Just yesterday, NASA announced that the CHANDRA X-Ray telescope has located a black hole that is nearby (a mere 50 million light years).
The great thing about this is that the black hole was observed being "born" just 35 years ago. This provides astrophysicists with a young black hole of a known age to observe, which will lead to a better understanding of our mechanical universe.
*NOTE for theologians: Don't ask how the black hole can be 50 million light years away and only 35 year old. The answer is that the light from the black hole takes 50 million years to reach earth. So in absolute tems, the black hole is 50 million years old. But it appeared in the sky only 35 years ago. In effect there's a 50 million year transmission delay, similar to if someone sends you a photograph of your neice that was taken when she was an infant - even though she's in college now, that is how she looked back then.