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1116 N Ripley St; Gary, IN Property Details

1116 N Ripley St, Gary, IN is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 1116 N Ripley St has 3 bedrooms, and 1 bathroom, and a total of 3,050 square feet. The lot size of 1116 N Ripley St is 15,202 square feet.

Off market
1116 N Ripley St Gary, IN 46403
$421,100 Estimated Value
3 Beds
1 Baths
3,050 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1950
  • Est. Equity / %: $450,000 / 100%
  • Gross Yield: 14.896%
  • APN: 45-05-33-102-015.000-004
  • Situs County: Lake
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 3,050/SqFt
  • Lot: 15,202/SqFt
  • Gross: 3,050/SqFt
  • Garage: 1,525/SqFt
  • Living: 3,050/SqFt
  • Building: 3,050/SqFt
  • Ground: 1,525/SqFt

Legal Description

  • Description: LAKE SIDE ADD BL.3 LOTS 13,14 & 15
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: 41.62047 / -87.24099
  • Subdivision: Lake Side Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1389
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

Ownership Info

1116 N Ripley St has no associated ownership info
1116 N Ripley St has no associated ownership info.

Taxes

1116 N Ripley St has 10 associated Taxes items

1116 N Ripley St, 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 $421,100. The APN we've located for 1116 N Ripley St is 45-05-33-102-015.000-004.

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Taxes
  • Assessed Value:  $421,100
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-33-102-015.000-004
  • Assessed Land Value:  259400
  • Market Land Value:  259400
  • Tax Amount:  4572.1
  • Tax Year:  2024
  • Market Value:  421100
  • Market Year:  2025

Tax History

1116 N Ripley St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $421,100 Land Value $259,400 Improvement Value $161,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $398,700 Land Value $259,400 Improvement Value $139,300 Tax Amount $4,572.1 Change Rate -0.884585% Assessed CR Tax Rate +0.011468%
Year 2023 Assessed Value $449,300 Land Value $354,300 Improvement Value $95,000 Tax Amount $39,614.33 Change Rate +19.632463% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $150,900 Land Value $48,300 Improvement Value $102,600 Tax Amount $1,920 Change Rate +0.080679% Assessed CR Tax Rate +0.012724%
Year 2021 Assessed Value $140,400 Land Value $47,600 Improvement Value $92,800 Tax Amount $1,776.66 Change Rate -0.665687% Assessed CR Tax Rate +0.012654%
Year 2020 Assessed Value $137,200 Land Value $47,600 Improvement Value $89,600 Tax Amount $5,314.36 Change Rate +2.867802% Assessed CR Tax Rate +0.038734%
Year 2019 Assessed Value $129,200 Land Value $45,900 Improvement Value $83,300 Tax Amount $1,374 Change Rate +0.105586% Assessed CR Tax Rate +0.010635%
Year 2018 Assessed Value $111,200 Land Value $39,500 Improvement Value $71,700 Tax Amount $1,242.78 Change Rate +0.043371% Assessed CR Tax Rate +0.011176%
Year 2017 Assessed Value $110,200 Land Value $37,000 Improvement Value $73,200 Tax Amount $1,191.12 Change Rate +0.070766% Assessed CR Tax Rate +0.010809%
Year 2016 Assessed Value $110,100 Land Value $37,000 Improvement Value $73,100 Tax Amount $1,112.4 Change Rate Assessed CR Tax Rate +0.010104%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,112.4 Change Rate -0.072242% Assessed CR Tax Rate
Year 2014 Assessed Value $104,600 Land Value $35,300 Improvement Value $69,300 Tax Amount $1,199.02 Change Rate Assessed CR Tax Rate +0.011463%
Year 2013 Assessed Value $99,200 Land Value $35,300 Improvement Value $63,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,099.92 Change Rate Assessed CR Tax Rate