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3905 Tennessee St, Gary, IN, 46409

3beds
2baths
1,295sqft
$50,000
$39price/sqft
$608/moest. monthly cost
$24,320/yrincome needed

About This Home

Attention investors, rehabbers, and visionaries! With over 1200 sq ft ample living space, and a prime corner lot location, this ranch home features 3 bedroom, 1.5 bath home is packed with potential and ready for its next transformation. Offering a spacious layout that includes a large living room, separate dining room, kitchen, and cozy family room, this property provides the perfect canvas to create something special. The home features a 2-car detached garage, front, side and backyard and a floor plan full of possibilities for modern updates and added value. While the property is in need of repairs and updating, the opportunity here is undeniable for a fix-and-flip, rental investment, or renovation project.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

3/10
Glen Park AcademyGrades K-51.7 mi
4/10
1/10

Construction

Condition

  • Property condition: Fixer
  • Year built: 1955

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop,Refrigerator

Bedroom2

  • Area: 110
  • Dimensions: 11.0 x 10.0

Bedroom3

  • Area: 132
  • Dimensions: 12.0 x 11.0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Area: 130
  • Dimensions: 13.0 x 10.0

Family Room

  • Area: 120
  • Dimensions: 12.0 x 10.0

Features

  • None
  • Finished area above ground: 1,295

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,295
  • Total interior livable area: 1,295 sqft

Kitchen

  • Area: 180
  • Dimensions: 15.0 x 12.0

Living Room

  • Area: 144
  • Dimensions: 12.0 x 12.0

Primary Bedroom

  • Area: 180
  • Dimensions: 15.0 x 12.0

Property

Details

  • Parcel number: 450827276001000004
  • Special condition: None

Features

  • Levels: One
  • Patio & porch: Rear Porch
  • Fencing: Chain Link
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 6,359 sqft
  • Features: Back Yard,Front Yard,Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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
    TornadoRelatively High
  • 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 $252$3,024
Home Insurance *$77$924
Property Taxes $95$1,140
Electricity $184$2,212
Total$608$7,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$20,845/yr
40% on housing$18,240/yr
45% on housing$16,213/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

$39This listing

vs Other Active Listings

Avg $/sqft

ZIP 46409$52
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46409$71
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
2026-05-13Price change$73,133
2026-05-09Price change$78,133
2026-05-07Listed for sale$85,333
2020-09-01Sold$500
2015-01-27Sold$300

For Sale by Agent

AgentKeri Hir
BrokerageKeri Hir

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