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1220 E 51st Pl; Gary, IN Property Details

1220 E 51st Pl, Gary, IN is a Single Family that was built in 1972. This property is currently a cash purchase and is not for sale. Our records show that 1220 E 51st Pl has 2 bedrooms, and 1 bathroom, and a total of 2,090 square feet. The lot size of 1220 E 51st Pl is 7,492 square feet.

Off market
1220 E 51st Pl Gary, IN 46409
$49,900 Listing Price
2 Beds
1 Baths
2,090 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1972
  • Open Loans / Balance: 1 / $30,841
  • Est. Equity / %: $139,159 / 81.86%
  • Gross Yield: 10.334%
  • APN: 45-08-34-476-010.000-004
  • Situs County: Lake
  • Length Of Ownership: 5 years, 5 months

Rooms

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

Structure

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

Measurements

  • Total: 2,090/SqFt
  • Lot: 7,492/SqFt
  • Gross: 2,090/SqFt
  • Living: 2,090/SqFt
  • Building: 2,090/SqFt
  • Ground: 2,090/SqFt

Legal Description

  • Description: HILL TERRACE L.7 BL.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: 41.524696 / -87.32084
  • Subdivision: Hill Terrace
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2933
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Central

Ownership Info

1220 E 51st Pl has no associated ownership info
1220 E 51st Pl has no associated ownership info.

Taxes

1220 E 51st Pl has 10 associated Taxes items

1220 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 $112,500. The APN we've located for 1220 E 51st Pl is 45-08-34-476-010.000-004.

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Taxes
  • Assessed Value:  $112,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-476-010.000-004
  • Assessed Land Value:  4300
  • Market Land Value:  4300
  • Tax Amount:  803.74
  • Tax Year:  2024
  • Market Value:  112500
  • Market Year:  2025

Tax History

1220 E 51st Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $112,500 Land Value $4,300 Improvement Value $108,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $89,700 Land Value $4,300 Improvement Value $85,400 Tax Amount $803.74 Change Rate -0.853206% Assessed CR Tax Rate +0.00896%
Year 2023 Assessed Value $62,100 Land Value $9,400 Improvement Value $52,700 Tax Amount $5,475.29 Change Rate +6.059061% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $775.64 Change Rate +0.083417% Assessed CR Tax Rate
Year 2021 Assessed Value $61,200 Land Value $9,200 Improvement Value $52,000 Tax Amount $715.92 Change Rate -0.867234% Assessed CR Tax Rate +0.011698%
Year 2020 Assessed Value $61,200 Land Value $9,200 Improvement Value $52,000 Tax Amount $5,392.34 Change Rate +3.039145% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $61,200 Land Value $9,200 Improvement Value $52,000 Tax Amount $1,335.02 Change Rate -0.054933% Assessed CR Tax Rate +0.021814%
Year 2018 Assessed Value $61,300 Land Value $9,200 Improvement Value $52,100 Tax Amount $1,412.62 Change Rate +0.980179% Assessed CR Tax Rate +0.023044%
Year 2017 Assessed Value $67,500 Land Value $9,200 Improvement Value $58,300 Tax Amount $713.38 Change Rate -0.302468% Assessed CR Tax Rate +0.010569%
Year 2016 Assessed Value $91,000 Land Value $9,200 Improvement Value $81,800 Tax Amount $1,022.72 Change Rate Assessed CR Tax Rate +0.011239%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,022.72 Change Rate -0.066367% Assessed CR Tax Rate
Year 2014 Assessed Value $97,300 Land Value $9,800 Improvement Value $87,500 Tax Amount $1,095.42 Change Rate Assessed CR Tax Rate +0.011258%
Year 2013 Assessed Value $96,400 Land Value $9,800 Improvement Value $86,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,055.82 Change Rate Assessed CR Tax Rate