2425 Prospect St

1,056 Sq. Ft.
$54 / Sq. Ft.
1,056
Sq. Ft.
$54
per Sq. Ft.

Description

Great opportunity to own this estate property in Gary! This 3-bedroom, 1-bath home features central air conditioning, lead-free piping, a 1-car detached garage, and a backyard storage shed--perfect for additional storage. The property is being sold as-is and does need some work, making it ideal for investors or buyers looking to add their personal touch. Inside, you'll find a functional layout that's ready for your finishing touches. With solid potential and great value, this property is ready for...Great opportunity to own this estate property in Gary! This 3-bedroom, 1-bath home features central air conditioning, lead-free piping, a 1-car detached garage, and a backyard storage shed--perfect for additional storage. The property is being sold as-is and does need some work, making it ideal for investors or buyers looking to add their personal touch. Inside, you'll find a functional layout that's ready for your finishing touches. With solid potential and great value, this property is ready for your vision.
  1. Listed by Tanika Fulgham • Keller Williams Preferred Real
    P: (773)-999-8985 C: (773)-999-8985 tanika.fulgham@kw.com

Property Details for 2425 Prospect Street

Subdivision
Mid City Realty Companys Central
Garage # of Cars
1
LISTING UPDATED: 01/02/2026 11:42 AM

Property Details for 2425 Prospect Street

StatusActive
MLS #827596
Days on Market151
Taxes$961 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1947
Lot Size0.11 AC / 4,661 SF
CountyLake County

Location

Listing Courtesy of Keller Williams Preferred Real
Add your commute

Building Information for 2425 Prospect Street

Stories-Year Built1947Building Size-Lot Size0.11 AC / 4,661 SF

Payment Calculator

$356 per month

30 year fixed, 6.15% Interest

Principal and Interest

$276

Property Taxes

$80

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2425 Prospect Street

Summary
Location and General Information
  • Directions: Take I-80/94 to Broadway (IN-53) and head north. Turn right onto 25th Ave, then left onto Massachusetts St. Turn right onto 24th Ave, then left onto Prospect St. Property will be on the right.
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46407
  • Latitude: 41.57
  • Longitude: -87.33
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $961.00
  • APN/Key #: 450815184007000004
  • Tax Year: 2023
  • Tax Legal Description: MID CITY REALTY CO. CENTRAL SUB. ALL L.7 BL.9
Property
Lot Information
  • Lot Square Footage: 4,661.00
  • Square Footage: 1056.0
  • Acres: .11
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1947
  • Lot Description: Back Yard
Utilities
  • Electric: Other
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Levels: Other
Interior Features
  • Appliances: None
  • Basement: No
  • Total Full Baths: 1
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 1
  • Bedrooms: 3
  • Basement Sq Ft: 0.0
  • Cooling: Central Air
  • Flooring: Carpet
  • Heat Type: Natural Gas
  • Interior Features: None
  • Total # of Rooms: 6
Room 1
  • Room Description: buyer to verify all measurements
  • Room Dimensions: 19.0 x 10.0
  • Room Type: Living Room
Room 2
  • Room Description: buyer to verify all measurements
  • Room Dimensions: 10.0 x 10.0
  • Room Type: Primary Bedroom
Room 3
  • Room Description: buyer to verify all measurements
  • Room Dimensions: 10.0 x 10.0
  • Room Type: Bedroom 2
Room 4
  • Room Description: buyer to verify all measurements
  • Room Dimensions: 10.0 x 10.0
  • Room Type: Bedroom 3
Room 5
  • Room Description: buyer to verify all measurements
  • Room Dimensions: 9.0 x 9.0
  • Room Type: Dining Room
Room 6
  • Room Description: buyer to verify all measurements
  • Room Dimensions: 14.0 x 9.0
  • Room Type: Kitchen

Property History for 2425 Prospect Street

DateEvent & SourcePriceAppreciation
Jan 2, 2026

Price Change

Northwest Indiana REALTORS® Association #827596

$56,675
Oct 21, 2025

Price Change

Northwest Indiana REALTORS® Association #827596

$63,700
Sep 10, 2025

Listed (Active)

Northwest Indiana REALTORS® Association #827596

$69,900
DateEvent & SourcePrice
01/02/2026

Price Change

Northwest Indiana REALTORS® Association #827596

$56,675
10/21/2025

Price Change

Northwest Indiana REALTORS® Association #827596

$63,700
09/10/2025

Listed (Active)

Northwest Indiana REALTORS® Association #827596

$69,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2425 Prospect Street

Taxable ValueLand$5,700Additions$33,100Total$38,800
Tax Record2024$1,066 ($89 / month)
Home Facts
Beds1Baths1Total Finished SqFt1,056 SqFtAbove Grade Finished SqFt1,056 SqFtStories1Lot Size4,661 SqFtStyleSingle Family ResidenceYear Built1947CountyLAKEAPN45-08-15-184-007.000-004

Schools near 2425 Prospect Street

This home is within Gary Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Daniel Hale Williams Elementary School
PublicK to 5

Gary Middle School
Public6 to 8

West Side Leadership Academy
Public9 to 12

Gary Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2425 Prospect Street is a single family home for sale in Gary, IN 46407. This property was listed for sale on September 10, 2025 by Keller Williams Preferred Real, it's currently listed at $56,675. This listing's school district is Gary Community School Corp. Nearby schools include Daniel Hale Williams Elementary School, Gary Middle School and West Side Leadership Academy. 2425 Prospect Street is a 3-bed, 1-bath, 1,056 sqft single family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Preferred Real

Based on information submitted to the MLS GRID as of 01/02/2026 11:42 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.