Great INVESTMENT opportunity!!!!! Already has tenants at $1,250/month! Giving you a phenomenal CAP RATE OF 17% Don't miss this INVESTMENT SPECIAL!!!!!Newly updated 2 bedroom ranch with detached garage on a corner lot. Updates include windows, roof, siding, kitchen, bath, furnace/AC, paint, and flooring throughout.. Walking distance to the new Hardrock Casino!
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Street View
$77,000
5030 W 25th Ave, Gary, IN 46406
2beds
720sqft
Single Family Residence
Built in 1952
9,365 Square Feet Lot
$105,300 Zestimate®
$107/sqft
$1,286 Estimated rent
Home value
$105,300
$91,000 - $120,000
$1,286/mo
Zestimate® history
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$388/mo
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Zillow last checked:
Listing updated:
Listed by:
Jeff McCormick,
McCormick Real Estate, Inc. 219-663-9300,
Hector Calderon,
McCormick Real Estate, Inc.
Bought with:
Jeff McCormick, RB14033291
McCormick Real Estate, Inc.
Source: NIRA as distributed by MLS GRID,MLS#: 541734
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bathroom, Bedroom 2, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Area: 110
- Dimensions: 11 x 10
Bedroom 2
- Area: 108
- Dimensions: 12 x 9
Bathroom
- Description: Full
Kitchen
- Area: 138
- Dimensions: 12 x 11.5
Living room
- Area: 176
- Dimensions: 16 x 11
Heating
- Forced Air, Natural Gas
Appliances
- Included: None, Range Hood
- Laundry: Main Level
Features
- Primary Downstairs
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 720
- Total interior livable area: 720 sqft
- Finished area above ground: 720
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Patio & porch: Deck
- Frontage length: 75
Lot
- Size: 9,365 Square Feet
- Dimensions: 75 x 125
- Features: Corner Lot, Landscaped, Level, Paved
Details
- Parcel number: 450713258014000003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Security: Security System
- Subdivision: Midway Gardens Second Add
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $60,300
- Annual tax amount: $694
- Date on market: 2/28/2024
- Listing terms: Cash,Conventional,FHA,Lease Purchase,VA Loan
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listing removed | $1,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2026 | Listed for rent | $1,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/21/2026 | Listing removed | $1,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2026 | Listed for rent | $1,250+4.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/22/2024 | Sold | $77,000-14.3%$107/sqft |
Source:  NIRA as distributed by MLS GRID #541734 Report a problem | ||
| 11/15/2023 | Listed for sale | $89,900+69.6%$125/sqft |
Source: NIRA as distributed by MLS GRID #541734 Report a problem | ||
| 9/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/25/2023 | Listed for rent | $1,200+9.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/23/2022 | Price change | $1,095-4.8%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/7/2022 | Price change | $1,150-4.2%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/19/2022 | Listed for rent | $1,200$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/5/2022 | Sold | $53,000-11.5%$74/sqft |
Source: NIRA as distributed by MLS GRID #503308 Report a problem | ||
| 12/8/2021 | Listed for sale | $59,900$83/sqft |
Source: NIRA as distributed by MLS GRID #503308 Report a problem | ||
| 11/7/2021 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #503308 Report a problem | ||
| 11/3/2021 | Listed for sale | $59,900+648.8%$83/sqft |
Source: NIRA as distributed by MLS GRID #503308 Report a problem | ||
| 2/12/2002 | Sold | $8,000$11/sqft |
Source: NIRA as distributed by MLS GRID #48542 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,166 +3.6% | $60,300 +3.4% |
| 2024 | $1,126 +5.8% | $58,300 +3.6% |
| 2023 | $1,064 +53.8% | $56,300 +5.8% |
| 2022 | $692 -0.3% | $53,200 +53.8% |
| 2021 | $694 -0.3% | $34,600 -0.3% |
| 2020 | $696 -36.9% | $34,700 -0.3% |
| 2019 | $1,102 +0.9% | $34,800 -0.3% |
| 2018 | $1,093 -22.4% | $34,900 +1.7% |
| 2017 | $1,408 | $34,300 -26.1% |
| 2016 | $1,408 -4.2% | $46,400 -7.6% |
| 2014 | $1,470 +5.8% | $50,200 +2.7% |
| 2013 | $1,390 -20.3% | $48,900 -2.2% |
| 2012 | $1,744 -2.5% | $50,000 |
| 2011 | $1,790 +26% | $50,000 +20.2% |
| 2010 | $1,420 | $41,600 -15.1% |
| 2009 | -- | $49,000 +13.4% |
| 2007 | -- | $43,200 +46.9% |
| 2006 | -- | $29,400 |
| 2005 | -- | $29,400 |
Find assessor info on the county website
Neighborhood: Tolleston
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Nearby schools
GreatSchools rating
- 4/10Lake Ridge Middle SchoolGrades: 5-8Distance: 2.3 mi
- 3/10Calumet High SchoolGrades: 9-12Distance: 1.9 mi
- 2/10Longfellow Elementary SchoolGrades: K-4Distance: 2.7 mi
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- Indiana
- Lake County
- Gary
- 46406
- Tolleston
- 5030 W 25th Ave
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