5018 Magoun Avenue, East Chicago, IN 46312

$32,000
Property Type: Land Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $32,000 List Date: 9/02/2024 Last Modified: 10/28/2025

Overview

Description

BUILD YOUR HOME IN EAST CHICAGO! This is an exceptional opportunity to buy residential land with immediate access to schools and shopping. You'll be just a short drive from parks, restaurants, and public transportation. Best of all, your new home could be more affordable than you think. Be sure to ask about the City of East Chicago's down payment assistance program, which offers up to 30,000 to qualified buyers building a new, owner-occupied home in the city.

Listing Details MLS# 809490

General Property Information

Lot Size Acres
0.08
Lot Size Square Feet
3484.8
Lot Size Source
Assessor
Lot Size Dimensions
25'*132'
Association YN
No
Waterfront YN
No
Senior Community YN
No
List Price/Acre
400000

Property Features

Community Features: Park; Playground; Restaurant; Sidewalks; Street Lights Current Use: Unimproved; Vacant Development Status: Other Electric: Other Fencing: None Frontage Type: Other Listing Terms: Cash; Other Lot Features: Paved; Other Other Equipment: None Pool Features: None Possession: Close Of Escrow Possible Use: Unimproved; Vacant; Other Road Frontage Type: Alley; City Street; Unimproved Road Surface Type: Alley Paved; Paved; Unimproved Roof: None Sewer: Public Sewer; Other Utilities: Natural Gas Available; Natural Gas Connected; Sewer Available; Water Connected Water Source: Public

Contract Information

Auction YN
No
Original List Price
29500
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Seller to consider offering concessions
Yes
Occupant Type
Vacant

Location Tax and Legal

Street Number
5018
Street Name
Magoun
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46312

Remarks and Miscellaneous

Public Remarks
BUILD YOUR HOME IN EAST CHICAGO! This is an exceptional opportunity to buy residential land with immediate access to schools and shopping. You'll be just a short drive from parks, restaurants, and public transportation. Best of all, your new home could be more affordable than you think. Be sure to ask about the City of East Chicago's down payment assistance program, which offers up to 30,000 to qualified buyers building a new, owner-occupied home in the city.

Status Change Information

Major Change Timestamp
2025-09-02T15:35:58Z
Major Change Type
Price Change
Price Change Timestamp
2025-09-02T15:35:58Z
Status Change Timestamp
2024-09-02

More Information

Exemption Information

Exemption YN
No

Frontage Type

Frontage Length
25
Other
Yes

Location, Tax, and Legal

Tax Annual Amount
1114.16
Tax Year
2024
Tax Legal Description
SUB. NW. S.32 T.37 R.9 ALL L.9 BL.3
Parcel Number
450332132022000024
Additional Parcels YN
No
Township
North
Directions
N. on Indianapolis blvd. to 151st and turn left and proceed to stop sign. Then to right onto magoun and N. to land

Community Features

Park
Yes
Playground
Yes
Restaurant
Yes
Sidewalks
Yes
Street Lights
Yes

Electric

Other
Yes

Fencing

None
Yes

Listing Terms

Cash
Yes
Other
Yes

Lot Features

Paved
Yes
Other
Yes

Other Equipment

None
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

Alley
Yes
City Street
Yes
Unimproved
Yes

Road Surface Type

Alley Paved
Yes
Paved
Yes
Unimproved
Yes

Roof

None
Yes

Sewer

Public Sewer
Yes
Other
Yes

Utilities

Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Available
Yes
Water Connected
Yes

Water Source

Public
Yes

Current Use

Unimproved
Yes
Vacant
Yes

Development Status

Other
Yes

Possible Use

Unimproved
Yes
Vacant
Yes
Other
Yes
Listing Office: Brokerworks Group
Last Updated: October - 28 - 2025
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