Pending
Sale Pending at 5012 Arthur St, Gary, IN 46408 | MLS# 843337 | Listing updated on 2026-09-23
Photo 1 of Sale Pending at 5012 Arthur St, Gary, IN 46408 | MLS# 843337 | Listing updated on 2026-09-23
Photo 2 of Sale Pending at 5012 Arthur St, Gary, IN 46408 | MLS# 843337 | Listing updated on 2026-09-23
Photo 3 of Sale Pending at 5012 Arthur St, Gary, IN 46408 | MLS# 843337 | Listing updated on 2026-09-23
Photo 4 of Sale Pending at 5012 Arthur St, Gary, IN 46408 | MLS# 843337 | Listing updated on 2026-09-23
12+
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Street View

$104,970

Monthly Est:$522

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,696sqft

5012 Arthur St, Gary, IN 46408

$522/moEst:

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  • Single Family Residence

  • Built in 1956

  • $-- HOA

  • 11,718 sqft lot

  • $62/sq.ft

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!

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  • Houzeo last checked: 25 minutes ago
  • Listing updated: September 23, 2026 at 8:57 pm
  • Listing Provided by: John Schupp (219) 775-2373 | SCHUPP Real Estate (219) 696-3596
  • Source: Northwest Indiana REALTORS® Association MLS-IN | MLS#: 843337 Northwest Indiana REALTORS® Association MLS-IN

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Lake County

  • City

    Gary

  • Neighborhood

    --

  • Year Built

    1956

  • HOA Fees

    -

  • Finished Area

    1,696 sqft

  • Lot Size

    11,718 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Indiana REALTORS® Association MLS

  • MLS Number

    843337

  • MLS Status

    Pending

  • Days on Market

    58

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Interior Features

    Vaulted Ceiling(s), Country Kitchen

  • Appliances

    None

  • Heating

    Forced Air, Natural Gas

  • Sewer

    Septic Tank

Construction

  • Year Built

    Year Built: 1956

  • Home type

    Single Family Residence

  • Property Condition

    Fixer

Utilities & Energy

  • Laundry Features

    Laundry Room

  • Basement

    Crawl Space

  • Water Source

    Public

  • Parking Features

    Attached, Garage Faces Front, Off Street

  • Utilities

    Electricity Connected, Water Connected, Natural Gas Connected

  • Electric

    100 Amp Service

Other Features

  • Subdivision Name

    Fern Oaks

  • Lot Features

    Back Yard

Price History

DateEventPrice

09/23/2026

Source: mls_logoNorthwest Indiana REALTORS® Association MLS-IN #NRA843337

Pending

$104,970

$62/sqft

09/16/2026

Source: mls_logoNorthwest Indiana REALTORS® Association MLS-IN #NRA843337

Price Decreased

$104,975 -8.50%

$62/sqft

09/14/2026

Source: mls_logoNorthwest Indiana REALTORS® Association MLS-IN #NRA843337

Price Decreased

$114,725 -0.02%

$68/sqft

09/08/2026

Source: mls_logoNorthwest Indiana REALTORS® Association MLS-IN #NRA843337

Price Decreased

$114,750 -0.02%

$68/sqft

08/31/2026

Source: mls_logoNorthwest Indiana REALTORS® Association MLS-IN #NRA843337

Price Decreased

$114,775 -0.02%

$68/sqft

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Based on information provided by the Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service through Sep 30, 2026, 10:15AM as submitted to and distributed by MLS GRID. Information Deemed Reliable But Not Guaranteed. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All 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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service. All rights reserved.

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