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$25,000 Just Listed
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Property Description
Fixer-upper house with a spacious layout and with other nice houses on the same block. Needs repairs to roof and is being sold AS IS. Great potential for a flip or rental or primary residence. Handyman's special!
Full Property Details
Full Property Details for 712 E 40th Ave
General
- Price: $25,000
- Taxes: $203 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 840212
- Updated: 6/5/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Spaces: 1
Location
- County: Lake
- Township: Calumet
- Subdivision: Great Gary Realty Companys Add 01
- Driving Directions: Broadway to E. 40th Ave.
Heating & Cooling
- Heating Type: None
Structural Information
- Square Feet: 1,026
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $203
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: GREAT GARY REALTY CO'S. 1ST ADD. ALL L.27 BL.4 ALL L.28 BL.4
- Property ID: 450827180016000004
Listed by Legacy Realty Group LLC
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Schools
Schools serving 712 E 40th 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 | 1.5 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 2.5 mi |
Bailly Preparatory Academy 4621 Georgia Street, Gary, IN 46409 | 6-8 | 0.8 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 5.3 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 712 E 40th Ave
Date
Details
Price
Change
Source
6/05/2026
Listed
$25,000
331.03%
MLS
10/30/2025
Sold
$5,800
—
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 712 E 40th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$571
—
$8,400
4%
2024
$571
-53%
$8,100
-42%
2023
$1,226
69%
$13,900
1%
2022
$726
-83%
$13,700
3%
2020
$4,150
63%
$13,300
-72%
2019
$2,540
—
$47,100
-9%
2019
$2,540
8%
$51,800
—
2018
$2,350
107%
$51,800
-1%
2017
$1,133
—
$52,400
-13%
2017
$1,133
-11%
$60,000
—
2016
$1,279
1%
$60,000
1%
2015
$1,265
-62%
$59,500
4%
2013
$3,364
-2%
$57,000
—
2012
$3,449
—
$56,800
—
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 712 E 40th Ave
712 E 40th Avenue, Gary, IN 46409 (MLS# 840212) is a Single Family property with 3 bedrooms and 1 full bathroom. 712 E 40th Avenue is currently listed for $25,000 and was received on June 05, 2026. Want to learn more about 712 E 40th Avenue? 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.

