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Gary, IN Condo for Sale

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    $16,000

    • 6 Beds
    • 1 Bath
    • 600 Sq Ft

    409 Van Buren St, Gary, IN 46402

    Don't miss this chance to acquire a multi-unit property in a highly desirable location. Strong rental demand is anticipated thanks to its proximity to major employment centers downtown, vital hospitals, and well-regarded schools. The added benefit of nearby highway and train transportation ensures consistent tenant appeal.

    Luis Cortes Integrity Realty Partners

    409 Van Buren St, Gary, IN 46402

Why Live in Gary

The Indiana Dunes National Park and Lake Michigan shoreline create a stunning natural backdrop for life in Gary, with miles of beaches and hiking trails just steps away. Marquette Park stands out as a summer destination with its historic pavilion and beach access, while the Miller Beach Arts & Creative District brings cultural energy through art galleries and boutique shops. The Gary RailCats minor league baseball team plays at U.S. Steel Yard, providing affordable family entertainment, and the Hard Rock Casino Northern Indiana adds gaming and dining options including Council Oak Steaks and Seafood. The real estate landscape in Gary presents diverse opportunities across eight distinct neighborhoods. The Miller area commands the highest median single family home price at $293,000, while Downtown Gary's median single family price sits at $82,500. Ambridge-Mann and Tolleston show strong middle market appeal with median single family prices of $135,300 and $129,500 respectively. Glen Park, home to the APlus rated Andrean High School, has a median single family price of $110,400. Property taxes in Gary maintain competitiveness with a Lake County effective rate of 0.93%, matching neighboring Hammond and East Chicago, but higher than Portage's 0.83%. The combined state and local income tax rate totals 4.50%. Transportation options include the South Shore Line commuter rail to Chicago, the Gary/Chicago International Airport, and major highways I-80/94 and I-65. Indiana University Northwest adds educational opportunities and community programming. The climate features warm summers reaching the 80s Fahrenheit and winter temperatures typically in the 20s Fahrenheit, with significant seasonal snowfall.

Home Trends in Gary, IN

Housing Trends

Median Sale Price
$105,000
Median Single Family Sale Price
$120,000
Median Townhouse Sale Price
$37,325
Median 2 Bedroom Sale Price
$103,000
Average Price Per Sq Ft
$84
Number of Homes for Sale
220
Last 12 months Home Sales
859
Months of Supply
3.10
Median List Price
$129,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
17%
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