Welcome to 5816 East 7th Avenue! Located within the "East Lakefront District" this is a RARE chance to own a Prime Mixed - Use Building. Located directly across from the new Miller Beach South Shore Train Station! This property presents an extraordinary opportunity for the Astute Investor or Business Visionary! With its Strategic location, expansive parking capacity, centered directly within the Miller Lake Street TOD zone and Business district! The possibilities for this Mixed-use space, business or residential, is limitless! Don't miss out on this rare chance to own a piece of prime real estate in one of Miller Beach's most sought-after locations. The Sale includes 3 adjoining Parcels with parking for 18 Vehicles. Conveniently located, and just steps away from Millers Business district for boutique shopping, dining options, a craft brewery, coffee shops, banking, public library and post office. Experience the "Miller Beach Creative Arts District" for ongoing artists and cultural events. Only minutes away by bike or car to Lake Street Beach access! Miller, a community unparalleled in its offerings. Don't miss out on this exceptional property! Explore the endless possibilities this property has to offer!
Closed
$250,000
5816 E 7th Ave, Gary, IN 46403
2beds
1,433sqft
Single Family Residence
Built in 1924
7,100.28 Square Feet Lot
$263,400 Zestimate®
$174/sqft
$1,741 Estimated rent
Home value
$263,400
$237,000 - $292,000
$1,741/mo
Zestimate® history
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$1,656/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Alan Harrell,
McColly Real Estate 219-926-1616
Bought with:
Javier Ledesma, RB21000736
Horizon Realty, LLC
Source: NIRA as distributed by MLS GRID,MLS#: 802839
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 1/2 bathrooms: 2
Primary bedroom
- Description: Currently Being used ad a Second Meeting Room. Adjoining Custom Half Bath
- Area: 174.64
- Dimensions: 14.8 x 11.8
Great room
- Description: Cathedral Ceiling. Fireplace, Front Door Egress
- Area: 466
- Dimensions: 23.3 x 20.0
Kitchen
- Description: Adjoining bath. Egress to Basement or Interior of Garage
- Area: 96.9
- Dimensions: 10.2 x 9.5
Media room
- Description: Currently being used as office tech copy room, mailing & supply room
- Area: 92.15
- Dimensions: 9.7 x 9.5
Office
- Description: East Office
- Area: 230.04
- Dimensions: 21.3 x 10.8
Other
- Description: Foyer Entrance with 2 Interior secured doors
- Area: 75.97
- Dimensions: 10.7 x 7.1
Other
- Description: Furnace room, H20 Heater.
- Area: 210.12
- Dimensions: 20.6 x 10.2
Other
- Description: Currently being used as Storage
- Area: 164.34
- Dimensions: 19.8 x 8.3
Other
- Description: rough in area for prior bathroom.
- Area: 49.2
- Dimensions: 4.1 x 12.0
Utility room
- Description: Utility room, Partially finished space for Washer and Dryer
- Area: 161.02
- Dimensions: 19.4 x 8.3
Workshop
- Description: Workshop
- Area: 127.77
- Dimensions: 11.11 x 11.5
Heating
- Forced Air
Appliances
- Included: Gas Water Heater
- Laundry: In Basement, Washer Hookup, Sink
Features
- Recessed Lighting, Storage, Natural Woodwork, Built-in Features, Entrance Foyer, Eat-in Kitchen, Ceiling Fan(s), Cathedral Ceiling(s)
- Windows: Blinds, Screens, Skylight(s), Insulated Windows
- Basement: Apartment,Partially Finished,Walk-Out Access,Storage Space,Concrete,Interior Entry,Exterior Entry,Daylight,Bath/Stubbed,Block
- Attic: Permanent Stairs
- Number of fireplaces: 1
- Fireplace features: Gas, Gas Log
Interior area
- Total structure area: 1,433
- Total interior livable area: 1,433 sqft
- Finished area above ground: 1,433
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Parking Lot, Asphalt, Alley Access
- Garage spaces: 1
Features
- Levels: One
- Patio & porch: Covered, Rear Porch, Front Porch, Deck
- Exterior features: Lighting, Private Entrance, Rain Gutters
- Pool features: None
- Fencing: Back Yard,Wood,Partial
- Has view: Yes
- View description: Neighborhood, See Remarks, Panoramic
- Frontage length: 50
Lot
- Size: 7,100 sqft
- Features: Back Yard, Views, Near Public Transit, Front Yard, Level, Irregular Lot
Details
- Parcel number: 450906409012000004
- Zoning description: Mixed Use
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1924
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers, Three Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Connected, Water Connected, Natural Gas Connected
Community & neighborhood
Security
- Security features: Security Lights, Smoke Detector(s)
Community
- Community features: Curbs, Restaurant, Street Lights, Sidewalks
Location
- Region: Gary
- Subdivision: Ridge Sub
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Owner Assisted,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2025 | Sold | $250,000-12.3%$174/sqft |
Source:  NIRA as distributed by MLS GRID #802839 Report a problem | ||
| 11/23/2024 | Contingent | $285,000$199/sqft |
Source: NIRA as distributed by MLS GRID #802839 Report a problem | ||
| 11/7/2024 | Price change | $285,000-26%$199/sqft |
Source: NIRA as distributed by MLS GRID #802839 Report a problem | ||
| 6/21/2024 | Price change | $385,000-20.6%$269/sqft |
Source: NIRA as distributed by MLS GRID #802839 Report a problem | ||
| 4/28/2024 | Listed for sale | $485,000+977.8%$338/sqft |
Source: NIRA as distributed by MLS GRID #802839 Report a problem | ||
| 10/21/2022 | Sold | $45,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $302 -88% | $8,700 +1.2% |
| 2024 | $2,504 +13.2% | $8,600 -91.3% |
| 2023 | $2,211 +8% | $99,300 +15.1% |
| 2022 | $2,047 +3% | $86,300 +8% |
| 2021 | $1,988 +28.1% | $79,900 +3% |
| 2020 | $1,552 -41% | $77,600 |
| 2019 | $2,629 +49.6% | $77,600 |
| 2018 | $1,757 +37.3% | $77,600 -1.1% |
| 2017 | $1,279 | $78,500 +31.5% |
| 2016 | $1,279 -8.6% | $59,700 -0.2% |
| 2014 | $1,399 +7.8% | $59,800 +3.5% |
| 2013 | $1,299 -2.3% | $57,800 +0.9% |
| 2012 | $1,329 +7.7% | $57,300 +11.3% |
| 2011 | $1,235 -4% | $51,500 |
| 2010 | $1,287 | $51,500 -4.5% |
| 2009 | -- | $53,900 +7.8% |
| 2007 | -- | $50,000 +228.9% |
| 2006 | -- | $15,200 |
| 2005 | -- | $15,200 |
Find assessor info on the county website
Neighborhood: Aetna
Nearby schools
GreatSchools rating
- 5/10Banneker Elementary at MarquetteGrades: K-5Distance: 1 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 1.4 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 7.3 mi
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- Indiana
- Lake County
- Gary
- 46403
- Aetna
- 5816 E 7th Ave
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