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$55,000 Sale Pending
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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
- Price: $55,000
- Taxes: $105 (2025)
- Status: Pending
- Type: Single Family
- Source: GNIAR
- MLS ID: 839151
- Updated: 5/21/2026
- Added to Site: 6 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
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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
5/19/2026
Listed
$55,000
1146.04%
MLS
12/09/2016
Sold
$4,414
—
Public Record
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 5030 W 27th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$105
—
$48,400
11%
2024
$105
-97%
$43,800
6%
2023
$3,482
100%
$41,300
6%
2022
-100%
$39,100
7%
2020
$764
71%
$36,700
3%
2019
$447
—
$35,700
4%
2019
$447
-55%
$34,200
9%
2018
$1,000
-9%
$31,300
-9%
2017
$1,096
—
$34,400
-5%
2017
$1,096
-4%
$36,200
-4%
2016
$1,143
3%
$37,800
-7%
2015
$1,113
-60%
$40,600
-6%
2013
$2,817
-10%
$43,200
-5%
2012
$3,134
—
$45,700
—
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 5030 W 27th Ave
5030 W 27th Avenue, Gary, IN 46406 (MLS# 839151) is a Single Family property with 1 bedroom and 1 full bathroom. 5030 W 27th Avenue is currently listed for $55,000 and was received on May 19, 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.

