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  • $48,500

    5030 W 27th Ave, Gary, IN 46406

    1beds
    600sqft
    Single Family Residence
    Built in 1942
    0.38 Acres Lot
    $48,600 Zestimate®
    $81/sqft
    $1,039 Estimated rent

    Home value

    $48,600

    $46,000 - $52,000

    $1,039/mo

    Zestimate® history
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    $1,039/mo

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    $245/mo

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    What's special

    Large lot
    Spacious opportunity on a large lot! This 1 bedroom home offers the potential for a 2nd bedroom or flexible office space to fit your needs. Features include a full unfinished basement providing ample storage or future finishing possibilities. Major mechanical updates include a water heater replaced in 2024 plus furnace and central air approximately 7-8 years old. The oversized lot offers plenty of outdoor space for entertaining, gardening, or future expansion. Convenient location with easy access to major roads, shopping, and local amenities. Property is being sold as-is. Great option for an owner occupant, investor, or renovation project with upside potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    Georgeann Weisman,

    Brokerworks Group 219-786-7000

    Bought with:

    Marco Zendejas, RB22001773

    McColly Real Estate

    Source: NIRA as distributed by MLS GRID,MLS#: 839151MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 132
    • Dimensions: 12.0 x 11.0
    Bonus room
    • Level: Main
    • Area: 112
    • Dimensions: 16.0 x 7.0
    Kitchen
    • Level: Main
    • Area: 98
    • Dimensions: 14.0 x 7.0
    Living room
    • Level: Main
    • Area: 144
    • Dimensions: 18.0 x 8.0
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dryer, Refrigerator, Range
    • Laundry: Gas Dryer Hookup, Washer Hookup, Lower Level
    Features
    • None
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 600
    • Total interior livable area: 600 sqft
    • Finished area above ground: 600

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Bedroom, Accessible Approach with Ramp
    Features
    • Levels: One
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.38 Acres
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 450713402021000003
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Gary
    • Subdivision: Oakl Lawn

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/15/2026Sold$48,500-11.8%$81/sqft
    Source: NIRA as distributed by MLS GRID #839151 Report a problem
    5/21/2026Pending sale$55,000$92/sqft
    Source: NIRA as distributed by MLS GRID #839151 Report a problem
    5/19/2026Listed for sale$55,000+1146%$92/sqft
    Source: NIRA as distributed by MLS GRID #839151 Report a problem
    1/25/2017Sold$4,414$7/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $48,400 +10.5%
    2024-- $43,800 +6.1%
    2023-- $41,300 +5.6%
    2022-- $39,100 +6.5%
    2021$357 +4.4%$36,700 +2.8%
    2020$342 -65.8%$35,700 +4.4%
    2019$1,000 -8.8%$34,200 +9.3%
    2018$1,096 -1.6%$31,300 -9%
    2017$1,113 $34,400 -5%
    2016$1,113 -6.3%$36,200 -10.8%
    2014$1,189 -3.2%$40,600 -6%
    2013$1,228 -23%$43,200 -5.5%
    2012$1,594 -3.2%$45,700 -0.7%
    2011$1,646 -3.5%$46,000 -8%
    2010$1,707 $50,000 +30.9%
    2009-- $38,200 +0.3%
    2007-- $38,100 +65.7%
    2006-- $23,000
    2005-- $23,000

    Find assessor info on the county website

    Neighborhood: Tolleston

    Nearby schools

    GreatSchools rating