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1116 E 51st Pl; Gary, IN Property Details

1116 E 51st Pl, Gary, IN is a Single Family that was built in 1971. This property is currently Financed and is not for sale. Our records show that 1116 E 51st Pl has 3 bedrooms, and 1.5 bathrooms, and a total of 1,888 square feet. The lot size of 1116 E 51st Pl is 6,839 square feet.

Off market
1116 E 51st Pl Gary, IN 46409
$107,400 Estimated Value
3 Beds
1.5 Baths
1,888 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1971
  • Purchase Price: $62,500
  • Est. Equity / %: $180,000 / 100%
  • Gross Yield: 8.887%
  • APN: 45-08-34-451-043.000-004
  • Situs County: Lake
  • Length Of Ownership: 18 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Fair
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,888/SqFt
  • Lot: 6,839/SqFt
  • Gross: 1,888/SqFt
  • Garage: 528/SqFt
  • Living: 1,888/SqFt
  • Building: 1,888/SqFt
  • Ground: 1,888/SqFt
  • Price Per Square Foot: $33.10

Legal Description

  • Description: GERRIT ADDITION ALL L.51
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: 41.524685 / -87.32225
  • Subdivision: Gerrit Addition
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2931
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1116 E 51st Pl has no associated ownership info
1116 E 51st Pl has no associated ownership info.

Taxes

1116 E 51st Pl has 10 associated Taxes items

1116 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 $107,400. The APN we've located for 1116 E 51st Pl is 45-08-34-451-043.000-004.

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Taxes
  • Assessed Value:  $107,400
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-451-043.000-004
  • Assessed Land Value:  3900
  • Market Land Value:  3900
  • Tax Amount:  1991.16
  • Tax Year:  2024
  • Market Value:  107400
  • Market Year:  2025

Tax History

1116 E 51st Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $107,400 Land Value $3,900 Improvement Value $103,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $85,900 Land Value $3,900 Improvement Value $82,000 Tax Amount $1,991.16 Change Rate -0.698082% Assessed CR Tax Rate +0.02318%
Year 2023 Assessed Value $74,800 Land Value $9,200 Improvement Value $65,600 Tax Amount $6,595.04 Change Rate +2.521449% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,872.82 Change Rate +0.009672% Assessed CR Tax Rate
Year 2021 Assessed Value $72,400 Land Value $9,000 Improvement Value $63,400 Tax Amount $1,854.88 Change Rate -0.709228% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $72,400 Land Value $9,000 Improvement Value $63,400 Tax Amount $6,379.16 Change Rate +3.107637% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $72,400 Land Value $9,000 Improvement Value $63,400 Tax Amount $1,553 Change Rate -0.115926% Assessed CR Tax Rate +0.02145%
Year 2018 Assessed Value $72,400 Land Value $9,000 Improvement Value $63,400 Tax Amount $1,756.64 Change Rate +0.026015% Assessed CR Tax Rate +0.024263%
Year 2017 Assessed Value $79,200 Land Value $9,000 Improvement Value $70,200 Tax Amount $1,712.1 Change Rate -0.138609% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $87,700 Land Value $9,000 Improvement Value $78,700 Tax Amount $1,987.6 Change Rate Assessed CR Tax Rate +0.022664%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,987.6 Change Rate -0.098406% Assessed CR Tax Rate
Year 2014 Assessed Value $94,200 Land Value $9,600 Improvement Value $84,600 Tax Amount $2,204.54 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $93,200 Land Value $9,500 Improvement Value $83,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $2,094.24 Change Rate Assessed CR Tax Rate