420 Adams St Gary, IN 46402
Downtown Gary NeighborhoodEstimated payment $1,262/month
Highlights
- 0.24 Acre Lot
- 3-minute walk to Gary Metro Center Station
- 4-minute walk to Gateway Park
- Balcony
- Front Porch
About This Home
Prime Downtown Gary Development OpportunityMore than just a parcel--this is a chance to be part of the bold next chapter in the City of Gary Indiana's comeback story that's already being written.This 10,000+ square foot lot, improved with an older brownstone triplex, is ideally located within walking distance of the planned revitalization of the South Shore Line Train Station--an anchor in the city's evolving transportation and redevelopment plans. Property is located within a designated Transit-Oriented Development (TOD) district--a key area identified in the 2023 Northwest Indiana TDD Strategic Implementation Plan.The site sits at the crossroads of public investment, regional strategy, and untapped potential. Looking for high-density housing or mixed-use development, this property is tailor-made for a project that aligns with Gary's long-term vision for smart growth and sustainable urban renewal.Yes, the aging triplex on the land needs a complete rehab before leasing units--but the real value isn't what stands today. It's what could rise tomorrow.This is a rare opportunity to create something transformative: a development that breathes new life into the block, builds community, and reflects the spirit of a city rebuilding with purpose. The vision is in motion. The framework is set. All that's needed now is the right developer--someone who sees more than a structure... someone who sees possibility.Gary is not just rebuilding structures--it's rebuilding trust, pride, and momentum. This is your opportunity to make a lasting impact. A statement project. A partnership with purpose. A stake in one of the Midwest's most compelling urban renewal stories.Property being sold As-Is, Where-Is
Listing Agent
Weichert, Realtors-Moke Agency License #RB20001421 Listed on: 07/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,201
Year Built
- Built in 1915
Lot Details
- 10,629 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Triplex
- Fixer Upper
Interior Spaces
- 2,492 Sq Ft Home
- 2-Story Property
- Natural lighting in basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Balcony
- Front Porch
Utilities
- No Cooling
- No Heating
- No Utilities
- Water Not Available
Listing and Financial Details
- Assessor Parcel Number 450804281017000004
Community Details
Overview
- 3 Units
- Gary Land Companys 01 Subdivision
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,261 | $27,100 | $14,700 | $12,400 |
| 2024 | $7,697 | $25,300 | $14,700 | $10,600 |
| 2023 | $2,062 | $87,300 | $19,100 | $68,200 |
| 2022 | $2,062 | $80,500 | $11,300 | $69,200 |
| 2021 | $1,952 | $76,200 | $11,300 | $64,900 |
| 2020 | $1,952 | $76,200 | $11,300 | $64,900 |
| 2019 | $2,142 | $104,100 | $11,300 | $92,800 |
| 2018 | $2,282 | $104,100 | $11,300 | $92,800 |
| 2017 | $2,179 | $98,000 | $4,000 | $94,000 |
| 2016 | $1,488 | $67,000 | $4,000 | $63,000 |
| 2014 | $2,439 | $104,200 | $4,700 | $99,500 |
| 2013 | $2,249 | $100,100 | $4,700 | $95,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $200,000 | -- | $80 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 824001
APN: 45-08-04-281-017.000-004
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Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.