Lake County Homes under $250,000

Welcome to Lake County, Indiana, a vibrant community that harmoniously blends small-town charm with urban conveniences. Nestled in the northwest corner of the state, Lake County is known for its picturesque landscapes, including serene lakes, lush parks, and a variety of outdoor recreational opportunities. With its rich history and friendly atmosphere, this area is perfect for families, young professionals, and retirees alike.

One of the most appealing aspects of Lake County is its diverse real estate market, particularly for those seeking homes under $250,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find an array of options that cater to different lifestyles and preferences. From cozy single-family homes in quiet neighborhoods to modern condos with easy access to local amenities, Lake County offers something for everyone.

The affordability of homes in this region allows residents to enjoy a comfortable lifestyle without breaking the bank. Imagine sipping your morning coffee on a charming porch, or hosting weekend barbecues in a spacious backyard. With a variety of parks and recreational facilities nearby, you’ll have plenty of opportunities to enjoy the outdoors and connect with nature.

In addition to its affordable housing options, Lake County boasts excellent schools, a strong sense of community, and convenient access to major highways, making it easy to commute to nearby cities like Chicago. With its unique blend of affordability, community spirit, and natural beauty, Lake County is truly a hidden gem waiting to be discovered. Come explore the possibilities and find your dream home in this delightful part of Indiana!

Newest Lake County Homes under $250,000

$139,900

2 Beds ⋅ 1 Baths ⋅ 846332 MLS ⋅ 1,300 SqFt. ⋅ Estela Lopez

Spacious Ranch 2 bedrooms, 1 bath, eat-in kitchen and large laundry room.

3351 E 27th Avenue, Lake Station

Listing courtesy of Estela Lopez from McColly Real Estate.

$110,000

2 Beds ⋅ 1 Baths ⋅ 846331 MLS ⋅ 1,124 SqFt. ⋅ Johnette Gore

Welcome to this charming 2-bedroom, 1-bath brick home with beautiful hardwood floors and plenty of natural light. The kitchen provides ample cabinetry, while the lower level offers additional recreation and flex space, laundry, built-in closets and abundant storage. Outside, enjoy a spacious yard with additional off-street parking. A solid home with plenty of potential! Home is sold As-Is.

231 Mckinley Street, Gary

Listing courtesy of Johnette Gore from Premier Midwest Realty, INC. jgoreproperties@gmail.com

$245,000

3 Beds ⋅ 2 Baths ⋅ 846329 MLS ⋅ 1,450 SqFt. ⋅ Chanel Harris

Classic brick appeal outside--and plenty to love inside! This well-kept all-brick ranch catches your eye from the start, with great curb appeal and an attached two-car garage with individual doors. Step inside to spacious rooms, easy-to-style neutral colors, 3 bedrooms, a full bath, a three-quarter bath, and plenty of storage. Downstairs is where the fun begins! The mostly finished basement offers plenty of space for movie nights, game days, or hosting your next get-together, with a wet bar ready for refreshments. A separate bonus room is perfect for a home office, workout space, or favorite hobby. Take the gathering outdoors to the large deck and generously sized fenced backyard, with room to grill, garden, or simply kick back. A shed with electricity, new central air installed in August, and a gas-powered generator that connects to the house add to the appeal. The home needs some minor repairs and updates, but the possibilities are endless. Beautiful brick, room to spread out, and space to make your own--come take a look and picture the possibilities! Sold AS IS.

1950 W 60th Place, Merrillville

Listing courtesy of Chanel Harris from Harris Realty & Investments.

$199,900

3 Beds ⋅ 2 Baths ⋅ 846321 MLS ⋅ 1,500 SqFt. ⋅ Julisa Soriano

Welcome home! This well maintained home offers thoughtful updates throughout, including new furnace and renovations completed within the past three years to the plumbing, windows, roof, and electrical system. Kitchen, bathrooms and basement have been updated. You will find original hardwood floors preserving the home's character. Upstairs you will find a refreshed living space featuring a renovated office area and half bathroom. This home also offers a large front driveway with plenty of off-street parking at your convenience. Covered front porch. Basic appliances will be staying with home. A great opportunity to enjoy a classic charm with many important updates already completed!

3730 Hemlock Street, East Chicago

Listing courtesy of Julisa Soriano from Century 21 Circle.

$219,999

2 Beds ⋅ 1 Baths ⋅ 846320 MLS ⋅ 1,674 SqFt. ⋅ Jason Moon

Spacious rooms, 10-foot ceilings and plenty of storage highlight this charming home! The main level features generously sized living and dining rooms along with a large kitchen with a separate pantry, creating plenty of space for everyday living and entertaining. A convenient main-floor laundry/mudroom adds even more functionality. Enjoy the covered front porch complete with a porch swing, while upstairs, a full-length attic provides an abundance of additional storage. Outside, you'll find a 1.5-car garage along with alley and side-drive access to the ground-level rear entrance. Numerous improvements have been made over the years, including updated electrical, replacement windows, roof, high-efficiency furnace with central air, water heater, and updated supply and waste lines. Additional improvements include a refinished tub, updated flooring in the kitchen, pantry and laundry areas, and interior paint. Conveniently located with easy access to Commercial Avenue/State Road 2, this home offers large rooms, tall ceilings, great storage and several important updates already completed. Come take a look at everything this home has to offer

117 Burnham Street, Lowell

Listing courtesy of Jason Moon from Trueblood Real Estate, LLC.

$129,000

3 Beds ⋅ 1 Baths ⋅ 846315 MLS ⋅ 936 SqFt. ⋅ Lake Estates Sub BLDG. ⋅ Sarah Perez

Welcome home to this charming 3-bedroom, 1-bath ranch offering comfortable, easy one-level living! This home features a functional layout with an eat-in kitchen, a dedicated laundry room, and three bedrooms. With no stairs to worry about and everything conveniently located on one level, it's a great option for first-time buyers, downsizers, or anyone looking for an affordable place to call home. Step outside and enjoy the backyard with plenty of room to relax, play, garden, or create your own outdoor space. With its practical layout and great potential, this home is ready for its next owner. Why rent when you can make a home of your own? Schedule your showing today!

1208 E Greene Place, Gary

Listing courtesy of Sarah Perez from Starz Realty, LLC.

$40,000

3 Beds ⋅ 2 Baths ⋅ 846309 MLS ⋅ 989 SqFt. ⋅ Brittnea Tait

Great Investor/ Rehab opportunity available! There is endless opportunity with this space= approximately 2,050 total square footage; not including the basement. Agent and Buyers should take their own measurements! The Interior shows some rehab progress started on the main and upper level, including open framing and drywall work started. Sold AS-IS.

265 Harrison Street, Gary

Listing courtesy of Brittnea Tait from Coldwell Banker Realty.

2039 W 75th Place Unit #15, Merrillville

$154,900

1 Beds ⋅ 1 Baths ⋅ 846306 MLS ⋅ 925 SqFt. ⋅ Brookstone Estates BLDG. ⋅ Gordana Rzharev

Welcome to 2039 W 75th Place, Unit 15 in Merrillville! Offered at 154,900, this MOVE-IN-READY MAIN-FLOOR CONDO offers comfort, convenience, security, and low-maintenance living. Enjoy easy access with a PATIO DOOR LEADING OUTSIDE TOWARD THE DETACHED ONE-CAR GARAGE. The brick building also features SECURE LOCKED ENTRY DOORS, with key access required to enter the interior hallway. Inside, the bedroom offers a SPACIOUS WALK-IN CLOSET, plus EXTRA HALLWAY STORAGE. The unit also includes a WASHER, DRYER, AND UTILITY SINK. Monthly HOA dues are 330 and include WATER, TRASH, ROOF, SIDING, SNOW REMOVAL, GRASS CUTTING, AND LAWN MAINTENANCE. RENTALS ARE ALLOWED, making this a great option for an owner-occupant or investor. The seller does not currently occupy the property, making it READY FOR ITS NEXT OWNER. Seller does not need the existing furniture and is WILLING TO NEGOTIATE FURNITURE WITH AN ACCEPTABLE OFFER. ROOF AND WATER HEATER ARE 2 YEARS OLD. Conveniently located NEAR ROUTE 30 with easy access to SHOPPING, RESTAURANTS, GROCERY STORES, AND EVERYDAY AMENITIES. Schedule your private showing today!

2039 W 75th Place Unit #15, Merrillville

Listing courtesy of Gordana Rzharev from McColly Real Estate.

$237,900

3 Beds ⋅ 1 Baths ⋅ 846295 MLS ⋅ 1,120 SqFt. ⋅ Randall Hoyle

Gorgeous Ranch ! LEMON LAKE ESTATES ! Close to the ELEMENTARY school. OPEN CONCEPT 3 bedroom ranch includes GRANITE tops in the kitchen with STAINLESS STEEL appliances, Updated bath with GREAT backlit mirror and MARBLE vanity. Laminate flooring with carpet in the bedrooms . New water heater ,furnace and AC . FENCED rear yard. EZ to show!

6414 W 131st Avenue, Cedar Lake

Listing courtesy of Randall Hoyle from American Classic, Hoyle & Co..

$27,900

3 Beds ⋅ 2 Baths ⋅ 846282 MLS ⋅ 2,777 SqFt. ⋅ Halina Zdanowski

INVESTOR SPECIAL ! Bring your vision and renovation ideas to this property located in Gary, Indiana. Great opportunity for experienced investors or buyers looking for a complete renovation project. Property is being sold strictly AS-IS.

638 Carolina Street, Gary

Listing courtesy of Halina Zdanowski from LPT Realty LLC.

$120,000

2 Beds ⋅ 1 Baths ⋅ 846279 MLS ⋅ 720 SqFt. ⋅ Diana Franz

Welcome to this well-maintained 2-bedroom, 1-bathroom home in Gary, Indiana! This move-in ready residence features updated finishes throughout, offering a comfortable and stylish living environment. You'll enjoy total peace of mind with a roof(6) furnace, water heater, and central air conditioning that are all only 5 years old. Outside, you'll find a spacious 2-car detached garage along with additional storage space, perfect for vehicles, tools, or extra belongings. Conveniently located near local casinos and just 30 minutes from downtown Chicago, this home is a fantastic opportunity for home buyers or investors looking for a turn-key property--schedule your showing today!

6620 W 25th Avenue, Gary

Listing courtesy of Diana Franz from Brokerworks Group.

$162,000

2 Beds ⋅ 1 Baths ⋅ 846272 MLS ⋅ 708 SqFt. ⋅ Susie Etter

Come tour this MOVE IN CONDITION ranch home in South Hammond area. New carpet 2026. Professionally painted 2026. Full unfinished basement and 3 car garage add value. Enclosed front porch just painted- great for relaxing or reading. Large country kitchen with pantry and appliances. (needs updating). Amazing large back yard. 2 YEAR Home Warranty Included. Close to New South Shore Line Station. Being sold as is.

6614 Lyman Avenue, Hammond

Listing courtesy of Susie Etter from BHHS Executive Realty.

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Updated . Information deemed reliable but not guaranteed.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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 listings have been excluded from this website.