OFF MARKET
5056 Pennsylvania St
Gary, IN 46409
University Park
2 Beds
1 Bath
837 sqft
- 2 Beds
- 1 Bath
- 837 sqft
2 Beds
1 Bath
837 sqft
Homes for Sale Near 5056 Pennsylvania St
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FORECLOSUREValarie Kubacki, Dream Team Agents, LLC
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Local Information
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Commute Destination
Description
This property is no longer available to rent or to buy. This description is from February 28, 2024
Opportunity Knocks! This 2 bedroom, 1 bath ranch is located across from a park, steps to the new Fire Station and within a 15 minute drive to the New Hard Rock Casino and Southlake Mall. This well-kept home features a newer high efficiency furnace, vinyl windows throughout, hardwood floors, updated electric, updated plumbing and includes all appliances (even the washer and dryer)! While savvy investors will salivate over the 15% pro-forma cap rate at a reasonable $900/month, the budget-wise homeowner can also reap some rewards with traditional financing. A great buy and the Seller is motivated. Close to major improvements, restaurants, services, the university and other developments along Broadway and 49th. Opportunities like this are rare in this market.
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
57 days ago
Home Details for 5056 Pennsylvania St
Interior Features |
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Interior Details Number of Rooms: 4Types of Rooms: Primary Bedroom, Bedroom 2, Bathroom, Living Room, Kitchen |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 837 Square Feet |
Appliances & Utilities Utilities: Electricity Available, Natural Gas AvailableAppliances: Built-In Gas Range, Dryer, Microwave, RefrigeratorDryerMicrowaveRefrigerator |
Heating & Cooling Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Levels: OneAccessibility: Enhanced Accessible |
Exterior Features |
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Parking & Garage No Attached GarageParking: None |
Farm & Range Frontage Length: 40 |
Finished Area Finished Area (above surface): 837 |
Property Information |
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Year Built Year Built: 1949 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow |
Building Not Attached Property |
Property Information Parcel Number: 450834306023000004 |
Price & Status |
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Price List Price: $55,000 |
Active Status |
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MLS Status: Closed |
Location |
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Direction & Address City: GaryCommunity: Broadhurst |
School Information High School District: Gary |
Building |
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Building Area Building Area: 837 Square Feet |
HOA |
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No HOA |
Lot Information |
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Lot Area: 5052.96 sqft |
Offer |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
Compensation |
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Buyer Agency Commission: 1250Buyer Agency Commission Type: $ |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 504324 |
Additional Information |
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Mlg Can ViewMlg Can Use: IDX |
Last check for updates: about 6 hours ago
Listed by Sam Geraci
INcoast Homes LLC, (773) 983-1904
Bought with: Felicitas Lara, Coldwell Banker Realty, (219) 865-9911
Source: NIRA, MLS#504324
Price History for 5056 Pennsylvania St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/06/2022 | $45,000 | Sold | NIRA #504324 |
| 12/19/2021 | $55,000 | PriceChange | NIRA #504324 |
| 12/16/2021 | $60,000 | Listed For Sale | NIRA #504324 |
| 12/06/2021 | ListingRemoved | NIRA #504324 | |
| 11/16/2021 | $60,000 | Listed For Sale | NIRA #504324 |
| 10/16/2015 | $8,500 | Sold | NIRA #377669 |
| 09/09/2015 | $7,500 | PriceChange | Agent Provided |
| 08/04/2015 | $10,000 | Listed For Sale | Agent Provided |
| 02/03/2015 | $8,000 | Sold | N/A |
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $1,158 |
| Assessment | $44,800 |
Home facts updated by county records
Comparable Sales for 5056 Pennsylvania St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Single-Family Home | $32,500 | 06/09/23 | 2 | 1 | 780 | |
0.13 | Single-Family Home | $39,000 | 08/03/23 | 2 | 1 | 646 | |
0.13 | Single-Family Home | $70,000 | 12/08/23 | 2 | 1 | 786 | |
0.34 | Single-Family Home | $39,500 | 04/10/24 | 2 | 1 | 672 | |
0.40 | Single-Family Home | $35,000 | 02/27/24 | 2 | 1 | 652 | |
0.27 | Single-Family Home | $52,500 | 10/18/23 | 3 | 1 | 1,053 | |
0.23 | Single-Family Home | $24,000 | 06/12/23 | 3 | 1 | 775 | |
0.19 | Single-Family Home | $38,000 | 03/22/24 | 3 | 1 | 1,099 |
Assigned Schools
These are the assigned schools for 5056 Pennsylvania St.
- West Side Leadership Academy
- 9-12
- Public
- 1193 Students
1/10GreatSchools RatingParent Rating AverageA young man was beaten unconscious in the gymnasium in late 2019. I think that's pretty neat.Parent Review1y ago - Glen Park Academy For Excel In Lrn
- K-5
- Public
- 518 Students
2/10GreatSchools RatingParent Rating AverageThis school is not up to par with other schools. There seems to be a lack of concern for the students learning experience and their safety and well being. Bullying is very common at this school! Children can't excell in this type of environment.Other Review1y ago - Bailly Preparatory Academy
- 6-8
- Public
- 513 Students
3/10GreatSchools RatingParent Rating AveragePoor they need to do better not goodParent Review6y ago 
Check out schools near 5056 Pennsylvania St.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about University Park
- ernest d eskridge
- Visitor
- 2mo ago
"The neighborhood is wonderful there is nothing bad about this neighborhood whatsoever so ever the people are friendly "
- Trulia User
- Resident
- 2y ago
"the abandoned homes make the neighborhood unique. I work in the area and meet interesting people. most people seem nice. "
- Trulia User
- Resident
- 2y ago
"Yes they would. Lots of parks and space for owners to walk their dogs. There is even a walking trail near by."
- Trulia User
- Resident
- 2y ago
"It’s quiet and peaceful. I love my neighbors and the sense of community. I would recommend this community to anyone looking for a good place to raise your family."
- Trulia User
- Resident
- 3y ago
"Neighborhood is still in depression state from years of families moving out and leaving their homes. But the area is on the up and up with neighbors taking pride in their land and beautifying their lands. I have been here two years and enjoy it."
- Antoinette722
- Visitor
- 3y ago
"It is important that parents feel comfort moving into the home, your kids are safe, and it’s in the district of great area for children can play. "
- Lynceta G.
- Resident
- 3y ago
"there's none unless you create for your family and friends. Election years politicians seeking office holds events and community meetings. l like it to be none intrusive."
- Monopoltizeent
- Resident
- 4y ago
"Not a area that needs to be gentrified, we good with the way it is middle class urban community that dont want any change unless it benefits us that have lived here for years"
- Tamera W.
- Resident
- 4y ago
"There are new businesses opening. I see homes that need tax and they would have great potential for new home owners. Most homes are very well kept and the neighbors are friendly "
- Emerson
- Prev. Resident
- 5y ago
"It was ok. I think the neighbors didn't like me because i had two pit bull dogs, and one got out of the yard without my knowing. When i found out i retrieved him immediately, but i still sensed that the neighbors viewed me with disdain."
- Brandy K.
- Prev. Resident
- 5y ago
"Somewhat easy on the week day, and on the weekend easy breezy. Love the area but would like to be somewhere way different "
- Cullen B.
- Resident
- 5y ago
"Lived here 10 year and it’s not the worries and can stand to be a lot better but it’s not that bad either. "
- Michaelmimssr95
- Resident
- 5y ago
"nothing about this place is unique gary needs work it's every where to many abandoned house some places you rent from be having mold problems "
- Michaelmimssr95
- Resident
- 5y ago
"it's not gary needs alot of work to many abandoned houses and it need cleaning alot of trash every where you go and renting house of here is not good these landlord don't do nothing and it's to many schools closed down."
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Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS® Association, Inc. All rights reserved.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 5056 Pennsylvania St
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Off Market Homes Near 5056 Pennsylvania St
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- SOLDAPR 19, 2024Sonda Vasquez, Blue Ribbon Realty LLC
- SOLDAPR 19, 2024Christopher Jones, @properties/Christie's Intl RE
- SOLDAPR 19, 2024Rebecca Olson, Listing Leaders Affiliated
- SOLDAPR 19, 2024
- SOLDAPR 18, 2024Deborah Hemphill, Weichert, Realtors-Moke Agency
- See more homes for sale inGaryTake a look
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5056 Pennsylvania St, Gary, IN 46409 is a 2 bedroom, 1 bathroom, 837 sqft single-family home built in 1949. 5056 Pennsylvania St is located in University Park, Gary. This property is not currently available for sale. 5056 Pennsylvania St was last sold on Jan 6, 2022 for $45,000 (18% lower than the asking price of $55,000). The current Trulia Estimate for 5056 Pennsylvania St is $88,800.