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1005 W 25th Ave; Gary, IN Property Details

1005 W 25th Ave, Gary, IN is a Single Family that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 1005 W 25th Ave has 2 bedrooms, and 1 bathroom, and a total of 1,702 square feet. The lot size of 1005 W 25th Ave is 2,962 square feet.

Off market
1005 W 25th Ave Gary, IN 46407
$50,000 Estimated Value
2 Beds
1 Baths
1,702 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1925
  • Purchase Price: $1,300
  • Est. Equity / %: $98,000 / 100%
  • Gross Yield: 15.11%
  • APN: 45-08-16-328-005.000-004
  • Situs County: Lake
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,702/SqFt
  • Lot: 2,962/SqFt
  • Gross: 2,553/SqFt
  • Garage: 851/SqFt
  • Living: 1,702/SqFt
  • Basement: 851/SqFt
  • Building: 2,553/SqFt
  • Ground: 851/SqFt
  • Price Per Square Foot: $0.76

Legal Description

  • Description: GARFIELD PARK W. 4 FT. L.1 BL.1 ALL L.2 BL.1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gary Community School Corporation
  • Lat / Lon: 41.573032 / -87.3488
  • Subdivision: Garfield Park
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3427
  • Bathroom Fixtures: 5
  • Cooling: None
  • Heating: Central

Ownership Info

1005 W 25th Ave has no associated ownership info
1005 W 25th Ave has no associated ownership info.

Taxes

1005 W 25th Ave has 10 associated Taxes items

1005 W 25th Ave, Gary, IN pays taxes in Lake County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $50,000. The APN we've located for 1005 W 25th Ave is 45-08-16-328-005.000-004.

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Taxes
  • Assessed Value:  $50,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-16-328-005.000-004
  • Assessed Land Value:  3900
  • Market Land Value:  3900
  • Tax Amount:  816.08
  • Tax Year:  2024
  • Market Value:  50000
  • Market Year:  2025

Tax History

1005 W 25th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,000 Land Value $3,900 Improvement Value $46,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $45,300 Land Value $3,900 Improvement Value $41,400 Tax Amount $816.08 Change Rate -0.671779% Assessed CR Tax Rate +0.018015%
Year 2023 Assessed Value $28,200 Land Value $4,200 Improvement Value $24,000 Tax Amount $2,486.37 Change Rate +3.23789% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $586.7 Change Rate +0.0802% Assessed CR Tax Rate
Year 2021 Assessed Value $21,200 Land Value $1,600 Improvement Value $19,600 Tax Amount $543.14 Change Rate -0.696339% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $20,300 Land Value $1,600 Improvement Value $18,700 Tax Amount $1,788.64 Change Rate +4.291834% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $22,300 Land Value $1,600 Improvement Value $20,700 Tax Amount $338 Change Rate -0.773413% Assessed CR Tax Rate +0.015157%
Year 2018 Assessed Value $28,600 Land Value $1,600 Improvement Value $27,000 Tax Amount $1,491.7 Change Rate +3.736157% Assessed CR Tax Rate +0.052157%
Year 2017 Assessed Value $28,800 Land Value $1,600 Improvement Value $27,200 Tax Amount $314.96 Change Rate -0.381291% Assessed CR Tax Rate +0.010936%
Year 2016 Assessed Value $30,200 Land Value $1,600 Improvement Value $28,600 Tax Amount $509.06 Change Rate Assessed CR Tax Rate +0.016856%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $509.06 Change Rate -0.158272% Assessed CR Tax Rate
Year 2014 Assessed Value $53,700 Land Value $1,900 Improvement Value $51,800 Tax Amount $604.78 Change Rate Assessed CR Tax Rate +0.011262%
Year 2013 Assessed Value $51,700 Land Value $1,900 Improvement Value $49,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $569.86 Change Rate Assessed CR Tax Rate