Lake County Homes under $400,000

Welcome to Lake County, Indiana—a hidden gem that beautifully blends suburban charm with vibrant community life. Nestled in the heart of the Midwest, Lake County is known for its picturesque landscapes, friendly neighborhoods, and rich cultural heritage. With a variety of outdoor recreational opportunities, including stunning parks, scenic lakes, and nature trails, residents enjoy a lifestyle that effortlessly balances relaxation and adventure.

For homebuyers seeking affordability without compromising on quality, Lake County offers a fantastic selection of homes under $400,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find a diverse array of properties that cater to your needs. From cozy single-family homes with spacious yards to modern townhouses with contemporary finishes, there’s something for everyone in this thriving community.

The real estate market in Lake County is not only budget-friendly but also boasts excellent value for your investment. With well-established neighborhoods that feature top-rated schools, convenient shopping, and a wealth of dining options, you’ll find that Lake County is an ideal place to call home.

Additionally, its strategic location provides easy access to major highways and nearby cities, making commuting a breeze. Embrace the opportunity to settle in Lake County, where affordability meets quality living. Explore our listings today and discover the perfect home that suits your lifestyle and budget in this charming Indiana county!

Newest Lake County Homes under $400,000

$259,900

2 Beds ⋅ 2 Baths ⋅ 846333 MLS ⋅ 1,260 SqFt. ⋅ Lauren Rossi

This well-maintained ranch home is nestled on a private street in Meadowbrook subdivision. Entering the home, you'll be greeted by tall cathedral ceilings and a gas fireplace in the cozy living room. The kitchen features plenty of counter space, pantry, and a skylight above the sink. The primary bedroom boasts an ensuite with a walk-in shower plus a skylight and an oversized vanity. It, also, has a walk-in closet, and extra storage closet. The generously sized second bedroom offers a nice sized walk-in closet. The recently renovated guest bathroom has another skylight letting in natural light. Not to mention, Anderson windows and 6 panel doors throughout the home. The laundry room offers a newer washer and dryer and convenient access to utilities, as well as the oversized two car garage. Tasteful landscaping winds around part of the home. The spacious patio is fully fenced and ready for relaxation or entertaining. Residents get exclusive access to the scenic Meadowbrook walking path. Short drive to local events, dining, shopping, and Hwy 41. Schedule your showing today!

302 Amber Lane, Lowell

Listing courtesy of Lauren Rossi from McColly Real Estate.

$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.

$335,000

3 Beds ⋅ 2 Baths ⋅ 846317 MLS ⋅ 1,944 SqFt. ⋅ Renee Egnatz

This lovingly cared-for 1,944 sq ft tri-level is a true gem in the highly sought-after Munster school system. The home offers 3 bedrooms and 2 baths, with freshly refinished hardwood floors in the bedrooms and both bathrooms updated with marble floors and surrounds. The kitchen features refinished cabinets and stainless steel appliances. The lower level offers a cozy family room with a fireplace and a laundry room with a double-bowl utility sink. Peace of mind comes with a one-year-old furnace and A/C and a two-year-old water heater. Outside, you'll find a fenced yard with a concrete patio, irrigation in the front and sides, and a 2.5-car detached garage. The location is close to the new Munster South Shore train station for an easy Chicago commute, as well as shopping, dining, entertainment, and the highway, all with the benefit of low Indiana property taxes. Freshly painted inside and power washed outside, this home is ready for its new owners.

8504 Forest Avenue, Munster

Listing courtesy of Renee Egnatz from McColly Real Estate.

$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.

$279,000

3 Beds ⋅ 2 Baths ⋅ 846314 MLS ⋅ 2,012 SqFt. ⋅ Nicole Scott

From the moment you pull into the driveway, you'll feel the warmth and welcome of this thoughtfully cared-for home. This beautifully maintained 4-bedroom, 2-bathroom home offering over 1,500 sq ft of comfortable living space in one of East Chicago's most desirable neighborhoods.This charming remodeled East Chicago all brick home, offers comfortable living with a spacious layout, well-maintained interiors, and a large side patio perfect for gatherings. Enjoy a bright living room, an updated kitchen with full-height shaker cabinets, dovetail joinery, and luxurious quartz countertops, great for entertaining. A huge bonus to this property is a brand furnace, AC, new energy-efficient windows, and new water heater. Conveniently located near schools, shopping, and major highways--making your daily commute a breeze. Don't miss the opportunity to make this move-in-ready home yours!

4219 Walsh Avenue, East Chicago

Listing courtesy of Nicole Scott from Century 21 Affiliated.

$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.

$314,900

2 Beds ⋅ 2 Baths ⋅ 846301 MLS ⋅ 1,536 SqFt. ⋅ Gina Maglish

TURNKEY ELEGANCE, VERSATILE LIVING & EXCEPTIONAL AMENITIES! Beautifully maintained and move-in ready, this VINYL-SIDED Tri-level blends character, comfort, functionality, and thoughtful updates. The CERAMIC-TILED FOYER welcomes you to the main level, featuring a comfortable living room and inviting eat-in kitchen with SKYLIGHT, APPLIANCES, NEWER FAUCET, and abundant cabinetry. GENUINE PINE WAINSCOTING adds warmth and character throughout the living room, kitchen, and staircase. The upper level offers comfortable bedrooms, with the PRIMARY BEDROOM featuring convenient DUAL CLOSETS. The FULL BATH has been refreshed with a NEW TUB SURROUND. The lower level provides flexible living space with a spacious FAMILY ROOM, built-in bookcase with glass doors, dedicated office area, and 3/4 BATH WITH CERAMIC FLOORING & NEWER FAUCET. The Laundry room includes WASHER, DRYER, and ample cabinetry. One of the home's most appealing features is the SCREENED PORCH--perfect for morning coffee, relaxing evenings, or entertaining. It overlooks the FENCED BACKYARD WITH FIREPIT and features outdoor speakers that continue into the FINISHED, INSULATED, HEATED & THERMOSTAT-CONTROLLED DEEP GARAGE. The garage is truly exceptional, offering CORNER SHELVING, WORKBENCH, TV, INSULATED OVERHEAD DOOR (APPROX. 6 YEARS), and GARAGE DOOR OPENER (APPROX. 7 YEARS). TWO SERVICE DOORS provide convenient backyard and side-drive access, while the EXPANDED CONCRETE DRIVEWAY offers additional parking. ADDITIONAL AMENITIES include SHED, INGROUND SPRINKLERS, GENERATOR WITH GENERATOR SWITCH, GATE VALVE SHUT-OFF, and CONCRETE CRAWL SPACE. NEWER WINDOWS in the living room, family room, front bedroom, and laundry room. FURNACE & A/C APPROX. 6 YEARS; HOT WATER HEATER APPROX. 8 YEARS. Enjoy the town CENTRAL PARK and all this wonderful home has to offer. A fantastic combination of CHARM, VERSATILITY, COMFORT & UPDATES--schedule your showing today!

818 N Ernest Street, Griffith

Listing courtesy of Gina Maglish from @properties/Christie's Intl RE.

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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.