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$122,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
  • Updated 11 days ago
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Unlock the potential of this vacant two-unit property, perfectly positioned in a sought-after neighborhood with strong rental demand. Whether you're an experienced investor or a savvy buyer ready to create equity, this is your blank canvas! Each unit offers generous space and endless possibilities, ideal for a full renovation to maximize rental income. The property features a private, fenced in yard, and a full walk out basement ideal for storage and laundry facilities. Walking distance to shops, restaurants, transit and local amenities, it is a location that ensures long term value and tenant appeal. Sold AS IS. Bring your contractor and ideas!

Full Property Details for 5010 Magoun Ave

General

  • Price: $122,000
  • Taxes: $875 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 825171
  • Updated: 1/6/2026
  • Added to Site: 171 day(s) ago

Interior

  • Interior Features: Entrance Foyer
  • Appliances: None

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Private Yard

Parking

  • Garage Spaces: 2
  • Parking Features: Alley Access

Location

  • County: Lake
  • Township: North
  • Subdivision: East Chicago
  • Driving Directions: Indianapolis Avenue to 149th. West onto Magoun. Property on the right.

Heating & Cooling

  • Heating Type: None

Structural Information

  • Year Built: 1908

Lot Features

  • Lot Size (Acres): 0.0803
  • Lot Size (Sq. Ft.): 3,500
  • Lot Features: Back Yard, Rectangular Lot

Financial Considerations

  • Tax Amount: $875
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SUBDIV. NW. S.32 T.37 R.9 ALL L.5 BL.3
  • Property ID: 450332132018000024

Listed by Coldwell Banker Market Connect

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Listing agents

— 5010 Magoun Ave —

  • Coldwell Banker Market Connect

  • Coldwell Banker Market Connect

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5010 Magoun Ave

School District:City of East Chicago School District
NameGradesDistance
East Chicago Central High School
1100 West Columbus Drive, East Chicago, IN 46312
9-121.2 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 5010 Magoun Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$122,000
-3.94%
MLS
11/24/2025
Price Reduced
$127,000
-0.78%
MLS
10/04/2025
Price Reduced
$128,000
-0.78%
MLS
7/30/2025
Listed
$129,000
72%
MLS
7/29/2005
Sold
$75,000
—
Public Record
Get Price Alerts and Save Property
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 for 5010 Magoun Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,067
-66%
$70,400
8%
2023
$3,097
217%
$64,900
28%
2022
$976
8%
$50,600
28%
2020
$907
37%
$39,500
6%
2019
$660
—
$37,200
9%
2019
$660
20%
$34,000
34%
2018
$549
-1%
$25,400
-2%
2017
$556
—
$25,900
2%
2017
$556
-2%
$25,400
7%
2016
$565
64%
$23,700
-20%
2015
$344
-80%
$29,500
-11%
2013
$1,726
-22%
$33,000
-13%
2012
$2,223
—
$37,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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5010 Magoun Avenue, East Chicago, IN 46312 (MLS# 825171) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 5010 Magoun Avenue is currently listed for $122,000 and was received on July 30, 2025. Want to learn more about 5010 Magoun Avenue? Do you have questions about finding other Multi-Family 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.

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