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1331 E 7th Ave; Gary, IN Property Details

1331 E 7th Ave, Gary, IN is a Single Family that was built in 1941. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 1331 E 7th Ave has 4 bedrooms, and 1.5 bathrooms, and a total of 1,950 square feet. The lot size of 1331 E 7th Ave is 5,271 square feet.

Off market
1331 E 7th Ave Gary, IN 46402
$50,900 Estimated Value
4 Beds
1.5 Baths
1,950 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1941
  • Purchase Price: $500
  • Est. Equity / %: $134,000 / 100%
  • Gross Yield: 19.084%
  • APN: 45-08-03-477-019.000-004
  • Situs County: Lake
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,950/SqFt
  • Lot: 5,271/SqFt
  • Gross: 2,925/SqFt
  • Garage: 360/SqFt
  • Living: 1,950/SqFt
  • Basement: 975/SqFt
  • Building: 2,925/SqFt
  • Ground: 975/SqFt
  • Price Per Square Foot: $0.26

Legal Description

  • Description: RESUB. GARY LAND COS. 13TH SUB. ALL L.1 BL.6
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: 41.598305 / -87.319916
  • Subdivision: Gary Land Cos. 13th Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1506
  • Bathroom Fixtures: 7
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1331 E 7th Ave has no associated ownership info
1331 E 7th Ave has no associated ownership info.

Taxes

1331 E 7th Ave has 10 associated Taxes items

1331 E 7th 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 $50,900. The APN we've located for 1331 E 7th Ave is 45-08-03-477-019.000-004.

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Taxes
  • Assessed Value:  $50,900
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-03-477-019.000-004
  • Assessed Land Value:  6100
  • Market Land Value:  6100
  • Tax Amount:  1154.38
  • Tax Year:  2024
  • Market Value:  50900
  • Market Year:  2025

Tax History

1331 E 7th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,900 Land Value $6,100 Improvement Value $44,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $45,000 Land Value $6,100 Improvement Value $38,900 Tax Amount $1,154.38 Change Rate -0.698322% Assessed CR Tax Rate +0.025653%
Year 2023 Assessed Value $43,400 Land Value $5,500 Improvement Value $37,900 Tax Amount $3,826.53 Change Rate +2.630622% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,053.96 Change Rate +0.078639% Assessed CR Tax Rate
Year 2021 Assessed Value $38,100 Land Value $5,200 Improvement Value $32,900 Tax Amount $977.12 Change Rate -0.692805% Assessed CR Tax Rate +0.025646%
Year 2020 Assessed Value $36,100 Land Value $5,200 Improvement Value $30,900 Tax Amount $3,180.78 Change Rate +3.062403% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $36,100 Land Value $5,200 Improvement Value $30,900 Tax Amount $782.98 Change Rate -0.122476% Assessed CR Tax Rate +0.021689%
Year 2018 Assessed Value $38,800 Land Value $5,400 Improvement Value $33,400 Tax Amount $892.26 Change Rate +0.044507% Assessed CR Tax Rate +0.022996%
Year 2017 Assessed Value $39,100 Land Value $5,400 Improvement Value $33,700 Tax Amount $854.24 Change Rate -0.04699% Assessed CR Tax Rate +0.021848%
Year 2016 Assessed Value $40,600 Land Value $5,400 Improvement Value $35,200 Tax Amount $896.36 Change Rate Assessed CR Tax Rate +0.022078%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $896.36 Change Rate -0.326865% Assessed CR Tax Rate
Year 2014 Assessed Value $56,900 Land Value $6,600 Improvement Value $50,300 Tax Amount $1,331.62 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $58,500 Land Value $6,600 Improvement Value $51,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $615.16 Change Rate Assessed CR Tax Rate