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1041 W 25th Ave; Gary, IN Property Details

1041 W 25th Ave, Gary, IN is a Single Family that was built in 1952. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1041 W 25th Ave has 2 bedrooms, and 1 bathroom, and a total of 1,464 square feet. The lot size of 1041 W 25th Ave is 3,485 square feet.

Off market  •   Pre Probate ✓
1041 W 25th Ave Gary, IN 46407
$39,000 Estimated Value
2 Beds
1 Baths
1,464 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Purchase Price: $11,500
  • Est. Equity / %: $106,000 / 100%
  • Gross Yield: 10.868%
  • APN: 45-08-16-327-007.000-004
  • Situs County: Lake
  • Length Of Ownership: 6 years, 5 months

Rooms

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

Structure

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

Measurements

  • Total: 1,464/SqFt
  • Lot: 3,485/SqFt
  • Gross: 2,196/SqFt
  • Garage: 330/SqFt
  • Living: 1,464/SqFt
  • Basement: 732/SqFt
  • Building: 2,196/SqFt
  • Ground: 732/SqFt
  • Price Per Square Foot: $7.86

Legal Description

  • Description: LINCOLN PARK ADD. L.3 BL.6 E. 1/3 L.4 BL.6
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: 41.573036 / -87.34979
  • Subdivision: Lincoln Park Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3452
  • Bathroom Fixtures: 5
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

1041 W 25th Ave has no associated ownership info
1041 W 25th Ave has no associated ownership info.

Taxes

1041 W 25th Ave has 10 associated Taxes items

1041 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 $39,000. The APN we've located for 1041 W 25th Ave is 45-08-16-327-007.000-004.

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Taxes
  • Assessed Value:  $39,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-16-327-007.000-004
  • Assessed Land Value:  4600
  • Market Land Value:  4600
  • Tax Amount:  936.64
  • Tax Year:  2024
  • Market Value:  39000
  • Market Year:  2025

Tax History

1041 W 25th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,000 Land Value $4,600 Improvement Value $34,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $35,100 Land Value $4,600 Improvement Value $30,500 Tax Amount $936.64 Change Rate -0.625942% Assessed CR Tax Rate +0.026685%
Year 2023 Assessed Value $28,400 Land Value $4,800 Improvement Value $23,600 Tax Amount $2,504 Change Rate +7.881322% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $281.94 Change Rate +0.069494% Assessed CR Tax Rate
Year 2021 Assessed Value $23,000 Land Value $1,800 Improvement Value $21,200 Tax Amount $263.62 Change Rate -0.864003% Assessed CR Tax Rate +0.011462%
Year 2020 Assessed Value $22,000 Land Value $1,800 Improvement Value $20,200 Tax Amount $1,938.42 Change Rate +2.35948% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $23,600 Land Value $1,800 Improvement Value $21,800 Tax Amount $577 Change Rate -0.212867% Assessed CR Tax Rate +0.024449%
Year 2018 Assessed Value $29,600 Land Value $1,800 Improvement Value $27,800 Tax Amount $733.04 Change Rate +0.130328% Assessed CR Tax Rate +0.024765%
Year 2017 Assessed Value $30,000 Land Value $1,800 Improvement Value $28,200 Tax Amount $648.52 Change Rate -0.03846% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $31,400 Land Value $1,800 Improvement Value $29,600 Tax Amount $674.46 Change Rate Assessed CR Tax Rate +0.02148%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $674.46 Change Rate -0.194982% Assessed CR Tax Rate
Year 2014 Assessed Value $35,800 Land Value $2,200 Improvement Value $33,600 Tax Amount $837.82 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $34,500 Land Value $2,200 Improvement Value $32,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $775.24 Change Rate Assessed CR Tax Rate