501 Wabash Avenue
Chesterton, IN 46304
Map
- 9 beds
- 4 baths
- 4,200 sqft
- 11,718 sqft lot
- $117 per sqft
- 1926 build
- – on site
Right here, This Is The One! 501 Wabash Ave is a truly remarkableproperty in the heart of Chesterton, Indiana. Optionsabound...Generational living? Check. Income-producing property? Check.Beautiful open concept home with an apartment and guest suite forvisiting family and friends? Check. Boasting 4,200 square feet of livingspace, this property is as versatile as it is unique. The main area of thehome features hardwood floors, an open living space with plenty of roomfor entertaining and relaxing, 4 nicely sized bedrooms and a luxuriouscustom built shower in the main bathroom. In addition to that, there are 2more bedrooms, a full and half bath, an additional kitchen and living roomjust off the main area that can be used as generational living, or separate itfrom the main area and turn this house into a 3 unit income property. Thisproperty doesn't stop there. Above the 3 car garage you will find a 3bedroom, 1 bathroom apartment with newer floors, recessed lighting, aprivate entrance and private deck for enjoying the outdoors. This gem of ahome is located in the award-winning Duneland school district, is aleisurely stroll to the Chesterton European Market, minutes to the beachand State & National Parks, is close to great local amenities and just ashort drive to Chicago. Do not wait, do not hesitate, schedule yourshowing and make this versatile and delightful home yours today!Professional photos coming soon!
Last checked:
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Last updated Jun 26, 2025
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MLS# 823200 —
The Building
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Year Built:1926
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New Construction:false
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Window Features:Blinds
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Patio And Porch Features:Deck, Patio
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Levels:Tri-Level
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Basement:Unfinished
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Basement:true
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Above Grade Finished Area:3080
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Below Grade Unfinished Area:1400
Interior
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Room Type:Bedroom 2, Primary Bedroom, Living Room, Kitchen, Bedroom 4, Bedroom 3
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Interior Features:Ceiling Fan(s), Open Floorplan, Crown Molding, High Ceilings
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Fireplace:false
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Laundry Features:Gas Dryer Hookup, Upper Level, Washer Hookup, Lower Level
Room Dimensions
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Living Area:4200
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Living Area Source:Assessor
Location
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Directions:From 49, head west on Indian Boundary. Turn left on Calumet and right on Wabash. Home is on left side
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Latitude:41.612917
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Longitude:-87.056899
The Property
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Parcel Number:640336403003000023
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Property Subtype:Single Family Residence
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Property Attached:false
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Lot Features:Corner Lot, Landscaped
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Lot Size Acres:0.269
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Lot Size Square Feet:11718
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Lot Size Source:Assessor
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View:Neighborhood
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Exterior Features:Private Yard
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (219) 242-3235
- Office phone:
- (219) 462-5478
Taxes
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Tax Year:2024
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Tax Annual Amount:4532.2
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Tax Legal Description:O S OUTLOT ADD N145 EX PARC IN W75 LOT 1 BLK 1
Beds
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Total Bedrooms:9
Baths
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Total Baths:4
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Full Baths:2
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Three Quarter Baths:1
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Half Baths:1
Heating & Cooling
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Heating:Forced Air, Hot Water
Utilities
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Utilities:Electricity Connected, Water Connected, Natural Gas Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Refrigerator
Schools
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High School District:Duneland School Corporation
The Community
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Subdivision Name:O S Outlot Add
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Association:false
Parking
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Garage:true
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Garage Spaces:3
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Parking Features:Additional Parking, Detached, On Street, Driveway
Monthly cost estimate
Asking price
$495,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,650
|
| Taxes | $377 |
| Insurance | $136 |
| Utilities | $281 See report |
| Total | $3,444/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
