Residential For Sale

5012 Arthur Street, Gary, Indiana

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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!

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : NRA843337
Price : $114,875
Bedrooms : 3
Rooms : 7
Bathrooms : 1
Half Bathrooms : 0
Square Footage : 1,696 Sqft
Year Built : 1956
Lot Area : 11,718 Sqft
Status : Active
Acres : 0.269
Property Subtype 1 : Single Family Residence
Status : Active
Features
Heating System : Forced Air, Natural Gas
Parking : Attached, Off Street, Garage Faces Front
Interior Features : Country Kitchen, Vaulted Ceiling(s)
Appliances
Appliances : No
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : Arthur
Street Number : 5012
Street Suffix : Street
Postal Code : 46408
Floor Number : 0
Longitude : W88° 38' 25.7''
Latitude : N41° 31' 39.8''
Directions : Cleveland St to W. 50th Ave, East to Arthur St, North to Home
Subdivision : Fern Oaks
Township : Calumet
MLS Addon
Office Name : SCHUPP Real Estate
Listing Agent MLS ID : NRA4166
Listing Office MLS ID : NRA1120
Annual Tax Amount : $950
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Residential For Sale
  • Listing ID : NRA843337
  • Bedrooms : 3
  • Bathrooms : 1
  • Square Footage : 1,696 Sqft
$114,875
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent