2425 Prospect St Gary, IN 46407
Midtown NeighborhoodEstimated payment $374/month
Highlights
- No HOA
- Living Room
- Dining Room
- Neighborhood Views
- Central Air
- 1 Car Garage
About This Home
Great opportunity to own this estate property in Gary! This 3-bedroom, 1-bath home features central air conditioning, lead-free piping, a 1-car detached garage, and a backyard storage shed--perfect for additional storage. The property is being sold as-is and does need some work, making it ideal for investors or buyers looking to add their personal touch. Inside, you'll find a functional layout that's ready for your finishing touches. With solid potential and great value, this property is ready for your vision.
Listing Agent
Keller Williams Preferred Real License #RB22002329 Listed on: 09/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $961
Year Built
- Built in 1947
Lot Details
- 4,661 Sq Ft Lot
Parking
- 1 Car Garage
Interior Spaces
- 1,056 Sq Ft Home
- Living Room
- Dining Room
- Carpet
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Mid City Realty Companys Central Subdivision
Listing and Financial Details
- Assessor Parcel Number 450815184007000004
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,066 | $42,000 | $5,900 | $36,100 |
| 2024 | $3,359 | $38,800 | $5,700 | $33,100 |
| 2023 | $930 | $38,100 | $5,700 | $32,400 |
| 2022 | $930 | $36,300 | $5,800 | $30,500 |
| 2021 | $858 | $33,500 | $5,800 | $27,700 |
| 2020 | $858 | $33,500 | $5,800 | $27,700 |
| 2019 | $440 | $33,500 | $5,800 | $27,700 |
| 2018 | $451 | $33,500 | $5,800 | $27,700 |
| 2017 | $499 | $37,800 | $5,800 | $32,000 |
| 2016 | $511 | $39,300 | $5,800 | $33,500 |
| 2014 | $426 | $39,100 | $6,000 | $33,100 |
| 2013 | $405 | $38,100 | $6,000 | $32,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | Price Changed | $56,675 | -11.0% | $54 / Sq Ft |
| 10/21/2025 10/21/25 | Price Changed | $63,700 | -8.9% | $60 / Sq Ft |
| 09/12/2025 09/12/25 | For Sale | $69,900 | -- | $66 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 827596
APN: 45-08-15-184-007.000-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.