Taxes
- Assessed Value: $44,800
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-08-261-003.000-004
- Assessed Land Value: 4400
- Market Land Value: 4400
- Tax Amount: 611.7
- Tax Year: 2024
- Market Value: 44800
- Market Year: 2025
1961 W 12th Ave; Gary, IN Property Details
Off market
1961 W 12th Ave Gary, IN 46404
$47,000 Listing Price
2 Beds
1 Baths
1,862 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1925
- Est. Equity / %: $42,000 / 100%
- Gross Yield: 35.943%
- APN: 45-08-08-261-003.000-004
- Situs County: Lake
- Length Of Ownership: 2 years, 2 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Fair
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,862/SqFt
- Lot: 3,877/SqFt
- Gross: 2,793/SqFt
- Garage: 360/SqFt
- Living: 1,862/SqFt
- Basement: 931/SqFt
- Building: 2,793/SqFt
- Ground: 931/SqFt
Legal Description
- Description: STIMPFIGS ADD. L.1 BL.2
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: 41.590378 / -87.361275
- Subdivision: Stimpfigs Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2409
- Bathroom Fixtures: 5
- Cooling: Central
- Garage: Detached Garage
- Heating: Central
- Parking: 1
Ownership Info
1961 W 12th Ave has no associated ownership info
1961 W 12th Ave has no associated ownership info.
Taxes
1961 W 12th Ave has 10 associated Taxes items
1961 W 12th 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 $44,800. The APN we've located for 1961 W 12th Ave is 45-08-08-261-003.000-004.
Unlock the full reportTax History
1961 W 12th 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 $44,800 | Land Value $4,400 | Improvement Value $40,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $45,200 | Land Value $3,400 | Improvement Value $41,800 | Tax Amount $611.7 | Change Rate -0.849505% | Assessed CR | Tax Rate +0.013533% |
| Year 2023 | Assessed Value $46,100 | Land Value $3,400 | Improvement Value $42,700 | Tax Amount $4,064.59 | Change Rate +6.327282% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value $48,400 | Land Value $4,000 | Improvement Value $44,400 | Tax Amount $554.72 | Change Rate +0.085175% | Assessed CR | Tax Rate +0.011461% |
| Year 2021 | Assessed Value $44,600 | Land Value $4,000 | Improvement Value $40,600 | Tax Amount $511.18 | Change Rate -0.499687% | Assessed CR | Tax Rate +0.011461% |
| Year 2020 | Assessed Value $44,600 | Land Value $4,000 | Improvement Value $40,600 | Tax Amount $1,021.72 | Change Rate +1.019209% | Assessed CR | Tax Rate +0.022909% |
| Year 2019 | Assessed Value $44,600 | Land Value $4,000 | Improvement Value $40,600 | Tax Amount $506 | Change Rate -0.027148% | Assessed CR | Tax Rate +0.011345% |
| Year 2018 | Assessed Value $44,600 | Land Value $4,000 | Improvement Value $40,600 | Tax Amount $520.12 | Change Rate +0.229424% | Assessed CR | Tax Rate +0.011662% |
| Year 2017 | Assessed Value $40,600 | Land Value $4,000 | Improvement Value $36,600 | Tax Amount $423.06 | Change Rate -0.031678% | Assessed CR | Tax Rate +0.01042% |
| Year 2016 | Assessed Value $42,400 | Land Value $4,000 | Improvement Value $38,400 | Tax Amount $436.9 | Change Rate | Assessed CR | Tax Rate +0.010304% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $436.9 | Change Rate -0.046569% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $42,100 | Land Value $4,000 | Improvement Value $38,100 | Tax Amount $458.24 | Change Rate | Assessed CR | Tax Rate +0.010885% |
| Year 2013 | Assessed Value $42,600 | Land Value $4,000 | Improvement Value $38,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $453.36 | Change Rate | Assessed CR | Tax Rate |