Foreclosure for Sale on Central Dr, Gary, IN 46407

Foreclosures › Indiana › Lake › Gary › Central Dr
Pre-foreclosure property at Central Dr, Gary, IN 46407. 3 bed 1 bath 1,768 sq ft Lake County foreclosure listing.
Pre-foreclosure Active 40 days on market
Central Dr, Gary, IN 46407
Price TBD
Lake County · Indiana
3
Bedrooms
1
Bathrooms
1,768
Sq ft
1955
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 1
Living area 1,768 sq ft
Year built 1955
County Lake County
State Indiana
ZIP 46407
Days on Market 40 days
Listing ID 65953937
About this property

This home in Gary, IN is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

📊 Lake County Market · Updated daily
Active Listings
1,800
Avg. Est. Value
$155,326
Bank-Owned (REO)
438
Pre-Foreclosures
1,362

550 active foreclosure listings in Gary, IN.

Browse all Lake County foreclosures →
❓ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection — often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Lake County foreclosures for additional guidance on the purchase process.
There are currently 550 active foreclosure listings in Gary, IN. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Gary, IN Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 46407 · U.S. Census ACS
Population
9,125
Median Age
41.1 yrs
Households
4,127
Median Household Income
$26,502
Median Home Value
$53,000
Median Rent
$780/mo
Owner-Occupied
45% of homes
Vacancy Rate
40% of units
Unemployment Rate
15.3%

~6% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25

Source: NCES CCD 2024–25 · nces.ed.gov

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📍 Nearby Foreclosures
Jackson St
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2 bd · 1 ba · 672 sqft · Preforeclosure
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2 bd · 1 ba · 1,794 sqft · Preforeclosure
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Gary, IN 46407
3 bd · 1 ba · 2,664 sqft · Preforeclosure
Delaware St
Gary, IN 46407
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View all in ZIP 46407 →
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