Closed

$235,000

5040 Walsh Ave, East Chicago, IN 46312

4beds

--sqft

Duplex

Built in 1925

-- sqft lot

$235,100 Zestimate^®

$--/sqft

$1,262 Estimated rent

Home value

$235,100

$223,000 - $247,000

$1,262/mo

Zestimate^® history

Owner options

List your home for rent

$1,262/mo

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$1,262/mo

Rent Zestimate^®

Refinance and save

$1,557/mo

Est. payment

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$1,557/mo

Est. payment

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What's special

Income in Place, Flexibility to Grow! A solid opportunity to add to your portfolio in the Roxana neighborhood of East Chicago. This 2-unit property features two 2 bed, 1 bath units, offering a practical setup for both immediate income and flexibility. One unit is currently rented on a month-to-month lease, providing income with the option to adjust terms, while the second unit is vacant and ready for a new tenant. A straightforward investment with the ability to stabilize and manage on your terms.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Appliances

Included: Dryer, Washer
Laundry: Gas Dryer Hookup, Washer Hookup, Lower Level

Features

Ceiling Fan(s)
Basement: Unfinished
Has fireplace: No

Interior area

Finished area above ground: 1,584

Property

Parking

Parking features: Alley Access, On Street

Features

Levels: Two
Patio & porch: Covered, Porch
Pool features: None
Has view: Yes
View description: Neighborhood

Lot

Size: 4,791 Square Feet
Features: Back Yard

Details

Parcel number: 450332106034000024
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Community & HOA

Community

Subdivision: Walshs Add

HOA

Has HOA: No

Location

Region: East Chicago

Financial & listing details

Tax assessed value: $163,900
Annual tax amount: $2,383
Date on market: 5/4/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,VA Loan,FHA

Price history

Date	Event	Price
6/17/2026	Sold	$235,000+2.2%
Source: NIRA as distributed by MLS GRID #838236 Report a problem
5/4/2026	Pending sale	$230,000+40.2%
Source: NIRA as distributed by MLS GRID #838236 Report a problem
10/11/2022	Sold	$164,000+993.3%
Source: Public Record Report a problem
9/4/2001	Sold	$15,000
Source: NIRA as distributed by MLS GRID #43990 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,383 +9.7%	$174,100 +6.2%
2024	$2,172 +48.8%	$163,900 +9.3%
2023	$1,460 +29.4%	$149,900 +44.4%
2022	$1,128 +11.1%	$103,800 +23.9%
2021	$1,015 +10.9%	$83,800 +6.5%
2020	$915 -15.5%	$78,700 +10.1%
2019	$1,083 -2.1%	$71,500 +7%
2018	$1,107 +21.5%	$66,800 -1.5%
2017	$911	$67,800 +2.3%
2016	$911 -16.3%	$66,300 +1.2%
2014	$1,088 -8.9%	$65,500 -11.5%
2013	$1,195 -29.8%	$74,000 -13.1%
2012	$1,700 -9.5%	$85,200 +0.2%
2011	$1,880 +34.2%	$85,000 +29.8%
2010	$1,401	$65,500 -29.3%
2009	--	$92,700 -0.3%
2007	--	$93,000 +21.7%
2006	--	$76,400
2005	--	$76,400
2004	--	$76,400 +712.8%
2003	--	$9,400
2002	--	$9,400 +199.4%
2001	--	$3,140