R-3 Zoned Residential Development
For Sale
$40,000
501 West 41st Avenue, Gary, IN 46408
Oversized vacant parcel in an established neighborhood, zoned R-3 for residential and related community uses.
Property Size34,630 SF
Lot Size0.80 Acres
Price / SF$1.16
Days on Market128
Property Features for 501 West 41st Avenue
General Information
Standard status
Active
Size
34,630 SF
Lot size
0.80 Acres
Property subtype
Land / Unimproved Land
Zoning
R-3
Taxes and HOA fees
Annual Taxes
$361
Listing Agency:
House Curate Company, LLC
(219) 313-0140
Listed By:
Erica Garcia · License #475176084
(219) 313-0140
Source:
Compass
Added: Apr 7
Changed: Aug 8
Last Checked: Jul 16 at 5:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of House Curate Company, LLC
Investment Insights
Based on property information with market context.
The property is an oversized vacant land parcel totaling approximately 0.80 acres. It is offered for sale as raw land, with no existing structures noted in the provided information.
The lot is located in an established Gary neighborhood and is zoned R-3 residential. The public remarks indicate that the R-3 district supports single-family residential development along with certain community and recreational uses, places of worship, day care facilities, parks, libraries, and other approved residential-supportive uses. The seller notes convenient access to nearby amenities and commuter routes; however, specific streets, traffic counts, or nearby anchors are not provided.
This site may fit buyers and developers seeking a residentially zoned parcel for single-family homes or other permitted residential-supportive uses listed for the R-3 district. As stated in the remarks, the buyer should verify zoning details, utility availability, and intended uses with the City of Gary prior to planning or development.
The lot is located in an established Gary neighborhood and is zoned R-3 residential. The public remarks indicate that the R-3 district supports single-family residential development along with certain community and recreational uses, places of worship, day care facilities, parks, libraries, and other approved residential-supportive uses. The seller notes convenient access to nearby amenities and commuter routes; however, specific streets, traffic counts, or nearby anchors are not provided.
This site may fit buyers and developers seeking a residentially zoned parcel for single-family homes or other permitted residential-supportive uses listed for the R-3 district. As stated in the remarks, the buyer should verify zoning details, utility availability, and intended uses with the City of Gary prior to planning or development.
Key Highlights
- Approximately 0.80‑acre oversized vacant parcel in an established Gary neighborhood
- Zoned R‑3 residential, with permitted and special uses that may include single‑family residential development
- R‑3 may also allow community and recreational uses, places of worship, day care facilities, parks, and libraries
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 46408, IN
15,109
Population
7,861
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
84%
High-School Grad
9.7 sq mi
ZIP Area
1,558
Density / Sq Mi
$47,063
Median Household Income
$35,163
Median Earnings
$1,016
Median Rent
$96,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Oversized vacant parcel in an established neighborhood, zoned R-3 for residential and related community uses.
Where is this residential land & home lot located?
The property is located at 501 West 41st Avenue Gary, IN.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Approximately 0.80‑acre oversized vacant parcel in an established Gary neighborhood; Zoned R‑3 residential, with permitted and special uses that may include single‑family residential development; R‑3 may also allow community and recreational uses, places of worship, day care facilities, parks, and libraries
