Lake Station Homes under $200,000

Lake Station Homes under $200,000

Welcome to Lake Station, Indiana – a hidden gem nestled in the heart of Lake County. This charming city is a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike. With its rich history, friendly community, and stunning natural landscapes, Lake Station offers a welcoming atmosphere that makes you feel right at home.

One of the standout features of Lake Station is its affordability. If you’re searching for a cozy abode without breaking the bank, you’re in luck! The city boasts an impressive selection of homes priced under $200,000. Whether you're looking for a quaint starter home, a spacious family residence, or an investment property, Lake Station has something to suit every taste and budget. These homes often feature charming designs, ample outdoor spaces, and easy access to local amenities.

Residents enjoy a variety of recreational opportunities, from picturesque parks to nearby lakes, perfect for fishing, boating, or simply soaking up the sun. The city is also conveniently located near major highways, providing easy access to neighboring cities and attractions, including the vibrant cultural scene of Chicago just a short drive away.

In Lake Station, you’ll find not just a house, but a place to create lasting memories. With a strong sense of community and an array of affordable housing options, now is the perfect time to discover all that this delightful city has to offer. Come explore Lake Station – where your dream home awaits!

Newest Lake Station Homes under $200,000

3021 Clay Street, Lake Station
$65,000
2 Beds ⋅ 1 Baths
Calling all investors, flippers, or handy buyers! This is a great opportunity with excellent potential for rental, flip, or to renovate your own home in a desirable location. Home is cleaned out and ready for rehab.

3021 Clay Street, Lake Station
2840 Fayette Street, Lake Station
$145,000
3 Beds ⋅ 1 Baths
Former rental with plenty of potential! This home offers a nice amount of living space with a functional floor plan, enclosed front porch, good-sized bedrooms, eat-in kitchen, full bath, and a large bonus room that can serve a variety of uses. Much of the home features neutral paint and wood-look flooring. The property does need some work and finishing touches but offers a solid opportunity for an investor or buyer looking to make it their own. Property is being sold AS-IS. Seller will make no repairs. Buyer to verify all information.

2840 Fayette Street, Lake Station
3401 E 21st Avenue, Lake Station
$199,900
3 Beds ⋅ 1 Baths
Welcome home to this beautifully refreshed 3-bedroom, 1-bath home on a desirable corner lot! This move-in-ready home features fresh paint, new molding, newer flooring, and an updated kitchen with new cabinets, countertops, backsplash, and stainless-steel appliances. The home also offers three bedrooms plus a versatile bonus room, perfect for an office, den, hobby room, or guest space. The bathroom was remodeled in 2022. Outside, enjoy a fenced yard, poured concrete patio, large detached garage, and newly poured driveway/garage pad. Additional 2022 updates include the roof and fence. With only one immediate neighbor and Edison High School directly across the street, this home offers updates, flexibility, and convenience. Just move in and make it your own!

3401 E 21st Avenue, Lake Station
2813 New Hampshire Street, Lake Station
$169,900
3 Beds ⋅ 1 Baths
Welcome to this 3-bedroom, 1-bath home offers a great combination of comfort, convenience, and outdoor space. Situated on a larger-than-average lot, the property provides plenty of room to enjoy the outdoors, garden, entertain, or create additional space for your needs. Inside, the home features a practical layout with three bedrooms and one full bathroom, making it an excellent option for first-time buyers, downsizers, investors, or anyone looking for a home that may require little to no work before moving in. With its solid condition, functional floor plan, and generous lot size, this property is a great opportunity for someone looking for a home they can enjoy without taking on a major renovation project. Must see to appreciate what this home and lot have to offer!!!

2813 New Hampshire Street, Lake Station
2420 E 35th Avenue, Lake Station
$124,900
2 Beds ⋅ 1 Baths
Don't miss this charming 2-bedroom, 1-bath ranch situated on a generously sized lot with a spacious backyard offering plenty of room to relax, entertain, or expand. The home features an eat-in kitchen, a welcoming open front porch, and an enclosed rear porch that's ready to be finished to add even more living space. A convenient rear storage area provides additional functionality. Currently occupied by a long-term tenant, this property presents an excellent opportunity for investors seeking immediate rental income or buyers looking to build equity. With just a little updating, this home has tremendous potential as a cozy primary residence or a valuable addition to your investment portfolio. Priced to sell. This home is being sold as-is. The seller is unable to make any repairs. Schedule your showing today before this opportunity is gone!

2420 E 35th Avenue, Lake Station
2773 Oklahoma Street, Lake Station
$134,900
3 Beds ⋅ 1 Baths
Brick Ranch featuring 3 bedroom, living room, eat-in-kitchen, remodeled bath and pantry. Furnace and laundry room is in the rear enclosed porch including storage and a 2 car garage.

2773 Oklahoma Street, Lake Station
1009 Riverlane Drive, Lake Station
$165,000
3 Beds ⋅ 1 Baths
Great opportunity in a nice neighborhood! This 3-bedroom, 1-bath home is priced well below market value and just needs a little TLC to make it your own. Perfect for first-time homebuyers, and it qualifies for down payment assistance. Don't miss this chance - priced to sell fast!

1009 Riverlane Drive, Lake Station
2750 Greene Street, Lake Station
$70,000
2 Beds ⋅ 1 Baths
Attention Investor & Flippers! This 2-Bedroom , 1 -Bath Fixer-upper on Greene St in Lake Station i s Screaming for new ownership! with the right vision, and updates this diamond in the rough offers massive upside and strong rental or resale potential. Add it to your portfolio and watch the value soar. Won't last long-- Act fast!!

2750 Greene Street, Lake Station
3655 Oregon Street, Lake Station
$137,000
2 Beds ⋅ 1 Baths
PRICED TO SELL! Totally remodeled home down to the studs all permitted work! NEW ELECTRIC, NEW PLUMBING, NEW HVAC throughout. Have peace of mind that everything is NEW!! Walk into an open concept living room and kitchen with all new luxury vinyl floors throughout, brand NEW cabinets, QUARTZ countertops, and stainless steel sink. Totally rehabbed bathroom with beautiful tile and NEW fixtures. Enjoy good size bedrooms with high ceilings. Take comfort in knowing that the furnace, AC and hot water tank are all BRAND NEW along with new siding and roof. Close to the RT. 6 and I-65 corridor, a perfect location for getting anywhere quickly, shopping and entertainment. Schedule your showing today!

3655 Oregon Street, Lake Station
1745 E 24th Avenue, Lake Station
$84,900
2 Beds ⋅ 1 Baths
Great investment opportunity located in Hobart Township. Home sits on a double lot, 85x200 deep, with a 24x24 detached garage. There is a large deck built off the garage, and an access ramp at the front door. Seller has replaced the electrical box and all exterior electrical stack. All outlets are Gfci protected and all rooms have hard-wired smoke detectors. Hardwood floors under the carpet. Home is in an estate and sold as is.

1745 E 24th Avenue, Lake Station
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