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$25,000
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Property Description
Prime Investment Opportunity in East Chicago!This property offers an unbeatable location just steps from an elementary school, plenty of restaurants, and a grocery store, making it ideal for families or investors. Situated right off Indianapolis Blvd, you'll enjoy easy access to major highways, shopping, and dining options.East Chicago is committed to homeownership and community development--ask about the City of East Chicago's Down Payment Assistance Program, which may provide up to $25,000 in assistance for those building a new owner-occupied home in the city!Don't miss this incredible opportunity!
Full Property Details
Full Property Details for 4502-04 Magoun Ave
General
- Price: $25,000
- Taxes: $651 (2023)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 817614
- Updated: 6/4/2025
- Added to Site: 306 day(s) ago
Location
- County: Lake
- Township: North
- Subdivision: Prentiss Ave
- Driving Directions: Head north on US 20 Indianapolis Blvd, turn Left/ West on 146th Street, then head North on Magoun Avenue
Lot Features
- Lot Size (Acres): 0.1428
- Lot Size (Sq. Ft.): 6,220
- Lot Features: Corner Lot, Near Public Transit, Landscaped
Financial Considerations
- Tax Amount: $651
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SUBDIV. BL.4-5-6-7-9 SW1/4 S.29 T.37 R.9 N.45.6FT.LTS. 1 & 2 E.9FT.OF N.45.6FT.L.3, W.16FT.OF N.75FT.L.3, & N.75FT.L.4 BL.5
- Property ID: 450329327008000024
Listed by McColly Real Estate
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Schools
Schools serving 4502-04 Magoun Ave
School District:City of East Chicago School District
| Name | Grades | Distance |
|---|---|---|
East Chicago Central High School 1100 West Columbus Drive, East Chicago, IN 46312 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4502-04 Magoun Ave
Date
Details
Price
Change
Source
5/08/2025
Price Reduced
$25,000
-28.57%
MLS
3/18/2025
Listed
$35,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4502-04 Magoun Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,097
-90%
$21,700
-91%
2023
$11,387
73%
$238,600
3%
2022
$6,596
-20%
$231,900
7%
2020
$8,218
101%
$217,600
-4%
2019
$4,094
—
$225,500
5%
2019
$4,094
2%
$214,600
4%
2018
$4,009
—
$205,900
2%
2017
$4,021
—
$201,800
4%
2017
$4,021
—
$194,700
1%
2016
$4,012
10%
$193,300
4%
2015
$3,651
-53%
$185,800
2%
2013
$7,726
-24%
$182,700
-14%
2012
$10,181
—
$212,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4502-04 Magoun Ave
4502-04 Magoun Avenue, East Chicago, IN 46312 (MLS# 817614) is a Lots/Land property with a lot size of 0.1428 acres. 4502-04 Magoun Avenue is currently listed for $25,000 and was received on March 18, 2025. Want to learn more about 4502-04 Magoun Avenue? Do you have questions about finding other Lots/Land real estate for sale in East Chicago? You can browse all East Chicago real estate or contact a Coldwell Banker agent to request more information.

