- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$104,970
Monthly Est:$522
3 Beds
- 2 Baths
1 full bath + 1 half bath
1,696sqft
5012 Arthur St, Gary, IN 46408
$104,970
$522/moEst:
Get Pre-Approved
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!
Show Less- 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

Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
City
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

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
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
| Date | Event | Price |
|---|---|---|
09/23/2026 Source: | Pending | $104,970 $62/sqft |
09/16/2026 Source: | Price Decreased | $104,975 -8.50% $62/sqft |
09/14/2026 Source: | Price Decreased | $114,725 -0.02% $68/sqft |
09/08/2026 Source: | Price Decreased | $114,750 -0.02% $68/sqft |
08/31/2026 Source: | Price Decreased | $114,775 -0.02% $68/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Gary, IN
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.
Advertising Broker: Donna Mink | Mink Realty









