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1247 W 15th Ave; Gary, IN Property Details

1247 W 15th Ave, Gary, IN is a Duplex 2 Units that was built in 1940. This property is currently a cash purchase and is not for sale. Our records show that 1247 W 15th Ave has 4 bedrooms, and 2 bathrooms, and a total of 2,152 square feet. The lot size of 1247 W 15th Ave is 6,882 square feet.

Off market
1247 W 15th Ave Gary, IN 46407
$56,500 Estimated Value
4 Beds
2 Baths
2,152 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Est. Equity / %: $102,000 / 100%
  • Gross Yield: 25.188%
  • APN: 45-08-09-301-033.000-004
  • Situs County: Lake
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Fair
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,152/SqFt
  • Lot: 6,882/SqFt
  • Gross: 3,084/SqFt
  • Garage: 420/SqFt
  • Living: 2,152/SqFt
  • Basement: 932/SqFt
  • Building: 3,084/SqFt
  • Ground: 2,152/SqFt

Legal Description

  • Description: 3RD GRANT PARK ADD. LOTS 1 & 2
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gary Community School Corporation
  • Lat / Lon: 41.58762 / -87.35271
  • Subdivision: 3rd Grant Park Add
  • Property Class: Residential
  • County Use Code: 520

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1013
  • Bathroom Fixtures: 9
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1247 W 15th Ave has no associated ownership info
1247 W 15th Ave has no associated ownership info.

Taxes

1247 W 15th Ave has 10 associated Taxes items

1247 W 15th 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 $56,500. The APN we've located for 1247 W 15th Ave is 45-08-09-301-033.000-004.

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Taxes
  • Assessed Value:  $56,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-09-301-033.000-004
  • Assessed Land Value:  7500
  • Market Land Value:  7500
  • Tax Amount:  629.34
  • Tax Year:  2024
  • Market Value:  56500
  • Market Year:  2025

Tax History

1247 W 15th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $56,500 Land Value $7,500 Improvement Value $49,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $51,200 Land Value $7,500 Improvement Value $43,700 Tax Amount $629.34 Change Rate -0.858935% Assessed CR Tax Rate +0.012292%
Year 2023 Assessed Value $50,600 Land Value $8,200 Improvement Value $42,400 Tax Amount $4,461.35 Change Rate +3.364288% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,022.24 Change Rate +0.573985% Assessed CR Tax Rate
Year 2021 Assessed Value $36,900 Land Value $3,100 Improvement Value $33,800 Tax Amount $649.46 Change Rate -0.639137% Assessed CR Tax Rate +0.017601%
Year 2020 Assessed Value $35,300 Land Value $3,100 Improvement Value $32,200 Tax Amount $1,799.74 Change Rate +1.402857% Assessed CR Tax Rate +0.050984%
Year 2019 Assessed Value $38,000 Land Value $3,100 Improvement Value $34,900 Tax Amount $749 Change Rate -0.130011% Assessed CR Tax Rate +0.019711%
Year 2018 Assessed Value $47,600 Land Value $3,100 Improvement Value $44,500 Tax Amount $860.93 Change Rate +0.162225% Assessed CR Tax Rate +0.018087%
Year 2017 Assessed Value $48,200 Land Value $3,100 Improvement Value $45,100 Tax Amount $740.76 Change Rate +0.375139% Assessed CR Tax Rate +0.015368%
Year 2016 Assessed Value $50,400 Land Value $3,100 Improvement Value $47,300 Tax Amount $538.68 Change Rate Assessed CR Tax Rate +0.010688%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $538.68 Change Rate -0.155489% Assessed CR Tax Rate
Year 2014 Assessed Value $58,600 Land Value $3,800 Improvement Value $54,800 Tax Amount $637.86 Change Rate Assessed CR Tax Rate +0.010885%
Year 2013 Assessed Value $56,300 Land Value $3,800 Improvement Value $52,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $599.18 Change Rate Assessed CR Tax Rate