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$85,000 Just Listed
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Property Description
Renovation is already underway and ready for the final phase. Several key improvements have been completed, giving the next owner a strong head start toward completion. Recent upgrades include all new windows, a new furnace, gas hot water heater, updated electrical panel, and water service connected to the property. All utilities are currently on and functioning. Whether you plan to live in the home, rent it, or flip it, the layout and progress to date provide flexibility to complete the project to your own specifications and add value. The property may be suitable for cash, conventional renovation, FHA 203(k), or VA renovation financing (buyer to verify lender requirements). Renovation is continuing, and photos will be updated as work progresses. Pricing will increase as additional improvements are completed, offering early buyers the opportunity to secure the property at its current stage and price. The Gary area continues to see renewed attention, including ongoing regional discussions regarding the potential relocation of the Chicago Bears, which could further contribute to long-term interest and redevelopment in Northwest Indiana (buyer to verify). Bonus Opportunity: The neighboring property at 655 Vermont is also available. Purchase one or both--live in one, renovate the other, or expand your investment portfolio. Property sold as-is. Don't miss this rare chance to grab two properties side by side--call today!
Full Property Details
Full Property Details for 647 Vermont St
General
- Price: $85,000
- Taxes: $355 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 833417
- Updated: 1/30/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Other
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: None
Parking
- Parking Features: Off Street, On Street, Alley Access
Location
- County: Lake
- Township: Calumet
- Subdivision: Gary Land Companys 01
- Driving Directions: 5th Ave to Vermont, go South property located on east side of street
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 1,100
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.115
- Lot Size (Sq. Ft.): 5,009
- Lot Features: Back Yard, Front Yard, Few Trees
Financial Considerations
- Tax Amount: $355.98
- Tax Year: 2025
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: GARY LAND CO'S. 1ST SUB. S. 20 FT. L.12 BL.70 N. 20 FT. L.13 BL.70
- Property ID: 450803407010000004
Listed by Weichert, Realtors-Moke Agency
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Schools
Schools serving 647 Vermont St
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Daniel Hale Williams Elementary School 1320 East 19th Avenue, Gary, IN 46407 | K-5 | 1 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 1.6 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 4.1 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 4.4 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 647 Vermont St
Date
Details
Price
Change
Source
1/30/2026
Listed
$85,000
—
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 647 Vermont St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$335
-65%
$11,800
8%
2023
$961
220%
$10,900
-7%
2022
$300
-68%
$11,700
5%
2020
$943
-17%
$11,100
4%
2019
$1,138
10%
$10,700
-12%
2018
$1,031
251%
$12,100
-1%
2017
$294
—
$12,200
-2%
2017
$294
-1%
$12,500
-8%
2016
$296
3%
$13,600
-78%
2015
$287
-71%
$61,900
-3%
2013
$976
-2%
$63,600
1%
2012
$996
—
$63,100
—
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 647 Vermont St
647 Vermont Street, Gary, IN 46402 (MLS# 833417) is a Single Family property with 2 bedrooms and 1 full bathroom. 647 Vermont Street is currently listed for $85,000 and was received on January 30, 2026. Want to learn more about 647 Vermont 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.

