NOT LISTED FOR SALE

5020 Magoun Ave East Chicago, IN 46312

Southside Neighborhood

Estimated Value: $223,000 - $267,000

6 Beds
3 Baths
2,940 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $200,000 $68 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,572/month

3 Days on Market

About This Home

As of April 2022

WOW...WOW...WOW... 3 UNIT TURNKEY BUILDING ...ALL UNITS ARE OCCUPIED... GREAT WAY FOR SOME CASH FLOW ... or LIVE IN ONE and LET THE OTHER 2 UNITS PAY FOR YOUR MORTGAGE. THIS WONT LAST LONG, Schedule your showings today.

Last Agent to Sell the Property

Adam Martinez

Favela Real Estate, LLC License #RB19000377 Listed on: 03/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1906

Lot Details

  • 3,508 Sq Ft Lot

Home Design

  • 2,940 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 450332132023000024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,920

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1906
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: None
  • Co List Office Mls Id: GNR1959
  • Co List Office Mls Id: GNR1959
  • Subdivision Name: None
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.0805

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 3508
  • Parcel #: 450332132023000024

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 11, 2022
Sold by
Indiana Land Trust
Bought by
Mota Lucio and Guzman Martha L
Seller's Agent
Adam Martinez
Favela Real Estate, LLC
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$243,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,720
Avg. Annual Appreciation
3.05%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mota Lucio -- None Listed On Document
Peters Timothy A -- Granquist Daniel W
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $200,000 0.0% $68 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $200,000 -- $68 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,794 $179,000 $11,600 $167,400
2023 $2,072 $163,300 $11,600 $151,700
2022 $2,072 $103,600 $10,900 $92,700
2021 $1,710 $85,500 $5,400 $80,100
2020 $1,652 $82,600 $5,400 $77,200
2019 $1,782 $74,700 $5,400 $69,300
2018 $1,830 $72,300 $5,400 $66,900
2017 $1,892 $73,400 $5,400 $68,000
2016 $1,913 $71,800 $5,400 $66,400
2014 $1,850 $72,400 $5,100 $67,300
2013 $1,824 $71,500 $5,100 $66,400
Source: Public Records

Agents Affiliated with this Home

  • Adam Martinez

    Seller's Agent in 2022

    Adam Martinez

    Favela Real Estate, LLC

    (219) 888-0085

    2 in this area

    44 Total Sales

    Adam Martinez
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR508418

Northwest Indiana Association of REALTORS®

APN: 45-03-32-132-023.000-024

Indiana Lake County East Chicago 46312 Southside

5020 Magoun Ave, East Chicago, IN

This home is located at 5020 Magoun Ave, East Chicago, IN 46312 since 11 March 2022 and is currently estimated at $243,720, approximately $82 per square foot. This property was built in 1906. 5020 Magoun Ave is a home located in Lake County with nearby schools including East Chicago Central High School, East Chicago Urban Enterprise Academy, and St Stanislaus School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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