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1425 E 7th Ave; Gary, IN Property Details

1425 E 7th Ave, Gary, IN is a Single Family that was built in 1947. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1425 E 7th Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,584 square feet. The lot size of 1425 E 7th Ave is 5,271 square feet.

Off market
1425 E 7th Ave Gary, IN 46402
$53,000 Estimated Value
2 Beds
2 Baths
1,584 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Purchase Price: $72,500
  • Est. Equity / %: $79,000 / 100%
  • Gross Yield: 10.709%
  • APN: 45-08-03-478-016.000-004
  • Situs County: Lake
  • Length Of Ownership: 19 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 3

Structure

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

Measurements

  • Total: 1,584/SqFt
  • Lot: 5,271/SqFt
  • Gross: 2,376/SqFt
  • Garage: 1,584/SqFt
  • Living: 1,584/SqFt
  • Basement: 792/SqFt
  • Building: 2,376/SqFt
  • Ground: 1,584/SqFt
  • Price Per Square Foot: $45.77

Legal Description

  • Description: RESUB. GARY LAND COS. 13TH SUB. ALL L.2 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: 41.59832 / -87.318855
  • 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: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1425 E 7th Ave has no associated ownership info
1425 E 7th Ave has no associated ownership info.

Taxes

1425 E 7th Ave has 10 associated Taxes items

1425 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 $53,000. The APN we've located for 1425 E 7th Ave is 45-08-03-478-016.000-004.

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Taxes
  • Assessed Value:  $53,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-03-478-016.000-004
  • Assessed Land Value:  6100
  • Market Land Value:  6100
  • Tax Amount:  570.82
  • Tax Year:  2024
  • Market Value:  53000
  • Market Year:  2025

Tax History

1425 E 7th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,000 Land Value $6,100 Improvement Value $46,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $47,400 Land Value $6,100 Improvement Value $41,300 Tax Amount $570.82 Change Rate -0.857397% Assessed CR Tax Rate +0.012043%
Year 2023 Assessed Value $45,400 Land Value $5,500 Improvement Value $39,900 Tax Amount $4,002.87 Change Rate +7.028863% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $498.56 Change Rate +0.071435% Assessed CR Tax Rate
Year 2021 Assessed Value $40,600 Land Value $5,200 Improvement Value $35,400 Tax Amount $465.32 Change Rate -0.471047% Assessed CR Tax Rate +0.011461%
Year 2020 Assessed Value $38,400 Land Value $5,200 Improvement Value $33,200 Tax Amount $879.7 Change Rate +0.593659% Assessed CR Tax Rate +0.022909%
Year 2019 Assessed Value $38,400 Land Value $5,200 Improvement Value $33,200 Tax Amount $552 Change Rate -0.054406% Assessed CR Tax Rate +0.014375%
Year 2018 Assessed Value $40,300 Land Value $5,400 Improvement Value $34,900 Tax Amount $583.76 Change Rate +0.220489% Assessed CR Tax Rate +0.014485%
Year 2017 Assessed Value $45,900 Land Value $5,400 Improvement Value $40,500 Tax Amount $478.3 Change Rate -0.054332% Assessed CR Tax Rate +0.01042%
Year 2016 Assessed Value $47,800 Land Value $5,400 Improvement Value $42,400 Tax Amount $505.78 Change Rate Assessed CR Tax Rate +0.010581%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $505.78 Change Rate -0.297001% Assessed CR Tax Rate
Year 2014 Assessed Value $66,100 Land Value $6,600 Improvement Value $59,500 Tax Amount $719.46 Change Rate Assessed CR Tax Rate +0.010884%
Year 2013 Assessed Value $67,900 Land Value $6,600 Improvement Value $61,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $722.62 Change Rate Assessed CR Tax Rate