Tri-Level Home with Triangular
5033 W 92nd Avenue Crown Point, IN 46307
5033 W 92nd Avenue, Crown Point, IN, 46307
$299,900
For Sale
$299,900
SINGLE_FAMILY - Crown Point, IN
Property Size1,788 SF
Lot Size0.24 Acres
Price / SF$167.73
Days on Market93
Property Features for 5033 W 92nd Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Family Room, Bathroom 2, Laundry Room, Bathroom 1
- Parking features
- Driveway, Open, Garage
- Patio and Porch features
- Deck
- Interior features
- Granite Counters, Recessed Lighting, Open Floorplan, Kitchen Island
- Exterior features
- Storage
- Basement
- Crawl Space
- Appliances
- Dryer, Washer, Refrigerator, Microwave, Gas Water Heater, Gas Range, Gas Cooktop, Dishwasher
- Standard status
- Active
- APN
- 451125478001000036
- Size
- 1,788 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SCHERERVILLE TRACE LOT 14 EX. E.48FT
- Tax Annual Amount
- 1979
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1996
- Additional Structures
- Storage
Listing Agency
Realty Executives Premier
(219) 462-2224
21 E. US Highway 30, Valparaiso, IN
Listed by
Dennis Scherer
(219) 213-3346
Added: Apr 17 Checked: Jul 18 at 5:06 am
MLS# 837285
Listing URL
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This tri-level home offers 2 bedrooms and 2 bathrooms with a layout designed for everyday living and hosting. The kitchen features a long Quartz island, abundant storage, and all appliances included. The main level opens to the living room for a smooth flow through the home. Upstairs you’ll find two spacious bedrooms, along with a full bath and brand new carpet. The lower level includes a comfortable family room, a full bath, and a large mudroom for organization, plus a massive crawl space for storage. Outside, the property sits on a uniquely shaped triangular backyard with room to relax or play, and there is also a storage shed. A 2.5-car garage is included and is equipped with Tesla charging.
The home is located in Crown Point, Indiana at 5033 W 92nd Avenue (Lake County). Public remarks indicate proximity to a dog park, neighborhood playground, and scenic bike trail.
Additional conveniences noted include no HOA restrictions.
The home is located in Crown Point, Indiana at 5033 W 92nd Avenue (Lake County). Public remarks indicate proximity to a dog park, neighborhood playground, and scenic bike trail.
Additional conveniences noted include no HOA restrictions.
Key Highlights
- 1996‑built tri‑level home with 2 bedrooms and 2 bathrooms plus a family room
- Kitchen features granite counters, a kitchen island, open floorplan, and all appliances included
- Forced‑air heating with gas water heater, gas range, and gas cooktop
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.5k | $17.04 |
| − Vacancy | −$1.7k | −$0.95 |
| EGI | $28.8k | $16.09 |
| − OpEx | −$12.9k | −$7.24 |
| NOI | $15.8k | $8.85 |
1,788 SF · lease $17.04/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$226.0K
$197.7K – $263.7K
NOI $15,819 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$499.1K
$436.8K – $582.3K
NOI $34,940 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Tri-level 2-bed, 2-bath home on a triangular lot with 2.5-car garage, appliances included, and no HOA.
Where is this single family property located?
The property is located at 5033 W 92nd Avenue Crown Point, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1996‑built tri‑level home with 2 bedrooms and 2 bathrooms plus a family room; Kitchen features granite counters, a kitchen island, open floorplan, and all appliances included; Forced‑air heating with gas water heater, gas range, and gas cooktop
