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1123 E 51st Pl; Gary, IN Property Details

1123 E 51st Pl, Gary, IN is a Single Family that was built in 1972. This property is currently Financed and is not for sale. Our records show that 1123 E 51st Pl has 4 bedrooms, and 1 bathroom, and a total of 2,040 square feet. The lot size of 1123 E 51st Pl is 6,795 square feet.

Off market
1123 E 51st Pl Gary, IN 46409
$122,500 Estimated Value
4 Beds
1 Baths
2,040 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1972
  • Purchase Price: $4,269,400
  • Open Loans: 1
  • Gross Yield: 8.707%
  • APN: 45-08-34-452-019.000-004
  • Situs County: Lake
  • Length Of Ownership: 2 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 2,040/SqFt
  • Lot: 6,795/SqFt
  • Gross: 2,040/SqFt
  • Garage: 440/SqFt
  • Living: 2,040/SqFt
  • Building: 2,040/SqFt
  • Ground: 2,040/SqFt
  • Price Per Square Foot: $2092.84

Legal Description

  • Description: GERRIT ADDITION ALL L.4
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: 41.52424 / -87.32238
  • Subdivision: Gerrit Addition
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2930
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1123 E 51st Pl has no associated ownership info
1123 E 51st Pl has no associated ownership info.

Taxes

1123 E 51st Pl has 10 associated Taxes items

1123 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 $122,500. The APN we've located for 1123 E 51st Pl is 45-08-34-452-019.000-004.

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Taxes
  • Assessed Value:  $122,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-452-019.000-004
  • Assessed Land Value:  3900
  • Market Land Value:  3900
  • Tax Amount:  1065.72
  • Tax Year:  2024
  • Market Value:  122500
  • Market Year:  2025

Tax History

1123 E 51st Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $122,500 Land Value $3,900 Improvement Value $118,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,065.72 Change Rate -0.852774% Assessed CR Tax Rate
Year 2023 Assessed Value $82,100 Land Value $8,400 Improvement Value $73,700 Tax Amount $7,238.67 Change Rate +6.217451% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $85,500 Land Value $8,200 Improvement Value $77,300 Tax Amount $1,002.94 Change Rate +0.100342% Assessed CR Tax Rate +0.01173%
Year 2021 Assessed Value $78,800 Land Value $8,200 Improvement Value $70,600 Tax Amount $911.48 Change Rate -0.595038% Assessed CR Tax Rate +0.011567%
Year 2020 Assessed Value $84,300 Land Value $8,200 Improvement Value $76,100 Tax Amount $2,250.78 Change Rate +1.294373% Assessed CR Tax Rate +0.0267%
Year 2019 Assessed Value $84,300 Land Value $8,200 Improvement Value $76,100 Tax Amount $981 Change Rate -0.032859% Assessed CR Tax Rate +0.011637%
Year 2018 Assessed Value $84,300 Land Value $8,200 Improvement Value $76,100 Tax Amount $1,014.33 Change Rate +0.055978% Assessed CR Tax Rate +0.012032%
Year 2017 Assessed Value $91,200 Land Value $8,200 Improvement Value $83,000 Tax Amount $960.56 Change Rate -0.089154% Assessed CR Tax Rate +0.010532%
Year 2016 Assessed Value $95,100 Land Value $8,200 Improvement Value $86,900 Tax Amount $1,054.58 Change Rate Assessed CR Tax Rate +0.011089%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,054.58 Change Rate -0.074897% Assessed CR Tax Rate
Year 2014 Assessed Value $101,500 Land Value $8,700 Improvement Value $92,800 Tax Amount $1,139.96 Change Rate Assessed CR Tax Rate +0.011231%
Year 2013 Assessed Value $100,400 Land Value $8,700 Improvement Value $91,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,092.96 Change Rate Assessed CR Tax Rate