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About This Home
This 4-bedroom, 2-bathroom single family at 445 E Ridge Road in Gary, IN is listed for $24,500 ($12 per sqft). Built in 1911, the home offers 2,084 sqft of living space on a 0.15 acres lot.
The "Pure Potential" Investor Pitch Massive Hilltop Rehab - 2,000+ SQFT Above Grade with Great Bones Looking for a project with actual meat on the bones? Perched up on the hill off Ridge Road, this 1.5-story home offers a massive footprint that you just don't see in standard rehabs.
With over 2,000 sq. ft. of above-grade living space and an additional 1,000+ sq. ft. in the basement with tough in pluming for an additional bath room basement has two exits to the yard and one in to the house, the scale here is huge. The Layout: The upper level features a massive master bedroom with walk-in closet , offering a layout that can easily be converted into a high-value suite including potential for 2 master suites upstairs.
Solid Structure: This house is built like a tank. It needs a full remodel--including a new roof and full interior --but the bones are very solid and the foundation is set high on a desirable hilltop lot. The Bottom Line: If you know the Glen Park market, you know the ARV potential for a house this size.
Key Features
- Built in 1911
- 0.15 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$131/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
445 E Ridge Road
Gary, IN 46409
Highland Park Add 02
Questions & Answers
This 4-bedroom, 2-bathroom single family at 445 E Ridge Road is listed at $24,500 ($12/sqft). The estimated monthly payment is $106 based on 20% down at 6.5% interest.
Key features include: Built in 1911, 0.15 acre lot, 2 stories, Fireplace.
This property is listed by Elyahu Herszberg and can be reached at 2192894171 or elyahu.realestate@gmail.com.
