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$40,000 Just Listed
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Property Description
Looking for land with potential? This oversized vacant parcel offers approximately 0.80 acres in an established Gary neighborhood with R-3 residential zoning. Plenty of space to explore future residential development possibilities while enjoying convenient access to nearby amenities and commuter routes. Permitted and special uses within the R-3 district may include single-family residential development, community and recreational uses, places of worship, day care facilities, parks, libraries, and other approved residential-supportive uses. Great opportunity for builders, investors, developers, or buyers ready to bring their vision to life. Buyer to verify zoning, utility availability, and intended uses with the City of Gary.
Full Property Details
Full Property Details for 501 W 41st Ave
General
- Price: $40,000
- Taxes: $361 (2024)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 839616
- Updated: 5/27/2026
- Added to Site: 2 day(s) ago
Location
- County: Lake
- Township: Calumet
- Driving Directions: From 80/94, North on Broadway, West on 41st Ave - lot sits on south side of road
Lot Features
- Lot Size (Acres): 0.795
- Lot Size (Sq. Ft.): 34,630
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $361
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: 99FT R/W IN NW1/4 SW1/4 S.28 T.36 R.8 LY'G SW OF 41ST AVE & NE OF JACKSON ST 0.7 95 AC
- Property ID: 450828403002000004
Listed by House Curate Company, LLC
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Schools
Schools serving 501 W 41st Ave
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Glen Park Academy For Excel In Lrn 5002 Madison Street, Gary, IN 46408 | K-5 | 1.1 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 3.1 mi |
Bailly Preparatory Academy 4621 Georgia Street, Gary, IN 46409 | 6-8 | 1.2 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 W 41st Ave
Date
Details
Price
Change
Source
5/27/2026
Listed
$40,000
—
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 501 W 41st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,523
508%
$10,300
—
2023
$908
-98%
$10,300
—
2022
$54,434
5895%
$10,300
—
2020
$908
-71%
$10,300
—
2019
$3,093
18%
$10,300
—
2018
$2,617
703%
$10,300
—
2017
$326
1%
$10,300
—
2016
$323
1%
$10,300
—
2015
$320
-47%
$10,300
—
2013
$608
-4%
$10,300
-1%
2012
$632
—
$10,400
—
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 501 W 41st Ave
501 W 41st Avenue, Gary, IN 46408 (MLS# 839616) is a Lots/Land property with a lot size of 0.795 acres. 501 W 41st Avenue is currently listed for $40,000 and was received on May 27, 2026. Want to learn more about 501 W 41st Avenue? Do you have questions about finding other Lots/Land real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

