Taxes
- Assessed Value: $133,000
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-34-451-040.000-004
- Assessed Land Value: 3500
- Market Land Value: 3500
- Tax Amount: 1271.68
- Tax Year: 2024
- Market Value: 133000
- Market Year: 2025
1040 E 51st Pl; Gary, IN Property Details
Off market
1040 E 51st Pl Gary, IN 46409
$155,000 Listing Price
4 Beds
1.5 Baths
1,888 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1971
- Purchase Price: $155,000
- Open Loans / Balance: 1 / $135,673
- Est. Equity / %: $69,327 / 33.82%
- Gross Yield: 9.272%
- APN: 45-08-34-451-040.000-004
- Situs County: Lake
- Length Of Ownership: 5 years, 2 months
Rooms
- Bedrooms: 4
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 4
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,888/SqFt
- Lot: 6,055/SqFt
- Gross: 1,888/SqFt
- Garage: 576/SqFt
- Living: 1,888/SqFt
- Building: 1,888/SqFt
- Ground: 1,888/SqFt
- Price Per Square Foot: $82.10
Legal Description
- Description: GERRIT ADDITION ALL L.48
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: 41.524693 / -87.32286
- Subdivision: Gerrit Addition
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2929
- Bathroom Fixtures: 7
- Cooling: None
- Garage: Detached Garage
- Heating: Central
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1040 E 51st Pl has no associated ownership info
1040 E 51st Pl has no associated ownership info.
Taxes
1040 E 51st Pl has 10 associated Taxes items
1040 E 51st Pl, 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 $133,000. The APN we've located for 1040 E 51st Pl is 45-08-34-451-040.000-004.
Unlock the full reportTax History
1040 E 51st Pl has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $133,000 | Land Value $3,500 | Improvement Value $129,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $106,100 | Land Value $3,500 | Improvement Value $102,600 | Tax Amount $1,271.68 | Change Rate -0.856199% | Assessed CR | Tax Rate +0.011986% |
| Year 2023 | Assessed Value $100,300 | Land Value $8,200 | Improvement Value $92,100 | Tax Amount $8,843.35 | Change Rate +6.708638% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,147.2 | Change Rate +0.247418% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $79,400 | Land Value $8,000 | Improvement Value $71,400 | Tax Amount $919.66 | Change Rate -0.877636% | Assessed CR | Tax Rate +0.011583% |
| Year 2020 | Assessed Value $85,300 | Land Value $8,000 | Improvement Value $77,300 | Tax Amount $7,515.78 | Change Rate +3.145494% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $85,400 | Land Value $8,000 | Improvement Value $77,400 | Tax Amount $1,813 | Change Rate -0.105619% | Assessed CR | Tax Rate +0.02123% |
| Year 2018 | Assessed Value $85,500 | Land Value $8,000 | Improvement Value $77,500 | Tax Amount $2,027.1 | Change Rate +0.23222% | Assessed CR | Tax Rate +0.023709% |
| Year 2017 | Assessed Value $76,100 | Land Value $8,000 | Improvement Value $68,100 | Tax Amount $1,645.08 | Change Rate -0.139476% | Assessed CR | Tax Rate +0.021617% |
| Year 2016 | Assessed Value $84,700 | Land Value $8,000 | Improvement Value $76,700 | Tax Amount $1,911.72 | Change Rate | Assessed CR | Tax Rate +0.02257% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,911.72 | Change Rate -0.10035% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $90,800 | Land Value $8,500 | Improvement Value $82,300 | Tax Amount $2,124.96 | Change Rate | Assessed CR | Tax Rate +0.023403% |
| Year 2013 | Assessed Value $89,900 | Land Value $8,500 | Improvement Value $81,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,020.08 | Change Rate | Assessed CR | Tax Rate |