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$750,000

646 S Hamilton Street Gary, IN  46403

  • 2 Beds
  • 1 Baths
  • 904 sq. Ft

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Property Description for 646 S Hamilton Street Gary, IN 46403

1.3 ACRES, INCLUDES 904 SQ FT HOME, GARAGE AND GREENEHOUSE!! Prime Real Estate Opportunity in Miller Beach! Zoned R6, MIXED USES, within the East Lakefront District, this is a RARE chance to own a slice of prime land in the heart of Miller Beach, directly across from the new Miller Beach South Shore Train Station. The 2-bedroom, 1-bathroom home, with 2 car detached garage and a green house, sits on an expansive 1.3-acre lot spanning across 12 parceled lots, offering unparalleled potential for development and investment, ZONED R6Key Features: 2 bedrooms, 1 bathroom homeSituated on 1.3 acres of prime landDirectly across from the new Miller Beach South Shore Train Station Zoned R6, Transit-Oriented Development (TOD) Zone within the Lake Street CorridorEndless possibilities for future developmentIdeal for advanced investors and developersProperty Highlights: Ample space for additional structures or amenitiesBeautiful surroundings and proximity to Miller Beach.EXCEPTIONAL INVESTMENT OPPORTUNITY!!This property presents an extraordinary opportunity for the astute investor and developer. With its strategic location, expansive land, and inclusion in the future TOD Zone, the possibilities for development are limitless. Whether you're looking to capitalize on the burgeoning real estate market or create a visionary project, this is an opportunity not to be missed.Don't miss out on this rare chance to own prime real estate in one of Miller Beach's most sought-after locations. Explore the endless possibilities this property has to offer!! Please see the attached document R6 ZONING

Address:646 S Hamilton Street Gary IN 46403
Status:Active
on site: 202 days
Price:$750,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:904
Year Built:1923
Lot Size:1.30
County: Lake
Township: Calumet
MLS #:802082
Property Type:Single Family Residence

Lot Dimensions:403 x 150
Directions:From Route 20 and Lake Street. Proceed on Lake street, cross the South Shore train tracks, and immediately turn left. ( West) on 7th Ave. Proceed west on 7th Ave to first street on your right, S. Hamilton. Turn right, proceed to home on your left.
Total Sq. Ft. :904
Basement:Yes

Loan Price
$4,225
Price And Interest $3,912/month
Property Tax $0/month
MTG INS $0/month
HOME INS $313/month
Price
$750,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,756 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Kitchen Kitchen, Info Not Available
Family Room Info Not Available
Primary Bedroom Info Not Available
Bedroom 2 Info Not Available
Other Enclosed Info Not Available
Basement Basement Info Not Available
Basement Basement. Info Not Available

Tax Year:2022
Mandatory HOA Fee:$

City:Gary
Subdivision: Ridge
Zip Code:46403

Total Sq. Ft.:904
Interior Features:Open Floorplan
Appliances:Dryer, Washer, Gas Range, Free-Standing Refrigerator
Exterior Features:None
Heat:Forced Air
Total Rooms:7
Jeff Safrin, REALTORĀ®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Listing provided courtesy of Alan Harrell with McColly Real Estate from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/12/2024 12:00 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.





Gary Market Report

74
Avg. DOM
$93.51
Avg. $ / Sq.Ft.
$ 129,000
Med. List Price

The house prices in Gary are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for Gary.

The most popular place to buy a home in Gary is null. null is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Gary .

The average amount of property taxes you would have to pay for a home in Gary is $433.24. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Gary are staying listed for an average of 84 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Gary was 34 minutes ago.

At the moment we have 3 open houses that you can visit.

The cost of the most expensive home in Gary is $750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Gary is $4,999.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Gary in year 1905 and the newest built house is in year 2024.

The average size of properties in Gary is 1618.39 sq.ft. , the biggest one being 5040 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.