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$48,500
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Property Description
Spacious opportunity on a large lot! This 1 bedroom home offers the potential for a 2nd bedroom or flexible office space to fit your needs. Features include a full unfinished basement providing ample storage or future finishing possibilities. Major mechanical updates include a water heater replaced in 2024 plus furnace and central air approximately 7-8 years old. The oversized lot offers plenty of outdoor space for entertaining, gardening, or future expansion. Convenient location with easy access to major roads, shopping, and local amenities. Property is being sold as-is. Great option for an owner occupant, investor, or renovation project with upside potential!
Full Property Details
Full Property Details for 5030 W 27th Ave
General
- Sold For: $48,500
- Taxes: $105 (2025)
- Status: Closed
- Type: Single Family
- Source: GNIAR
- MLS ID: 839151
- Added to Site: 52 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: None
- Appliances: Dryer, Refrigerator, Range
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Parking Features: Driveway
Location
- County: Lake
- Township: Calumet
- Subdivision: Oakl Lawn
- Driving Directions: Burr to 27th St to House
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 600
- Year Built: 1942
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,552.8
- Lot Features: Back Yard, Front Yard
Financial Considerations
- Tax Amount: $105
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: OAK LAWN EX. S. 130' L.16
- Property ID: 450713402021000003
Listed by Brokerworks Group
Sold by McColly Real Estate
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Schools
Schools serving 5030 W 27th Ave
School District:Lake Ridge Schools
| Name | Grades | Distance |
|---|---|---|
Lake Ridge Middle School 3601 West 41st Avenue, Gary, IN 46408 | 5-8 | 2.1 mi |
Longfellow Elementary School, Gary, IN 45th/Calhoun Sts, Gary, IN 46408 | K-4 | 2.5 mi |
Calumet High School, Gary, IN 3900 Calhoun Street, Gary, IN 46408 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5030 W 27th Ave
Date
Details
Price
Change
Source
6/15/2026
Sold
$48,500
-11.82%
MLS
5/19/2026
Listed
$55,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5030 W 27th Avenue, Gary, IN 46406 (MLS# 839151) is a Single Family property that was sold at $48,500 on June 15, 2026. Want to learn more about 5030 W 27th Avenue? Do you have questions about finding other Single Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

