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1516 W 6th Ave; Gary, IN Property Details

1516 W 6th Ave, Gary, IN is a Single Family that was built in 1926. This property is currently a cash purchase and is not for sale. Our records show that 1516 W 6th Ave has 4 bedrooms, and 2 bathrooms, and a total of 3,015 square feet. The lot size of 1516 W 6th Ave is 7,362 square feet.

Off market
1516 W 6th Ave Gary, IN 46402
$144,000 Estimated Value
4 Beds
2 Baths
3,015 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1926
  • Purchase Price: $120,000
  • Est. Equity / %: $238,000 / 100%
  • Gross Yield: 9.035%
  • APN: 45-08-04-301-016.000-004
  • Situs County: Lake
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Stone
  • Stories: 2
  • Building Condition: Fair
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,015/SqFt
  • Lot: 7,362/SqFt
  • Gross: 5,485/SqFt
  • Garage: 506/SqFt
  • Living: 3,015/SqFt
  • Basement: 1,458/SqFt
  • Building: 5,485/SqFt
  • Price Per Square Foot: $39.80

Legal Description

  • Description: RESUB. GARY LAND COS. 3RD SUB. EX. N. 50 FT. L.18 BL.10
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: 41.599697 / -87.356094
  • Subdivision: Gary Land Cos. 3rd Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1713
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

1516 W 6th Ave has no associated ownership info
1516 W 6th Ave has no associated ownership info.

Taxes

1516 W 6th Ave has 10 associated Taxes items

1516 W 6th 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 $144,000. The APN we've located for 1516 W 6th Ave is 45-08-04-301-016.000-004.

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Taxes
  • Assessed Value:  $144,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-04-301-016.000-004
  • Assessed Land Value:  8700
  • Market Land Value:  8700
  • Tax Amount:  3169.36
  • Tax Year:  2024
  • Market Value:  144000
  • Market Year:  2025

Tax History

1516 W 6th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $144,000 Land Value $8,700 Improvement Value $135,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $130,100 Land Value $8,700 Improvement Value $121,400 Tax Amount $3,169.36 Change Rate -0.705357% Assessed CR Tax Rate +0.024361%
Year 2023 Assessed Value $122,000 Land Value $9,300 Improvement Value $112,700 Tax Amount $10,756.62 Change Rate +2.375007% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $124,400 Land Value $5,900 Improvement Value $118,500 Tax Amount $3,187.14 Change Rate +0.083626% Assessed CR Tax Rate +0.02562%
Year 2021 Assessed Value $114,800 Land Value $5,900 Improvement Value $108,900 Tax Amount $2,941.18 Change Rate -0.706155% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $113,600 Land Value $5,900 Improvement Value $107,700 Tax Amount $10,009.3 Change Rate +3.409383% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $110,500 Land Value $5,900 Improvement Value $104,600 Tax Amount $2,270 Change Rate +0.0015% Assessed CR Tax Rate +0.020543%
Year 2018 Assessed Value $104,000 Land Value $5,600 Improvement Value $98,400 Tax Amount $2,266.6 Change Rate -0.007097% Assessed CR Tax Rate +0.021794%
Year 2017 Assessed Value $105,600 Land Value $5,600 Improvement Value $100,000 Tax Amount $2,282.8 Change Rate -0.211174% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $110,300 Land Value $5,600 Improvement Value $104,700 Tax Amount $2,893.92 Change Rate Assessed CR Tax Rate +0.026237%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,893.92 Change Rate +0.885683% Assessed CR Tax Rate
Year 2014 Assessed Value $137,300 Land Value $6,900 Improvement Value $130,400 Tax Amount $1,534.68 Change Rate Assessed CR Tax Rate +0.011178%
Year 2013 Assessed Value $134,500 Land Value $7,000 Improvement Value $127,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,457.9 Change Rate Assessed CR Tax Rate