2425 Prospect St Gary, IN 46407
Midtown NeighborhoodEstimated payment $413/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 |
|---|---|---|---|---|
| 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
- 2435 Diamond Ave
- 2349 Virginia St
- 840 E 25th Ave
- 2424 Maryland St
- 2420 Maryland St
- 2290 Maryland St
- 2409 Pennsylvania St
- 2259 Delaware St
- 2232 Kentucky St
- 2521 Connecticut St
- 2309 Connecticut St
- 2645 Pennsylvania St
- 2180 Nichols Place
- 2221 Ohio St
- 400 E 20th Ave
- 2441 Jefferson St
- 1924 Virginia St
- 1971 Massachusetts St
- 2713 Jefferson St
- 1985 Martin Luther King Dr
- 2267 Tennessee St
- 2020 Connecticut St Unit 1
- 2020 Connecticut St Unit 2
- 130 E 13th Ave Unit 8
- 3326 Delaware St
- 1166 Connecticut St Unit 6
- 3464 Pennsylvania St
- 1550 Richard Gordon Hatcher Blvd Unit A
- 1956 W 14th Ave
- 501 Madison St
- 1252 Idaho St
- 1254 Idaho St
- 1379 Roosevelt Place Unit 1
- 1379 Roosevelt Place
- 400 Glen Park Ave
- 4172 Jefferson St
- 4125 Alabama St
- 2301 Waverly Dr
- 358 Arthur St Unit 2
- 3507 W 20th Ave