Listing provided courtesy of Listing Leaders Lifestyles, LLNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 841295MLS Provider

5224 Georgia StreetGary, IN 46410

Single Family · 3 Beds · 2 Full Baths · 2,378 Sq. ft. | 0.20 Acres
$205,000 Active

5224 Georgia Street Overview

Time on Site:
3 days
Visits:
0

This spacious ranch home offers 3 bedrooms, 2 full bathrooms, plus a versatile flex room perfect for a home office, playroom, or guest space. Enjoy a generously sized living room, an open and functional kitchen, and a finished basement providing additional living and entertaining space. Outside, you'll find an attached 1-car garage and a fully fenced backyard, ideal for outdoor enjoyment. Currently tenant-occupied with lease rights through October 2026, this property presents an excellent opportunity for investors seeking immediate rental income while offering the potential to become a wonderful primary residence in the future. Don't miss your chance to add this well-maintained property to your portfolio!

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5224 Georgia Street Facts & Features

  • Type Single Family
  • Sq. ft. 2,378
  • Price/Sq.ft. $86
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • New Construction: false
  • Year Built: 1963

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Meadowland Manor 01
  • Township: Calumet

Tax Information

  • Tax Annual Amount: 4086
  • Tax Assessed Value: 162900
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,VA Loan,FHA,Conventional
  • Parcel Number: 450834380025000004
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 1
  • Garage: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 1189

General Information

  • Appliances: Dryer,Washer,Refrigerator,Microwave,Gas Range,Dishwasher
  • Fireplace: false
  • Heating: Forced Air,Natural Gas
  • Interior Features: None
  • Levels: One
  • Living Area: 2378
  • Rooms Total: 6

Exterior

Parking Information

  • Parking Features: Attached,Paved

Lot Information

  • Lot Features: Back Yard,Front Yard
  • Lot Size Acres: 0.2
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8712
  • Water Source: Public

Waterfront/View

  • View: None
  • Waterfront: false

Building Exterior/Construction

  • Property Attached: false

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Area: 110
  • Dimensions: 10.0 x 11.0
  • Length: 10
  • Width: 11

Room: Bedroom 3

  • Level: Main
  • Area: 90
  • Dimensions: 9.0 x 10.0
  • Length: 9
  • Width: 10

Room: Dining Room

  • Level: Main
  • Area: 0
  • Dimensions: 0.0 x 0.0
  • Length: 0
  • Width: 0

Room: Kitchen

  • Level: Main
  • Area: 192
  • Dimensions: 12.0 x 16.0
  • Length: 12
  • Width: 16

Room: Living Room

  • Level: Main
  • Area: 270
  • Dimensions: 15.0 x 18.0
  • Length: 15
  • Width: 18

Room: Primary Bedroom

  • Level: Main
  • Area: 156
  • Dimensions: 12.0 x 13.0
  • Length: 12
  • Width: 13

5224 Georgia Street Neighborhood

Community

46410 (Merrillville) Demographics

40
Median Age
1,272
Population Density (per sq. mile)
33%
College Educated
$61,000
Estimated Median Income
9,754
Estimated Total Home Owners
6,078
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5224 Georgia Street Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5224 Georgia Street Market Data

Based on the last 30 days in this zip code

$299,496
Average List Price
$155
Average Price per Square Foot
22
Properties Sold
109
Average Days on Market
160
Properties for Sale
Calculations provided by Reliance Network

5224 Georgia Street History

Date Event Value Agent
6/26/2026Source: Northwest Indiana MLS Added to Database
June 26, 2026