5200 W Ridge Road, Gary, IN 46408
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: merry galindo
Office: listing leaders northwest219-961-5478
MLS#:847420
Source:Northwest Indiana AOR as distributed by MLS GRID
5200 W Ridge Road,Gary, IN 46408
$159,000
- 2 Beds
- 2 Baths
- 1,534 sq. ft.
- Single family
- Active
Price summary
- Price:$159,000
- Price per sq. ft.:$103.65
About this home
Great opportunity for homeowners and investors alike! Situated on nearly half an acre, this ranch-style home with a basement offers a spacious layout, recent improvements, and excellent rental potential. The main level features an inviting living area filled with natural light, an adjoining dining space, and a comfortable sunroom overlooking the property. The basement with 1/2 bath and additional separate shower provides additional space for storage or to make it your own! Recent updates include a new roof installed just two months ago, along with improvements to the main floor. Outside, you'll find a generous yard, ample driveway parking, and a detached two-car garage that needs a new garage door. Currently tenant-occupied at 1,150 per month, with the tenant responsible for all utilities, including water and trash. **The tenant is on a month-to-month lease, offering flexibility for buyers looking to owner-occupy or investors seeking immediate rental income. The current tenant would love to stay, providing an opportunity to retain an established tenant while benefiting from potential future rent increases.** Conveniently located near schools, restaurants, shopping, and major roadways, including I-80/94, providing easy access to Chicago. Washer and dryer belong to the tenant and are excluded from the sale. Property is being sold As-Is. A solid opportunity to add to your investment portfolio or make this property your future home!...
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Home facts
- Year built:1936
- Subdivision & Development:NA
- Listing ID #:847420
- Added:9 day(s) ago
- Updated:November 05, 2026 at 04:08 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:7
- Kitchen Description:Freezer, Gas Range, Refrigerator
- Basement:Yes
- Basement Description:Basement
- Living area:1,534 sq. ft.
Structure and exterior
- Year built:1936
- Building area:1,534 sq. ft.
- Lot area:0.5 Acres
- Lot Features:Landscaped
- Exterior Features:Private Yard
Utilities
- Water:Public
Finances and disclosures
- Price:$159,000
- Price per sq. ft.:$103.65
- Tax amount:$2,270 (2025)
Parking
- Parking description:Detached, Driveway, Paved
- Garage:Yes
- Garage spaces:2
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