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  • $50,000

    518 N Miami Pl, Gary, IN 46403

    5beds
    2,178sqft
    Single Family Residence
    Built in 1948
    8,407.08 Square Feet Lot
    $-- Zestimate®
    $23/sqft
    $2,028 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,028/mo

    Zestimate® history
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    What's special

    **Investor's Dream: Blank Canvas Near Miller Beach**Welcome to an exceptional opportunity for investors and visionaries in the prestigious Miller Beach area of Indiana. This two-story, five-bedroom, two-bath home is just minutes from the beach, offering a prime location for those seeking a project with immense potential.**Property Features:**- 5 bedrooms, 2 baths- Prime two-story layout- Unbeatable proximity to Miller Beach- Endless potential for renovation or reconstructionRequiring a FULL GUT REHAB to restore it to its glory, this home is ready to be transformed into a stunning lakefront property. With potential after-renovation values reaching as high as $300,000+, the possibilities are as vast as the lakes proximity. This property offers a prestigious address with access to the area's renowned amenities and natural beauty.Don't let this great opportunity pass you by!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Tarver,

    @properties/Christie's Intl RE 219-440-0070

    Bought with:

    Jana Caudill, RB14024542

    eXp Realty, LLC

    Amanda Love, RB17000198

    eXp Realty, LLC

    Source: NIRA as distributed by MLS GRID,MLS#: 806533MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: Estimate. Buyer to verify
    • Area: 144
    • Dimensions: 12.0 x 12.0
    Bedroom 2
    • Description: Estimate. Buyer to verify
    • Area: 132
    • Dimensions: 12.0 x 11.0
    Bedroom 3
    • Description: Estimate. Buyer to verify
    • Area: 120
    • Dimensions: 12.0 x 10.0
    Bedroom 4
    • Description: Estimate. Buyer to verify
    • Area: 99
    • Dimensions: 11.0 x 9.0
    Bonus room
    • Description: Estimate. Buyer to verify
    • Area: 220
    • Dimensions: 20.0 x 11.0
    Dining room
    • Description: Estimate. Buyer to verify
    • Area: 80
    • Dimensions: 10.0 x 8.0
    Kitchen
    • Description: Estimate. Buyer to verify
    • Area: 120
    • Dimensions: 12.0 x 10.0
    Living room
    • Description: Estimate. Buyer to verify
    • Area: 220
    • Dimensions: 20.0 x 11.0
    Heating
    • None
    Appliances
    • Included: None
    Features
    • None
    • Has basement: No
    Interior area
    • Total structure area: 2,178
    • Total interior livable area: 2,178 sqft
    • Finished area above ground: 2,178

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Exterior features: Other
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 8,407 sqft
    • Dimensions: 60 x 140
    • Features: Other
    Details
    • Parcel number: 450532329010.000004

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Fixer
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & neighborhood

    Location
    • Region: Gary
    • Subdivision: Gary Beach 02

    Other

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

    Price history

    DateEventPrice
    7/12/2024Sold$50,000$23/sqft
    Source: NIRA as distributed by MLS GRID #806533 Report a problem
    7/9/2024Listed for sale$50,000-13.8%$23/sqft
    Source: NIRA as distributed by MLS GRID #806533 Report a problem
    7/4/2024Listing removed$58,000$27/sqft
    Source: Coldwell Banker Real Estate Group #543123 Report a problem
    5/27/2024Price change$58,000-3.3%$27/sqft
    Source: NIRA as distributed by MLS GRID #543123 Report a problem
    12/23/2023Listed for sale$60,000+20%$28/sqft
    Source: NIRA as distributed by MLS GRID #543123 Report a problem
    8/4/2021Sold$50,000+4900%$23/sqft
    Source: NIRA as distributed by MLS GRID #489986 Report a problem
    3/1/2021Sold$1,000+100%
    Source: Public Record Report a problem
    12/22/2016Sold$500-96.7%
    Source: Public Record Report a problem
    4/15/2010Sold$15,000+7.1%$7/sqft
    Source: NIRA as distributed by MLS GRID #260042 Report a problem
    3/26/2010Price change$14,000-43.8%$6/sqft
    Source: foreclosure.com Report a problem
    1/2/2010Price change$24,900-37.6%$11/sqft
    Source: foreclosure.com Report a problem
    8/7/2009Listed for sale$39,900-68.1%$18/sqft
    Source: foreclosure.com Report a problem
    7/6/2009Sold$125,006+177.8%$57/sqft
    Source: Public Record Report a problem
    6/28/2009Listed for sale$45,000$21/sqft
    Source: foreclosure.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$986 -49.5%$40,200 +2.3%
    2024$1,952 +28%$39,300 -48.5%
    2023$1,524 -40.6%$76,300 +28.2%
    2022$2,567 +1.4%$59,500 -40.6%
    2021$2,531 +31.3%$100,200 +1.4%
    2020$1,928 +52.5%$98,800 +2.5%
    2019$1,264 +109%$96,400 +279.5%
    2018$605 +12.5%$25,400 +0.8%
    2017$537 $25,200 -1.2%
    2016$537 -76.1%$25,500 -73.5%
    2014$2,251 +8.8%$96,200 +4.5%
    2013$2,070 -2.1%$92,100 +1.1%
    2012$2,114 -4.9%$91,100 -1.7%
    2011$2,223 -3.1%$92,700 +1%
    2010$2,294 $91,800 -3%
    2009-- $94,600 +13.3%
    2007-- $83,500 +9%
    2006-- $76,600
    2005-- $76,600
    2004-- $76,600 +152.8%
    2003-- $30,300
    2002-- $30,300 +200%
    2001-- $10,100

    Find assessor info on the county website

    Neighborhood: Marquette Park

    Nearby schools

    GreatSchools rating