Taxes
- Assessed Value: $85,900
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-03-478-002.000-004
- Assessed Land Value: 6100
- Market Land Value: 6100
- Tax Amount: 1276.64
- Tax Year: 2024
- Market Value: 85900
- Market Year: 2025
1407 E 7th Ave; Gary, IN Property Details
Off market
1407 E 7th Ave Gary, IN 46402
$50,000 Listing Price
3 Beds
2 Baths
1,650 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1942
- Purchase Price: $48,300
- Open Loans / Balance: 1 / $39,953
- Est. Equity / %: $116,047 / 74.39%
- Gross Yield: 7.715%
- APN: 45-08-03-478-002.000-004
- Situs County: Lake
- Length Of Ownership: 3 years, 1 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 6
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: 1,650/SqFt
- Lot: 5,250/SqFt
- Gross: 2,475/SqFt
- Garage: 875/SqFt
- Living: 1,650/SqFt
- Basement: 825/SqFt
- Building: 2,475/SqFt
- Ground: 1,650/SqFt
- Price Per Square Foot: $29.27
Legal Description
- Description: RESUB. GARY LAND COS 13TH SUB. L.5 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: 41.59825 / -87.31939
- Subdivision: Gary Land Cos 13th Sub
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1507
- Bathroom Fixtures: 8
- Cooling: None
- Garage: Detached Garage
- Heating: Central
- Parking: 3
Ownership Info
1407 E 7th Ave has no associated ownership info
1407 E 7th Ave has no associated ownership info.
Taxes
1407 E 7th Ave has 10 associated Taxes items
1407 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 $85,900. The APN we've located for 1407 E 7th Ave is 45-08-03-478-002.000-004.
Unlock the full reportTax History
1407 E 7th 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 $85,900 | Land Value $6,100 | Improvement Value $79,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $75,900 | Land Value $6,100 | Improvement Value $69,800 | Tax Amount $1,276.64 | Change Rate -0.691926% | Assessed CR | Tax Rate +0.01682% |
| Year 2023 | Assessed Value $47,000 | Land Value $5,500 | Improvement Value $41,500 | Tax Amount $4,143.94 | Change Rate +2.508602% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value $46,100 | Land Value $5,200 | Improvement Value $40,900 | Tax Amount $1,181.08 | Change Rate +0.084714% | Assessed CR | Tax Rate +0.02562% |
| Year 2021 | Assessed Value $42,500 | Land Value $5,200 | Improvement Value $37,300 | Tax Amount $1,088.84 | Change Rate -0.693357% | Assessed CR | Tax Rate +0.02562% |
| Year 2020 | Assessed Value $40,300 | Land Value $5,200 | Improvement Value $35,100 | Tax Amount $3,550.84 | Change Rate +2.949766% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $40,300 | Land Value $5,200 | Improvement Value $35,100 | Tax Amount $899 | Change Rate -0.061097% | Assessed CR | Tax Rate +0.022308% |
| Year 2018 | Assessed Value $42,300 | Land Value $5,400 | Improvement Value $36,900 | Tax Amount $957.5 | Change Rate +0.032456% | Assessed CR | Tax Rate +0.022636% |
| Year 2017 | Assessed Value $42,900 | Land Value $5,400 | Improvement Value $37,500 | Tax Amount $927.4 | Change Rate -0.053751% | Assessed CR | Tax Rate +0.021618% |
| Year 2016 | Assessed Value $44,600 | Land Value $5,400 | Improvement Value $39,200 | Tax Amount $980.08 | Change Rate | Assessed CR | Tax Rate +0.021975% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $980.08 | Change Rate -0.343594% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $63,800 | Land Value $6,600 | Improvement Value $57,200 | Tax Amount $1,493.1 | Change Rate | Assessed CR | Tax Rate +0.023403% |
| Year 2013 | Assessed Value $65,700 | Land Value $6,600 | Improvement Value $59,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,476.3 | Change Rate | Assessed CR | Tax Rate |