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5706 W 43rd Ave, Gary, IN, 46408

2beds
1baths
1,008sqft
$119,900
$119price/sqft
$1,114/moest. monthly cost
$44,560/yrincome needed

About This Home

Two bedroom ranch homes located south of Ridge Road in Calumet Township. This home features a very large kitchen with adjoining dining area, a massive living room with lots of natural light, two spacious bedrooms and a full bathroom with relaxing soaking tub and separate shower. There is an additional utility and laundry room. There are two covered porches and the the property is completely fenced.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

2/10
4/10
Lake Ridge Middle SchoolGrades 5-81.4 mi
3/10
Calumet High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1955

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave
  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedroom2

  • Area: 110
  • Dimensions: 11.0 x 10.0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Eat-in Kitchen
  • Finished area above ground: 1,008

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,008
  • Total interior livable area: 1,008 sqft

Kitchen

  • Area: 221
  • Dimensions: 13.0 x 17.0

Laundry

  • Area: 64
  • Dimensions: 8.0 x 8.0

Living Room

  • Area: 300
  • Dimensions: 15.0 x 20.0

Primary Bedroom

  • Area: 168
  • Dimensions: 12.0 x 14.0

Property

Details

  • Parcel number: 450725329016000001
  • Special condition: None

Features

  • Levels: One
  • Patio & porch: Covered,Front Porch
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 9,452 sqft
  • Features: Back Yard,Private,Front Yard,Few Trees

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $606$7,272
Home Insurance *$129$1,548
Property Taxes $195$2,340
Electricity $184$2,212
Total$1,114$13,368
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,194/yr
40% on housing$33,420/yr
45% on housing$29,706/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$119This listing

vs Other Active Listings

Avg $/sqft

ZIP 46408$53
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46408$94
Lake County$150

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Price change$125,000
2026-04-28Price change$126,000
2026-04-23Price change$127,000
2026-04-09Listed for sale$135,000
2026-03-23Listing removed$155,000
2026-03-18Listed for sale$155,000
2026-02-07Pending sale$155,000
2026-02-07Price change$155,000
2025-12-09Listed for sale$129,900
2014-04-04Listing removed$44,900
2013-11-05Listed for sale$44,900
2009-08-30Listing removed$32,950
2009-08-17Sold$11,888
2009-04-29Sold$35,035
2009-03-29Listed for sale$32,950

For Sale by Agent

AgentKathleen Osinski
BrokerageNew Chapter Real Estate

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