Taxes
- Assessed Value: $77,200
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-34-477-003.000-004
- Assessed Land Value: 3700
- Market Land Value: 3700
- Tax Amount: 582.08
- Tax Year: 2024
- Market Value: 77200
- Market Year: 2025
1316 E 51st Ave; Gary, IN Property Details
Off market
1316 E 51st Ave Gary, IN 46409
$77,200 Estimated Value
2 Beds
1 Baths
1,850 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1961
- Purchase Price: $84,800
- Open Loans / Balance: 1 / $39,119
- Est. Equity / %: $112,881 / 74.26%
- Gross Yield: 7.808%
- APN: 45-08-34-477-003.000-004
- Situs County: Lake
- Length Of Ownership: 19 years, 6 months
Rooms
- Bedrooms: 2
- 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: 1,850/SqFt
- Lot: 6,490/SqFt
- Gross: 2,775/SqFt
- Garage: 925/SqFt
- Living: 1,850/SqFt
- Basement: 925/SqFt
- Building: 2,775/SqFt
- Ground: 925/SqFt
- Price Per Square Foot: $45.84
Legal Description
- Description: HILL TERRACE W.30FT L.22 BL.7 E.20FT. L.23 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: 41.525578 / -87.31978
- 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
1316 E 51st Ave has no associated ownership info
1316 E 51st Ave has no associated ownership info.
Taxes
1316 E 51st Ave has 10 associated Taxes items
1316 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 $77,200. The APN we've located for 1316 E 51st Ave is 45-08-34-477-003.000-004.
Unlock the full reportTax History
1316 E 51st Ave has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $77,200 | Land Value $3,700 | Improvement Value $73,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $61,900 | Land Value $3,700 | Improvement Value $58,200 | Tax Amount $582.08 | Change Rate -0.844296% | Assessed CR | Tax Rate +0.009404% |
| Year 2023 | Assessed Value $42,400 | Land Value $7,900 | Improvement Value $34,500 | Tax Amount $3,738.37 | Change Rate +7.1892% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $456.5 | Change Rate -0.022065% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $42,200 | Land Value $7,700 | Improvement Value $34,500 | Tax Amount $466.8 | Change Rate -0.33544% | Assessed CR | Tax Rate +0.011062% |
| Year 2020 | Assessed Value $42,200 | Land Value $7,700 | Improvement Value $34,500 | Tax Amount $702.42 | Change Rate +0.332865% | Assessed CR | Tax Rate +0.016645% |
| Year 2019 | Assessed Value $42,200 | Land Value $7,700 | Improvement Value $34,500 | Tax Amount $527 | Change Rate -0.018073% | Assessed CR | Tax Rate +0.012488% |
| Year 2018 | Assessed Value $42,200 | Land Value $7,700 | Improvement Value $34,500 | Tax Amount $536.7 | Change Rate +0.22244% | Assessed CR | Tax Rate +0.012718% |
| Year 2017 | Assessed Value $42,600 | Land Value $7,700 | Improvement Value $34,900 | Tax Amount $439.04 | Change Rate -0.091014% | Assessed CR | Tax Rate +0.010306% |
| Year 2016 | Assessed Value $44,200 | Land Value $7,700 | Improvement Value $36,500 | Tax Amount $483 | Change Rate | Assessed CR | Tax Rate +0.010928% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $483 | Change Rate -0.008783% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $47,100 | Land Value $8,200 | Improvement Value $38,900 | Tax Amount $487.28 | Change Rate | Assessed CR | Tax Rate +0.010346% |
| Year 2013 | Assessed Value $46,700 | Land Value $8,200 | Improvement Value $38,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $473.18 | Change Rate | Assessed CR | Tax Rate |