Closed

$47,900

4811 Homerlee Ave, East Chicago, IN 46312

2beds

--baths

1,340sqft

Single Family Residence

Built in 1917

3,484 Square Feet Lot

$106,800 Zestimate^®

$36/sqft

$1,100 Estimated rent

Home value

$106,800

$82,000 - $134,000

$1,100/mo

Zestimate^® history

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$242/mo

Est. payment

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$242/mo

Est. payment

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What's special

Situated near schoolsShopping centersEclectic dining optionsDiverse cultural offerings

Welcome to this unique opportunity located in the heart of East Chicago, Indiana. This distressed SFH presents unlimited potential for the savvy investor or ambitious dreamer looking to restore a true gem.Step inside this two-bedroom, one-bathroom residence and be greeted by a spacious living room adorned with stunning hardwood floors that whisper tales of a bygone era. Capture the nostalgia of yesteryears as you visualize bringing back its former glory, infusing your own personal touch and meticulous finishing upgrades throughout.Located in an area bursting with potential, East Chicago invites you to explore its vibrant community filled with diverse cultural offerings just waiting to be discovered. Conveniently situated near schools, parks, eclectic dining options, and shopping centers - convenience will become your new best friend.This property is being sold AS-IS -

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2

Rooms

Room types: Bedroom 2, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Area: 98
Dimensions: 14 x 7

Bedroom 2

Area: 105
Dimensions: 15 x 7

Kitchen

Area: 143
Dimensions: 11 x 13

Living room

Area: 216
Dimensions: 12 x 18

Heating

Forced Air, Natural Gas

Features

Primary Downstairs
Basement: Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 1,340
Total interior livable area: 1,340 sqft
Finished area above ground: 670

Property

Parking

Parking features: None

Features

Levels: One
Exterior features: None
Frontage length: 25

Lot

Size: 3,484 Square Feet

Details

Parcel number: 450329358006000024

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Condition

Fixer
New construction: No
Year built: 1917

Utilities & green energy

Water: Public
Utilities for property: Electricity Available, Natural Gas Available

Community & HOA

Community

Subdivision: /

HOA

Has HOA: No

Location

Region: East Chicago

Financial & listing details

Price per square foot: $36/sqft
Tax assessed value: $48,400
Annual tax amount: $933
Date on market: 3/12/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
3/4/2024	Sold	$47,900$36/sqft
Source: NIRA as distributed by MLS GRID #544995 Report a problem
2/12/2024	Contingent	$47,900$36/sqft
Source: NIRA as distributed by MLS GRID #544995 Report a problem
2/11/2024	Listed for sale	$47,900+278.7%$36/sqft
Source: NIRA as distributed by MLS GRID #544995 Report a problem
6/8/2010	Sold	$12,650-56.2%$9/sqft
Source: Public Record Report a problem
12/23/2008	Listing removed	$28,900$22/sqft
Source: foreclosure.com Report a problem
12/11/2008	Listed for sale	$28,900$22/sqft
Source: foreclosure.com Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,112 +9%	$60,200 +8.3%
2024	$1,020 +5.4%	$55,600 +9%
2023	$968 +28.7%	$51,000 +5.4%
2022	$752 +5.9%	$48,400 +28.7%
2021	$710 +9.6%	$37,600 +5.9%
2020	$648 -68%	$35,500 +9.6%
2019	$2,023 +74.8%	$32,400 +11.3%
2018	$1,157 +86.9%	$29,100 -1.4%
2017	$619	$29,500 +2.1%
2016	$619 +13.7%	$28,900 +35.7%
2014	$544 +56.9%	$21,300 +56.6%
2013	$347 -23.8%	$13,600 -9.9%
2012	$455 -1.5%	$15,100 +9.4%
2011	$462 +17.1%	$13,800 +16%
2010	$395	$11,900 -59.1%
2009	--	$29,100 -3.6%
2007	--	$30,200 +19.4%
2006	--	$25,300
2005	--	$25,300