Gary, IN 46408 5012 Arthur Street

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Presented By: John Schupp with SCHUPP Real Estate - (219) 696-3596;
  • MLS# 843337
  • 08/03/2026
  • Get pre-approved
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  • Beds • 3
  • Full/Half Baths • 1 / 1
  • SQFT • 1,696
  • Garage • 1

Home Details

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!
Presented By: John Schupp with SCHUPP Real Estate - (219) 696-3596;

Interior Features for 5012 Arthur Street

Bedrooms

Total Bedrooms3

Bathrooms

3/4 Baths0
Half Baths1
Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area1058
Fireplace Y/NNo
Interior AmenitiesVaulted Ceiling(s), Country Kitchen
Laundry FeaturesLaundry Room

Other Rooms

Room TypeBonus Room, Primary Bedroom, Living Room, Kitchen, Dining Room, Bedroom 3, Bedroom 2

General for 5012 Arthur Street

AppliancesNone
CityGary
CountyLake
DirectionsCleveland St to W. 50th Ave, East to Arthur St, North to Home
Electric100 Amp Service
Full Baths1
Garage Spaces1.5
Garage Y/NYes
HOANo
HeatingForced Air, Natural Gas
Legal DescriptionFERN OAKS ALL L.24 BL.E ALL L.25 BL.E
LevelsTri-Level
Listing TermsCash, Conventional
Lot Size Square Feet11718
New ConstructionNo
Property Attached Y/NNo
Property ConditionFixer
Property SubtypeSingle Family Residence
Property TypeResidential
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameFern Oaks
Tax Annual Amount950
Tax Year2024
Total Rooms7
TownshipCalumet
UtilitiesElectricity Connected, Water Connected, Natural Gas Connected
ViewNeighborhood
Year Built1956

Exterior for 5012 Arthur Street

Lot FeaturesBack Yard
Lot Size Acres0.269
Lot Size SourceAssessor
Parking FeaturesAttached, Garage Faces Front, Off Street
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Ray Al-Azzah

Broker
Price $114,800
MLS#843337
List Date 08/03/2026
Property Type Single Family
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