518 N Miami Place Gary, IN $ 58,000
518 N Miami Place
$ 58,000
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518 N Miami Place

Gary, IN, 46403
$ 58,000
Bedrooms5 Baths2.0 Sq 2,178

Monthly Estimate*

$ 385

518 N Miami Place, Gary, IN 46403 - Image 1

Single Family Home for sale in Gary, IN

for $58,000 with 5 bedrooms and 2 full baths. This 2,178 square foot home was built in 1948 on a lot size of 0.193.

**Investor's Dream: Blank Canvas Near Miller Beach**Welcome to an exceptional opportunity for investors and visionaries in the prestigious Miller Beach area of Indiana. This two-story, five-bedroom, two-bath home is just minutes from the beach, offering a prime location for those seeking a project with immense potential.**Property Features:**- 5 bedrooms, 2 baths- Prime two-story layout- Unbeatable proximity to Miller Beach- Endless potential for renovation or reconstructionRequiring a FULL GUT REHAB to restore it to its glory, this home is ready to be transformed into a stunning lakefront property. With potential after-renovation values reaching as high as $300,000+, the possibilities are as vast as the lakes proximity. This property offers a prestigious address with access to the area's renowned amenities and natural beauty.Don't let this great opportunity pass you by!

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Single Family Active

Price

$ 58,000

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 1,524

Style

Single Family Residence

Lot Size

0.193

Year Built

1948

Town/City

Gary

County/Region

Lake

MLS | Web ID

543123

Features
General
Interior Features None
Heating Natural Gas None
Appliances None
Garage Spaces 2
Patio/Porch Features Deck
Year Built 1948
Township Calumet
Levels Two
Property SubType Single Family Residence
Tax Year 2022
Community Features Curbs Sidewalks
County Lake
Property Type Residential
HOA / Comm Assn N
Subdivision Name Gary Beach 02
Garage Y/N Y
Total Rooms 3
Close Price 0
Status Active
Directions US-12/US-20 to Lake Street Lake Street to miller ave Miller Ave to S. Grand Blvd Turn onto Forest Ave Turn on to N. Miami Street veer towards N. Miami Place
City Gary
Lot Size Square Feet 8407
Street Name Miami
Property Attached Y/N N
Tax Annual Amount 1524
Standard Status Active
Tax Assessed Value 59500
Legal Description Legal Description: GARY BEACH 2ND SUB. ALL L.5 BL.D S. 20 FT. L.6 BL.D
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Exterior
Parking Features Detached
Lot Features Sloped
Water Source Public
Lot Dimensions 60x140
Lot Size Acres 0.193
Frontage Length 60
Lot Size Source Assessor
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Interior
Total Fireplaces 0
Fireplace Y/N N
Above Grade Finished Area 2178
Full Baths 2
Half Baths 0
3/4 Baths 0
Street Suffix Place
Total Bedrooms 5
Room Type Bathroom Kitchen Primary Bedroom Living Room
Total Baths 2
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* Excluded Features
List By
Ashley Tarver

Listing Agent

Coldwell Banker Real Estate Gr

Broker

SoldByAshleyNicole@gmail.com

Email

Affordability Calculator

$512
Per Month
75%
25%
0%
Monthly Principal & Interest
$385
Monthly Property Taxes
$127
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2024$58,000 -3.33% Price Down
12/23/2023$60,000 Listed Price

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518 N Miami Place, Gary, IN, 46403 is a Single Family Home for sale at $58,000 with 2,178 sqft and a lot size of 0.193. 518 N Miami Place has 5 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 46403 which is in Gary, IN