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1051 W 25th Ave; Gary, IN Property Details

1051 W 25th Ave, Gary, IN is a Single Family that was built in 1952. This property is currently a cash purchase and is not for sale. Our records show that 1051 W 25th Ave has 2 bedrooms, and 1 bathroom, and a total of 1,560 square feet. The lot size of 1051 W 25th Ave is 3,485 square feet.

Off market
1051 W 25th Ave Gary, IN 46407
$54,500 Estimated Value
2 Beds
1 Baths
1,560 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1952
  • Purchase Price: $15,000
  • Est. Equity / %: $106,000 / 100%
  • Gross Yield: 15.181%
  • APN: 45-08-16-327-005.000-004
  • Situs County: Lake
  • Length Of Ownership: 1 year, 1 months

Rooms

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

Structure

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

Measurements

  • Total: 1,560/SqFt
  • Lot: 3,485/SqFt
  • Gross: 2,340/SqFt
  • Garage: 780/SqFt
  • Living: 1,560/SqFt
  • Basement: 780/SqFt
  • Building: 2,340/SqFt
  • Ground: 780/SqFt
  • Price Per Square Foot: $9.62

Legal Description

  • Description: LINCOLN PARK ADD. L.6 BL.6 W. 1/3 OF L.5 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: 41.57302 / -87.350044
  • Subdivision: Lincoln Park Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3452
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Central

Ownership Info

1051 W 25th Ave has no associated ownership info
1051 W 25th Ave has no associated ownership info.

Taxes

1051 W 25th Ave has 10 associated Taxes items

1051 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 $54,500. The APN we've located for 1051 W 25th Ave is 45-08-16-327-005.000-004.

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Taxes
  • Assessed Value:  $54,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-16-327-005.000-004
  • Assessed Land Value:  4600
  • Market Land Value:  4600
  • Tax Amount:  811.06
  • Tax Year:  2024
  • Market Value:  54500
  • Market Year:  2025

Tax History

1051 W 25th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $54,500 Land Value $4,600 Improvement Value $49,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $811.06 Change Rate -0.671467% Assessed CR Tax Rate
Year 2023 Assessed Value $28,000 Land Value $4,800 Improvement Value $23,200 Tax Amount $2,468.73 Change Rate +2.795127% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $650.5 Change Rate +0.082687% Assessed CR Tax Rate
Year 2021 Assessed Value $23,100 Land Value $1,800 Improvement Value $21,300 Tax Amount $600.82 Change Rate -0.690047% Assessed CR Tax Rate +0.02601%
Year 2020 Assessed Value $22,000 Land Value $1,800 Improvement Value $20,200 Tax Amount $1,938.42 Change Rate +2.296633% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $23,700 Land Value $1,800 Improvement Value $21,900 Tax Amount $588 Change Rate -0.307388% Assessed CR Tax Rate +0.02481%
Year 2018 Assessed Value $28,700 Land Value $1,800 Improvement Value $26,900 Tax Amount $848.96 Change Rate +0.324348% Assessed CR Tax Rate +0.02958%
Year 2017 Assessed Value $29,100 Land Value $1,800 Improvement Value $27,300 Tax Amount $641.04 Change Rate -0.039468% Assessed CR Tax Rate +0.022029%
Year 2016 Assessed Value $30,500 Land Value $1,800 Improvement Value $28,700 Tax Amount $667.38 Change Rate Assessed CR Tax Rate +0.021881%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $667.38 Change Rate -0.19732% Assessed CR Tax Rate
Year 2014 Assessed Value $34,800 Land Value $2,200 Improvement Value $32,600 Tax Amount $831.44 Change Rate Assessed CR Tax Rate +0.023892%
Year 2013 Assessed Value $33,500 Land Value $2,200 Improvement Value $31,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $768.78 Change Rate Assessed CR Tax Rate