46402 Homes under $200,000

46402 Homes under $200,000

Welcome to Gary, Indiana, a vibrant city nestled in the heart of Lake County, where the charm of small-town living meets the conveniences of urban life. The 46402 zip code is a hidden gem, offering a unique blend of history, culture, and opportunity. Known for its rich industrial heritage and stunning lakefront views, Gary is a place where community spirit thrives and families flourish.

One of the most enticing aspects of the 46402 area is the accessibility of affordable housing. Here, you can discover a variety of homes priced under $200,000, making it an ideal destination for first-time buyers, investors, or those looking to downsize. From cozy bungalows to spacious family homes, the real estate options in this region provide both charm and value. Many properties boast features such as large yards, updated interiors, and proximity to local parks and amenities.

Living in Gary means enjoying an array of recreational activities, including access to beautiful beaches along Lake Michigan, vibrant community events, and a rich arts scene. With easy access to major highways and public transportation, commuting to nearby cities like Chicago is a breeze.

Whether you're seeking a starter home or an investment opportunity, the 46402 zip code offers a welcoming community and a promising future. Come explore the possibilities that await you in Gary, Indiana—where your dream home is just a step away!

Newest 46402 Homes under $200,000

1405 W 2nd Avenue, Gary
$55,000
2 Beds ⋅ 1 Baths
Great opportunity to own a well-positioned property in Gary! This 2-bedroom, 1-bath home features a functional layout and a basement offering additional space with potential to be finished to fit your needs. Conveniently located near major roadways, local amenities, and downtown Gary. Whether you're looking for your next home or an investment opportunity, this property offers plenty of potential. Schedule your showing today!

1405 W 2nd Avenue, Gary
544 Van Buren Street, Gary
$79,900
4 Beds ⋅ 2 Baths
READY FOR REHAB! This 4 bedroom 2 bath two story is ready to be reimagined. There is room for a 5th bedroom on the main floor. There is also a full basement. The main drain to house is new and ready for use. Easy access to I65 and Skyway. Close to Southshore station. Come and be a part of building a Greater Gary! Schedule your showing today!

544 Van Buren Street, Gary
265 Harrison Street, Gary
$40,000
3 Beds ⋅ 2 Baths
Great Investor/ Rehab opportunity available! There is endless opportunity with this space= approximately 2,050 total square footage; not including the basement. Agent and Buyers should take their own measurements! The Interior shows some rehab progress started on the main and upper level, including open framing and drywall work started. Sold AS-IS.

265 Harrison Street, Gary
638 Carolina Street, Gary
$27,900
3 Beds ⋅ 2 Baths
INVESTOR SPECIAL ! Bring your vision and renovation ideas to this property located in Gary, Indiana. Great opportunity for experienced investors or buyers looking for a complete renovation project. Property is being sold strictly AS-IS.

638 Carolina Street, Gary
818 Louisiana Street, Gary
$24,900
2 Beds ⋅ 1 Baths
INVESTOR SPECIAL! 2 bedroom 1 bathroom ranch on a full basement needs to be brought back to life! Utilities are not on and meters are not present. CASH ONLY SALE.

818 Louisiana Street, Gary
891 Louisiana Street, Gary
$24,900
2 Beds ⋅ 1 Baths
INVESTOR SPECIAL! 2 bedroom 1 bathroom ranch on a full basement needs to be brought back to life! Utilities are not on and meters are not present. CASH ONLY SALE.

891 Louisiana Street, Gary
830 Georgia Street, Gary
$49,900
4 Beds ⋅ 2 Baths
INVESTOR SPECIAL. This duplex could easily be converted to a triplex or back to a single family home. Utilities are not on and meters are not present. CASH ONLY SALE.

830 Georgia Street, Gary
860 Louisiana Street, Gary
$100,000
2 Beds ⋅ 2 Baths
Investor opportunity! This single-family home at 860 Louisiana Street offers more than 1,400 square feet of flexible living space with hardwood floors throughout. The main level includes two bedrooms and a full bathroom, while the finished basement provides additional space for one or two bedrooms, a home office, or guest space, along with a second full bathroom. The large, enclosed and heated back porch can be used year-round as a den, office, or additional living area. With its flexible layout and additional finished space, this property offers strong rental potential and an opportunity for an investor to add value and build long-term cash flow.

860 Louisiana Street, Gary
355 Lincoln Street, Gary
$89,000
2 Beds ⋅ 1 Baths
Welcome to this solid brick ranch offering easy, single-level living in Gary! This well-built 962 sq ft home features 2 comfortable bedrooms and 1 full bathroom, ideal for first-time buyers, downsizers, or investors looking for a great addition to a rental portfolio. The full, unfinished basement is a blank canvas--perfect for extra storage, a workshop, or future finished living space to fit your needs. Outside, you'll find a backyard that would be great for pets, gardening, or weekend gatherings, plus a detached 1-car garage for parking and additional storage. Brick exteriors mean lasting durability and low-maintenance curb appeal. With its efficient layout and classic ranch charm, this home is ready for your personal touch.

355 Lincoln Street, Gary
801 Tennessee Street, Gary
$57,500
2 Beds ⋅ 1 Baths
**801 Tennessee St, Gary, IN 46402** Property is being sold **as-is** and is vacant and cleaned out. The property presents an opportunity for renovation and improvement. Recent comparable sales are located in the surrounding neighborhood. Buyer are encouraged to conduct their own due diligence regarding property condition, measurements, zoning, permits, utilities, and any repairs or improvements that may be required. Buyer to independently verify all information.

801 Tennessee Street, Gary
645 Maryland Street, Gary
$99,900
3 Beds ⋅ 3 Baths
INVESTORS ! Large 3 unit. Mechanicals in, ready for drywall ! CASH or 203K only

645 Maryland Street, Gary
665 Fillmore Street, Gary
$74,900
3 Beds ⋅ 1 Baths
Great investment opportunity! Flix and flip this brick home.

665 Fillmore Street, Gary
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Updated . Information deemed reliable but not guaranteed.