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Listing provided courtesy of Brokerworks GroupNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 809490MLS Provider

5018 Magoun AvenueEast Chicago, IN 46312

Vacant Land · 0.08 Acres
$32,000 Active

5018 Magoun Avenue Overview

Time on Site:
666 days
Visits:
2

BUILD YOUR HOME IN EAST CHICAGO! This is an exceptional opportunity to buy residential land with immediate access to schools and shopping. You'll be just a short drive from parks, restaurants, and public transportation. Best of all, your new home could be more affordable than you think. Be sure to ask about the City of East Chicago's down payment assistance program, which offers up to 30,000 to qualified buyers building a new, owner-occupied home in the city.

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5018 Magoun Avenue Facts & Features

  • Type Vacant Land
  • Lot 0.08 Acres

Details

General

Association/HOA

  • Association: false

Location/Region

  • County Or Parish: Lake
  • Township: North

Community/Development

  • Community Features: Park,Sidewalks,Street Lights,Restaurant,Playground
  • Development Status: Other

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 1114.16
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Other
  • Parcel Number: 450332132022000024
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Senior Community: false

Interior

General Information

  • Electric: Other

Exterior

Lot Information

  • Additional Parcels: false
  • Frontage Length: 25
  • Lot Features: Other,Paved
  • Lot Size Dimensions: 25'*132'
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3484.8
  • Road Surface Type: Alley Paved,Unimproved,Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Fencing: None
  • Pool Features: None
  • Sewer: Other,Public Sewer
  • Utilities: Natural Gas Available,Water Connected,Sewer Available,Natural Gas Connected

5018 Magoun Avenue Neighborhood

Community

46312 (East Chicago) Demographics

35
Median Age
1,966
Population Density (per sq. mile)
18%
College Educated
$35,396
Estimated Median Income
4,665
Estimated Total Home Owners
5,980
Estimated Total Renters
44% / 56%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5018 Magoun Avenue Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5018 Magoun Avenue Market Data

Based on the last 30 days in this zip code

$176,748
Average List Price
$93
Average Price per Square Foot
6
Properties Sold
86
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

5018 Magoun Avenue History

Date Event Value Agent
9/2/2025Source: Northwest Indiana MLS Price Increase
$32,000 10.3%
7/31/2025Source: Northwest Indiana MLS Price Reduction
$29,000 -1.7%
3/5/2025Source: Northwest Indiana MLS Price Reduction
$29,499 -0.0%
9/2/2024Source: Northwest Indiana MLS Added to Database
September 02, 2024