5018 Magoun Avenue East Chicago, IN ^$ 32,000

5018 Magoun Avenue

^$ 32,000

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5018 Magoun Avenue

East Chicago, IN, 46312

^$ 32,000

Studio Baths0.0

Monthly Estimate*

^$ 200

5018 Magoun Avenue, East Chicago, IN 46312 - Image 1

Studio

Lots and Land for sale in East Chicago, IN

for $32,000. The lot size is 0.08.

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.

Lots and Land Active

Price

^$ 32,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,114

Style

Unimproved Land

Lot Size

0.08

Town/City

East Chicago

County/Region

Lake

MLS | Web ID

809490

Features

General

Sewer Other Public Sewer

Utilities Natural Gas Available Water Connected Sewer Available Natural Gas Connected

Development Status Other

Pool Features None

Electric Other

Township North

Property Subtype Unimproved Land

Tax Year 2024

Community Features Park Sidewalks Street Lights Restaurant Playground

County Lake

Property Type Land

HOA N

Status Active

Directions N. on Indianapolis blvd. to 151st and turn left and proceed to stop sign. Then to right onto magoun and N. to land

City East Chicago

Lot Size Square Feet 3484.8

Listing Terms Cash Other

Tax Annual Amount 1114.16

Lease Considered Y/N N

Standard Status Active

Legal Description SUB. NW. S.32 T.37 R.9 ALL L.9 BL.3

Exterior

Fencing None

Lot Features Other Paved

Water Source Public

Lot Dimensions 25'*132'

Lot Size Acres 0.08

Road Surface Type Alley Paved Unimproved Paved

Frontage Length 25

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Diana Franz

Listing Agent

Brokerworks Group

Broker

diana@franzrealestate.com

Affordability Calculator

$292

Per Month

Monthly Principal & Interest: $200
Monthly Property Taxes: $93
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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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Nearby

Trends
Schools

Lots and land listings in East Chicago, IN

Average List Price ^$39,677

Percent of Sale Price 24%

About East Chicago, IN

27,350 Population

-16% Since 2002

^$28,332 Median Income

32.98 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/19/2025	$29,000	-1.69%	Price Down
3/5/2025	$29,499	0.00%	Price Down
9/2/2024	$29,500		Listed Price

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5018 Magoun Avenue, East Chicago, IN, 46312 is a Lots and Land for sale at $32,000 with a lot size of 0.08. 5018 Magoun Avenue is a studio with 0.0 baths. The property's zip code is 46312 which is in East Chicago, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/18/2025.

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5018 Magoun Avenue

Lots and Land for sale in East Chicago, IN

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