501 W 41st Avenue, Gary, IN 46408 | MLS #839616 | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of House Curate Company, LLCNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 839616MLS Provider

501 W 41st AvenueGary, IN 46408

Vacant Land · 0.80 Acres
$40,000 Active

501 W 41st Avenue Overview

Time on Site:
33 days
Visits:
0

Looking for land with potential? This oversized vacant parcel offers approximately 0.80 acres in an established Gary neighborhood with R-3 residential zoning. Plenty of space to explore future residential development possibilities while enjoying convenient access to nearby amenities and commuter routes. Permitted and special uses within the R-3 district may include single-family residential development, community and recreational uses, places of worship, day care facilities, parks, libraries, and other approved residential-supportive uses. Great opportunity for builders, investors, developers, or buyers ready to bring their vision to life. Buyer to verify zoning, utility availability, and intended uses with the City of Gary.

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501 W 41st Avenue Facts & Features

  • Type Vacant Land
  • Lot 0.80 Acres

Details

General

Association/HOA

  • Association: false

Location/Region

  • County Or Parish: Lake
  • Township: Calumet

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 361
  • Tax Assessed Value: 10300
  • Tax Year: 2024

General Information

  • Listing Terms: Cash
  • Parcel Number: 450828403002000004
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Special Listing Conditions: None

Interior

General Information

  • Electric: Other

Exterior

Lot Information

  • Additional Parcels: false
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.795
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 34630
  • Number Of Lots: 1
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: None

501 W 41st Avenue Neighborhood

Community

46408 (GARY) Demographics

40
Median Age
1,645
Population Density (per sq. mile)
18%
College Educated
$39,956
Estimated Median Income
4,301
Estimated Total Home Owners
2,429
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

501 W 41st Avenue Monthly Cost

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Mike Mabry
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

501 W 41st Avenue Market Data

Based on the last 30 days in this zip code

$132,494
Average List Price
$94
Average Price per Square Foot
13
Properties Sold
68
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

501 W 41st Avenue History

Date Event Value Agent
5/27/2026Source: Northwest Indiana MLS Added to Database
May 27, 2026