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For sale by owner
  • Price cut: $3K (3/21)
    $22,000

    4240 Delaware St, Gary, IN 46409

    4beds
    1,632sqft
    : 
    SingleFamily
    Built in 1927
    6,185 Square Feet Lot
    $-- Zestimate®
    $13/sqft
    $-- HOA

    What's special

    Spacious layout
    NO WHOLESALERS: END BUYERS ONLY Great opportunity for investors looking for their next value-add project! This 4-bedroom, 2-bath home is located in a desirable Gary zip code and offers tremendous potential for the right buyer. The property features over 1,600 sq ft of living space plus a basement, providing plenty of room to add value and maximize the potential after renovation. The property requires a full renovation, making it the perfect opportunity for a fix-and-flip or long-term rental investment. With a spacious layout and strong upside after rehab, this home provides the chance to create significant value. Located near local amenities, schools, and major roadways, the property sits in an area with steady investor activity and rental demand. Bring your contractor and your vision — opportunities like this at a great price point don’t last long. Property sold AS-IS. Buyer responsible for verifying all property details and condition. Excelente oportunidad de inversión en Gary! Esta casa de 4 dormitorios y 2 baños está ubicada en un código postal muy deseable y ofrece un gran potencial para el comprador adecuado. La propiedad necesita una renovación completa, lo que la convierte en una excelente opción para un proyecto de fix & flip o para agregar a un portafolio de renta a largo plazo. Con una distribución amplia y mucho potencial después de la rehabilitación, esta casa brinda la oportunidad de crear un gran valor. Ubicada cerca de escuelas, comercios y vías principales, en una zona con fuerte actividad de inversionistas y demanda de alquiler. Traiga a su contratista y su visión — oportunidades como esta a un excelente precio no duran mucho tiempo. La propiedad se vende TAL CUAL (AS-IS). El comprador debe verificar toda la información y la condición de la propiedad.
    25 days
    |
    1,273
    |
    75
    |
    Listed by:

    Property Owner (219) 781-5644

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Other
      Cooling
      • Central
      Features
      • Basement: Partially finished
      Interior area
      • Total interior livable area: 1,632 sqft

      Property

      Lot
      • Size: 6,185 Square Feet
      Details
      • Parcel number: 450827308016000004

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Frame
      • Foundation: Crawl/Raised
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1927

      Community & HOA

      Location
      • Region: Gary

      Financial & listing details

      • Price per square foot: $13/sqft
      • Tax assessed value: $11,700
      • Annual tax amount: $287
      • Date on market: 3/13/2026
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,828/mo

        Price history

        Price history
        DateEventPrice
        3/21/2026Price change$22,000-12%$13/sqft
        Source: Owner Report a problem
        3/19/2026Price change$25,000-13.8%$15/sqft
        Source: Owner Report a problem
        3/13/2026Listed for sale$29,000+5700%$18/sqft
        Source: Owner Report a problem
        3/15/2022Sold$500-99.3%
        Source: Public Record Report a problem
        5/9/2007Sold$75,000$46/sqft
        Source: NIRA as distributed by MLS GRID #182281 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$287 +16.9%$11,700 +2.6%
        2023$246 +159.5%$11,400 +18.8%
        2022$95 -58.4%$9,600 +159.5%
        2021$228 +29.6%$3,700 -58.4%
        2020$176 -99.6%$8,900 +1.1%
        2019$42,873 +10.2%$8,800 -10.2%
        2018$38,906 +3034%$9,800 -1%
        2017$1,241 $9,900 -82.9%
        2016$1,241 -23.6%$58,000 -16.4%
        2014$1,624 +7.2%$69,400 +3%
        2013$1,515 -2%$67,400 +1.2%
        2012$1,545 -2.4%$66,600 +0.9%
        2011$1,582 -1.5%$66,000 +2.6%
        2010$1,607 $64,300 -0.8%
        2009-- $64,800 +33.9%
        2007-- $48,400 +365.4%
        2006-- $10,400
        2005-- $10,400

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $131/mo
        Principal & interest
        $113
        Property taxes
        $18
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          Climate risks

          Neighborhood: University Park

          Getting around

          50 / 100
          Car-Dependent
          43 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 46409

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