420 Adams St

$200,000
Price
6
Beds
3,738 Sq. Ft.
$54 / Sq. Ft.
3,738
Sq. Ft.
$54
per Sq. Ft.

Description

Prime Downtown Gary Development OpportunityMore than just a parcel--this is a chance to be part of the bold next chapter in the City of Gary Indiana's comeback story that's already being written. This 10,000+ square foot lot, improved with an older brownstone triplex, is ideally located within walking distance of the planned revitalization of the South Shore Line Train Station--an anchor in the city's evolving transportation and redevelopment plans. Property is located within a designated Transit-Oriented...Prime Downtown Gary Development OpportunityMore than just a parcel--this is a chance to be part of the bold next chapter in the City of Gary Indiana's comeback story that's already being written. This 10,000+ square foot lot, improved with an older brownstone triplex, is ideally located within walking distance of the planned revitalization of the South Shore Line Train Station--an anchor in the city's evolving transportation and redevelopment plans. Property is located within a designated Transit-Oriented Development (TOD) district--a key area identified in the 2023 Northwest Indiana TDD Strategic Implementation Plan. The site sits at the crossroads of public investment, regional strategy, and untapped potential. Looking for high-density housing or mixed-use development, this property is tailor-made for a project that aligns with Gary's long-term vision for smart growth and sustainable urban renewal. Yes, the aging triplex on the land needs a complete rehab before leasing units--but the real value isn't what stands today. It's what could rise tomorrow. This is a rare opportunity to create something transformative: a development that breathes new life into the block, builds community, and reflects the spirit of a city rebuilding with purpose. The vision is in motion. The framework is set. All that's needed now is the right developer--someone who sees more than a structure... someone who sees possibility. Gary is not just rebuilding structures--it's rebuilding trust, pride, and momentum. This is your opportunity to make a lasting impact. A statement project. A partnership with purpose. A stake in one of the Midwest's most compelling urban renewal stories. Property being sold As-Is, Where-Is
  1. Listed by Dennis Nichols • Weichert, Realtors-Moke Agency
    P: (219)-257-2800 C: (219)-257-2800 dennis.nichols2020@gmail.com

Property Details for 420 Adams Street

Subdivision
Gary Land Companys 01
Pets Allowed
No
LISTING UPDATED: 08/15/2025 03:27 PM

Property Details for 420 Adams Street

StatusActive
MLS #824001
Days on Market172
Taxes$2,201 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1915
Lot Size0.24 AC / 10,629 SF
CountyLake County

Location

Listing Courtesy of Weichert, Realtors-Moke Agency
Add your commute

Building Information for 420 Adams Street

Stories-Residences3Year Built1915Building Size-Lot Size0.24 AC / 10,629 SF

Payment Calculator

$1,172 per month

30 year fixed, 6.28% Interest

Principal and Interest

$988

Property Taxes

$183

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 420 Adams Street

Summary
Location and General Information
  • Directions: 4th Ave to Adams - Southproperty located on west side of Adams.
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46402
  • Latitude: 41.60
  • Longitude: -87.34
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $2,201.00
  • APN/Key #: 450804281017000004
  • Tax Year: 2023
  • Tax Legal Description: GARY LAND CO'S 1ST SUB. BL.103 LOTS 18,19 & 20
Parking
  • Garage Description: Gravel, On Street, Off Street
  • Carport - # of Cars: 0
Property
Lot Information
  • Lot Square Footage: 10,629.00
  • Total Sq. Ft.: 3738.0
  • Square Footage Source: Assessor
  • Acres: .24
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Triplex
  • Year Built: 1915
  • Lot Description: Rectangular Lot
Utilities
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Levels: Two
Interior Features
  • Appliances: None
  • Basement Type: Daylight, Walk-Out Access
  • Basement: Yes
  • Total Full Baths: 3
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 3
  • Bedrooms: 6
  • Basement Sq Ft: 0.0
  • Cooling: None
  • Heat Type: None
  • Interior Features: None
Multi Family
Multi-Family Information
  • # of Units: 3
Rental
Rental Information
  • TenantPays: None

Property History for 420 Adams Street

DateEvent & SourcePriceAppreciation
Jul 10, 2025

Listed (Active)

Northwest Indiana REALTORS® Association #824001

$200,000
Jul 3, 2003

Expired

Northwest Indiana REALTORS® Association #85942

May 22, 2003

Listed (Active)

Northwest Indiana REALTORS® Association #85942

$49,000
Mar 28, 1999

Sold

Northwest Indiana REALTORS® Association #547881

$29,000
Mar 28, 1999

Pending

Northwest Indiana REALTORS® Association #547881

Mar 28, 1999

In Contract

Northwest Indiana REALTORS® Association #547881

Nov 21, 1998

Listed (Active)

Northwest Indiana REALTORS® Association #547881

$39,000
DateEvent & SourcePrice
07/10/2025

Listed (Active)

Northwest Indiana REALTORS® Association #824001

$200,000
07/03/2003

Expired

Northwest Indiana REALTORS® Association #85942

05/22/2003

Listed (Active)

Northwest Indiana REALTORS® Association #85942

$49,000
03/28/1999

Sold

Northwest Indiana REALTORS® Association #547881

$29,000
03/28/1999

Pending

Northwest Indiana REALTORS® Association #547881

03/28/1999

In Contract

Northwest Indiana REALTORS® Association #547881

11/21/1998

Listed (Active)

Northwest Indiana REALTORS® Association #547881

$39,000

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

Public Records for 420 Adams Street

Taxable ValueLand$14,700Additions$10,600Total$25,300
Tax Record2024$2,261 ($188 / month)
Home Facts
Baths4Total Finished SqFt2,492 SqFtAbove Grade Finished SqFt2,492 SqFtStories2Lot Size10,629 SqFtStyleTriplexYear Built1915CountyLAKEAPN45-08-04-281-017.000-004

Schools near 420 Adams 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 6
Rating
School
Distance
Beveridge Elementary School
PublicK to 5

Gary Middle School
Public6 to 8

West Side Leadership Academy
Public9 to 12

Jefferson Elementary School
PublicK to 6

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

420 Adams Street is a multi-family home for sale in Gary, IN 46402. This property was listed for sale on July 10, 2025 by Weichert, Realtors-Moke Agency, it's currently listed at $200,000. It has been on the market for a total of 172 days and was last sold on March 28, 1999. This listing's school district is Gary Community School Corp. Nearby schools include Beveridge Elementary School, Gary Middle School and West Side Leadership Academy. 420 Adams Street is a 6-bed, 3-bath, 3,738 sqft multi-family home built in 1915.

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 Weichert, Realtors-Moke Agency

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/30/2025 07:10 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.