Active
$159,000
Est: $1,038/moGet pre-approved
2 beds1,534 sqft

5200 W Ridge Rd, Gary, IN 46408

Single FamilyProperty Type
0.5 acresLot Size
1936Year Built
$104/sq ftPrice per sq ft
2 carsParking Spaces

Description

Great opportunity for homeowners and investors alike! Situated on nearly half an acre, this ranch-style home with a basement offers a spacious layout, recent improvements, and excellent rental potential. The main level features an inviting living area filled with natural light, an adjoining dining space, and a comfortable sunroom overlooking the property. The basement with 1/2 bath and additional separate shower provides additional space for storage or to make it your own! Recent updates include...Great opportunity for homeowners and investors alike! Situated on nearly half an acre, this ranch-style home with a basement offers a spacious layout, recent improvements, and excellent rental potential. The main level features an inviting living area filled with natural light, an adjoining dining space, and a comfortable sunroom overlooking the property. The basement with 1/2 bath and additional separate shower provides additional space for storage or to make it your own! Recent updates include a new roof installed just two months ago, along with improvements to the main floor. Outside, you'll find a generous yard, ample driveway parking, and a detached two-car garage that needs a new garage door. Currently tenant-occupied at 1,150 per month, with the tenant responsible for all utilities, including water and trash. The tenant is on a month-to-month lease, offering flexibility for buyers looking to owner-occupy or investors seeking immediate rental income. The current tenant would love to stay, providing an opportunity to retain an established tenant while benefiting from potential future rent increases. Conveniently located near schools, restaurants, shopping, and major roadways, including I-80/94, providing easy access to Chicago. Washer and dryer belong to the tenant and are excluded from the sale. Property is being sold As-Is. A solid opportunity to add to your investment portfolio or make this property your future home!
7 days on Market
Last updated: 10/27/2026 06:05 PM • Source: Northwest Indiana REALTORS® Association as distributed by MLS GRID, MLS#: NRA847420
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$1,038 per month

30 year fixed, 7.03% Interest

Principal and Interest

$849

Property Taxes

$189

HOA Dues

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Property Information for 5200 West Ridge Road

Property Details

  • Taxes: $2,270 / year
  • MLS Type: Residential / Single Family Residence
  • County: Lake County
  • Subdivision: NA
  • Garage # of Cars: 2
  • OriginalListPrice: $159,000.00
  • NRA_DelayedMarketingYN: No
  • NRA_ExemptionYN: No
  • SpecialListingConditions: Standard
  • NRA_AuctionYN: No
  • NRA_EarnestMoneyDeposit: $1,000.00

Building Information

  • Year Built: 1936
  • Lot Size: 0.50 AC / 21,780 SF

Summary

Location and General Information
  • Directions: From I-80/I-94, take the Burr Street exit and head north on Burr Street. Turn west onto W Ridge Road (US-6). Continue to 5200 W Ridge Road. Property is located along W Ridge Road. The previous listing for this exact address provides an even simpler
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46408
  • Latitude: 41.55
  • Longitude: -87.40
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $2,270.00
  • APN/Key #: 450725201015000003
  • Tax Year: 2025
  • Tax Legal Description: E 100 FT OF E 1/2 W 1/2 NW NE S.25 T.36 R.9 EXC. N. 871.20 FT .50AC
School Information
  • School District: Lake Ridge
Parking
  • Garage Description: Detached, Paved, Garage Faces Front, Driveway

Property

Lot Information
  • Lot Square Footage: 21,780.00
  • Square Footage: 1534.0
  • Square Footage Source: Public Records
  • Acres: .50
  • LotSizeSource: Assessor
  • WaterfrontYN: No
  • AboveGradeFinishedArea: 828.0
  • View: None
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1936
  • Lot Description: Back Yard, Paved, Landscaped, Front Yard
  • NewConstructionYN: No
  • GarageYN: Yes
  • AssociationYN: No
  • PropertyAttachedYN: No
Utilities
  • Sewer: Septic Tank
  • WaterSource: Public

Interior and Exterior Features

Exterior Features
  • Exterior Features: Private Yard
  • Out Buildings: Garage(s)
  • Construction Materials: Vinyl Siding
  • Levels: One
  • PatioAndPorchFeatures: Enclosed, Screened, Porch, Front Porch
  • PoolFeatures: None
Interior Features
  • Appliances: Freezer, Refrigerator, Gas Range, Gas Cooktop
  • Basement Type: Full, Walk-Out Access, Storage Space
  • Basement: Yes
  • Total Full Baths: 1
  • Total 1/2 Baths: 1
  • Total 3/4 Baths: 0
  • Total Baths: 2
  • Bedrooms: 2
  • Basement Sq Ft: 706.0
  • Cooling: Central Air
  • Flooring: Hardwood, Vinyl
  • Heat Type: Central
  • Interior Features: Entrance Foyer, Open Floorplan
  • Roof: Shingle
  • Total # of Rooms: 7
  • FireplaceYN: No
  • LaundryFeatures: Gas Dryer Hookup, Washer Hookup, Main Level
  • SecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
Room 1
  • Room Dimensions: 9.5 x 9.5
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 9.4 x 9.4
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 23.0 x 16.0
  • Room Type: Bonus Room
Room 4
  • Room Dimensions: 11.5 x 10.0
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 13.0 x 10.0
  • Room Type: Living Room
Room 6
  • Room Description: Screen Porch
  • Room Dimensions: 10.0 x 5.0
  • Room Type: Other
Room 7
  • Room Dimensions: 7.0 x 5.0
  • Room Type: Laundry

Property History for 5200 West Ridge Road

DateEvent & SourcePriceAppreciation
Oct 27, 2026

Listed (Active)

Northwest Indiana REALTORS® Association #NRA847420

$159,000
—
Oct 5, 2023

Sold (Public Record)

Public Record #1533497524

$95,000
—
Oct 5, 2023

Sold

Northwest Indiana REALTORS® Association #537253

$95,000
—
DateEvent & SourcePrice
10/27/2026

Listed (Active)

Northwest Indiana REALTORS® Association #NRA847420

$159,000
10/05/2023

Sold (Public Record)

Public Record #1533497524

$95,000
10/05/2023

Sold

Northwest Indiana REALTORS® Association #537253

$95,000

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

Public Records for 5200 West Ridge Road

Taxable Value

Land

$11,300

Additions

$102,200
Total$113,500

Tax Record

2024

$128 ($11 / month)

Home Facts

Beds

2

Baths

1.5

Total Finished SqFt

1,656 SqFt

Above Grade Finished SqFt

1,656 SqFt

Stories

1

Lot Size

21,780 SqFt

Style

Single Family Residence

Year Built

1936

Year Renovated

1975

County

LAKE

APN

45-07-25-201-015.000-003

Schools near 5200 West Ridge Road

This home is within Lake Ridge New Technical Schools.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Longfellow Elementary School
PublicK to 4

Lake Ridge Middle School
Public5 to 8

Calumet High School
Public9 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.

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5200 West Ridge Road is a single family home for sale in Gary, IN 46408. This property was listed for sale on October 27, 2026 by Listing Leaders Northwest, it's currently listed at $159,000. It has been on the market for a total of 7 days and was last sold on October 5, 2023. This listing's school district is Lake Ridge New Technical Schools. Nearby schools include Longfellow Elementary School, Lake Ridge Middle School and Calumet High School. 5200 West Ridge Road is a 2-bed, 2-bath, 1,534 sqft single family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Listing Leaders Northwest

Based on information submitted to the MLS GRID as of 10/27/2026 06:05 PM. 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.