3989 Broadway, Gary, IN 46409
FOR SALE
0.55 ACRES

3989 Broadway
Gary, IN 46409

University Park

    $49,900

    Original price: $51,500
    Est. Mortgage $364/mo*
    Get Pre-Qualified

    $49,900

    Original price: $51,500
    Est. Mortgage $364/mo*
    Get Pre-Qualified
    (on 0.55 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Prime .55 -acre vacant commercial lot located on Broadway in Gary's M-1 Limited Manufacturing District. This property offers outstanding visibility and accessibility in a high-traffic corridor, making it ideal for light industrial, warehouse, distribution, or flex-space development. The site provides ample room for parking, storage, or future expansion opportunities. Zoned M-1 Limited Manufacturing, the lot allows for a wide range of commercial and light industrial uses. An excellent investment opportunity for developers, business owners, or investors seeking to establish a presence along one of Gary's main commercial routes.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 3989 Broadway

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Water Available, Sewer Available, Natural Gas Available
    Gas & Electric
    Electric: Other
    View
    Has a ViewView: City, Neighborhood

    Exterior Features

    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    No Additional Parcels
    Property Information
    Parcel Number: Tbd

    Price & Status

    Price
    List Price: $49,900

    Location

    Direction & Address
    City: Gary

    Agent Information

    Listing Agent
    Listing ID: 827039

    HOA

    No HOA

    Lot Information

    Lot Area: 0.55 acres

    Listing Info

    Special Conditions: None

    Offer

    Listing Agreement Type: Exclusive Right To SellListing Terms: Cash

    Miscellaneous

    Mls Number: 827039
    Last check for updates: about 3 hours ago
    Listing courtesy of Brittany Wolak
    New Chapter Real Estate, (219) 227-8454
    Source: NIRA as distributed by MLS GRID, MLS#827039
    Also Listed on NIRA as distributed by MLS GRID.

    Market trends in Gary

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $118K
    $16.68K    MoM
    Sale-to-List Price
    98.2%
    1.7%    MoM
    Price per sq ft
    $83
    $6    MoM
    Available listings
    355
    6    MoM

    Price History for 3989 Broadway

    DatePriceEventSource
    06/17/2026$49,900PriceChange
    NIRA as distributed by MLS GRID #827039
    06/08/2026$51,500PriceChange
    NIRA as distributed by MLS GRID #827039
    04/16/2026$52,000PriceChange
    NIRA as distributed by MLS GRID #827039
    02/19/2026$59,900PriceChange
    NIRA as distributed by MLS GRID #827039
    01/13/2026$69,900PriceChange
    NIRA as distributed by MLS GRID #827039
    09/02/2025$79,900Listed For SaleNIRA as distributed by MLS GRID #827039

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    Comparable Sales for 3989 Broadway

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    4146 Kentucky St, Gary, IN
    0.72
    Lot/Land
    $500
    01/14/26
    -
    -
    1033 E 41st Pl, Gary, IN
    0.70
    Lot/Land
    $500
    01/14/26
    -
    -
    3588-90 Massachusetts St, Gary, IN
    0.50
    Lot/Land
    $4,000
    10/16/25
    -
    -
    1301 W Ridge Rd, Gary, IN
    0.88
    Lot/Land
    $130,000
    04/15/26
    -
    -
    3925 Alabama St, Hobart, IN
    1.12
    Lot/Land
    $500
    01/08/26
    -
    -
    3824 Alabama St, Hobart, IN
    1.10
    Lot/Land
    $500
    01/08/26
    -
    -
    3784 Maple St, Hobart, IN
    1.17
    Lot/Land
    $500
    01/08/26
    -
    -
    3600-3606 Iowa St, Lake Station, IN
    1.53
    Lot/Land
    $10,000
    12/03/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 3989 Broadway.
    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

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

    What Locals Say about University Park

    At least 109 Trulia users voted on each feature.

    • 89 % Say car is needed

    • 88 % Say yards are well-kept

    • 81 % Say there are sidewalks

    • 80 % Say parking is easy

    • 62 % Say there's holiday spirit

    • 57 % Say kids play outside

    • 57 % Say it's dog friendly

    • 53 % Say there's wildlife

    • 48 % Say they plan to stay for at least 5 years

    • 44 % Say it's quiet

    • 43 % Say neighbors are friendly

    • 29 % Say there are community events

    • 28 % Say it's walkable to restaurants

    • 28 % Say streets are well-lit

    • 25 % Say it's walkable to grocery stores

    • 21 % Say people would walk alone at night

    Sourced by Trulia users. Learn more about our methodology.
    • Ryleasha Coleman
      "Nothing we don’t have any community events around here the you hear is sirens Loud music no kids playing "
      0
      Flag
    • Joci
      "I just moved here and already want to move back to another part of lake county that feels more safe and like home."
      21
      Flag
    • ernest d eskridge
      "The neighborhood is wonderful there is nothing bad about this neighborhood whatsoever so ever the people are friendly "
      3
      Flag
    • Trulia User
      "the abandoned homes make the neighborhood unique. I work in the area and meet interesting people. most people seem nice. "
      10
      Flag
    • Trulia User
      "Yes they would. Lots of parks and space for owners to walk their dogs. There is even a walking trail near by."
      1
      Flag
    • Trulia User
      "It’s quiet and peaceful. I love my neighbors and the sense of community. I would recommend this community to anyone looking for a good place to raise your family."
      26
      Flag
    • Trulia User
      "Neighborhood is still in depression state from years of families moving out and leaving their homes. But the area is on the up and up with neighbors taking pride in their land and beautifying their lands. I have been here two years and enjoy it."
      0
      Flag
    • Antoinette722
      "It is important that parents feel comfort moving into the home, your kids are safe, and it’s in the district of great area for children can play. "
      10
      Flag
    • Lynceta G.
      "there's none unless you create for your family and friends. Election years politicians seeking office holds events and community meetings. l like it to be none intrusive."
      5
      Flag
    • Monopoltizeent
      "Not a area that needs to be gentrified, we good with the way it is middle class urban community that dont want any change unless it benefits us that have lived here for years"
      7
      Flag
    • Tamera W.
      "There are new businesses opening. I see homes that need tax and they would have great potential for new home owners. Most homes are very well kept and the neighbors are friendly "
      8
      Flag
    • Emerson
      "It was ok. I think the neighbors didn't like me because i had two pit bull dogs, and one got out of the yard without my knowing. When i found out i retrieved him immediately, but i still sensed that the neighbors viewed me with disdain."
      108
      Flag
    • Brandy K.
      "Somewhat easy on the week day, and on the weekend easy breezy. Love the area but would like to be somewhere way different "
      6
      Flag
    • Cullen B.
      "Lived here 10 year and it’s not the worries and can stand to be a lot better but it’s not that bad either. "
      2
      Flag
    • Michaelmimssr95
      "nothing about this place is unique gary needs work it's every where to many abandoned house some places you rent from be having mold problems "
      4
      Flag
    • Michaelmimssr95
      "it's not gary needs alot of work to many abandoned houses and it need cleaning alot of trash every where you go and renting house of here is not good these landlord don't do nothing and it's to many schools closed down."
      2
      Flag

    LGBTQ Local Legal Protections

    Brittany Wolak, New Chapter Real Estate, (219) 227-8454
    Based on information submitted to the MLS GRID as of 2026-06-18 11:47:46 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
    3989 Broadway, Gary, IN 46409 is a lot/land. 3989 Broadway is located in University Park, Gary. This property is currently available for sale and was listed by NIRA as distributed by MLS GRID on Sep 2, 2025. The MLS # for this home is MLS# 827039.