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$45,000 Just Listed
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Property Description
Solid layout, functional footprint, and clear potential for repositioning. Priced appropriately, this can be a strong addition to an investor portfolio. This ranch property is being sold as-is, where-is and offers strong upside for investors seeking a renovation project. The home features 2 bedrooms, 1 bathroom, a full basement, and a fenced backyard. The property requires updates and improvements, making it ideal for a value-add strategy. The full basement and additional space for storage and laundry provides flexibility to expand usable living space and increase overall value. Ideal for: Fix-and-flip investors, Buy-and-hold landlords and Rent-to-own strategy
Full Property Details
Full Property Details for 266 Johnson St
General
- Price: $45,000
- Taxes: $1,252 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 834864
- Updated: 3/4/2026
- Added to Site: Today
Interior
- Number of Rooms: 5
- Interior Features: None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage Spaces: 1
- Parking Features: Detached
Location
- County: Lake
- Township: Calumet
- Subdivision: Resub Gary Land Cos
- Driving Directions: Take I-65 N towards Chicago. Take US-20 W/US-12 W/Rudolph Rudy Clay Memorial Hwy toward Genesis Conv Center/Gary/Chicago Airport/Gary. Turn left onto Johnson St. Property is on the right.
School Information
- High School District: Gary
Heating & Cooling
- Heating Type: Other
Structural Information
- Square Feet: 1,113
- Year Built: 1943
Lot Features
- Lot Size (Acres): 0.129
- Lot Size (Sq. Ft.): 5,619
- Lot Features: Back Yard, Front Yard
Financial Considerations
- Tax Amount: $1,252
- Tax Year: 2024
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: RESUB. GARY LAND CO'S. 3RD SUB. S. 10 FT. L.10 BL.19 ALL L.11 BL.19 N. 5 FT. L.1 2 BL.19
- Property ID: 450804102006000004
Listed by Century 21 Impact
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Schools
Schools serving 266 Johnson St
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Beveridge Elementary School 1234 Cleveland Street, Gary, IN 46404 | K-5 | 1.2 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 3.1 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 5.7 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 266 Johnson St
Date
Details
Price
Change
Source
3/04/2026
Listed
$45,000
1698.56%
MLS
12/09/2021
Sold
$2,502
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 266 Johnson St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$973
-68%
$49,900
43%
2023
$3,077
162%
$34,900
11%
2022
$1,174
-47%
$31,500
8%
2020
$2,220
201%
$29,200
4%
2019
$738
—
$28,200
-8%
2019
$738
-4%
$30,600
-9%
2018
$771
-3%
$33,700
-1%
2017
$792
—
$34,100
—
2017
$792
94%
$34,000
-6%
2016
$408
10%
$36,300
1%
2015
$370
-11%
$36,000
-7%
2013
$417
-2%
$38,700
—
2012
$427
—
$38,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 266 Johnson St
266 Johnson Street, Gary, IN 46402 (MLS# 834864) is a Single Family property with 2 bedrooms and 1 full bathroom. 266 Johnson Street is currently listed for $45,000 and was received on March 04, 2026. Want to learn more about 266 Johnson Street? Do you have questions about finding other Single Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

