1695 W 10th Ave · Gary, IN 46404

$7,999

3 bd · 1.0 ba · 905 sqft · SingleFamily public records · 163 Days on market

Built 1920 2,265 sqft lot $9/sqft · 68% below area ↓ 45% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +5.0/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

Key facts

• Solid foundation
• Full basement
• Massive garage

Tags

• FULL BASEMENT
• BUILT-IN MECHANIC'S PIT
• SOLID FOUNDATION
• MASSIVE GARAGE
• INVESTMENT OPPORTUNITY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $8k.

Deal economics

• At list price, monthly cash flow is $957 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $8k).
• Recommended offer: $7k (12.0% below list) — sets the bar for market timing.
• Cap rate 149.9% vs local median 9.1% in Gary — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#105 in IN) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, crime F, employment F.
• Gary Community School Corporation (urban): math 3% / reading 11% proficiency, ranked #299 of 301 in IN (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+11.6%/yr); 68 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,642 units permitted in Lake County in 2024 (14 in 5+ unit buildings).
• This rent runs 37% of the median local income ($42k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $55 of loan paydown is wiped out by about $240 of value loss. Plan a longer hold.
• Lake County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $2k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 163 days — a 12% lower offer ($7k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $7,039 (12.0% below list)

Questions for the listing agent

1. It's been on market 163 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 16.12% ✓
• Cap rate: 149.86%
• Cash-on-cash: 512.73%
• DSCR: 23.81
• GRM: 0.5

CMA / ARV

• ARV (median comp): $44,685
• List price: $7,999
• Delta: -82.10%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1665 W 12th Ave	0.16mi	2/1.0 (-1)	842 (-7%)	3mo	$13,000	$15	73
1567 Hayes St	0.44mi	2/1.0 (-1)	934 (+3%)	4mo	$29,000	$31	66
1965 W 10th Pl	0.13mi	3/1.0	1,028 (+14%)	10mo	$25,000	$24	63
1161 Harrison Blvd	0.62mi	4/2.0 (+1)	912 (+1%)	0mo	$21,000	$23	60
1968 W 14th Ave	0.28mi	3/1.0	800 (-12%)	12mo	$12,900	$16	58
1177 Harrison St	0.69mi	2/1.0 (-1)	946 (+4%)	2mo	$8,500	$9	54
1561 Tyler St	0.72mi	3/1.0	1,008 (+11%)	0mo	$12,000	$12	47
1201 Rutledge St	0.44mi	2/1.0 (-1)	1,032 (+14%)	7mo	$56,000	$54	46
1765 W Taft St	0.64mi	2/1.0 (-1)	860 (-5%)	14mo	$78,000	$91	45
1717 W Taft St	0.60mi	2/1.0 (-1)	780 (-14%)	3mo	$55,000	$71	41
1014 W 19th Ave	0.75mi	3/1.5	960 (+6%)	14mo	$30,000	$31	41
668 Harrison St	0.72mi	3/1.5	1,008 (+11%)	10mo	$40,000	$40	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 30.69×
• Total profit: $66,493
• Equity at exit: $1,193

10-year hold

• IRR: —
• Equity multiple: 75.79×
• Total profit: $167,498
• Equity at exit: $692

Cash invested: $2,240 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 46404

• Home prices YoY: -4.8%
• Rents YoY: 11.6%
• Active inventory: 68
• Price-to-rent: 0.5×

Monthly cashflow live

• Estimated rent: $1,290 high
• Mortgage (P&I): −$42
• Tax from tax record: −$17 /mo · $198/yr
• Insurance: −$3
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $957

Break-even live

Break-even rent $78

Max offer price $7,999

Occupancy floor 21%

Sensitivity live

Price	-10% $962	-5% $959	+0% $957	+5% $955	+10% $952
Rent	-10% $855	-5% $906	+0% $957	+5% $1,008	+10% $1,059
Rate	-1.0pp $961	-0.5pp $959	base $957	+0.5pp $955	+1.0pp $953

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $2,000
• Closing costs: $240
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1521 Pierce St Unit 1 Gary, IN	2.0	1.0	800	$850	$1.06	0d	1	0.56mi
2602 W 6th Ave Gary, IN	2.0	1.0	750	$990	$1.32	0d	1	0.66mi
1595 Ellsworth St Gary, IN	2.0	1.0	868	$1,100	$1.27	4d	1	0.67mi
1595 Ellsworth St Unit 1 Gary, IN	2.0	1.0	868	$1,100	$1.27	0d	1	0.67mi
2306 W 5th Ave Gary, IN	2.0–3.0	1.0	937	$1,299	$1.39	0d	2	0.73mi
2306 W 5th Ave Apt 3 Gary, IN	3.0	1.0	1025	$1,299	$1.27	0d	1	0.73mi
358 Arthur St Unit 2 Gary, IN	2.0	1.0	800	$1,250	$1.56	0d	1	0.78mi
2939 W 10th Ave Gary, IN	2.0	1.0	744	$1,190	$1.60	0d	1	0.79mi
411 Pierce St Gary, IN	3.0	1.0	874	$1,395	$1.60	23d	1	0.81mi
317 Garfield St Gary, IN	3.0	1.0	936	$1,495	$1.60	45d	1	0.83mi
840 W 19th Ave Gary, IN	2.0	1.0	1035	$1,150	$1.11	21d	1	0.84mi
1531 Taney Pl Gary, IN	2.0	1.0	900	$1,045	$1.16	3d	1	0.88mi
501 Madison St Gary, IN	1.0–4.0	1.0	883	$1,362	$1.54	0d	11	1.08mi
2280 Roosevelt Pl Gary, IN	3.0	1.0	864	$1,560	$1.81	0d	1	1.13mi
2264 Taft St Gary, IN	2.0	1.0	800	$1,275	$1.59	0d	1	1.13mi
2361 Pierce St Unit 2 Gary, IN	3.0	1.0	860	$900	$1.05	0d	1	1.26mi
1316 Delaware St Unit 2 Gary, IN	2.0	1.0	700	$950	$1.36	22d	1	1.39mi
1329 Delaware St Gary, IN	2.0	1.0	1100	$1,100	$1.00	45d	1	1.43mi
2022 Massachusetts St Gary, IN	2.0	1.0	965	$975	$1.01	0d	1	1.43mi
2378 Jackson St Gary, IN	2.0	1.0	672	$1,050	$1.56	0d	1	1.46mi

Listing history 24 events

1. 2026-06-21
   days on market $7,999 Active 163 DOM
2. 2026-06-18
   days on market $7,999 Active 160 DOM
3. 2026-06-17
   days on market $7,999 Active 159 DOM
4. 2026-06-16
   days on market $7,999 Active 158 DOM
5. 2026-06-15
   days on market $7,999 Active 157 DOM
6. 2026-06-13
   days on market $7,999 Active 155 DOM
7. 2026-06-13
   days on market $7,999 Active 154 DOM
8. 2026-06-09
   days on market $7,999 Active 151 DOM
9. 2026-06-08
   days on market $7,999 Active 150 DOM
10. 2026-06-07
    days on market $7,999 Active 149 DOM
11. 2026-06-04
    days on market $7,999 Active 146 DOM
12. 2026-06-03
    days on market $7,999 Active 145 DOM
13. 2026-06-02
    days on market $7,999 Active 144 DOM
14. 2026-06-01
    days on market $7,999 Active 143 DOM
15. 2026-05-31
    days on market $7,999 Active 142 DOM
16. 2026-04-28
    price $7,999 1304-char remark

    Show marketing remark (1304 chars)

    This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

17. 2026-04-21
    price $8,499 1304-char remark

    Show marketing remark (1304 chars)

    This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

18. 2026-04-13
    price $8,999 1304-char remark

    Show marketing remark (1304 chars)

    This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

19. 2026-04-07
    price $9,400 1304-char remark

    Show marketing remark (1304 chars)

    This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

20. 2026-02-19
    price $9,900 1304-char remark

    Show marketing remark (1304 chars)

    This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

21. 2026-02-11
    price $12,400 1304-char remark

    Show marketing remark (1304 chars)

    This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

22. 2026-02-04
    price $12,900 1304-char remark

    Show marketing remark (1304 chars)

    This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

23. 2026-01-19
    price $13,900 1304-char remark

    Show marketing remark (1304 chars)

    This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

24. 2026-01-09
    listed $14,500 Active 1304-char remark

    Show marketing remark (1304 chars)

    This is not your average "fixer-upper"--this is a total renovation project for someone who isn't afraid to get their hands dirty. If you're looking for a move-in-ready home, this is not for you but if you're looking for a property with solid bones and a massive upside, this is the one. The Property The main structure requires significant TLC and a full vision to bring it back to life. It features a full basement, offering plenty of additional square footage for storage or future finished space once the heavy lifting is done. The Ultimate Workshop The true crown jewel of this property is the oversized, attached cinderblock garage. Built for serious work, it features a built-in mechanic's pit (service trench), making it a dream setup for: Car enthusiasts and mechanics. Metalworkers or heavy equipment hobbyists. Small business owners needing rugged, secure workspace. Highlights Solid Foundation: Despite the cosmetics the home has "good bones. " Massive Garage: Rare cinderblock construction with professional-grade features. Investment Opportunity: Priced to reflect its current distressed state, allowing for significant equity growth. Bring your contractor, your flashlight, and your imagination. This property is being sold strictly as-is. Must be accompanied by agent

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IN · Partial reset (capped growth)

• Current annual tax: $198 · $17/mo
• Projected year-2 tax: $198 · $17/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,475
• − Mortgage interest: −$448
• − Property taxes: −$198
• − Insurance: −$40
• − Repairs & maintenance: −$1,238
• − Management: −$1,238
• − Depreciation: −$233
• Taxable income: $12,080
• Est. tax owed @ 24.0%: −$2,899
• After-tax cash flow: $8,584/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Gary Community School Corporation
• NCES district ID: 1803870
• Math proficiency: 3% ▼ -10.00%
• Reading proficiency: 11% ▼ -6.00%
• Median HH income: $27,739
• Composite: 4.98/100
• National rank: #10039
• State rank: #299 of 301 in IN

Livability — Gary

• Score: 73/100
• State rank: #105
• US rank: #5592

Category grades

Amenities C+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety B- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gary, IN
• County: Lake County · 422,878 people
• City population: 63,701
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 15,428
• Household income: $42,256
• Rent vs Own: 43.6% rent · 56.4% own
• Severe rent burden: 800.0

Population outlook (Lake County) Hauer SSP2

• Today (2025): 484,026 people
• By 2030: 478,091 · -1.2%
• By 2040: 462,974 · -4.3%
• By 2050: 449,894 · -7.1%
• By 2075: 436,169 · -9.9%
• By 2100: 426,607 · -11.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (90%)
• Race & ethnicity: Black 90% Two or more races 5% Hispanic / Latino 5% White 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Lake

• 2024 margin: Lean D (+5.6) · D 52.1% · R 46.5% · Other 1.5%
• 2008→2024 swing: -28.6pp toward R · 2008: 34.3pp · 2024: 5.6pp
• All cycles: 2024: D+5.6 2020: D+15.1 2016: D+20.6 2012: D+31.0 2008: D+34.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -12.76%
• Current HPI: 252.6463
• Rent YoY: ▲ 11.62%
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

-44.8% since first listed

9 events — show timeline

• 2026-04-28 Price Changed $7,999 NIRA MLS as Distributed by MLS Grid
• 2026-04-21 Price Changed $8,499 NIRA MLS as Distributed by MLS Grid
• 2026-04-13 Price Changed $8,999 NIRA MLS as Distributed by MLS Grid
• 2026-04-07 Price Changed $9,400 NIRA MLS as Distributed by MLS Grid
• 2026-02-19 Price Changed $9,900 NIRA MLS as Distributed by MLS Grid
• 2026-02-11 Price Changed $12,400 NIRA MLS as Distributed by MLS Grid
• 2026-02-04 Price Changed $12,900 NIRA MLS as Distributed by MLS Grid
• 2026-01-19 Price Changed $13,900 NIRA MLS as Distributed by MLS Grid
• 2026-01-09 Listed $14,500 NIRA MLS as Distributed by MLS Grid

Property tax history

-7.4%/yr

Latest (2024): $198 · -1.8% YoY. Source: county tax records.