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2420 Connecticut St, Gary, IN, 46407

3beds
1baths
1,060sqft
$169,000
$159price/sqft
$1,539/moest. monthly cost
$61,560/yrincome needed

About This Home

Completely remodeled from top to bottom, this move-in ready ranch offers all-new finishes and major updates throughout! Everything is new, including the roof, siding, kitchen, appliances, flooring, and windows. Inside, you'll find 3 bedrooms, each with closet space, along with a beautifully updated bathroom featuring tasteful, modern finishes. Additional highlights include a tankless water heater, a fully fenced yard, and a huge 3-car garage with endless potential for storage, hobbies, or workshop space. Conveniently located near highways, restaurants, and shopping, plus low taxes make this home an excellent opportunity. Don't miss your chance to make it yours!

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

3/10
Gary Middle SchoolGrades 6-85.2 mi
1/10

Construction

Condition

  • Year built: 1946

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator

Basement

  • Basement: Crawl Space

Bedroom2

  • Area: 90
  • Dimensions: 9.0 x 10.0

Bedroom3

  • Area: 72
  • Dimensions: 8.0 x 9.0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Recessed Lighting,Entrance Foyer
  • Finished area above ground: 1,060

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 1,060
  • Total interior livable area: 1,060 sqft

Kitchen

  • Area: 120
  • Dimensions: 10.0 x 12.0

Living Room

  • Area: 270
  • Dimensions: 15.0 x 18.0

Primary Bedroom

  • Area: 90
  • Dimensions: 9.0 x 10.0

Property

Details

  • Parcel number: 450815156021000004
  • Special condition: None

Features

  • Levels: One
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 6,229 sqft
  • Features: Back Yard,Rectangular Lot,Front Yard

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $854$10,248
Home Insurance *$360$4,320
Property Taxes $141$1,692
Electricity $184$2,212
Total$1,539$18,468
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,765/yr
40% on housing$46,170/yr
45% on housing$41,040/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

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 46407$31
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
2026-04-28Price change$175,000
2026-04-07Listed for sale$180,000
2025-09-29Sold$20,000
2025-05-28Sold$20,000
2025-05-15Pending sale$30,000
2025-05-08Price change$30,000
2025-04-29Listed for sale$40,000
2025-01-24Sold$5,777
2001-03-08Sold$6,500

For Sale by Agent

AgentSofia Espinoza
BrokerageMcColly Real Estate

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