serious buyers are strongly encouraged to complete their own due diligence before submitting an offer. Do your homework, sharpen your pencil, hold your nose and put your best foot forward. Its going to be BUSY!
MLS® Number843337
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1956
BasementCrawl Space
DrivewayAttached, Garage Faces Front, Off Street
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Rooms

Dining Room:Main Floor8 × 9 ft
Bedroom 2:Upper Level11 × 14 ft
Other:Upper Level11 × 14 ft
Living Room:Main Floor20 × 12 ft
Bonus Room:Lower Level20 × 21 ft
Kitchen:Main Floor8 × 12 ft
Bedroom 3:Upper Level10 × 10 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 3, 2026List Date
$114,875List Price
  • Commute

Commute

Starting Address
Destination Address
5012 Arthur St, Gary, IN

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