5816 E 7th Avenue
Gary, IN 46403
- 2 beds
- 2 baths
- 1,433 sqft
- 7,100 sqft lot
- $198 per sqft
- 1924 build
- – on site
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!
Listing courtesy of NIRA / McColly Real Estate
Last checked:
Checking…
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Last updated Nov 18, 2024
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MLS# 802839 —
The Building
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Year Built:1924
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New Construction:false
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Architectural Style:Bungalow
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Structure Type:Mixed Use
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Window Features:Blinds, Screens, Skylight(s), Insulated Windows
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Patio And Porch Features:Covered, Rear Porch, Front Porch, Deck
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Security Features:Security Lights, Smoke Detector(s)
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Levels:One
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Basement:Apartment, Partially Finished, Walk-Out Access, Storage Space, Concrete, Interior Entry, Exterior Entry, Daylight, Bath/Stubbed, Block
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Basement:true
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Above Grade Finished Area:1433
Interior
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Room Type:Great Room, Utility Room, Workshop, Media Room, Primary Bedroom, Other Room, Office, Kitchen
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Interior Features:Attic Stairway, Recessed Lighting, Storage, Natural Woodwork, Built-in Features, Entrance Foyer, Eat-in Kitchen, Ceiling Fan(s), Cathedral Ceiling(s)
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:Gas, Gas Log
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Laundry Features:In Basement, Washer Hookup, Sink
Room Dimensions
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Living Area:1433
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Living Area Source:Assessor
Location
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Directions:From Route 20 and Lake Street. Proceed North across train tracks. Turn Immediately onto 7th Ave. Proceed to property on your right.
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Latitude:41.598218
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Longitude:-87.267539
The Property
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Parcel Number:45-09-06-409-012.000-004
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Property Subtype:Single Family Residence
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Property Condition:Updated/Remodeled
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Property Attached:false
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Lot Features:Back Yard, Views, Near Public Transit, Front Yard, Level, Irregular Lot
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Lot Size Acres:0.163
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Lot Size Square Feet:7100.28
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Lot Size Dimensions:Irregular, see legal descriptions
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Lot Size Source:Assessor
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Zoning Description:Mixed Use
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Additional Parcels:false
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View:Neighborhood, See Remarks, Panoramic
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Exterior Features:Lighting, Private Entrance, Rain Gutters
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Frontage Length:50
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Fencing:Back Yard, Wood, Partial
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Waterfront:false
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (219) 241-1556
- Office phone:
- (219) 926-1616
Taxes
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Tax Year:2022
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Tax Annual Amount:2211
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Tax Assessed Value:86300
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Tax Legal Description:RIDGE SUB. E. 50 FT. OF LOTS 22-23-24 BL.1
Beds
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Total Bedrooms:2
Baths
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Total Baths:2
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Half Baths:2
Heating & Cooling
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Heating:Forced Air
Utilities
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Utilities:Cable Available, Sewer Connected, Water Connected, Natural Gas Connected
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Electric:200+ Amp Service, Circuit Breakers, Three Phase
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Water Heater
Schools
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High School District:Gary
The Community
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Subdivision Name:Ridge Sub
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Community Features:Curbs, Restaurant, Street Lights, Sidewalks
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Pool Features:None
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Association:false
Parking
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Garage:true
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Garage Spaces:1
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Parking Features:Additional Parking, Parking Lot, Asphalt, Alley Access
Monthly cost estimate
Asking price
$285,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,526
|
Taxes | $184 |
Insurance | $78 |
Utilities | $188 See report |
Total | $1,976/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/7/24
Nov 7, 2024
|
Price Changed | NIRA | $285,000 | -26.0% |
6/27/24
Jun 27, 2024
|
Listed / Active | NIRA | $385,000 |