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Trueblood Real Estate

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$ 114,825

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5012 Arthur ST Gary, IN 46408

3 Beds

2 Baths

1,696 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Commercial

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,696 sqft

Price per Sqft $67

Subdivision Fern Oaks

MLS Listing ID 843337

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1956

Annual Tax Amount $950

Tax Year 2024

Lot Size 0.269 Acres

Acres 0.269

Property Sub-Type Single Family Residence

Property 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!

Location

State IN

County Lake

Rooms

Basement Crawl Space

Interior

Interior Features Vaulted Ceiling(s), Country Kitchen

Heating Forced Air, Natural Gas

Fireplace N

Appliance None

Exterior

Parking Features Attached, Garage Faces Front, Off Street

Garage Spaces 1.5

View Y/N true

View Neighborhood

Building

Lot Description Back Yard

Story Tri-Level

Sewer Septic Tank

Water Public

Level or Stories Tri-Level

Others

Tax ID 450832430019000001

SqFt Source Assessor

Acceptable Financing NRA20260803193307637155000000

Listing Terms NRA20260803193307637155000000

Listed by SCHUPP Real Estate • John Schupp

NEARBY SCHOOLS & PROPERTIES

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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Indianapolis, IN

Trueblood Real Estate

5012 Arthur ST Gary, IN 46408

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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5012 Arthur ST

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