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3 Beds
2 Baths
2,497 sqft

$100,000

1565 Wallace Street, Gary IN, 46404

Price per sqft$40.05
Built in1964
Property size2,497 sqft
Property typeResidential

Overview

Pending

Listed Oct 9, 2026

Updated 16h ago

Welcome to 1565 Wallace Street! This spacious, all-brick ranch offers over 3,000 square feet of living space and endless potential. Featuring 3 bedrooms, 2 full bathrooms, an attached 2-car garage, and a concrete back patio perfect for outdoor entertaining, the bones and structure are ready for your vision. While the home is in need of some TLC, it presents an exceptional opportunity for investors seeking a profitable turn-key project or homebuyers looking to build immediate sweat equity. Situated on a classic, picture-perfect street lined with well-maintained brick ranches, this neighborhood charm makes the investment all the more rewarding. Needing some TLC, making it the perfect candidate for a home renovator, flipper, or buyer looking to customize their dream home while adding massive equity!! Opportunities with this much space on a block like this don't come around often. Bring your contractor and your creative vision! Don't miss out on unlocking the true value of this solid Gary home--schedule your showing today!

$665/mo

Est. mortgage payment based on a $100,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
846697

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$3,043
Tax Frequency
Annually
Garage
Yes
View
Yes

Courtesy of McColly Real Estate, Alan Harrell,
Listing Contact: (219) 241-1556 

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gina Guarino Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 2:58 AM UTC on 10/14/2026. 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.

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