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$21,990
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Property Description
Unlock the Value in the Heart of the City! Whether you are a first-time homebuyer looking to build immediate equity or an investor seeking a high-performing asset, this property is the unicorn you've been waiting for. Currently a spacious and well-maintained 2-bedroom, 2-bathroom residence, this home sits on a rare, oversized lot that provides a sense of privacy and space seldom found in such a central location. The Vision: The true "wow factor" lies beneath your feet. The expansive basement features high ceilings and an open footprint, offering a seamless path to convert the space into additional bedrooms, a home office, or a high-end guest suite. With two bathrooms already in place, the heavy lifting is done--just bring your flooring and drywall to potentially double the home's utility! The Lifestyle: Location is the one thing you can't change about a property, and this one is perfect. You are situated in a high-demand corridor just minutes from the University, making it an ideal rental for faculty or graduate students. With the Hospital, top-rated schools, and major shopping centers just a short drive away, convenience is a way of life here. Plus, immediate highway access makes any commute a breeze. Outside: The massive backyard is a blank canvas for an outdoor oasis, a detached garage, or even a garden suite (ADU) subject to local zoning. This isn't just a house; it's an investment in your future.
Full Property Details
Full Property Details for 4549 Pennsylvania St
General
- Price: $21,990
- Taxes: $183 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 833464
- Updated: 1/31/2026
- Added to Site: 19 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Other
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Location
- County: Lake
- Township: Calumet
- Subdivision: Broadway Reality & Investment Co Add
- Driving Directions: EXIT BROADWAY SOUTH, DRIVE INTO 45 ST MAKE LEFT, DRIVE INTO PENNSYLVANIA ST, MAKE RIGHT COUPLE HOUSE SOUTH ON LEFT SIDE
Heating & Cooling
- Heating Type: Other
Structural Information
- Square Feet: 1,050
- Year Built: 1911
Lot Features
- Lot Size (Acres): 0.072
- Lot Size (Sq. Ft.): 3,136
- Lot Features: Back Yard, Front Yard
Financial Considerations
- Tax Amount: $183
- Tax Year: 2024
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: BROADWAY REALTY & INV. CO'S ADD. ALL L.36 BL.1
- Property ID: 450834104007000004
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Schools
Schools serving 4549 Pennsylvania St
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Glen Park Academy For Excel In Lrn 5002 Madison Street, Gary, IN 46408 | K-5 | 0.8 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 3.3 mi |
Bailly Preparatory Academy 4621 Georgia Street, Gary, IN 46409 | 6-8 | 0.4 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 5.6 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 4549 Pennsylvania St
Date
Details
Price
Change
Source
1/31/2026
Listed
$21,990
—
MLS
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 4549 Pennsylvania St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$518
-8%
$7,300
14%
2023
$564
98%
$6,400
16%
2022
$285
-37%
$5,500
8%
2020
$449
-72%
$5,100
—
2019
$1,606
17%
$5,100
-11%
2018
$1,372
1015%
$5,700
—
2017
$123
—
$5,700
-8%
2017
$123
-10%
$6,200
-9%
2016
$136
-7%
$6,800
-9%
2015
$147
14%
$7,500
3%
2013
$129
-3%
$7,300
—
2012
$133
—
$7,300
—
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 4549 Pennsylvania St
4549 Pennsylvania Street, Gary, IN 46409 (MLS# 833464) is a Single Family property with 2 bedrooms and 2 full bathrooms. 4549 Pennsylvania Street is currently listed for $21,990 and was received on January 31, 2026. Want to learn more about 4549 Pennsylvania 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.

