Large Location Icon

116 W 45th Ave; Gary, IN Property Details

116 W 45th Ave, Gary, IN is a Single Family that was built in 1922. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 116 W 45th Ave has 2 bedrooms, and 1 bathroom, and a total of 1,848 square feet. The lot size of 116 W 45th Ave is 5,619 square feet.

Off market
116 W 45th Ave Gary, IN 46408
$79,600 Estimated Value
2 Beds
1 Baths
1,848 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1922
  • Open Loans / Balance: 1 / $36,957
  • Est. Equity / %: $43,043 / 53.8%
  • Gross Yield: 16.485%
  • APN: 45-08-28-482-020.000-004
  • Situs County: Lake
  • Length Of Ownership: 16 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,848/SqFt
  • Lot: 5,619/SqFt
  • Gross: 2,772/SqFt
  • Garage: 440/SqFt
  • Living: 1,848/SqFt
  • Basement: 924/SqFt
  • Building: 2,772/SqFt
  • Ground: 924/SqFt

Legal Description

  • Description: KELLEY SEMMES BLVD. HGHTS. ADD. ALL L.20 BL.7 W2. L.21 BL.7
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: 41.53699 / -87.33802
  • Subdivision: Kelley Semmes Blvd. Hghts. Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3946
  • Bathroom Fixtures: 5
  • Cooling: None
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

116 W 45th Ave has no associated ownership info
116 W 45th Ave has no associated ownership info.

Taxes

116 W 45th Ave has 10 associated Taxes items

116 W 45th 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 $79,600. The APN we've located for 116 W 45th Ave is 45-08-28-482-020.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $79,600
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-28-482-020.000-004
  • Assessed Land Value:  10800
  • Market Land Value:  10800
  • Tax Amount:  1269.98
  • Tax Year:  2024
  • Market Value:  79600
  • Market Year:  2025

Tax History

116 W 45th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $79,600 Land Value $10,800 Improvement Value $68,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $49,400 Land Value $10,100 Improvement Value $39,300 Tax Amount $1,269.98 Change Rate -0.688227% Assessed CR Tax Rate +0.025708%
Year 2023 Assessed Value $46,200 Land Value $10,100 Improvement Value $36,100 Tax Amount $4,073.41 Change Rate +2.974834% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,024.8 Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $40,000 Land Value $8,300 Improvement Value $31,700 Tax Amount $1,024.8 Change Rate -0.709227% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $40,000 Land Value $8,300 Improvement Value $31,700 Tax Amount $3,524.4 Change Rate +2.894365% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $40,000 Land Value $8,300 Improvement Value $31,700 Tax Amount $905 Change Rate -0.051064% Assessed CR Tax Rate +0.022625%
Year 2018 Assessed Value $40,000 Land Value $8,300 Improvement Value $31,700 Tax Amount $953.7 Change Rate +0.102926% Assessed CR Tax Rate +0.023843%
Year 2017 Assessed Value $40,000 Land Value $8,300 Improvement Value $31,700 Tax Amount $864.7 Change Rate -0.123396% Assessed CR Tax Rate +0.021618%
Year 2016 Assessed Value $46,800 Land Value $8,300 Improvement Value $38,500 Tax Amount $986.42 Change Rate Assessed CR Tax Rate +0.021077%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $986.42 Change Rate -0.099374% Assessed CR Tax Rate
Year 2014 Assessed Value $46,800 Land Value $8,300 Improvement Value $38,500 Tax Amount $1,095.26 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $60,400 Land Value $8,300 Improvement Value $52,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,357.2 Change Rate Assessed CR Tax Rate