See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4

2309 Connecticut St, Gary, IN, 46407

2beds
1baths
819sqft
$16,900
$21price/sqft
$338/moest. monthly cost
$13,520/yrincome needed

About This Home

Great investment opportunity in Gary, IN! This 2-bedroom, 1-bath fixer-upper offers solid potential for the right buyer. Perfect for investors or rehabbers looking to add value, the home features a manageable layout and sits on a spacious lot. Bring your vision and transform this property into a strong cash-flowing rental or updated starter home.Property is being sold as-is--seller will make no repairs. Don't miss your chance to pick up a value-add opportunity in a growing market!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

3/10
Gary Middle SchoolGrades 6-85.1 mi
1/10

Construction

Condition

  • Property condition: Fixer
  • Year built: 1926

Type & Style

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

Interior

Appliances

  • Appliances included: None

Bedroom2

  • Area: 64
  • Dimensions: 8.0 x 8.0

Bedrooms & Bathrooms

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

Den

  • Area: 64
  • Dimensions: 8.0 x 8.0

Features

  • None
  • Finished area above ground: 819

Heating

  • Heating features: None

Interior Area

  • Total structure area: 819
  • Total interior livable area: 819 sqft

Kitchen

  • Area: 56
  • Dimensions: 8.0 x 7.0

Living Room

  • Area: 80
  • Dimensions: 8.0 x 10.0

Primary Bedroom

  • Area: 72
  • Dimensions: 8.0 x 9.0

Property

Details

  • Parcel number: 450815153003000004
  • Special condition: None

Features

  • Levels: Other
  • Exterior features: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 3,615 sqft
  • Features: Back Yard,Front Yard

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 WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
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 $85$1,020
Home Insurance *$36$432
Property Taxes $33$396
Electricity $184$2,212
Total$338$4,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$11,588/yr
40% on housing$10,140/yr
45% on housing$9,013/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

$21This listing

vs Other Active Listings

Avg $/sqft

ZIP 46407$33
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46407$53
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
2026-03-21Price change$17,900
2026-02-08Price change$17,995
2026-01-30Listed for sale$19,900
2026-01-13Pending sale$19,900
2025-11-26Listed for sale$19,900
2025-03-13Sold$600

For Sale by Agent

AgentJared Jeffries
Brokerage@properties/Christie's Intl RE

Similar Homes