$750,000 Price Analysis    ♡   Gary, IN 46403 2 bed 1 bath 904 SqFt ($829/SqFt) 1.3 acre lot. Built 1923 Listed 2024-04-12, Taxes $1,206 | Ⓧ USDA Ineligible due to location near Gary |
Prime Real Estate Opportunity in Miller Beach!
Zoned R6, MIXED USES, within the East Lakefront District, this is a RARE chance to own a slice of prime land in the heart of Miller Beach, directly across from the new Miller Beach South Shore Train Station. The 2-bedroom, 1-bathroom home, with 2 car detached garage and a green house, sits on an expansive 1.3-acre lot spanning across 12 parceled lots, offering unparalleled potential for development and investment, ZONED R6Key Features: 2 bedrooms, 1 bathroom homeSituated on 1.3 acres of prime landDirectly across from the new Miller Beach South Shore Train Station Zoned R6, Transit-Oriented Development (TOD) Zone within the Lake Street CorridorE ndless possibilities for future developmentIdeal for advanced investors and developersProperty Highlights: Ample space for additional structures or amenitiesBeautiful surroundings and proxmity to Miller Beach.EXCEPTIONAL INVESTMENT OPPORTUNITY!!This property presents an extraordinary opportunity for the astute investor and developer. With its strategic location, expansive land and inclusion in the future TOD Zone, the possibilities for development are limitless. Whether you're looking to capitalize on the burgeoning real estate market or create a visionary project, this is an opportunity not to be missed.Don't miss out on this rare chance to own prime real estate in one of Miller Beach's most sought-after locations. Explore the unlimited possibilities this property has to offer!!
Please see the attached document R6 ZONING
Presented by Alan Harrell at
McCOLLY Real Estate.
Property MLS #802082 from NIRA
Bedroom 2 Dimensions: 11.6 x 10.0
Bedroom 2 Sqft: 116
Basement, Bedroom 2, Family Room, Kitchen, Other Room, Primary Bedroom
Primary Bedroom: 11.0 x 10.8
Primary Bedroom: 10.8
Primary Bedroom: 11
Primary Bedroom Sqft: 118.8
Other: 9.9 x 7.8
Other: 7.8
Other: 9.9
Other Sqft: 77.22
Basement: 27.0 x 10.0
Basement: 10
Basement: 27
Basement Sqft: 270
Basement: 27.0 x 8.8
Basement: 8.8
Basement: 27
Basement Sqft: 237.6
Basement Features: Partially Finished
Family Room Dimensions: 24.1 x 12.2
Family Room Sqft: 294
Full Bathrooms: 1
Free-Standing Refrigerator
Gas Range
Washer
Laundry Features: In Basement
Kitchen Sqft: 183
Patio
Patio And Porch Features: Front Porch, Patio
Road Surface Type: Asphalt, Paved
Lot Size Dimensions: 403 x 150
Lot Size Square Feet: 56628
Calculated Total Monthly Association Fees: 0
School District: Gary
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Lake
Directions: From Route 20 and Lake Street. Proceed on Lake street, cross the South Shore train tracks, and immediately turn left. ( West) on 7th Ave. Proceed west on 7th Ave to first street on your right, S. Hamilton. Turn right, proceed to home on your left.
Tax Year: 2022
Source Property Type: Residential
Source Neighborhood: Ridge
Subdivision: Ridge
Township: Calumet
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $43,800 + $3,200 $47,000 | $1,206 |
| 2020 | $42,900 + $3,200 $46,100 | $1,183 |
| 2019 | $42,900 + $3,200 $46,100 | $984 |
| 2018 | $42,900 + $3,200 $46,100 | $1,040 |
| 2017 | $45,700 + $3,200 $48,900 | $547 |
| 2017 | $43,600 + $3,200 $46,800 | $547 |
| 2016 | $50,100 + $3,400 $53,500 | $565 |
| 2015 | $54,600 + $3,400 $58,000 | $550 |
| 2013 | $52,500 + $3,400 $55,900 | $894 |
| 2012 | $52,400 + $3,400 $55,800 | $928 |
| 2011 | $49,700 + $3,400 $53,100 | $715 |
| 2010 | $49,700 + $3,400 $53,100 | $669 |
| 2008 | $54,300 + $3,600 $57,900 | $844 |
| 2008 | $53,200 + $3,600 $56,800 | $844 |
| 2005 | $50,700 + $3,400 $54,100 | $223 |
$750,000
NIRA
Listing removed 2021-04-10
$0
NIRA
Listed 2020-11-16
$250,000
NIRA
Year Built: 1923
Above Grade Finished Area: 904
Levels: One
Property Age: 101
House Style: Bungalow
Total Area Sqft: 904
Architectural Style: Bungalow
Sewer: Septic Tank
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.