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    1152 Hovey St Gary, IN 46406

    Picture of Land at Hovey St 1152, Gary, IN
    For Sale
    Contact for pricing

    Unimproved Land - Gary, IN

    Type:Unimproved Land
    Lot size:
    0.34 Acres
    Days on Market:
    233
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 1152 Hovey St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    450712277021000004
    Lot size
    0.34 Acres

    Building Details

    Architectural style
    Other

    Integrity Realty Partners (219) 501-0404 [email protected]

    Listing agent Luis Cortes (219) 501-0404 License #RB24000988

    Listing date Apr 17, 2025

    MLS# 819268 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land For Development

    This 0.344-acre parcel of unimproved land in Gary, Indiana, offers potential for residential development. The property is suitable for building three separate single-family homes or a multi-unit dwelling. The location in Gary, IN, positions it for strong rental income or quick resale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.397128
    Latitude
    41.584118

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    FAQs

    What type of property is this?
    Land - Three-lot land parcel suitable for residential development.
    Where is this land located?
    The property is located at 1152 Hovey St Gary, IN.
    What is the asking price?
    The asking price for this property is $19,000.
    What are key features of this property?
    This property features: - High-potential land for residential development.; - Potential for building three separate single-family homes or a multi-unit dwelling.; - Positioned for strong rental income.
    (219) 501-0404
    Request Owner's contact information
    1152 Hovey St Gary, IN 46406
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    Gary, IN 46406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1152 Hovey St Gary, IN 46406
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