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  • $475,000

    501 Wabash Ave, Chesterton, IN 46304

    9beds
    4,400sqft
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    Single Family Residence
    Built in 1926
    0.27 Acres Lot
    $463,100 Zestimate®
    $108/sqft
    $-- HOA

    What's special

    501 Wabash Ave is an extraordinary property located in the heart of Chesterton, Indiana. This versatile space offers numerous possibilities: Generational living? Absolutely. Income-producing potential? Yes. A stunning open-concept home with an apartment and guest suite for visiting family and friends? Definitely. Spanning 4,400 square feet, this property is as adaptable as it is distinctive. The main living area features beautiful hardwood floors, an expansive open layout perfect for entertaining and relaxation, four well-sized bedrooms, and a luxurious custom-built shower in the main bathroom. The kitchen, renovated in Spring 2026, is a chef's paradise, featuring new countertops, stainless steel appliances, a pot filler and plenty of cabinetry to accommodate all your cooking essentials. Additionally, there are two more bedrooms, a full bathroom, and another kitchen, dining and living room adjacent to the main area with brand new flooring. This area can function as space for multi-generational living or be easily separated to create two distinct spaces. But that's not all! Above the three-car garage, you will discover a three-bedroom, one-bathroom apartment with modern flooring, recessed lighting, its own entrance, and a private deck perfect for enjoying the outdoors. This hidden gem is situated within the award-winning Duneland School District, just a leisurely stroll from the Chesterton European Market, minutes from the beach and State & National Parks, and conveniently close to fantastic local amenities. Plus, it's just a short drive to Chicago. Don't wait or hesitate--schedule your showing today and make this versatile and delightful home yours!
    38 days
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    313
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    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Deutscher,

    Listing Leaders 219-462-5478

    Source: NIRA as distributed by MLS GRID,MLS#: 840119MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Bedroom 4, Bedroom 3
      Primary bedroom
      • Level: Upper
      • Area: 247.25
      • Dimensions: 21.5 x 11.5
      Bedroom 2
      • Level: Upper
      • Area: 247.25
      • Dimensions: 21.5 x 11.5
      Bedroom 3
      • Level: Upper
      • Area: 149.5
      • Dimensions: 13.0 x 11.5
      Bedroom 4
      • Level: Upper
      • Area: 149.5
      • Dimensions: 13.0 x 11.5
      Kitchen
      • Level: Main
      • Area: 208.68
      • Dimensions: 15.75 x 13.25
      Living room
      • Level: Main
      • Area: 643.12
      • Dimensions: 26.25 x 24.5
      Heating
      • Forced Air, Hot Water
      Appliances
      • Included: Refrigerator
      • Laundry: Gas Dryer Hookup, Washer Hookup, Upper Level, Lower Level
      Features
      • Ceiling Fan(s), Open Floorplan, Laminate Counters, High Ceilings, Crown Molding
      • Windows: Blinds
      • Basement: Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 4,400
      • Total interior livable area: 4,400 sqft
      • Finished area above ground: 3,080

      Property

      Parking
      • Total spaces: 3
      • Parking features: Detached, Additional Parking
      • Garage spaces: 3
      Features
      • Levels: Tri-Level
      • Patio & porch: Deck, Patio
      • Exterior features: Private Yard
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 0.27 Acres
      • Features: Back Yard, Near Public Transit, Landscaped, Corner Lot
      Details
      • Parcel number: 640336403003000023
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1926

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: O S Outlot Add
      HOA
      • Has HOA: No
      Location
      • Region: Chesterton

      Financial & listing details

      • Price per square foot: $108/sqft
      • Tax assessed value: $431,800
      • Annual tax amount: $4,957
      • Date on market: 6/4/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,VA Loan,FHA,Conventional

        Estimated market value

        $463,100

        $440,000 - $486,000

        $2,065/mo

        Price history

        DateEventPrice
        6/19/2026Contingent$475,000$108/sqft
        Source: NIRA as distributed by MLS GRID #840119 Report a problem
        6/4/2026Listed for sale$475,000-0.7%$108/sqft
        Source: NIRA as distributed by MLS GRID #840119 Report a problem
        8/26/2025Listing removed$478,500$109/sqft
        Source: NIRA as distributed by MLS GRID #823200 Report a problem
        7/15/2025Price change$478,500-2%$109/sqft
        Source: NIRA as distributed by MLS GRID #823200 Report a problem
        7/10/2025Price change$488,500-1.3%$111/sqft
        Source: NIRA as distributed by MLS GRID #823200 Report a problem
        6/26/2025Listed for sale$495,000+135.7%$113/sqft
        Source: NIRA as distributed by MLS GRID #823200 Report a problem
        6/24/2015Sold$210,000$48/sqft
        Source: NIRA as distributed by MLS GRID #362633 Report a problem
        4/26/2015Pending sale$210,000$48/sqft
        Source: McColly Real Estate #08796290 Report a problem
        12/4/2014Listed for sale$210,000+5.2%$48/sqft
        Source: McColly Real Estate #362633 Report a problem
        9/4/2014Sold$199,574-27.4%$45/sqft
        Source: Public Record Report a problem
        5/21/2014Price change$274,900-12.7%$62/sqft
        Source: RE/MAX PACE REALTY #340388 Report a problem
        11/20/2013Listed for sale$314,900-3.1%$72/sqft
        Source: Pace Realty, Inc #340388 Report a problem
        7/7/2011Listing removed$324,900$74/sqft
        Source: Prime Real Estate #281133 Report a problem
        2/23/2011Listed for sale$324,900$74/sqft
        Source: Prime Real Estate #281133 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,472 +8.7%$431,800 +7.9%
        2024$4,115 +6.6%$400,200 +8.3%
        2023$3,858 +6.6%$369,400 +7.6%
        2022$3,619 -1.1%$343,200 +6.3%
        2021$3,658 -0.2%$322,800 -1%
        2020$3,664 +2.1%$326,200
        2019$3,590 +3.7%$326,200 +3.7%
        2018$3,461 $314,500 +4.6%
        2017$3,461 -2.9%$300,700 -3%
        2016$3,563 +1.4%$309,900 +6.2%
        2014$3,514 +12.8%$291,700 +6%
        2013$3,117 +8.6%$275,100 -3.1%
        2012$2,869 -10.6%$283,900 -10.8%
        2011$3,211 +2.9%$318,200 +2.8%
        2010$3,122 +0.3%$309,400 +0.4%
        2009$3,111 $308,100 +252.9%
        2006-- $87,300 +3.3%
        2005-- $84,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 46304

        Getting around

        75 / 100
        Very Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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