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2307 Bell St, Gary, IN, 46406

3beds
1baths
1,040sqft
$64,900
$62price/sqft
$710/moest. monthly cost
$28,400/yrincome needed

About This Home

Positioned just steps from the Hard Rock Casino and the site of Gary's new $2 billion convention center, this property offers a rare chance to invest in a rapidly developing area with major upside. The home features a solid one-story layout with 3 bedrooms, 1 bath, and a detached 2-car garage with a brand new roof (2024), plus a metal shed for extra storage or workspace. Recent updates include PEX plumbing and replaced joists, giving you a strong foundation to build on. All city utilities are in place, and the home is move-in ready with room to add your own touches, windows are older and could be upgraded for added value. With comps and ARV supporting strong returns, this is a smart buy in one of Gary's most promising corridors.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

2/10
4/10
Lake Ridge Middle SchoolGrades 5-83.1 mi
3/10
Calumet High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1963

Materials

  • Construction materials: Asphalt,Vinyl Siding

Type & Style

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

Interior

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,040

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,080
  • Total interior livable area: 1,040 sqft

Property

Details

  • Parcel number: 450714252000.000003

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,969 sqft
  • Features: Level
  • Lot size dimensions: 55x128

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 $328$3,936
Home Insurance *$79$948
Property Taxes $119$1,428
Electricity $184$2,212
Total$710$8,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$24,342/yr
40% on housing$21,300/yr
45% on housing$18,933/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

$62This listing

vs Other Active Listings

Avg $/sqft

ZIP 46406$57
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46406$90
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)

No zestimate history available

Price History

DateEventPrice
2026-08-03Price change$64,900
2026-08-01Price change$65,900
2026-07-29Price change$67,900
2026-07-15Price change$69,900
2026-07-14Price change$77,900
2026-07-13Price change$78,400
2026-07-11Price change$79,400
2026-07-08Price change$84,900
2026-07-03Pending sale$89,600
2026-07-02Price change$89,600
2026-06-30Price change$89,700
2026-06-29Price change$89,800
2026-06-26Price change$89,900
2026-06-18Price change$94,900
2026-06-15Listed for sale$99,900
2021-01-07Listing removed--
2020-12-01Listed for sale$46,108

For Sale by Agent

AgentSeth Dawson
BrokerageConnected America LLC

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