2147 W 8th Ave, Gary, IN, 46404
About This Home
Owner financing available! Value-add opportunity. Work has already begun on this property, giving the next owner a head start to finish it out and bring it to the finish line. Great opportunity for an investor, contractor, or handy buyer looking for their next project. Property is being sold as-is. Owner financing, cash purchase, or conventional financing may be considered depending on terms. Buyer to verify all property details, condition, and intended use.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Roof: Asphalt
- Construction materials: brick
Type & Style
- Home type: SingleFamily
Interior
Basement
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Other
- Fireplace features: masonry
- Fireplace: Yes
Heating & Cooling
- Heating features: Other,Gas
- Cooling features: None
Interior Area
- Total interior livable area: 888 sqft
Property
Details
- Parcel number: 450805460009000004
Features
- Exterior features: Brick
Lot
- Lot size: 5,000 sqft
Parking
- Parking features: Garage - Detached
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
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $778 | $9,336 |
| Home Insurance * | $216 | $2,592 |
| Property Taxes | $293 | $3,516 |
| Electricity | $184 | $2,212 |
| Total | $1,471 | $17,652 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-10 | Listed for sale | $153,900 |
| 2024-06-12 | Sold | $10,000 |
| 2019-01-17 | Sold | $1,300 |
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