2425 Prospect St, Gary, IN 46407
Property image
Property image
SOLD
APR 6, 2026

2425 Prospect St
Gary, IN 46407

Midtown
  • 3 Beds
  • 1 Bath
  • 1,056 sqft

$44,550

Last Sold: Apr 6, 2026
21% below list $56.68K
$42/sqft

$44,550

Last Sold: Apr 6, 2026
21% below list $56.68K
$42/sqft
3 Beds
1 Bath
1,056 sqft

Local Information

  • Map ViewExplore the area around 2425 Prospect St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1947
Living Area
1,056 sqft
Price/Sqft
$42/sqft
Parking
Garage

About this House

Great opportunity to own this estate property in Gary! This 3-bedroom, 1-bath home features central air conditioning, lead-free piping, a 1-car detached garage, and a backyard storage shed--perfect for additional storage. The property is being sold as-is and does need some work, making it ideal for investors or buyers looking to add their personal touch. Inside, you'll find a functional layout that's ready for your finishing touches. With solid potential and great value, this property is ready for your vision.
2425 Prospect St, Gary, IN 46407 is a 3 bedroom, 1 bathroom, 1,056 sqft single-family home in Midtown, built in 1947. It last sold for $44,550 on Apr 6, 2026 (21% below the $56,675 asking price). More recently, it was listed as a rental in June 2026 with an asking price of $1,400 per month. That rental listing was removed on July 17, 2026. It is currently off market. The Trulia Estimate is $44,900, with a rent estimate of $1,390/month.

Home Details for 2425 Prospect St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1056 Square Feet
Appliances & Utilities
Appliances: NoneLaundry: Other
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Other
Levels, Entrance, & Accessibility
Levels: Other
View
Has a ViewView: Neighborhood
Security
Security: Other

Exterior Features

Exterior Home Features
Exterior: None
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: Garage
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1056

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 450815184007000004

Price & Status

Price
List Price: $56,675Price Per Sqft: $42/sqft

Location

Direction & Address
City: GaryCommunity: Mid City Realty Companys Central

Building

Building Area
Building Area: 1056 Square Feet

HOA

No HOA

Lot Information

Lot Area: 4660.92 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Miscellaneous

Mls Number: 827596Above Grade Unfinished Area: 1056
Last check for updates: about 9 hours ago
Listed by Tanika Fulgham
Keller Williams Preferred Real, (708) 798-1111
Bought with: Nicole Hanson, Advanced Real Estate, LLC, (219) 595-2007
Source: NIRA as distributed by MLS GRID, MLS#827596

Price History for 2425 Prospect St

DatePriceEventSource
07/17/2026$1,400ListingRemovedZillow Rentals
06/05/2026$1,400Listed For RentZillow Rentals
04/06/2026$44,550Sold
NIRA as distributed by MLS GRID #827596
02/20/2026$56,675PendingNIRA as distributed by MLS GRID #827596
01/02/2026$56,675PriceChange
NIRA as distributed by MLS GRID #827596
10/21/2025$63,700PriceChange
NIRA as distributed by MLS GRID #827596
09/12/2025$69,900Listed For SaleNIRA as distributed by MLS GRID #827596

Market trends in Gary

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$124K
$6.09KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$86
$3MoM
Available listings
352
3MoM
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Property Tax and Assessment

Year2025
Tax$973
Assessment$42,000
Home facts updated by county records

Comparable Sales for 2425 Prospect St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2420 Maryland St, Gary, IN
0.16
Single-Family Home
$68,000
07/23/26
2
1
800
2424 Delaware St, Gary, IN
0.21
Single-Family Home
$40,000
06/23/26
3
1.5
1,280
2420 Connecticut St, Gary, IN
0.33
Single-Family Home
$20,000
09/29/25
3
1
1,060
2322 Rhode Island St, Gary, IN
0.16
Single-Family Home
$65,000
09/26/25
2
2
1,274
2314 Kentucky St, Gary, IN
0.26
Single-Family Home
$60,000
07/17/26
2
1
672

Nearby homes

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Assigned Schools

These are the assigned schools for 2425 Prospect St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Midtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Midtown

At least 55 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 86 % Say yards are well-kept

  • 83 % Say parking is easy

  • 80 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 54 % Say it's walkable to grocery stores

  • 48 % Say neighbors are friendly

  • 46 % Say it's dog friendly

  • 44 % Say streets are well-lit

  • 44 % Say kids play outside

  • 44 % Say they plan to stay for at least 5 years

  • 43 % Say there's wildlife

  • 43 % Say it's quiet

  • 42 % Say there are community events

  • 32 % Say people would walk alone at night

  • 25 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Shelliecross62
    "Easy and fast if you have a car. The city bus is right up the street to get to and from where ever one is going."
    0
    Flag
  • J8nkc4zyfk
    "Unfortunately, there are no community events no schools in this area 😔 just ,and a lot of gas stations in very bad areas around this community😔don’t see this community getting better ever!!"
    0
    Flag
  • Trulia User
    "Please watch over your children in this or any other neighborhood.. the most important thing is to watch out for everyone especially your children cuz they are our future leaders."
    6
    Flag
  • Trulia User
    "Ones safety is very important for this neighborhood. Be mindful of surroundings.pay attention.can be a very good neighborhood.has potential. Police do patrol the neighborhood as well there is a very good elementary school. Bus routes for the high school. Playgrounds for smaller children surrounded by churches."
    15
    Flag
  • Trulia User
    "It has bus service in this neighborhood but I drive a car to get around the neighborhood. I walk because there is local shops in the area where you can shop and it’s very convenient for me to get around."
    0
    Flag
  • Trulia User
    "how many families in the community Is the area safe for small children are the children safe walking home if needed"
    0
    Flag
  • Trulia User
    "public transportation is offered in my neighborhood that several locations to catch public bus. which travels along major thoroughfares of this community you can connect with other bus routes within the community as well to move you around the city and suburbs"
    1
    Flag
  • Mary B.
    "Nice area good place to sit outside with the family and do family functions....Respectful neighbors everyone gets alone with each other "
    12
    Flag
  • Mykia G.
    "Nothing at all sorry to say. We need to do better. The price of living does match the job earnings.."
    96
    Flag
  • Donald A. E. S.
    "My kids School is in walking distance. it's the neighborhood where I grew up in back in the 70's. with diversity in the neighborhood from African-American ,Polish- American ,German- Americans "
    6
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

59 pet-friendly rentals in Gary, IN

Explore by feature - Garage

34 rentals with a garage in Gary, IN

Explore by feature - Air Conditioning

79 rentals with air conditioning in Gary, IN

Explore by feature - Washer/dryer

13 rentals with a washer/dryer in Gary, IN

Explore by feature - Outdoor Space

38 rentals with an outdoor space in Gary, IN

Homes for sale near 2425 Prospect St

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Off Market Homes Near 2425 Prospect St

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Frequently asked questions about 2425 Prospect St

  • What is 2425 Prospect St estimated to be worth?
    Trulia's estimated value for 2425 Prospect St in Gary, IN is $44,900.
  • What is the price history for 2425 Prospect St?
    2425 Prospect St in Gary, IN last sold for $44,550 in April 2026.
  • Is Gary a buyer's or seller's market?
    Gary is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gary?
    The median sale price in Gary is $124K. That is up $6.09K from the prior month.
  • Does 2425 Prospect St have laundry facilities?
    Yes, 2425 Prospect St in Gary, IN has laundry facilities.
  • How big is the lot at 2425 Prospect St?
    The lot at 2425 Prospect St in Gary, IN is about 0.11 acres (4,661 sq ft).
Based on information submitted to the MLS GRID as of 2026-08-07 12:37:46 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information