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5012 Arthur St, Gary, IN 46408

  • $114,875

  • 3

    bed

  • 1

    bath

  • 1,696

    Sqft ($68/Sqft)

House for sale 2 hours
Movoto is helping 22 homebuyers near you

About 5012 Arthur St

Property type House
Neighborhood
Year built 1956
HOA fee $0/month
Lot size 0.27 Acre
Movoto estimate
Parking 2 garage spaces
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!
Listed by
Listing Agent - John Schupp
Listing Agent Contact: (219) 696-3596
Listing Office - SCHUPP Real Estate
Source: NIRA mls logo
MLS#843337 • last updated 2 hours ago
Movoto checked NIRA for data 17 minutes ago
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Overview
Heating Forced Air, Natural Gas
Levels/Style Tri-Level
Type Residential
SubType Single Family Residence
SqFt 1696
Status Active
MLS # 843337
Lot Size (Acres) 0.269
Lot Size (SqFt) 11718
Property Tax 950
Year Built 1956
Property Condition Fixer
Interior
Total # of Bathrooms 1
# of Full Baths 1
# Bedrooms 3
Total # of Rooms 7
Laundry Laundry Room
Interior Features Vaulted Ceiling(s), Country Kitchen
Appliances None
Exterior
Parking Desc Attached, Garage Faces Front, Off Street
# Garage Spaces 1.5
Lot Desc Back Yard
Amenities / Utilities
Electricity 100 Amp Service
Utilities Electricity Connected, Water Connected, Natural Gas Connected
Water Source Public
Location
View Neighborhood
County Lake
Subdivision Fern Oaks
Directions Cleveland St To W. 50th Ave, East To Arthur St, North To Home
APN 450832430019000000
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Source: GreatSchools.org © 2026. All rights reserved.

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