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    • $250,000

    5816 E 7th Ave, Gary, IN 46403

    2beds
    1,433sqft
    Single Family Residence
    Built in 1924
    7,100 Square Feet Lot
    $237,500 Zestimate®
    $174/sqft
    $1,689 Estimated rent

    Home value

    $237,500

    $211,000 - $264,000

    $1,689/mo

    Zestimate® history
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    What's special

    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!

    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#: 802839MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Great Room, Utility Room, Workshop, Media Room, Primary Bedroom, Other Room, Office, Kitchen
    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 Square Feet
    • 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 & HOA

    Community
    • Features: Curbs, Restaurant, Street Lights, Sidewalks
    • Security: Security Lights, Smoke Detector(s)
    • Subdivision: Ridge Sub
    HOA
    • Has HOA: No
    Location
    • Region: Gary

    Financial & listing details

    • Price per square foot: $174/sqft
    • Tax assessed value: $86,300
    • Annual tax amount: $2,211
    • Date on market: 4/28/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Owner Assisted,Conventional
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/7/2025Sold$250,000-12.3%$174/sqft
    Source: NIRA as distributed by MLS GRID #802839 Report a problem
    11/23/2024Contingent$285,000$199/sqft
    Source: NIRA as distributed by MLS GRID #802839 Report a problem
    11/7/2024Price change$285,000-26%$199/sqft
    Source: NIRA as distributed by MLS GRID #802839 Report a problem
    6/21/2024Price change$385,000-20.6%$269/sqft
    Source: NIRA as distributed by MLS GRID #802839 Report a problem
    4/28/2024Listed for sale$485,000+977.8%$338/sqft
    Source: NIRA as distributed by MLS GRID #802839 Report a problem
    10/21/2022Sold$45,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

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