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1238 E 51st Ave; Gary, IN Property Details

1238 E 51st Ave, Gary, IN is a Single Family that was built in 1960. This property is currently a cash purchase and is not for sale. Our records show that 1238 E 51st Ave has 3 bedrooms, and 1 bathroom, and a total of 3,302 square feet. The lot size of 1238 E 51st Ave is 19,297 square feet.

Off market
1238 E 51st Ave Gary, IN 46409
$19,500 Listing Price
3 Beds
1 Baths
3,302 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1960
  • Purchase Price: $15,600
  • Open Loans / Balance: 1 / $7,718,178
  • Est. Equity / %: $-7,568,178 / -5,045.45%
  • Gross Yield: 12.12%
  • APN: 45-08-34-429-017.000-004
  • Situs County: Lake
  • Length Of Ownership: 3 years, 6 months

Rooms

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

Structure

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

Measurements

  • Total: 3,302/SqFt
  • Lot: 19,297/SqFt
  • Gross: 3,302/SqFt
  • Garage: 484/SqFt
  • Living: 3,302/SqFt
  • Building: 3,302/SqFt
  • Ground: 1,651/SqFt
  • Price Per Square Foot: $4.72

Legal Description

  • Description: HILL TERRACE L.8 BL.5
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: 41.525715 / -87.320724
  • Subdivision: Hill Terrace
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2920
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1238 E 51st Ave has no associated ownership info
1238 E 51st Ave has no associated ownership info.

Taxes

1238 E 51st Ave has 10 associated Taxes items

1238 E 51st 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 $114,100. The APN we've located for 1238 E 51st Ave is 45-08-34-429-017.000-004.

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Taxes
  • Assessed Value:  $114,100
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-429-017.000-004
  • Assessed Land Value:  11000
  • Market Land Value:  11000
  • Tax Amount:  1494.4
  • Tax Year:  2024
  • Market Value:  114100
  • Market Year:  2025

Tax History

1238 E 51st Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $114,100 Land Value $11,000 Improvement Value $103,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,494.4 Change Rate -0.692391% Assessed CR Tax Rate
Year 2023 Assessed Value $55,100 Land Value $15,300 Improvement Value $39,800 Tax Amount $4,858.11 Change Rate +11.700277% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $382.52 Change Rate -0.514815% Assessed CR Tax Rate
Year 2021 Assessed Value $30,500 Land Value $14,900 Improvement Value $15,600 Tax Amount $788.4 Change Rate -0.728852% Assessed CR Tax Rate +0.025849%
Year 2020 Assessed Value $33,000 Land Value $14,900 Improvement Value $18,100 Tax Amount $2,907.64 Change Rate +2.766373% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $33,000 Land Value $14,900 Improvement Value $18,100 Tax Amount $772 Change Rate +0.677896% Assessed CR Tax Rate +0.023394%
Year 2018 Assessed Value $33,000 Land Value $14,900 Improvement Value $18,100 Tax Amount $460.1 Change Rate +0.275222% Assessed CR Tax Rate +0.013942%
Year 2017 Assessed Value $33,200 Land Value $14,900 Improvement Value $18,300 Tax Amount $360.8 Change Rate -0.43949% Assessed CR Tax Rate +0.010867%
Year 2016 Assessed Value $35,100 Land Value $14,900 Improvement Value $20,200 Tax Amount $643.7 Change Rate Assessed CR Tax Rate +0.018339%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $643.7 Change Rate -0.046907% Assessed CR Tax Rate
Year 2014 Assessed Value $60,600 Land Value $15,900 Improvement Value $44,700 Tax Amount $675.38 Change Rate Assessed CR Tax Rate +0.011145%
Year 2013 Assessed Value $60,100 Land Value $15,900 Improvement Value $44,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $654.9 Change Rate Assessed CR Tax Rate