4177 Lincoln, Gary, IN 46408

$95,000 Asking Price

2 beds
1 bath
908  sqft
Built in 1924

SELLER FINANCING !!!!!!!! is available for this charming property with a purchase price of $95,000. This is an excellent opportunity for buyers looking for flexible financing options. The terms include a monthly payment of $550, with a 6.00% interest rate, amortized over 30 years, making it an affordable and manageable option for homeownership.The initial down payment required is $5,000, with an additional $4,000 due at closing to cover closing costs, paperwork preparation, the first month's payment, and the first year of homeowner's insurance. As part of the agreement, the tenant-buyer will be responsible for all repairs and maintenance on the property, as well as the yearly taxes and insurance. The buyer has the option to purchase the home outright at any time during the contract term, offering a path to full ownership without waiting for the contract to be completed. Whether you're looking for a home to settle into or an investment property with flexible terms, this opportunity is too good to pass up.

Features & Amenities

Interior

General:
None
Rooms:
Bedroom 2, Primary Bedroom, Utility Room, Living Room, Kitchen
Appliances:
None
Basement:
Full
Heating:
Forced Air

Exterior

General:
None
Parking:
Driveway

Construction

General:
One

Location

Originating MLS:
nira
County:
Lake

Lot

Zoning:
2ND SUB. OAKINGTON PARK EX. S. 10 FT. OF N. 1/4 L.6 B.2 S. 1/4 OF L.7 BL.2, 45-08-28-303-010.000-004
View:
City

Financial

Source:
nira

This listing courtesy of:
RE/MAX Lifestyles, David Whitehead

About Gary, IN

Housing

Number of Units
39,265
Median Home Value
$76,406
Median Rent
$621

49.19% of housing units are renter occupied.

22.59% are vacant.

Commute

Car
82.59%
Public Transportation
5.10%
Walk to Work
1.34%
Work from Home
7.26%
Other
3.59%

The median travel time to work is 28 minutes.

People

Population
73,923
Median Age
39.10
Median Household Size
2.47

Education

High School
39.48%
Associate’s Degree
8.07%
Bachelor’s Degree
8.23%
Graduate Degree
5.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: