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5200 W Ridge Road
Gary, IN 46408

$159,000 - Status: Active
Beds: 2
Baths: 1 full 1 partial
SQFT: 1,534
MLS# 847420

Great opportunity for homeowners and investors alike! Situated on nearly half an acre, this ranch-style home with a basement offers a spacious layout, recent improvements, and excellent rental potential. The main level features an inviting living area filled with natural light, an adjoining dining space, and a comfortable sunroom overlooking the property. The basement with 1/2 bath and additional separate shower provides additional space for storage or to make it your own! Recent updates include a new roof installed just two months ago, along with improvements to the main floor. Outside, you'll find a generous yard, ample driveway parking, and a detached two-car garage that needs a new garage door. Currently tenant-occupied at 1,150 per month, with the tenant responsible for all utilities, including water and trash. **The tenant is on a month-to-month lease, offering flexibility for buyers looking to owner-occupy or investors seeking immediate rental income. The current tenant would love to stay, providing an opportunity to retain an established tenant while benefiting from potential future rent increases.** Conveniently located near schools, restaurants, shopping, and major roadways, including I-80/94, providing easy access to Chicago. Washer and dryer belong to the tenant and are excluded from the sale. Property is being sold As-Is. A solid opportunity to add to your investment portfolio or make this property your future home!

Property Features

MLS#: 847420
Zip: 46408
Subdivision:
Development: Calumet
Property Type: Residential - Single Family
Days on Site: 4
Garage: 2
Heating: Central
Lot Size: 0.50 acres
Stories: 1.0
Taxes: $2,270
Year Built: 1936

Appliances

Freezer
Refrigerator
Gas Range
Gas Cooktop

Feature Descriptions

Exterior Features: Private Yard
Interior Features: Entrance Foyer, Open Floorplan
Lot Description: Back Yard, Paved, Landscaped, Front Yard
Parking Features: Detached, Paved, Garage Faces Front, Driveway
Rooms Total: 7
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Septic Tank
Water: Public

Room Sizes

Primary Bedroom: 9.5 x 9.5
Bedroom 2: 9.4 x 9.4
Bonus Room: 23.0 x 16.0
Kitchen: 11.5 x 10.0
Living Room: 13.0 x 10.0
Other: 10.0 x 5.0
Laundry: 7.0 x 5.0

Local Schools

School District: Lake Ridge

5200 W Ridge Road | MLS# 847420

This single family home located at 5200 W Ridge Road, Gary, IN 46408 is currently listed for sale with an asking price of $159,000. This property was built in 1936 and has 2 bedrooms and 1 full and 1 partial baths with 1534 sq. ft. W Ridge Road is located within the Lake Ridge school district. Search Gary real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Listing Leaders Northwest
Agency Phone: (219) 961-5478

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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