Large Location Icon

1308 E 51st Ave; Gary, IN Property Details

1308 E 51st Ave, Gary, IN is a Single Family that was built in 1961. This property is currently a cash purchase and is not for sale. Our records show that 1308 E 51st Ave has 3 bedrooms, and 1 bathroom, and a total of 2,050 square feet. The lot size of 1308 E 51st Ave is 6,621 square feet.

Off market
1308 E 51st Ave Gary, IN 46409
$55,200 Estimated Value
3 Beds
1 Baths
2,050 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1961
  • Est. Equity / %: $119,000 / 100%
  • Gross Yield: 7.392%
  • APN: 45-08-34-477-002.000-004
  • Situs County: Lake
  • Length Of Ownership: 11 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 2,050/SqFt
  • Lot: 6,621/SqFt
  • Gross: 2,050/SqFt
  • Garage: 1,025/SqFt
  • Living: 2,050/SqFt
  • Building: 2,050/SqFt
  • Ground: 1,025/SqFt

Legal Description

  • Description: HILL TERRACE W.40FT. L.23 BL.7 E.11FT. L.24 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: 41.525608 / -87.319984
  • Subdivision: Hill Terrace
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2923
  • Bathroom Fixtures: 5
  • Cooling: None
  • Heating: Central

Ownership Info

1308 E 51st Ave has no associated ownership info
1308 E 51st Ave has no associated ownership info.

Taxes

1308 E 51st Ave has 10 associated Taxes items

1308 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 $55,200. The APN we've located for 1308 E 51st Ave is 45-08-34-477-002.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $55,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-477-002.000-004
  • Assessed Land Value:  3800
  • Market Land Value:  3800
  • Tax Amount:  967.38
  • Tax Year:  2024
  • Market Value:  55200
  • Market Year:  2025

Tax History

1308 E 51st Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $55,200 Land Value $3,800 Improvement Value $51,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $44,500 Land Value $3,800 Improvement Value $40,700 Tax Amount $967.38 Change Rate -0.679185% Assessed CR Tax Rate +0.021739%
Year 2023 Assessed Value $34,200 Land Value $8,100 Improvement Value $26,100 Tax Amount $3,015.38 Change Rate +2.534449% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $853.14 Change Rate -0.023465% Assessed CR Tax Rate
Year 2021 Assessed Value $34,100 Land Value $7,900 Improvement Value $26,200 Tax Amount $873.64 Change Rate -0.709229% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $34,100 Land Value $7,900 Improvement Value $26,200 Tax Amount $3,004.56 Change Rate +2.817738% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $34,100 Land Value $7,900 Improvement Value $26,200 Tax Amount $787 Change Rate -0.050113% Assessed CR Tax Rate +0.023079%
Year 2018 Assessed Value $34,100 Land Value $7,900 Improvement Value $26,200 Tax Amount $828.52 Change Rate +0.114171% Assessed CR Tax Rate +0.024297%
Year 2017 Assessed Value $34,400 Land Value $7,900 Improvement Value $26,500 Tax Amount $743.62 Change Rate -0.113577% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $35,600 Land Value $7,900 Improvement Value $27,700 Tax Amount $838.9 Change Rate Assessed CR Tax Rate +0.023565%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $838.9 Change Rate -0.094784% Assessed CR Tax Rate
Year 2014 Assessed Value $39,600 Land Value $8,400 Improvement Value $31,200 Tax Amount $926.74 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $39,300 Land Value $8,400 Improvement Value $30,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $883.08 Change Rate Assessed CR Tax Rate