5816 E 7th Ave Gary, IN 46403
Aetna Neighborhood
2
Beds
2
Baths
1,433
Sq Ft
7,100
Sq Ft Lot
Highlights
- Deck
- 1-minute walk to Miller (Gary) Station
- Covered patio or porch
- Wood Flooring
- No HOA
- Restaurant
About This Home
As of February 2025Welcome 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,211
Year Built
- Built in 1924
Lot Details
- 7,100 Sq Ft Lot
- Wood Fence
- Back Yard Fenced
- Zoning described as Mixed Use
Parking
- 1 Car Garage
Home Design
- Brick Foundation
- Block Foundation
Interior Spaces
- 1,433 Sq Ft Home
- 1-Story Property
- Gas Log Fireplace
- Natural lighting in basement
- Attic Stairs
Flooring
- Wood
- Carpet
- Slate Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Deck
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Three-Phase Power
Listing and Financial Details
- Assessor Parcel Number 450906409012000004
Community Details
Overview
- No Home Owners Association
- Ridge Sub Subdivision
Amenities
- Restaurant
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $250,000 | -12.3% | $174 / Sq Ft |
| 11/07/2024 11/07/24 | Price Changed | $285,000 | -26.0% | $199 / Sq Ft |
| 06/21/2024 06/21/24 | Price Changed | $385,000 | -20.6% | $269 / Sq Ft |
| 04/27/2024 04/27/24 | For Sale | $485,000 | -- | $338 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
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 | $8,755 | $8,600 | $8,200 | $400 |
| 2023 | $2,504 | $99,300 | $8,300 | $91,000 |
| 2022 | $2,211 | $86,300 | $8,200 | $78,100 |
| 2021 | $2,047 | $79,900 | $8,200 | $71,700 |
| 2020 | $1,988 | $77,600 | $8,200 | $69,400 |
| 2019 | $1,612 | $77,600 | $8,200 | $69,400 |
| 2018 | $1,738 | $77,600 | $8,200 | $69,400 |
| 2017 | $1,757 | $78,500 | $8,200 | $70,300 |
| 2016 | $1,332 | $59,700 | $8,200 | $51,500 |
| 2014 | $1,399 | $59,800 | $8,900 | $50,900 |
| 2013 | $1,299 | $57,800 | $8,900 | $48,900 |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | Community Title Company | |
| Sheriffs Deed | $45,000 | -- | |
| Personal Reps Deed | -- | None Available | |
| Personal Reps Deed | -- | None Available | |
| Personal Reps Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Similar Homes in Gary, IN
Source: Northwest Indiana Association of REALTORS®
MLS Number: 802839
APN: 45-09-06-409-012.000-004
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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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